Roku Inc (NASDAQ:ROKU) Director Ray A. Rothrock sold 15,000 shares of Roku stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $61.79, for a total transaction of $926,850.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of ROKU stock traded up $0.82 on Monday, hitting $63.61. The company’s stock had a trading volume of 10,938,065 shares, compared to its average volume of 14,581,056. Roku Inc has a fifty-two week low of $26.30 and a fifty-two week high of $77.57. The firm has a market cap of $6.91 billion, a PE ratio of -795.13 and a beta of 3.90.
Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, February 21st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. Roku had a negative net margin of 1.19% and a negative return on equity of 4.06%. The business had revenue of $275.74 million during the quarter, compared to analyst estimates of $262.57 million. Sell-side analysts anticipate that Roku Inc will post -0.7 earnings per share for the current fiscal year.
A number of equities research analysts have issued reports on the stock. BidaskClub lowered shares of Roku from a “hold” rating to a “sell” rating in a research note on Friday, November 30th. DA Davidson raised shares of Roku from a “neutral” rating to a “buy” rating and set a $49.00 target price for the company in a research note on Monday, December 3rd. Needham & Company LLC reissued a “buy” rating and set a $45.00 target price (down previously from $85.00) on shares of Roku in a research note on Wednesday, December 12th. SunTrust Banks assumed coverage on shares of Roku in a research note on Monday, December 17th. They set a “hold” rating and a $36.00 target price for the company. Finally, KeyCorp decreased their target price on shares of Roku from $81.00 to $59.00 and set an “overweight” rating for the company in a research note on Wednesday, December 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $65.07.
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Roku Company Profile
Roku, Inc operates a TV streaming platform. The company operates in two segments, Player and Platform. Its platform allows users to search, discover, and access approximately 500,000 movies and TV episodes, as well as live sports, music, news, and others. As of December 31, 2017, the company had 19.3 million active accounts.
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