Bank of Nova Scotia Buys 45,610 Shares of Roku, Inc. $ROKU

Bank of Nova Scotia boosted its position in Roku, Inc. (NASDAQ:ROKU) by 43.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 151,178 shares of the company’s stock after purchasing an additional 45,610 shares during the period. Bank of Nova Scotia’s holdings in Roku were worth $14,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Jefferies Financial Group Inc. bought a new position in shares of Roku in the 4th quarter worth about $1,345,000. Moran Wealth Management LLC bought a new stake in Roku during the first quarter worth about $2,990,000. MH & Associates Securities Management Corp ADV purchased a new stake in Roku in the fourth quarter worth about $2,398,000. Katamaran Capital LLP grew 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. Finally, Maxi Investments CY Ltd bought a new position in shares of Roku during the fourth quarter valued at approximately $1,953,000. 86.30% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Analysts lifted Roku’s estimated fair value to about $158.41 from $151.68, with several firms now framing the stock around a potential $160 takeover value after Fox’s acquisition announcement. Roku (ROKU) Stock Sees Modest Fair Value Lift After Fox Deal Recast Analyst Views
• Positive Sentiment: Commentary around Fox’s acquisition says the deal could be a win for creators and reinforces the strategic value of Roku as a key connected-TV distribution platform. Why Fox’s Acquisition of Roku Is a Win for Creators | Analysis
• Positive Sentiment: Additional bullish media coverage argues Roku benefits from broader media consolidation trends, with investors increasingly valuing digital distribution gateways like Roku over content owners alone. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (ROKU)
• Neutral Sentiment: Roku said it will report second-quarter 2026 results on August 6, but it will not host an earnings call or provide outlook because of the pending Fox transaction. Roku to Announce Second Quarter 2026 Financial Results on August 6
• Neutral Sentiment: Several articles focused on Roku features, campaigns, and streaming content, which may help brand visibility but are unlikely to materially move the stock on their own. 4 Roku secret menus everyone should be using
• Negative Sentiment: Some valuation-focused analysis suggests the stock may already be near fair value after its recent run, with concerns that growth expectations from connected-TV advertising may be largely priced in. Roku (ROKU) As Connected TV Ad Growth Narrative Tests Whether The Stock Is Fully Valued

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ROKU shares. Needham & Company LLC lifted their target price on shares of Roku from $140.00 to $170.00 and gave the company a “buy” rating in a report on Monday, June 15th. Citigroup raised their price target on Roku from $120.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Evercore lowered Roku from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Guggenheim upped their price target on shares of Roku from $140.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, William Blair downgraded shares of Roku from an “outperform” rating to a “market perform” rating in a research report on Monday, June 15th. Ten analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat, Roku has a consensus rating of “Hold” and an average target price of $155.12.

Roku Trading Up 0.2%

Shares of ROKU stock opened at $141.97 on Friday. The firm’s 50 day moving average is $134.40 and its 200 day moving average is $113.71. The stock has a market capitalization of $20.93 billion, a P/E ratio of 106.75 and a beta of 2.01. Roku, Inc. has a 12-month low of $78.53 and a 12-month high of $148.88.

Roku (NASDAQ:ROKU) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.23. Roku had a return on equity of 7.64% and a net margin of 4.06%.The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the business posted ($0.19) EPS. The company’s revenue for the quarter was up 22.4% on a year-over-year basis. As a group, equities analysts predict that Roku, Inc. will post 2.41 earnings per share for the current year.

Insider Buying and Selling

In other Roku news, insider Gilbert Fuchsberg sold 9,593 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $125.52, for a total value of $1,204,113.36. Following the transaction, the insider directly owned 50,863 shares of the company’s stock, valued at approximately $6,384,323.76. This trade represents a 15.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony J. Wood sold 75,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $128.79, for a total value of $9,659,250.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 236,499 shares of company stock valued at $30,582,963 in the last 90 days. Insiders own 13.45% of the company’s stock.

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.