Roku, Inc. $ROKU Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its position in Roku, Inc. (NASDAQ:ROKU) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,633 shares of the company’s stock after selling 26,277 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.09% of Roku worth $13,659,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. CWM LLC increased its position in Roku by 345.4% in the 3rd quarter. CWM LLC now owns 84,010 shares of the company’s stock valued at $8,412,000 after acquiring an additional 65,150 shares during the period. Accurate Wealth Management LLC acquired a new position in shares of Roku in the third quarter valued at approximately $1,115,000. AGF Management Ltd. acquired a new position in shares of Roku in the third quarter valued at approximately $15,023,000. Convergence Investment Partners LLC purchased a new stake in shares of Roku during the third quarter worth approximately $2,492,000. Finally, Holocene Advisors LP raised its stake in shares of Roku by 352.3% during the third quarter. Holocene Advisors LP now owns 1,650,448 shares of the company’s stock worth $165,259,000 after purchasing an additional 1,285,585 shares during the last quarter. 86.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Dan Jedda sold 15,000 shares of Roku stock in a transaction on Monday, March 16th. The stock was sold at an average price of $94.23, for a total transaction of $1,413,450.00. Following the completion of the transaction, the chief financial officer directly owned 85,115 shares of the company’s stock, valued at approximately $8,020,386.45. The trade was a 14.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Anthony J. Wood sold 75,000 shares of the business’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $109.61, for a total value of $8,220,750.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 213,123 shares of company stock valued at $21,397,410 in the last 90 days. 13.98% of the stock is owned by corporate insiders.

Roku Stock Performance

Shares of NASDAQ ROKU opened at $97.66 on Friday. The firm has a market capitalization of $14.40 billion, a P/E ratio of 171.34 and a beta of 2.00. Roku, Inc. has a one year low of $52.43 and a one year high of $116.66. The company’s fifty day moving average is $93.93 and its two-hundred day moving average is $99.50.

Roku (NASDAQ:ROKU) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.25. The business 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 business’s revenue was up 16.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.24) EPS. On average, sell-side analysts forecast that Roku, Inc. will post -0.3 earnings per share for the current fiscal year.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku won a courtroom skirmish with the Michigan Attorney General over video‑privacy claims — removes a potential regulatory/legal overhang and lowers litigation risk for investors. Roku Defeats Michigan AG’s Video Privacy Claims
• Positive Sentiment: Roku’s Streaming Stick HD remains heavily discounted (40% off) while a key competitor (Amazon Fire TV Stick) has returned to full price — a temporary pricing advantage that could boost unit sales and channel share during the promotion window. Roku Streaming Stick HD stays 40% off
• Positive Sentiment: Analyst commentary highlights Roku’s attractive long‑term setup — Zacks argues the stock looks like a buy given platform growth, >90M users and global expansion despite YTD weakness, supporting investor optimism. ROKU Slumps 12% YTD: Here’s Why It Is Time to Buy the Stock
• Neutral Sentiment: Market reports and recap pieces note Roku shares rose ~2.9% in the recent session — reflects immediate reaction to the mix of legal, retail and analyst news rather than new company fundamentals. Roku (ROKU) Rises Higher Than Market: Key Facts
• Negative Sentiment: Two insiders executed planned Rule 10b5‑1 sales (CAO Matthew Banks sold 728 shares; Director Neil Hunt sold 2,000 shares). While pre‑arranged plans reduce signal of opportunistic selling, headline insider sales can still create short‑term selling pressure. CAO Form 4 (Banks) Director Form 4 (Hunt)
• Negative Sentiment: Reports that a recent Roku TV change may block some local channels have generated consumer concern and negative headlines — potential reputational or carriage‑related risk if it impacts user experience or prompts disputes with content providers. New Roku TV change may block your favorite local channels

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Citigroup reiterated a “market outperform” rating on shares of Roku in a research report on Monday, March 2nd. KeyCorp lifted their target price on shares of Roku from $128.00 to $130.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Wall Street Zen upgraded shares of Roku from a “hold” rating to a “buy” rating in a research note on Sunday, December 7th. Evercore reissued an “outperform” rating and set a $150.00 price target on shares of Roku in a report on Friday, February 13th. Finally, Moffett Nathanson restated a “neutral” rating and issued a $100.00 price objective on shares of Roku in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $126.75.

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.