Roku Inc (NASDAQ: ROKU) is -13.89% 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 $76.36 in the last trading session, with the day’s gains setting it 2.57%.
Currently trading at $78.93, the stock is 3.79% and 14.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 3.37% at the moment leaves the stock 17.14% off its SMA200. ROKU registered 19.46% gain for a year compared to 6-month gain of 36.51%. The firm has a 50-day simple moving average (SMA 50) of $68.8131 and a 200-day simple moving average (SMA200) of $67.37985.
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The stock witnessed a 6.13% loss in the last 1 month and extending the period to 3 months gives it a 21.86%, and is 0.46% 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 2.92% over the week and 3.20% over the month.
Roku Inc (ROKU) has around 3150 employees, a market worth around $11.42B and $3.75B in sales. Profit margin for the company is -13.16%. Distance from 52-week low is 63.31% and -27.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.75%).
with sales reaching $1.02B over the same period.The EPS is expected to grow by 73.56% this year, but quarterly earnings will post 13.40% year-over-year.
Roku Inc (ROKU) Top Institutional Holders
734.0 institutions hold shares in Roku Inc (ROKU), with institutional investors hold 80.96% of the company’s shares. The shares outstanding are 144.69M, and float is at 126.50M with Short Float at 8.19%. Institutions hold 80.48% 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 Oct 10 ’24 that Wood Anthony J. (CEO and Chairman BOD) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Oct 10 ’24 and was made at $77.20 per share for $1.93 million. Following the transaction, the insider now directly holds 0.0 shares of the ROKU stock.
Still, SEC filings show that on Oct 10 ’24, THE WOOD REVOCABLE TRUST U/A D (Director) Proposed Sale 25,000 shares at an average price of $77.40 for $1.94 million. The insider now directly holds shares of Roku Inc (ROKU).
