Roku (NASDAQ:ROKU) Insider Charles Collier Sells 15,404 Shares

Key Points

• Roku insider Charles Collier sold 15,404 shares at an average price of $103.31, totaling approximately $1.59 million, resulting in a 98.72% decrease of his position.
• Roku's stock is currently trading at $101.83, down 2.9%, with a market capitalization of $15 billion and a price-to-earnings ratio of -242.45.
• Several analysts have recently updated their price targets for Roku, with Guggenheim boosting theirs to $105 and Bank of America raising it to $110, indicating a consensus rating of "Moderate Buy."

Roku, Inc. (NASDAQ:ROKU - Get Free Report) insider Charles Collier sold 15,404 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $103.31, for a total transaction of $1,591,387.24. Following the completion of the transaction, the insider directly owned 200 shares of the company's stock, valued at $20,662. This trade represents a 98.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Charles Collier also recently made the following trade(s):

• On Wednesday, October 1st, Charles Collier sold 112,961 shares of Roku stock. The stock was sold at an average price of $105.00, for a total transaction of $11,860,905.00.
• On Thursday, September 4th, Charles Collier sold 10,269 shares of Roku stock. The shares were sold at an average price of $99.14, for a total transaction of $1,018,068.66.
• On Wednesday, September 3rd, Charles Collier sold 14,361 shares of Roku stock. The stock was sold at an average price of $97.06, for a total transaction of $1,393,878.66.
• On Friday, August 22nd, Charles Collier sold 10,269 shares of Roku stock. The shares were sold at an average price of $95.00, for a total value of $975,555.00.
• On Monday, July 21st, Charles Collier sold 212,559 shares of Roku stock. The stock was sold at an average price of $95.00, for a total value of $20,193,105.00.

Roku Trading Down 2.9%

ROKU traded down $3.01 on Tuesday, reaching $101.83. The stock had a trading volume of 2,467,015 shares, compared to its average volume of 3,875,491. The company has a market capitalization of $15.00 billion, a price-to-earnings ratio of -242.45, a price-to-earnings-growth ratio of 14.54 and a beta of 2.13. Roku, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $107.25. The firm has a 50-day moving average of $94.21 and a 200-day moving average of $81.27.

Roku (NASDAQ:ROKU - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.23. The company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.07 billion. Roku had a negative return on equity of 2.44% and a negative net margin of 1.40%.The business's quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.18) earnings per share. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts anticipate that Roku, Inc. will post -0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ROKU. Aaron Wealth Advisors LLC grew its holdings in Roku by 59.5% in the third quarter. Aaron Wealth Advisors LLC now owns 4,704 shares of the company's stock worth $471,000 after purchasing an additional 1,754 shares during the period. GAMMA Investing LLC increased its position in Roku by 9.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,114 shares of the company's stock valued at $112,000 after buying an additional 97 shares in the last quarter. Corient Private Wealth LLC raised its stake in Roku by 8.2% during the 2nd quarter. Corient Private Wealth LLC now owns 13,387 shares of the company's stock worth $1,177,000 after buying an additional 1,019 shares during the period. American Trust bought a new position in Roku in the second quarter worth approximately $213,000. Finally, Marex Group plc bought a new stake in shares of Roku during the second quarter valued at approximately $2,538,000. 86.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ROKU shares. Guggenheim boosted their price objective on shares of Roku from $100.00 to $105.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Susquehanna increased their price target on Roku from $85.00 to $110.00 and gave the company a "positive" rating in a research note on Friday, August 1st. Piper Sandler lifted their price objective on Roku from $65.00 to $84.00 and gave the stock a "neutral" rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. upped their target price on Roku from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Bank of America raised their price target on shares of Roku from $100.00 to $110.00 and gave the stock a "buy" rating in a report on Thursday, July 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $101.33.

About Roku

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

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