Seaport Research Partners Reiterates “Neutral” Rating for Roku (NASDAQ:ROKU)

Roku (NASDAQ:ROKU)‘s stock had its “neutral” rating reaffirmed by stock analysts at Seaport Research Partners in a report issued on Friday, Marketbeat reports.

ROKU has been the subject of a number of other reports. Jefferies Financial Group lowered shares of Roku from a “buy” rating to a “hold” rating and set a $160.00 price objective for the company. in a report on Monday, June 15th. Pivotal Research reiterated a “buy” rating and issued a $160.00 target price (up from $140.00) on shares of Roku in a research report on Friday, May 1st. Oppenheimer downgraded shares of Roku from an “outperform” rating to a “market perform” rating in a research note on Monday, June 15th. KeyCorp lowered shares of Roku from an “overweight” rating to a “sector weight” rating in a research report on Monday, June 15th. Finally, Wells Fargo & Company raised their price objective on Roku from $137.00 to $167.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Nine research analysts have rated the stock with a Buy rating and eighteen have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $155.75.

Roku Price Performance

NASDAQ:ROKU opened at $150.07 on Friday. The business has a 50 day moving average of $137.93 and a 200 day moving average of $116.04. The company has a market capitalization of $22.12 billion, a price-to-earnings ratio of 112.84 and a beta of 2.01. Roku has a 1-year low of $78.53 and a 1-year high of $150.61.

Insider Buying and Selling at Roku

In other Roku news, CFO Dan Jedda sold 7,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $143.87, for a total value of $1,007,090.00. Following the sale, the chief financial officer owned 79,963 shares of the company’s stock, valued at $11,504,276.81. This trade represents a 8.05% decrease in their position. The sale 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. Also, CAO Matthew C. Banks sold 552 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $146.25, for a total transaction of $80,730.00. Following the completion of the transaction, the chief accounting officer owned 6,619 shares in the company, valued at $968,028.75. The trade was a 7.70% 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 226,733 shares of company stock worth $29,862,532 over the last ninety days. 13.45% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ROKU. Blue Trust Inc. grew its position in shares of Roku by 680.0% in the 4th quarter. Blue Trust Inc. now owns 234 shares of the company’s stock worth $25,000 after buying an additional 204 shares during the last quarter. Bayban lifted its stake in Roku by 1,300.0% in the first quarter. Bayban now owns 280 shares of the company’s stock worth $26,000 after acquiring an additional 260 shares during the period. WPG Advisers LLC purchased a new stake in Roku in the fourth quarter worth $31,000. Safe Harbor Fiduciary LLC bought a new stake in Roku in the fourth quarter valued at $31,000. Finally, Rakuten Securities Inc. boosted its holdings in Roku by 55.6% in the second quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock valued at $39,000 after acquiring an additional 158 shares in the last quarter. Institutional investors own 86.30% of the company’s stock.

Trending Headlines about Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku reported second-quarter revenue of approximately $1.35 billion, up 21.9% year over year and above the roughly $1.30 billion analyst estimate. Earnings were about $1.08 per diluted share—compared with $0.07 a year earlier—and substantially exceeded consensus expectations. Reuters Roku earnings report
• Positive Sentiment: The company’s platform performance was a key catalyst: advertising revenue reportedly increased 25%, while subscriptions rose 26%. Stronger monetization and user engagement support Roku’s higher-margin advertising business and helped drive the quarterly revenue beat. MediaPost Roku advertising and subscriptions report
• Positive Sentiment: The results exceeded expectations on both earnings and revenue, with reported surprises of approximately 93% and 4%, respectively. That performance reinforces the investment case for Roku’s advertising-led growth as consumers continue shifting from traditional television to streaming. Yahoo Finance Roku earnings estimates report
• Neutral Sentiment: Roku will not provide financial guidance or hold an earnings call because Fox has agreed to acquire the company for approximately $22 billion. The transaction provides a valuation reference and strategic support, but leaves investors with less visibility into Roku’s standalone outlook. Roku second-quarter financial results
• Negative Sentiment: Several executives and directors sold shares under pre-arranged Rule 10b5-1 plans, including President Charles Collier’s sale of roughly $3 million. The planned nature of the trades limits their significance, but insider selling may weigh modestly on sentiment after the stock approached its 52-week high. Motley Fool insider sale report
• Negative Sentiment: At a market capitalization above $22 billion and a triple-digit price-to-earnings ratio, Roku remains valued for substantial future growth. The lack of guidance and execution risks surrounding the Fox deal could therefore produce volatility if growth slows or the acquisition timeline changes.

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.