Matthew Banks Sells 716 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKU) CAO Matthew Banks sold 716 shares of Roku stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $95.57, for a total transaction of $68,428.12. Following the completion of the transaction, the chief accounting officer directly owned 7,675 shares of the company’s stock, valued at $733,499.75. The trade was a 8.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Roku Trading Up 0.6%

Shares of NASDAQ ROKU opened at $98.11 on Friday. Roku, Inc. has a 12-month low of $52.43 and a 12-month high of $116.66. The firm’s 50-day moving average price is $99.47 and its 200-day moving average price is $99.43. The stock has a market capitalization of $14.46 billion, a price-to-earnings ratio of 172.13 and a beta of 1.98.

Roku (NASDAQ:ROKU) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.28 by $0.25. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.35 billion. Roku had a return on equity of 3.40% and a net margin of 1.87%.The firm’s revenue was up 16.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.24) earnings per share. On average, equities analysts predict that Roku, Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ROKU shares. Piper Sandler reissued an “overweight” rating and issued a $140.00 target price (up from $135.00) on shares of Roku in a research note on Friday, February 13th. UBS Group reiterated a “neutral” rating and set a $110.00 price target on shares of Roku in a report on Friday, February 13th. KeyCorp raised their price objective on shares of Roku from $128.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Wall Street Zen upgraded Roku from a “hold” rating to a “buy” rating in a research report on Sunday, December 7th. Finally, Evercore reiterated an “outperform” rating and issued a $150.00 price target on shares of Roku in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $125.40.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku launched “Roklue,” a gamified trivia/interactive discovery feature that steers viewers to shows and ads — could raise engagement and ad/subscription revenue if widely adopted. Roku Gamifies Movies and TV Show Lineup With Launch of ‘Roklue’ Interactive Experience Beginning With Oscars Trivia (EXCLUSIVE)
• Positive Sentiment: Roku rolled out improved Live TV discovery (new search button/Live Guide search) that should increase FAST viewership and ad impressions by making free/live content easier to find. How Roku’s new button totally changes the way you watch free, live TV
• Positive Sentiment: Analyst and estimate momentum: coverage highlights Roku turned profitable, posted record free cash flow and has upward earnings revisions — supporting upside in the stock. Surging Earnings Estimates Signal Upside for Roku (ROKU) Stock
• Neutral Sentiment: Technical cue — ROKU recently crossed above its 200‑day moving average, a bullish technical signal that may attract momentum/trend traders but isn’t a fundamental guarantee. Roku (ROKU) Just Overtook the 200-Day Moving Average
• Neutral Sentiment: Device promotions (eg. Streaming Stick HD discounts) could drive activations and scale but may compress near‑term hardware margins; net impact depends on follow‑on ad/sub revenue. The Roku Streaming Stick HD is almost half off at Amazon — save $14 right now
• Neutral Sentiment: Management outreach: CFO/COO Dan Jedda will do a Deutsche Bank fireside chat (Mar 10) — could clarify guidance or strategy but is unlikely to move the stock materially unless new guidance is given. Roku CFO to Participate in Fireside Chat Hosted by Deutsche Bank
• Negative Sentiment: Clustered insider selling — multiple insiders (SVP, director, CAO and others) sold shares recently around the mid‑$90s. While often routine, concentrated sales can create short‑term downside risk and signal liquidity-taking. Insider Form 4 filings — Roku

Institutional Trading of Roku

A number of large investors have recently modified their holdings of ROKU. Empowered Funds LLC grew its stake in Roku by 18.6% in the first quarter. Empowered Funds LLC now owns 3,291 shares of the company’s stock worth $232,000 after purchasing an additional 515 shares in the last quarter. Focus Partners Wealth purchased a new stake in shares of Roku in the 1st quarter worth $229,000. Arkadios Wealth Advisors lifted its holdings in shares of Roku by 36.7% in the 2nd quarter. Arkadios Wealth Advisors now owns 3,963 shares of the company’s stock worth $348,000 after buying an additional 1,063 shares during the period. Spire Wealth Management grew its position in shares of Roku by 4,858.5% during the 2nd quarter. Spire Wealth Management now owns 3,223 shares of the company’s stock worth $283,000 after buying an additional 3,158 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its stake in shares of Roku by 14.2% during the second quarter. Simon Quick Advisors LLC now owns 3,419 shares of the company’s stock valued at $300,000 after buying an additional 426 shares during the period. Hedge funds and other institutional investors own 86.30% of the company’s stock.

About Roku

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.