Arrowstreet Capital Limited Partnership Buys 1,419,772 Shares of Roku, Inc. $ROKU

Posted by ABMN Staff on Jul 25th, 2026

Arrowstreet Capital Limited Partnership raised its stake in Roku, Inc. (NASDAQ:ROKU – Free Report) by 229.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,038,347 shares of the company’s stock after purchasing an additional 1,419,772 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Roku were worth $192,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in ROKU. AQR Capital Management LLC lifted its position in shares of Roku by 275.5% during the third quarter. AQR Capital Management LLC now owns 2,586,125 shares of the company’s stock valued at $258,897,000 after buying an additional 1,897,407 shares during the last quarter. Fred Alger Management LLC lifted its position in Roku by 7,087.7% during the fourth quarter. Fred Alger Management LLC now owns 1,421,440 shares of the company’s stock valued at $154,212,000 after acquiring an additional 1,401,664 shares during the last quarter. Norges Bank purchased a new stake in Roku during the fourth quarter valued at approximately $92,808,000. Alyeska Investment Group L.P. boosted its stake in Roku by 380.9% in the fourth quarter. Alyeska Investment Group L.P. now owns 882,915 shares of the company’s stock valued at $95,787,000 after acquiring an additional 699,336 shares in the last quarter. Finally, Duquesne Family Office LLC boosted its stake in Roku by 123.0% in the second quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company’s stock valued at $96,723,000 after acquiring an additional 606,900 shares in the last quarter. 86.30% of the stock is currently owned by institutional investors.

Roku Trading Up 0.2%

Shares of ROKU opened at $141.97 on Friday. The firm has a market cap 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. The stock’s 50 day moving average is $134.40 and its two-hundred day moving average is $113.71.

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

Insider Buying and Selling

In other news, CAO Matthew C. Banks sold 554 shares of Roku stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $138.88, for a total value of $76,939.52. Following the sale, the chief accounting officer owned 7,171 shares in the company, valued at $995,908.48. This trade represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Neil D. Hunt sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $140.65, for a total transaction of $281,300.00. Following the sale, the director directly owned 9,629 shares of the company’s stock, valued at $1,354,318.85. This represents a 17.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 236,499 shares of company stock worth $30,582,963 in the last 90 days. 13.45% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on ROKU. Benchmark upped their target price on Roku from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Zacks Research lowered Roku from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Guggenheim increased their price objective on shares of Roku from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Roku in a research note on Friday, May 15th. Finally, Citizens Jmp downgraded shares of Roku from a “market outperform” rating to a “hold” rating in a research report on Tuesday, June 16th. Ten equities research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, Roku has an average rating of “Hold” and a consensus price target of $155.12.

Read Our Latest Stock Report on Roku

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

About Roku

(Free Report)

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.