Roku Inc (NASDAQ:ROKU) Director Sells $570,363.20 in Stock

Roku Inc (NASDAQ:ROKU) Director Mai Fyfield sold 3,680 shares of Roku stock in a transaction on Monday, July 27th. The stock was sold at an average price of $154.99, for a total transaction of $570,363.20. Following the sale, the director now owns 1,049 shares of the company’s stock, valued at $162,584.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Mai Fyfield also recently made the following trade(s):

  • On Friday, July 24th, Mai Fyfield sold 306 shares of Roku stock. The stock was sold at an average price of $147.66, for a total transaction of $45,183.96.
  • On Wednesday, June 24th, Mai Fyfield sold 306 shares of Roku stock. The stock was sold at an average price of $127.13, for a total transaction of $38,901.78.
  • On Thursday, May 28th, Mai Fyfield sold 1,035 shares of Roku stock. The stock was sold at an average price of $105.63, for a total transaction of $109,327.05.
  • On Tuesday, May 26th, Mai Fyfield sold 629 shares of Roku stock. The shares were sold at an average price of $110.00, for a total transaction of $69,190.00.

NASDAQ:ROKU opened at $154.89 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.60 and a quick ratio of 2.49. The firm has a market capitalization of $18.58 billion, a price-to-earnings ratio of -176.01 and a beta of 1.83. The company’s 50-day moving average is $134.90 and its two-hundred day moving average is $118.00. Roku Inc has a 1-year low of $58.22 and a 1-year high of $176.55.

Roku (NASDAQ:ROKU) last posted its earnings results on Thursday, May 7th. The company reported ($0.45) earnings per share for the quarter, beating the consensus estimate of ($0.46) by $0.01. The company had revenue of $320.77 million for the quarter, compared to analyst estimates of $309.23 million. Roku had a negative net margin of 8.43% and a negative return on equity of 18.24%. Roku’s revenue was up 55.2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS. As a group, equities analysts anticipate that Roku Inc will post -1.77 earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of ROKU. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Roku by 117.1% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,904,787 shares of the company’s stock worth $166,631,000 after acquiring an additional 1,027,532 shares during the last quarter. Norges Bank acquired a new position in shares of Roku in the 4th quarter worth approximately $110,963,000. Nikko Asset Management Americas Inc. lifted its holdings in shares of Roku by 138.6% in the 1st quarter. Nikko Asset Management Americas Inc. now owns 1,340,922 shares of the company’s stock worth $117,304,000 after acquiring an additional 778,830 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Roku by 16.5% in the 1st quarter. Morgan Stanley now owns 5,225,768 shares of the company’s stock worth $457,151,000 after acquiring an additional 741,898 shares during the last quarter. Finally, AGF Investments Inc. lifted its holdings in shares of Roku by 97.3% in the 1st quarter. AGF Investments Inc. now owns 823,871 shares of the company’s stock worth $72,072,000 after acquiring an additional 406,306 shares during the last quarter. Hedge funds and other institutional investors own 59.22% of the company’s stock.

ROKU has been the subject of a number of research reports. Berenberg Bank initiated coverage on shares of Roku in a research report on Thursday, April 16th. They set a “buy” rating and a $137.00 target price for the company. UBS Group decreased their target price on shares of Roku from $170.00 to $145.00 and set a “positive” rating for the company in a research report on Friday, May 8th. Royal Bank of Canada restated a “buy” rating and set a $171.00 target price on shares of Roku in a research report on Monday, July 20th. Morgan Stanley restated a “sell” rating and set a $110.00 target price on shares of Roku in a research report on Tuesday. Finally, Zacks Investment Research downgraded shares of Roku from a “buy” rating to a “hold” rating and set a $137.00 price objective for the company. in a research report on Saturday, April 18th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $136.48.

About Roku

Roku, Inc operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live sports, music, news, and others. As of December 31, 2018, the company had 27.1 million active accounts.

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Insider Buying and Selling by Quarter for Roku (NASDAQ:ROKU)

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