OVERSEA CHINESE BANKING Corp Ltd Buys 21,993 Shares of Roku, Inc. $ROKU

OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of Roku, Inc. (NASDAQ:ROKU) by 731.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,998 shares of the company’s stock after purchasing an additional 21,993 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Roku were worth $2,710,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ROKU. Blue Trust Inc. grew its position in Roku by 680.0% in the 4th quarter. Blue Trust Inc. now owns 234 shares of the company’s stock valued at $25,000 after acquiring an additional 204 shares during the last quarter. Aventura Private Wealth LLC bought a new position in Roku in the 4th quarter valued at $26,000. Westfuller Advisors LLC bought a new position in Roku in the 3rd quarter valued at $30,000. Root Financial Partners LLC bought a new position in Roku in the 3rd quarter valued at $33,000. Finally, Rakuten Securities Inc. grew its position in Roku by 55.6% in the 2nd quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock valued at $39,000 after acquiring an additional 158 shares during the last quarter. Institutional investors own 86.30% of the company’s stock.

Roku Trading Up 3.7%

Shares of ROKU stock opened at $118.34 on Thursday. Roku, Inc. has a twelve month low of $58.55 and a twelve month high of $120.00. The stock has a market capitalization of $17.45 billion, a price-to-earnings ratio of 207.62 and a beta of 2.00. The stock has a fifty day simple moving average of $97.31 and a two-hundred day simple moving average of $100.16.

Roku (NASDAQ:ROKU) last issued its earnings results on Thursday, February 12th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.25. Roku had a return on equity of 3.40% and a net margin of 1.87%.The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the prior year, the business earned ($0.24) EPS. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. Research analysts predict that Roku, Inc. will post 2.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on ROKU shares. Stifel Nicolaus set a $160.00 price objective on Roku in a research report on Monday, March 2nd. Moffett Nathanson reaffirmed a “neutral” rating and issued a $100.00 price objective on shares of Roku in a research report on Friday, February 13th. Pivotal Research upped their price objective on Roku from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, February 16th. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 price objective on shares of Roku in a research report on Friday, February 13th. Finally, Evercore reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Roku in a research report on Friday, February 13th. Twenty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Roku currently has an average rating of “Moderate Buy” and an average price target of $128.83.

Insiders Place Their Bets

In other Roku news, insider Charles Collier sold 205,807 shares of the company’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $115.00, for a total value of $23,667,805.00. Following the completion of the sale, the insider directly owned 7,700 shares in the company, valued at approximately $885,500. This represents a 96.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Matthew C. Banks sold 728 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $96.02, for a total value of $69,902.56. Following the completion of the sale, the chief accounting officer owned 6,947 shares of the company’s stock, valued at $667,050.94. This represents a 9.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 632,182 shares of company stock worth $67,058,733. 13.98% of the stock is owned by company insiders.

Key Roku News

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Guggenheim raised its price target to $130 and kept a Buy rating, citing Roku’s platform crossing 100M active streaming households — a milestone the firm views as an inflection for ad and platform monetization. Guggenheim Raises Roku Price Target to $130
• Positive Sentiment: Parks Associates data shows Roku OS holds a 28% share of connected‑TV usage in US broadband households (largest single share), reinforcing Roku’s distribution advantage for ad impressions and partner reach. Parks Associates: Roku (28%) and Samsung (23%) Dominate Connected TV Platforms
• Positive Sentiment: Peacock will offer an ad‑free tier on Roku Premium subscriptions under a new agreement, a distribution/monetization win that may broaden paid offerings and partner revenue on the platform. Peacock’s Ad-Free Tier Coming To Roku Premium Subscriptions
• Positive Sentiment: Product/engagement moves — Roku launched “Roku City Dash,” an interactive screensaver game, and quietly added free channels; these initiatives target higher engagement and ad impressions per user. Roku Launches New ‘City Dash’ Game (EXCLUSIVE)
• Neutral Sentiment: Retail promotions (discounted Roku TVs and Streambar) are visible — positive for device sales/installed base but mixed near‑term for ASPs and margin. This Roku Smart TV is back on sale at Amazon — save $100 right now
• Neutral Sentiment: Analyst/market context — consensus remains a “Moderate Buy” with an average target near ~$128 and many Buy ratings; heightened investor attention can amplify moves around upcoming results. Tickerreport coverage
• Negative Sentiment: Insider selling: Director Charles Collier sold ~205,807 shares (~$23.7M) under a pre‑arranged 10b5‑1 plan; while pre‑planned, large disposals can spook flow‑sensitive traders. Roku Insider Sells $23,667,805.00 in Stock
• Negative Sentiment: Short‑term profit‑taking: After a multi‑week rally and technical breakout, some reports note a pullback and heavier intraday declines versus the market as traders trim positions ahead of Q1 results. Roku (ROKU) Falls More Steeply Than Broader Market

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.