Roku, Inc. (NASDAQ:ROKU) CEO Anthony J. Wood sold 25,000 shares of Roku stock in a transaction dated Thursday, April 15th. The shares were sold at an average price of $385.60, for a total value of $9,640,000.00. Following the completion of the transaction, the chief executive officer now owns 25,000 shares in the company, valued at approximately $9,640,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of ROKU traded down $12.12 during trading hours on Friday, hitting $376.52. 2,670,764 shares of the stock were exchanged, compared to its average volume of 4,442,043. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.16 and a current ratio of 3.29. Roku, Inc. has a 12-month low of $100.19 and a 12-month high of $486.72. The company has a market cap of $48.35 billion, a price-to-earnings ratio of -448.24 and a beta of 1.95. The stock’s 50-day moving average price is $354.77 and its two-hundred day moving average price is $327.64.
Roku (NASDAQ:ROKU) last issued its quarterly earnings results on Thursday, February 18th. The company reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.54. Roku had a negative return on equity of 11.15% and a negative net margin of 6.53%. The firm had revenue of $649.89 million during the quarter, compared to analysts’ expectations of $625.85 million. On average, research analysts expect that Roku, Inc. will post -0.78 earnings per share for the current year.
Institutional investors and hedge funds have recently modified their holdings of the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of Roku during the fourth quarter worth approximately $25,000. Hanseatic Management Services Inc. acquired a new position in Roku during the fourth quarter worth $26,000. Winch Advisory Services LLC boosted its stake in Roku by 35.5% during the fourth quarter. Winch Advisory Services LLC now owns 84 shares of the company’s stock worth $28,000 after buying an additional 22 shares during the last quarter. Evolution Wealth Advisors LLC acquired a new position in Roku during the fourth quarter worth $30,000. Finally, Sonora Investment Management LLC acquired a new position in Roku during the fourth quarter worth $33,000. Hedge funds and other institutional investors own 64.15% of the company’s stock.
Roku, Inc, together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. The company operates in two segment, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live sports, music, news, and others.
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