Capelight Capital Asset Management LP Acquires New Holdings in Roku, Inc. $ROKU

Capelight Capital Asset Management LP acquired a new stake in Roku, Inc. (NASDAQ:ROKU) in the 4th quarter, Holdings Channel.com reports. The fund acquired 40,000 shares of the company’s stock, valued at approximately $4,340,000. Roku accounts for 3.5% of Capelight Capital Asset Management LP’s holdings, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC grew its position in shares of Roku by 79.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,586 shares of the company’s stock valued at $389,000 after purchasing an additional 1,586 shares during the period. Transcend Capital Advisors LLC grew its position in shares of Roku by 7.5% in the 4th quarter. Transcend Capital Advisors LLC now owns 2,581 shares of the company’s stock valued at $280,000 after purchasing an additional 180 shares during the period. ABLE Financial Group LLC grew its position in shares of Roku by 2.9% in the 4th quarter. ABLE Financial Group LLC now owns 24,575 shares of the company’s stock valued at $2,666,000 after purchasing an additional 688 shares during the period. Burney Co. acquired a new position in shares of Roku in the 4th quarter valued at approximately $2,657,000. Finally, Choreo LLC grew its position in shares of Roku by 7.3% in the 4th quarter. Choreo LLC now owns 4,969 shares of the company’s stock valued at $551,000 after purchasing an additional 338 shares during the period. 86.30% of the stock is currently owned by institutional investors and hedge funds.

More Roku News

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Jefferies raised its price target to $140 and kept a Buy rating, citing improving ad trends and a stronger revenue mix — a clear analyst endorsement that supports upside expectations. Jefferies raise
• Positive Sentiment: New content and product moves (exclusive sports streaming rights like the Banana Ball Championship League, a Laguna Beach reunion special, and Roku City screensaver upgrades) bolster engagement and ad inventory prospects, reinforcing the narrative of accelerating platform monetization. Valuation & content article
• Positive Sentiment: Analyst pieces comparing Roku favorably to Alphabet on CTV ad growth and valuation have circulated, positioning ROKU as the more attractive pure-play CTV ad exposure for some investors. Roku vs Alphabet article
• Positive Sentiment: Unusual options activity: about 22,993 call contracts were bought (roughly +69% vs. normal daily volume), suggesting short-term bullish positioning from traders/speculators ahead of catalysts. No link
• Neutral Sentiment: Roku scheduled Q1 2026 earnings release and call for April 30 — a key near-term catalyst that could validate the bullish thesis or rein in expectations depending on ad revenue and margin details. Earnings date
• Negative Sentiment: CEO Anthony Wood sold 50,000 shares under a pre-arranged Rule 10b5-1 plan at an average $100.88 (≈$5.04M) — insider selling can be viewed negatively by some investors despite the trade being pre-arranged. SEC Form 4
• Negative Sentiment: Additional insider dispositions totaling roughly $21.6M were reported this week, which may raise concern about insider liquidity/timing even if not tied to company fundamentals. Insider sales article

Insider Buying and Selling

In other Roku news, CFO Dan Jedda sold 15,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $94.23, for a total transaction of $1,413,450.00. Following the completion of the sale, the chief financial officer owned 85,115 shares of the company’s stock, valued at $8,020,386.45. This trade represents a 14.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Charles Collier sold 205,821 shares of the firm’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $105.00, for a total value of $21,611,205.00. Following the sale, the insider directly owned 11,131 shares of the company’s stock, valued at $1,168,755. This represents a 94.87% decrease in their position. 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 a total of 393,944 shares of company stock worth $39,831,865 in the last quarter. 13.98% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ROKU. Robert W. Baird lifted their price objective on shares of Roku from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Arete Research set a $132.00 target price on shares of Roku and gave the stock a “buy” rating in a report on Monday, January 5th. Bank of America increased their target price on shares of Roku from $115.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Benchmark restated a “buy” rating on shares of Roku in a report on Wednesday, February 4th. Finally, Morgan Stanley set a $135.00 target price on shares of Roku and gave the stock an “overweight” rating in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.79.

Roku Trading Up 3.1%

NASDAQ ROKU opened at $106.54 on Wednesday. The company has a market cap of $15.71 billion, a PE ratio of 186.92 and a beta of 2.00. Roku, Inc. has a 12 month low of $57.01 and a 12 month high of $116.66. The stock has a 50 day moving average of $94.17 and a 200-day moving average of $99.62.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.28 by $0.25. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.35 billion. Roku had a return on equity of 3.40% and a net margin of 1.87%.The firm’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.24) EPS. As a group, sell-side analysts predict that Roku, Inc. will post -0.3 EPS for the current fiscal year.

Roku 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.