Campbell & CO Investment Adviser LLC Acquires New Position in Roku, Inc. $ROKU

Campbell & CO Investment Adviser LLC purchased a new position in shares of Roku, Inc. (NASDAQ:ROKU) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,909 shares of the company’s stock, valued at approximately $256,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ROKU. Banque Transatlantique SA bought a new position in Roku during the 1st quarter worth $28,000. Beaird Harris Wealth Management LLC bought a new position in shares of Roku during the first quarter worth about $30,000. JFS Wealth Advisors LLC increased its holdings in shares of Roku by 327.1% in the 2nd quarter. JFS Wealth Advisors LLC now owns 457 shares of the company’s stock worth $40,000 after acquiring an additional 350 shares during the period. Bogart Wealth LLC lifted its position in Roku by 234.1% in the 2nd quarter. Bogart Wealth LLC now owns 461 shares of the company’s stock valued at $41,000 after purchasing an additional 323 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in Roku in the 1st quarter valued at about $44,000. Institutional investors and hedge funds own 86.30% of the company’s stock.

Insider Buying and Selling at Roku

In other news, CEO Anthony J. Wood sold 50,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $103.86, for a total transaction of $5,193,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Neil D. Hunt sold 2,000 shares of Roku stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $106.61, for a total transaction of $213,220.00. Following the completion of the transaction, the director directly owned 7,782 shares in the company, valued at $829,639.02. This represents a 20.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 507,463 shares of company stock valued at $53,126,637 over the last 90 days. Insiders own 13.98% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Roku in a research report on Wednesday, October 8th. Guggenheim increased their price objective on Roku from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Zacks Research upgraded Roku from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Pivotal Research boosted their price target on Roku from $120.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, Citigroup increased their price target on Roku from $85.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, September 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.14.

Roku Stock Performance

Shares of NASDAQ ROKU opened at $96.89 on Tuesday. Roku, Inc. has a 1 year low of $52.43 and a 1 year high of $116.66. The firm has a market cap of $14.32 billion, a P/E ratio of -484.43 and a beta of 2.18. The stock has a fifty day moving average price of $99.61 and a two-hundred day moving average price of $88.78.

Roku (NASDAQ:ROKU) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.09. Roku had a negative return on equity of 1.08% and a negative net margin of 0.61%.The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. The company’s revenue was up 14.0% on a year-over-year basis. Roku has set its Q4 2025 guidance at EPS. On average, research analysts predict that Roku, Inc. will post -0.3 earnings per share for the current fiscal year.

About Roku

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.