Allianz Asset Management GmbH Sells 5,581 Shares of Roku, Inc. $ROKU

Allianz Asset Management GmbH decreased its stake in Roku, Inc. (NASDAQ:ROKU) by 9.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,664 shares of the company’s stock after selling 5,581 shares during the quarter. Allianz Asset Management GmbH’s holdings in Roku were worth $5,474,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. West Tower Group LLC boosted its stake in shares of Roku by 128.6% during the second quarter. West Tower Group LLC now owns 8,000 shares of the company’s stock valued at $703,000 after purchasing an additional 4,500 shares during the period. CWM LLC increased its stake in Roku by 345.4% in the 3rd quarter. CWM LLC now owns 84,010 shares of the company’s stock worth $8,412,000 after buying an additional 65,150 shares during the period. Accurate Wealth Management LLC bought a new stake in Roku during the 3rd quarter valued at about $1,115,000. Monetta Financial Services Inc. boosted its position in Roku by 50.0% in the 2nd quarter. Monetta Financial Services Inc. now owns 15,000 shares of the company’s stock valued at $1,318,000 after buying an additional 5,000 shares during the period. Finally, AGF Management Ltd. bought a new stake in shares of Roku during the third quarter valued at approximately $15,023,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on ROKU shares. Jefferies Financial Group raised Roku from a “hold” rating to a “buy” rating and increased their price objective for the stock from $100.00 to $135.00 in a research note on Thursday, December 11th. Susquehanna reissued a “positive” rating and set a $130.00 price target on shares of Roku in a research report on Friday, October 31st. Arete Research set a $132.00 price target on Roku and gave the company a “buy” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. lifted their price objective on Roku from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Finally, Morgan Stanley set a $135.00 price target on shares of Roku and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Twenty-three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $118.72.

Roku Trading Up 2.7%

Shares of ROKU opened at $90.91 on Wednesday. Roku, Inc. has a 12 month low of $52.43 and a 12 month high of $116.66. The stock has a fifty day moving average price of $104.48 and a 200-day moving average price of $99.07. The firm has a market cap of $13.43 billion, a PE ratio of -454.53 and a beta of 1.99.

Insider Activity at Roku

In other Roku news, insider Gilbert Fuchsberg sold 3,250 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $108.78, for a total value of $353,535.00. Following the completion of the sale, the insider owned 59,094 shares of the company’s stock, valued at approximately $6,428,245.32. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Anthony J. Wood sold 75,000 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $109.61, for a total value of $8,220,750.00. The SEC filing for this sale provides additional information. Insiders sold a total of 184,790 shares of company stock worth $19,685,259 over the last ninety days. Corporate insiders own 13.98% of the company’s stock.

Key Roku News

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Analysts and commentators expect Roku to report strong Platform momentum and record EBITDA in its Q4 report, suggesting upside to subscription and ad revenue that could support the stock. ROKU Set to Report Q4 Earnings: What’s in the Cards for the Stock?
• Positive Sentiment: Some previews argue Roku could surprise the market on Q4 results, which would reinforce investor confidence in Platform monetization and ad growth as the primary earnings driver. Roku Should Surprise Markets This Week (Q4 Preview)
• Neutral Sentiment: Industry coverage highlights a free Roku upgrade adding channels and money-saving features (non-TV hardware), which can boost engagement and platform time but has limited immediate revenue impact. Your Roku just got a free upgrade that could save you money – no Roku TV required
• Neutral Sentiment: Analyst previews provide detail on the KPIs investors will watch (MAUs, engagement, ARPU, device revenue/margins), helping set expectations but not changing fundamentals yet. ROKU Q4 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Neutral Sentiment: Retail promotions (e.g., Roku Streaming Stick HD on sale) and lists of free Roku apps/content (including a Martha Stewart channel) can nudge incremental device and engagement metrics but may pressure device margins. The Roku Streaming Stick HD is just $15 at Amazon — save over $10 right now
• Negative Sentiment: A new class-action lawsuit alleges Roku TVs randomly stopped working for some users, raising potential legal/recall risks and consumer-friction headlines that could weigh on sentiment if developments escalate. If your Roku TV randomly stopped working, you’ll want to know about this lawsuit

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.