Cibc World Market Inc. Makes New $662,000 Investment in Roku, Inc. $ROKU

Cibc World Market Inc. acquired a new stake in Roku, Inc. (NASDAQ:ROKU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,616 shares of the company’s stock, valued at approximately $662,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ROKU. GAMMA Investing LLC lifted its holdings in Roku by 9.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,114 shares of the company’s stock valued at $112,000 after purchasing an additional 97 shares during the last quarter. Cornerstone Wealth Management LLC lifted its stake in shares of Roku by 3.8% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 2,728 shares of the company’s stock worth $273,000 after buying an additional 100 shares during the last quarter. Aviance Capital Partners LLC boosted its holdings in shares of Roku by 2.6% during the 3rd quarter. Aviance Capital Partners LLC now owns 4,172 shares of the company’s stock worth $418,000 after buying an additional 106 shares during the period. O Keefe Stevens Advisory Inc. grew its stake in Roku by 1.8% in the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 6,233 shares of the company’s stock valued at $624,000 after buying an additional 113 shares during the last quarter. Finally, Lecap Asset Management Ltd. grew its stake in Roku by 2.6% in the 3rd quarter. Lecap Asset Management Ltd. now owns 4,905 shares of the company’s stock valued at $491,000 after buying an additional 124 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Pivotal Research boosted their price objective on Roku from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Monday. Citizens Jmp restated a “market outperform” rating and issued a $145.00 price target on shares of Roku in a research note on Tuesday, December 2nd. Needham & Company LLC reiterated a “buy” rating and set a $110.00 price objective on shares of Roku in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their target price on Roku from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Finally, Raymond James Financial restated a “market perform” rating on shares of Roku in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Roku has a consensus rating of “Moderate Buy” and an average target price of $123.96.

Roku Stock Up 1.8%

Shares of Roku stock opened at $90.21 on Thursday. Roku, Inc. has a 12-month low of $52.43 and a 12-month high of $116.66. The company has a market capitalization of $13.33 billion, a price-to-earnings ratio of 158.27 and a beta of 1.99. The firm’s 50-day moving average price is $103.07 and its two-hundred day moving average price is $98.94.

Roku (NASDAQ:ROKU) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.25. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.35 billion. Roku had a net margin of 1.87% and a return on equity of 3.40%. The firm’s quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.24) EPS. On average, sell-side analysts expect that Roku, Inc. will post -0.3 earnings per share for the current year.

Trending Headlines about Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Pivotal Research raised its price target on Roku to $140 and kept a Buy rating, citing a stronger‑than‑expected Q4 and continued upside in the ad/OS business; this lift in sell‑side sentiment can support the stock. Pivotal Research Raises its Price Target on Roku
• Positive Sentiment: Zacks highlights Roku alongside Netflix as a “buy‑the‑dip” candidate, arguing international expansion and ad revenue growth make Roku a compelling recovery play — a narrative that attracts dip buyers. Netflix vs. Roku: Which Streaming Stock is the Better Buy-the-Dip Target?
• Positive Sentiment: Zacks and other analyst blogs include ROKU in lists of consumer discretionary names with double‑digit upside potential, reinforcing institutional interest and flow into the stock. The Zacks Analyst Blog Ralph Lauren, Roku, Airbnb, FOX and Carnival
• Positive Sentiment: Roku hired Patrick Harris as SVP of Global Media Revenue — a senior sales/revenue hire that signals focus on scaling ad monetization and could help accelerate ARPU gains. Roku Hires Patrick Harris as Global Media Revenue Executive
• Neutral Sentiment: A Zacks piece on brokerage ratings discusses the impact of analyst recommendations on investor behavior — useful context but not a direct company development. Brokers Suggest Investing in Roku (ROKU): Read This Before Placing a Bet
• Negative Sentiment: Walmart is clearing out a Roku smart‑home camera at steep, refurbished‑level pricing — a possible sign of weak hardware demand or inventory pressure that could weigh on device margins. Walmart Clears Out Roku Smart Home Security Camera
• Negative Sentiment: Early reports and user reaction to a tested new Roku home screen are negative — potential UX/backlash risks that could temporarily reduce engagement and ad monetization if broadly rolled out. Roku is testing a new home screen for you (and it’s not great)

Insider Transactions at Roku

In related news, CEO Anthony J. Wood sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $90.79, for a total value of $4,539,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Dan Jedda sold 3,000 shares of Roku stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $107.56, for a total value of $322,680.00. Following the completion of the transaction, the chief financial officer owned 87,267 shares in the company, valued at approximately $9,386,438.52. This represents a 3.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 216,710 shares of company stock worth $22,494,968. 13.98% of the stock is owned by insiders.

Roku 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.