Roku Inc (NASDAQ: ROKU) is -18.54% lower on its value in year-to-date trading and has touched a low of $48.33 and a high of $108.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ROKU stock was last observed hovering at around $74.37 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $74.67, the stock is 11.09% and 20.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.77 million and changing 0.40% at the moment leaves the stock 6.99% off its SMA200. ROKU registered -2.08% loss for a year compared to 6-month loss of 17.83%.
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The stock witnessed a 27.47% gain in the last 1 month and extending the period to 3 months gives it a 38.35%, and is 13.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.37% over the week and 4.21% over the month.
Roku Inc (ROKU) has around 3150 employees, a market worth around $10.80B and $3.75B in sales. Profit margin for the company is -13.16%. Distance from 52-week low is 54.50% and -31.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.75%).
The EPS is expected to grow by 72.76% this year.
Roku Inc (ROKU) Top Institutional Holders
736.0 institutions hold shares in Roku Inc (ROKU), with institutional investors hold 81.08% of the company’s shares. The shares outstanding are 144.69M, and float is at 126.48M with Short Float at 7.94%. Institutions hold 80.60% of the Float.
The top institutional shareholder in the company is FMR LLC with over 14.33 million shares valued at $858.53 million. The investor’s holdings represent 9.9656% of the ROKU Shares outstanding. As of 2024-06-30, the second largest holder is ARK INVESTMENT MANAGEMENT LLC with 12.72 million shares valued at $762.1 million to account for 8.8462 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.02 million shares representing 8.3604% and valued at over $720.25 million, while BLACKROCK INC. holds 5.489 of the shares totaling 7.89 million with a market value of $472.88 million.
Roku Inc (ROKU) Insider Activity
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Roku Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Collier Charles (President, Roku Media) sold a total of 15,454 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $75.00 per share for $1.16 million. Following the transaction, the insider now directly holds 200.0 shares of the ROKU stock.
Still, SEC filings show that on Sep 12 ’24, Wood Anthony J. (CEO and Chairman BOD) disposed off 25,000 shares at an average price of $75.00 for $1.88 million. The insider now directly holds 0 shares of Roku Inc (ROKU).
