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

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 15,404 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $104.71, for a total transaction of $1,612,952.84. Following the completion of the transaction, the insider directly owned 200 shares of the company’s stock, valued at $20,942. This trade represents a 98.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, October 31st, Charles Collier sold 118,088 shares of Roku stock. The stock was sold at an average price of $115.00, for a total value of $13,580,120.00.
• On Monday, October 6th, Charles Collier sold 15,404 shares of Roku stock. The stock was sold at an average price of $103.31, for a total transaction of $1,591,387.24.
• 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 stock was 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 stock was sold at an average price of $95.00, for a total transaction of $975,555.00.

Roku Trading Down 2.3%

Shares of ROKU stock traded down $2.53 during trading hours on Tuesday, reaching $106.10. 3,498,706 shares of the company’s stock were exchanged, compared to its average volume of 3,429,974. The stock’s 50 day moving average is $98.52 and its 200-day moving average is $86.37. The company has a market cap of $15.63 billion, a price-to-earnings ratio of -530.47, a P/E/G ratio of 5.81 and a beta of 2.18. Roku, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $116.66.

Roku (NASDAQ:ROKU) last announced its earnings results on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.09. Roku had a negative return on equity of 1.08% and a negative net margin of 0.61%.The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the company posted ($0.06) EPS. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. Roku has set its Q4 2025 guidance at EPS. Equities analysts anticipate that Roku, Inc. will post -0.3 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Roku from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. JMP Securities restated a “market outperform” rating and set a $145.00 price target on shares of Roku in a research note on Thursday, October 2nd. Wedbush restated an “outperform” rating and set a $110.00 price target on shares of Roku in a research note on Monday, October 27th. Piper Sandler upgraded Roku from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $88.00 to $135.00 in a research note on Monday. Finally, Raymond James Financial restated a “market perform” rating on shares of Roku in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Roku presently has an average rating of “Moderate Buy” and an average target price of $110.18.

Institutional Trading of Roku

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Westfuller Advisors LLC acquired a new stake in Roku during the third quarter worth about $30,000. Root Financial Partners LLC acquired a new stake in shares of Roku during the 3rd quarter worth approximately $33,000. Cornerstone Planning Group LLC grew its stake in shares of Roku by 20,450.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 411 shares of the company’s stock worth $41,000 after purchasing an additional 409 shares during the period. Beaird Harris Wealth Management LLC acquired a new stake in shares of Roku during the 1st quarter worth approximately $30,000. Finally, Banque Transatlantique SA acquired a new stake in Roku during the first quarter valued at $28,000. 86.30% of the stock is owned by institutional investors and hedge funds.

Roku Company Profile

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.