Roku (NASDAQ:ROKU) Insider Gilbert Fuchsberg Sells 10,719 Shares of Stock

Roku, Inc. (NASDAQ:ROKU) insider Gilbert Fuchsberg sold 10,719 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $150.00, for a total transaction of $1,607,850.00. Following the completion of the transaction, the insider owned 40,380 shares of the company’s stock, valued at $6,057,000. This trade represents a 20.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Gilbert Fuchsberg also recently made the following trade(s):

• On Tuesday, June 2nd, Gilbert Fuchsberg sold 4,376 shares of Roku stock. The shares were sold at an average price of $127.26, for a total transaction of $556,889.76.

Roku Price Performance

Roku stock opened at $153.11 on Friday. Roku, Inc. has a 12-month low of $78.53 and a 12-month high of $153.54. The company has a market capitalization of $22.57 billion, a price-to-earnings ratio of 65.43 and a beta of 2.01. The firm’s fifty day moving average price is $138.39 and its 200 day moving average price is $116.30.

Roku (NASDAQ:ROKU) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.47. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Roku had a net margin of 6.82% and a return on equity of 13.95%. The firm’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 EPS. Analysts forecast that Roku, Inc. will post 2.41 earnings per share for the current fiscal year.

Trending Headlines about Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku reported second-quarter revenue of approximately $1.35 billion, up 21.9% year over year and above the roughly $1.30 billion consensus estimate. Earnings reached about $1.08 per share, compared with $0.07 a year earlier and estimates near $0.61, while the company also highlighted record profitability and free cash flow. ROKU Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The platform business remains Roku’s primary growth engine. Advertising spending increased 25% and subscriptions rose 26%, supporting higher-margin revenue and stronger engagement. Roku Ad Spend Up 25%, Subscriptions Rise 26%
• Positive Sentiment: Roku said improved search capabilities and artificial intelligence help viewers interpret broad queries and discover content more efficiently. Better discovery could increase viewing time, platform engagement and advertising opportunities. Roku Credits Search and AI
• Neutral Sentiment: Fox’s proposed $22 billion acquisition of Roku remains pending. The transaction may provide strategic support, but Roku is not holding an earnings call or issuing financial guidance while the deal proceeds. Roku Second-Quarter Results
• Negative Sentiment: Despite improving cash flow, Roku’s valuation remains demanding, with a high earnings multiple and mixed signals between discounted-cash-flow estimates and market multiples. Pre-arranged insider sales, including a transaction by President Charles Collier, may also add modest investor caution. Roku Valuation Analysis

Hedge Funds Weigh In On Roku

Several large investors have recently modified their holdings of ROKU. Jefferies Financial Group Inc. bought a new stake in shares of Roku in the 4th quarter valued at approximately $1,345,000. Moran Wealth Management LLC bought a new position in Roku during the first quarter worth $2,990,000. MH & Associates Securities Management Corp ADV bought a new position in Roku during the fourth quarter worth $2,398,000. California Public Employees Retirement System boosted its holdings in Roku by 14.8% in the first quarter. California Public Employees Retirement System now owns 260,774 shares of the company’s stock worth $24,674,000 after purchasing an additional 33,593 shares during the period. Finally, Katamaran Capital LLP boosted its holdings in Roku by 90.8% in the first quarter. Katamaran Capital LLP now owns 52,548 shares of the company’s stock worth $4,972,000 after purchasing an additional 25,002 shares during the period. Institutional investors own 86.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on ROKU shares. UBS Group set a $160.00 price target on Roku in a report on Monday, June 15th. JPMorgan Chase & Co. restated a “neutral” rating and set a $160.00 price objective (up from $150.00) on shares of Roku in a report on Tuesday, June 16th. Rosenblatt Securities upped their target price on Roku from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Evercore lowered Roku from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Finally, Jefferies Financial Group cut Roku from a “buy” rating to a “hold” rating and set a $160.00 target price for the company. in a research note on Monday, June 15th. Nine analysts have rated the stock with a Buy rating and eighteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $155.75.

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.