<div id="readability-page-1"><p>Roku, Inc. (NASDAQ:ROKU - Get Free Report) traded up 2.1% during trading on Wednesday . The stock traded as high as $88.03 and last traded at $88.03. 633,349 shares were traded  during mid-day trading, a decline of 84% from the average session volume of 3,839,930 shares. The stock had previously closed at $86.20.</p><h2>Analyst Ratings Changes</h2><ul><li>3 Tech Stocks You Can't Miss in This Market Cycle</li></ul><p>Several equities research analysts have weighed in on ROKU shares. Redburn Atlantic raised shares of Roku from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $100.00 price target for the company in a research report on Monday, April 7th. JMP Securities  reaffirmed a &#34;market outperform&#34; rating and set a $95.00 price objective on shares of Roku in a research note on Tuesday, June 17th. Wells Fargo &amp; Company dropped their target price on shares of Roku from $129.00 to $93.00 and set an &#34;overweight&#34; rating for the company in a report on Monday, April 28th. Moffett Nathanson upgraded Roku from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and set a $70.00 price target on the stock in a report on Tuesday, March 4th. Finally, Compass Point began coverage on Roku in a research report on Sunday, March 23rd. They set a &#34;buy&#34; rating for the company. One analyst  has rated the stock with a sell rating, seven have issued  a hold rating, sixteen have given a buy rating and two have issued  a strong buy rating to the stock. According to data from MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and an average price target of $89.93.</p><p><b>Read Our Latest Stock Report on Roku</b></p><h2>Roku Stock Performance</h2><ul><li>Here's The Bull Case For Roku Stock With Double-Digit Upside</li></ul><p>The company has a market capitalization of $12.61 billion, a PE ratio of -118.55 and a beta of 2.12. The company's 50-day moving average is $73.20 and its 200 day moving average is $75.18. </p><p>Roku (NASDAQ:ROKU - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.08. The firm had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $1.01 billion. Roku had a negative return on equity of 4.29% and a negative net margin of 2.49%. The company's revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.35) earnings per share.  On average, analysts forecast that  Roku, Inc. will post -0.3 EPS for the current fiscal year. </p><h2>Insider Activity</h2><ul><li>Could Roku and The Trade Desk Create the Ultimate Adtech Giant?</li></ul><p>In related news, Director Mai Fyfield sold 914 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $78.50, for a total transaction of $71,749.00. Following the completion of the sale, the director owned 4,374 shares in the company, valued at approximately $343,359. This represents a 17.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CFO Dan Jedda sold 1,500 shares of the stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $81.32, for a total value of $121,980.00. Following the completion of the transaction, the chief financial officer directly owned 80,632 shares in the company, valued at approximately $6,556,994.24. This represents a 1.83% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 64,020 shares of company stock worth $4,979,594. Insiders own  13.98% of the company's stock. </p><h2>Institutional Trading of Roku</h2><p>Large investors have recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. boosted its stake in shares of  Roku by 505.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 1,296,774 shares of the company's stock worth $96,402,000 after acquiring an additional 1,082,548 shares during the last quarter.  Geode Capital Management LLC raised its holdings in  Roku by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 2,147,259 shares of the company's stock worth $159,353,000 after purchasing an additional 56,820 shares during the period.  Lecap Asset Management Ltd. purchased a new position in  Roku during the first quarter valued at $511,000.  Charles Schwab Investment Management Inc. grew its holdings in  Roku by 3.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 990,867 shares of the company's stock valued at $73,661,000 after purchasing an additional 34,898 shares during the period.  Finally, Achmea Investment Management B.V. increased its position in  Roku by 146.4% in the fourth quarter. Achmea Investment Management B.V. now owns 10,168 shares of the company's stock worth $756,000 after buying an additional 6,042 shares in the last quarter. 86.30% of the stock is currently owned by institutional investors. </p><h2>About Roku</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Roku</li><li>Uptrend Stocks Explained: Learn How to Trade Using Uptrends</li><li>Insider Selling at NVIDIA Could Turn Into an Opportunity </li><li>Trading Halts Explained</li><li>3 Utility Stocks That Combine Income and Stability</li><li>How to Short Nasdaq: An Easy-to-Follow Guide</li><li>Aeva &amp; Mobileye: LiDAR Stocks Powering the Autonomous Revolution</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Roku Right Now?</h2><p>Before you consider Roku, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Roku wasn't on the list.</p><p>While Roku currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ROKU

<p>Roku's stock (NASDAQ: ROKU) rose 2.1% to $88.03, with trading volume down 84% from average levels. Analysts have mixed ratings, with Redburn Atlantic upgrading to "buy" and a $100 target, while Wells Fargo lowered its target to $93. The company reported a quarterly EPS of ($0.19), beating estimates, and a revenue increase of 15.8% year-over-year. Insider selling was noted, with significant shares sold by the CFO and a director. Roku has a market cap of $12.61 billion and an average price target of $89.93 from analysts.</p>

Roku (NASDAQ:ROKU) Stock Price Up 2.1% - Here's What Happened