Charles Collier Sells 20,538 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 20,538 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $156.99, for a total value of $3,224,260.62. Following the completion of the sale, the insider directly owned 22,700 shares of the company’s stock, valued at $3,563,673. The trade was a 47.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Charles Collier also recently made the following trade(s):

• On Wednesday, September 2nd, Charles Collier sold 7,067 shares of Roku stock. The shares were sold at an average price of $156.86, for a total value of $1,108,529.62.
• On Tuesday, August 4th, Charles Collier sold 20,538 shares of Roku stock. The stock was sold at an average price of $145.93, for a total value of $2,997,110.34.
• On Monday, July 6th, Charles Collier sold 20,538 shares of Roku stock. The shares were sold at an average price of $142.51, for a total transaction of $2,926,870.38.

Roku Price Performance

Shares of NASDAQ ROKU opened at $154.12 on Friday. The company has a market cap of $22.87 billion, a P/E ratio of 65.86 and a beta of 2.05. Roku, Inc. has a 1 year low of $78.53 and a 1 year high of $159.89. The firm has a 50-day simple moving average of $149.77 and a two-hundred day simple moving average of $126.78.

Roku (NASDAQ:ROKU) last released its earnings results on Thursday, August 6th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.47. Roku had a return on equity of 13.73% and a net margin of 6.82%.The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the firm posted $0.07 earnings per share. The company’s quarterly revenue was up 21.9% on a year-over-year basis. As a group, equities research analysts expect that Roku, Inc. will post 2.85 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its stake in shares of Roku by 22.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,018 shares of the company’s stock worth $831,000 after acquiring an additional 1,102 shares in the last quarter. Maven Securities LTD acquired a new position in shares of Roku during the second quarter worth $5,111,000. IFP Advisors Inc lifted its holdings in shares of Roku by 12.5% during the 2nd quarter. IFP Advisors Inc now owns 1,965 shares of the company’s stock valued at $271,000 after purchasing an additional 218 shares during the last quarter. Governors Lane LP acquired a new stake in shares of Roku in the 2nd quarter worth $5,622,000. Finally, Arizona State Retirement System grew its stake in Roku by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 36,069 shares of the company’s stock worth $4,983,000 after buying an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Analysts Set New Price Targets

ROKU has been the topic of a number of research analyst reports. Citizens Jmp cut shares of Roku from a “market outperform” rating to a “hold” rating in a report on Tuesday, June 16th. Rosenblatt Securities reaffirmed a “buy” rating and set a $160.00 price target on shares of Roku in a research note on Monday, August 10th. Citigroup increased their price objective on Roku from $120.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Jefferies Financial Group lowered Roku from a “buy” rating to a “hold” rating and set a $160.00 target price for the company. in a research report on Monday, June 15th. Finally, Wolfe Research lowered Roku from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $156.17.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku’s proposed sale to Fox provides valuation support. Under the transaction terms, Roku shareholders would receive $96 in cash plus 0.9693 shares of Fox Class A stock for each Roku share. If completed, the deal would provide shareholders with a defined cash-and-stock consideration. Roku Investor Alert
• Positive Sentiment: International NFL expansion could increase engagement and advertising opportunities. Roku and the NFL are expanding NFL Zone within Roku Sports to Canada, Mexico and Brazil ahead of the 2026 season, potentially increasing viewing hours and platform monetization. Roku and NFL expand NFL Zone
• Positive Sentiment: New lower-priced OLED-style televisions may support hardware adoption. Roku launched an affordable home-theater television positioned as an alternative to premium OLED products, which could broaden its device ecosystem and create additional opportunities for platform and advertising revenue. Roku launches affordable OLED-style TVs
• Neutral Sentiment: Fox maintains that the deal remains on track. Fox COO John Nallen said the DOJ review was expected and that the acquisition is still targeted for completion in early 2027, although the timetable remains subject to regulatory approval. Fox says Roku deal remains on track
• Negative Sentiment: The DOJ has issued a second request for information. The expanded antitrust review extends the regulatory process and raises the possibility of delays, additional conditions or a failed transaction. This is the principal near-term overhang for ROKU shares. DOJ seeks more information on Fox-Roku deal
• Negative Sentiment: A law firm is investigating the proposed sale. Kahn Swick & Foti is examining whether Roku’s price and sale process adequately protect shareholders, adding potential litigation and execution risk. Investor investigation into Roku sale
• Negative Sentiment: Insider selling adds a modest cautionary signal. Charles Collier sold 20,538 shares worth approximately $3.2 million, reducing his holdings by 47.5%. The sale occurred under a pre-arranged Rule 10b5-1 plan, which makes it less indicative of a current bearish view. Roku insider transaction filing

Roku Company Profile

Roku, Inc (NASDAQ: ROKU) operates a television streaming platform that connects consumers with digital entertainment. Its Roku operating system powers streaming players, Roku-branded televisions and smart-TV products made by licensing partners. The platform provides access to streaming services, live television, movies, music and other applications.

The company also operates The Roku Channel, its own ad-supported streaming service offering licensed and original content, including movies, television programs, live channels and premium subscription options.