Neil Hunt Sells 2,000 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKU) Director Neil Hunt sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $108.98, for a total value of $217,960.00. Following the completion of the sale, the director owned 7,782 shares of the company’s stock, valued at $848,082.36. The trade was a 20.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Roku Price Performance

Shares of NASDAQ ROKU opened at $110.30 on Thursday. The stock has a market capitalization of $16.30 billion, a P/E ratio of -551.47 and a beta of 1.95. Roku, Inc. has a one year low of $52.43 and a one year high of $116.66. The firm’s 50 day simple moving average is $103.86 and its two-hundred day simple moving average is $96.88.

Roku (NASDAQ:ROKU) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.09. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Roku had a negative net margin of 0.61% and a negative return on equity of 1.08%. The firm’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) EPS. As a group, equities analysts expect that Roku, Inc. will post -0.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Arete upgraded shares of Roku from a “neutral” rating to a “buy” rating and set a $132.00 target price on the stock in a report on Monday. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price target on shares of Roku in a report on Wednesday, October 1st. Wedbush boosted their price objective on shares of Roku from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Arete Research set a $132.00 target price on shares of Roku and gave the stock a “buy” rating in a report on Monday. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $145.00 target price on shares of Roku in a research note on Tuesday, December 2nd. Twenty-three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Roku has an average rating of “Moderate Buy” and an average price target of $118.12.

Hedge Funds Weigh In On Roku

Several hedge funds and other institutional investors have recently modified their holdings of ROKU. Vanguard Group Inc. lifted its holdings in Roku by 2.5% in the third quarter. Vanguard Group Inc. now owns 12,998,674 shares of the company’s stock worth $1,301,557,000 after buying an additional 322,858 shares during the period. Acadian Asset Management LLC raised its position in shares of Roku by 41.2% in the 2nd quarter. Acadian Asset Management LLC now owns 2,691,643 shares of the company’s stock worth $236,545,000 after acquiring an additional 785,864 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Roku by 275.5% in the 3rd quarter. AQR Capital Management LLC now owns 2,586,125 shares of the company’s stock valued at $258,897,000 after purchasing an additional 1,897,407 shares during the period. Tableaux LLC bought a new stake in shares of Roku during the second quarter valued at approximately $1,746,000. Finally, Holocene Advisors LP boosted its position in shares of Roku by 352.3% during the third quarter. Holocene Advisors LP now owns 1,650,448 shares of the company’s stock valued at $165,259,000 after purchasing an additional 1,285,585 shares in the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Key Stories Impacting Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku said at CES its $2.99/month streaming channel Howdy will be expanded to other platforms — a move that could grow subscription revenue and broaden Howdy’s addressable market. Read More.
• Positive Sentiment: Roku adopted iSpot’s outcomes‑based ad metric to improve ad targeting and measurement, which could boost ad yield if advertisers see better ROI. Read More.
• Positive Sentiment: An analyst upgrade from Arete to “buy” with a $132 target provides additional upside narrative for investors focused on fundamentals and earnings recovery. Read More.
• Positive Sentiment: Technical momentum: recent break above short‑term moving averages (noted as a “golden cross” signal) can attract momentum traders. Read More.
• Neutral Sentiment: Industry backdrop remains supportive: smart TVs are still the primary streaming device in U.S. homes, underpinning Roku’s platform reach but not guaranteeing near‑term ad revenue gains. Read More.
• Neutral Sentiment: Product/UX and third‑party app stories (KREX+ availability, display resolution tips) affect user experience but are unlikely to move the stock unless adoption or problems scale materially. Read More. Read More.
• Negative Sentiment: Insider selling: Director Neil D. Hunt and CAO Matthew Banks disclosed January sales (forms filed with the SEC), which some investors view as a negative signal on near‑term insider conviction. Read More. Read More.
• Negative Sentiment: Market reaction: the stock fell today as traders weighed the mixed signals — positive product/tech and analyst news have not fully offset concerns about ad‑revenue visibility and insider sales. Read More.

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.