Lido Advisors LLC Sells 10,711 Shares of Roku, Inc. $ROKU

Key Points

• Lido Advisors LLC cut its Roku stake by 26.1% in the first quarter, selling 10,711 shares and leaving it with 30,348 shares valued at about $2.87 million.
• Roku is drawing bullish attention tied to Fox’s acquisition announcement, with analysts raising fair value estimates to around $158–$160 and viewing Roku as a key connected-TV distribution platform.
• Despite some concerns that the stock may be near fair value, Roku recently reported strong quarterly results, including EPS of $0.57 versus $0.34 expected and revenue growth of 22.4% year over year.

Lido Advisors LLC trimmed its position in shares of Roku, Inc. (NASDAQ:ROKU - Free Report) by 26.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,348 shares of the company's stock after selling 10,711 shares during the quarter. Lido Advisors LLC's holdings in Roku were worth $2,872,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ROKU. Jefferies Financial Group Inc. acquired a new position in Roku in the fourth quarter worth $1,345,000. Moran Wealth Management LLC acquired a new stake in shares of Roku in the first quarter valued at $2,990,000. MH & Associates Securities Management Corp ADV acquired a new stake in shares of Roku in the fourth quarter valued at $2,398,000. Katamaran Capital LLP raised its holdings in shares of Roku by 90.8% in the first quarter. Katamaran Capital LLP now owns 52,548 shares of the company's stock valued at $4,972,000 after buying an additional 25,002 shares during the last quarter. Finally, Maxi Investments CY Ltd bought a new position in shares of Roku in the fourth quarter valued at about $1,953,000. Institutional investors and hedge funds own 86.30% of the company's stock.

Key Roku News

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Analysts lifted Roku’s estimated fair value to about $158.41 from $151.68, with several firms now framing the stock around a potential $160 takeover value after Fox’s acquisition announcement. Roku (ROKU) Stock Sees Modest Fair Value Lift After Fox Deal Recast Analyst Views
• Positive Sentiment: Commentary around Fox’s acquisition says the deal could be a win for creators and reinforces the strategic value of Roku as a key connected-TV distribution platform. Why Fox's Acquisition of Roku Is a Win for Creators | Analysis
• Positive Sentiment: Additional bullish media coverage argues Roku benefits from broader media consolidation trends, with investors increasingly valuing digital distribution gateways like Roku over content owners alone. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (ROKU)
• Neutral Sentiment: Roku said it will report second-quarter 2026 results on August 6, but it will not host an earnings call or provide outlook because of the pending Fox transaction. Roku to Announce Second Quarter 2026 Financial Results on August 6
• Neutral Sentiment: Several articles focused on Roku features, campaigns, and streaming content, which may help brand visibility but are unlikely to materially move the stock on their own. 4 Roku secret menus everyone should be using
• Negative Sentiment: Some valuation-focused analysis suggests the stock may already be near fair value after its recent run, with concerns that growth expectations from connected-TV advertising may be largely priced in. Roku (ROKU) As Connected TV Ad Growth Narrative Tests Whether The Stock Is Fully Valued

Roku Stock Performance

ROKU opened at $141.97 on Friday. The company has a fifty day moving average price of $134.40 and a two-hundred day moving average price of $113.71. Roku, Inc. has a 52 week low of $78.53 and a 52 week high of $148.88. The firm has a market capitalization of $20.93 billion, a PE ratio of 106.75 and a beta of 2.01.

Roku (NASDAQ:ROKU - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.34 by $0.23. Roku had a net margin of 4.06% and a return on equity of 7.64%. The company had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same quarter in the previous year, the company posted ($0.19) EPS. The business's revenue for the quarter was up 22.4% compared to the same quarter last year. Equities analysts forecast that Roku, Inc. will post 2.41 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Seaport Research Partners set a $155.00 price objective on shares of Roku in a report on Tuesday, June 16th. Evercore downgraded shares of Roku from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 15th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Roku in a research report on Friday, May 15th. Benchmark increased their price target on shares of Roku from $130.00 to $160.00 and gave the company a "buy" rating in a research note on Friday, May 1st. Finally, Pivotal Research reissued a "buy" rating and issued a $160.00 price target (up from $140.00) on shares of Roku in a report on Friday, May 1st. Ten analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $155.12.

Insider Transactions at Roku

In other Roku news, CEO Anthony J. Wood sold 75,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $128.79, for a total value of $9,659,250.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gilbert Fuchsberg sold 9,593 shares of the business's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $125.52, for a total value of $1,204,113.36. Following the transaction, the insider owned 50,863 shares of the company's stock, valued at $6,384,323.76. The trade was a 15.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 236,499 shares of company stock valued at $30,582,963. Corporate insiders own 13.45% of the company's stock.

Roku Company Profile

Roku, Inc NASDAQ: ROKU is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company's platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.

At the core of Roku's product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.

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