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Raymond James Monetary Companies Advisors Inc. boosted its stake in shares of Roku, Inc. (NASDAQ:ROKU – Free Report) by 79.8% in the course of the 1st quarter, in response to the corporate in its most up-to-date submitting with the Securities and Alternate Fee (SEC). The agency owned 133,516 shares of the corporate’s inventory after buying a further 59,247 shares in the course of the quarter. Raymond James Monetary Companies Advisors Inc. owned roughly 0.10% of Roku value $8,788,000 as of its most up-to-date SEC submitting.
A number of different giant traders additionally lately purchased and offered shares of ROKU. CoreCap Advisors LLC bought a brand new place in shares of Roku within the 4th quarter valued at about $25,000. ICA Group Wealth Administration LLC bought a brand new place in shares of Roku within the 4th quarter valued at about $25,000. Benjamin Edwards Inc. elevated its holdings in shares of Roku by 33.6% within the 4th quarter. Benjamin Edwards Inc. now owns 759 shares of the corporate’s inventory valued at $31,000 after buying a further 191 shares over the last quarter. Beacon Capital Administration LLC elevated its holdings in shares of Roku by 155.6% within the 4th quarter. Beacon Capital Administration LLC now owns 979 shares of the corporate’s inventory valued at $40,000 after buying a further 596 shares over the last quarter. Lastly, TFC Monetary Administration Inc. bought a brand new place in shares of Roku within the 4th quarter valued at about $41,000. Hedge funds and different institutional traders personal 69.59% of the corporate’s inventory.
Roku Inventory Efficiency
Shares of ROKU inventory opened at $63.96 on Friday. The inventory has a fifty day shifting common worth of $60.28 and a 200 day shifting common worth of $58.09. The inventory has a market cap of $9.00 billion, a PE ratio of -13.38 and a beta of 1.72. Roku, Inc. has a 1 12 months low of $38.26 and a 1 12 months excessive of $97.93.
Roku (NASDAQ:ROKU – Free Report) final issued its quarterly earnings knowledge on Wednesday, April twenty sixth. The corporate reported ($1.38) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.44) by $0.06. The agency had income of $741.00 million in the course of the quarter, in comparison with analysts’ expectations of $707.59 million. Roku had a adverse return on fairness of 24.71% and a adverse web margin of 21.23%. Roku’s income was up 1.0% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the agency posted ($0.19) earnings per share. As a gaggle, equities analysis analysts predict that Roku, Inc. will publish -5.23 earnings per share for the present 12 months.
Wall Avenue Analyst Weigh In
Numerous analysis analysts lately issued experiences on ROKU shares. SpectralCast restated a “maintains” score on shares of Roku in a analysis be aware on Thursday, April twenty seventh. Jefferies Monetary Group raised their worth goal on Roku from $36.00 to $41.00 and gave the inventory an “underperform” score in a analysis be aware on Thursday, April twenty seventh. Susquehanna upgraded Roku from a “impartial” score to a “constructive” score and set a $75.00 worth goal on the inventory in a analysis be aware on Monday, March twenty seventh. Pivotal Analysis dropped their worth goal on Roku from $55.00 to $53.00 and set a “promote” score on the inventory in a analysis be aware on Thursday, April twenty seventh. Lastly, Wells Fargo & Firm dropped their worth goal on Roku from $67.00 to $63.00 and set an “equal weight” score on the inventory in a analysis be aware on Thursday, April twenty seventh. 4 funding analysts have rated the inventory with a promote score, eleven have issued a maintain score and ten have given a purchase score to the corporate. In keeping with MarketBeat, the inventory presently has a median score of “Maintain” and a consensus worth goal of $70.81.
Insider Shopping for and Promoting
In associated information, CAO Matthew C. Banks offered 1,886 shares of Roku inventory in a transaction on Friday, June 2nd. The inventory was offered at a median worth of $60.06, for a complete transaction of $113,273.16. Following the completion of the transaction, the chief accounting officer now immediately owns 6,388 shares of the corporate’s inventory, valued at $383,663.28. The sale was disclosed in a authorized submitting with the SEC, which is accessible by the SEC web site. In different Roku information, insider Gidon Katz offered 3,694 shares of the agency’s inventory in a transaction on Wednesday, Could tenth. The inventory was offered at a median worth of $57.50, for a complete transaction of $212,405.00. Following the completion of the transaction, the insider now owns 15,450 shares of the corporate’s inventory, valued at $888,375. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible by this hyperlink. Additionally, CAO Matthew C. Banks offered 1,886 shares of the agency’s inventory in a transaction on Friday, June 2nd. The inventory was offered at a median worth of $60.06, for a complete worth of $113,273.16. Following the transaction, the chief accounting officer now immediately owns 6,388 shares of the corporate’s inventory, valued at roughly $383,663.28. The disclosure for this sale will be discovered right here. During the last ninety days, insiders offered 16,528 shares of firm inventory valued at $986,830. 13.79% of the inventory is owned by insiders.
Roku Profile
(Free Report)
Roku, Inc, along with its subsidiaries, operates a TV streaming platform. The corporate operates in two segments, Platform and Units. Its streaming platform permits customers to seek out and entry TV exhibits, motion pictures, information, sports activities, and others. The corporate additionally gives digital promoting and associated companies, together with the demand-side advert platform and content material distribution companies, equivalent to subscription and transaction income shares; media and leisure promotional spending companies; premium subscriptions companies; video and show promoting companies; and sells branded channel buttons on distant controls of streaming machine.
Featured Tales
Wish to see what different hedge funds are holding ROKU? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Roku, Inc. (NASDAQ:ROKU – Free Report).
This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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