Toronto Dominion Bank Has $11.69 Million Stock Holdings in Roku, Inc. (NASDAQ:ROKU)

Toronto Dominion Bank lessened its stake in shares of Roku, Inc. (NASDAQ:ROKUGet Rating) by 69.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,246 shares of the company’s stock after selling 115,489 shares during the period. Toronto Dominion Bank’s holdings in Roku were worth $11,694,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ROKU. Maverick Capital Ltd. boosted its position in shares of Roku by 147.1% in the third quarter. Maverick Capital Ltd. now owns 126 shares of the company’s stock valued at $39,000 after acquiring an additional 75 shares during the period. JFS Wealth Advisors LLC boosted its position in shares of Roku by 1,180.0% in the third quarter. JFS Wealth Advisors LLC now owns 128 shares of the company’s stock valued at $40,000 after acquiring an additional 118 shares during the period. Bellwether Advisors LLC boosted its position in shares of Roku by 576.2% in the fourth quarter. Bellwether Advisors LLC now owns 142 shares of the company’s stock valued at $32,000 after acquiring an additional 121 shares during the period. Pinnacle Bancorp Inc. bought a new stake in shares of Roku in the fourth quarter valued at approximately $39,000. Finally, Paragon Capital Management Ltd bought a new stake in shares of Roku in the fourth quarter valued at approximately $40,000. 63.83% of the stock is owned by institutional investors.

Shares of NASDAQ:ROKU opened at $107.91 on Tuesday. Roku, Inc. has a twelve month low of $97.91 and a twelve month high of $490.76. The firm has a market cap of $14.60 billion, a PE ratio of 63.11 and a beta of 1.85. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.12 and a current ratio of 4.19. The business has a fifty day moving average of $126.59 and a 200-day moving average of $199.52.

Roku (NASDAQ:ROKUGet Rating) last announced its earnings results on Thursday, February 17th. The company reported $0.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.11. Roku had a return on equity of 9.28% and a net margin of 8.77%. The company had revenue of $865.33 million during the quarter, compared to analyst estimates of $893.67 million. During the same period last year, the company posted $0.49 earnings per share. On average, analysts anticipate that Roku, Inc. will post -1.21 EPS for the current fiscal year.

Several research analysts recently commented on the company. KeyCorp reduced their target price on Roku from $165.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, April 11th. UBS Group cut Roku from a “buy” rating to a “sell” rating in a research report on Wednesday, January 5th. Truist Financial reduced their target price on Roku from $165.00 to $150.00 in a research report on Wednesday, April 13th. Oppenheimer reduced their target price on Roku from $400.00 to $185.00 in a research report on Friday, February 18th. Finally, Guggenheim raised their target price on Roku from $135.00 to $145.00 in a research report on Thursday, March 31st. Five investment analysts have rated the stock with a sell rating, one has issued a hold rating and twenty-one have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $265.88.

In related news, SVP Mustafa Ozgen sold 4,077 shares of Roku stock in a transaction dated Wednesday, March 2nd. The stock was sold at an average price of $129.30, for a total value of $527,156.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Anthony J. Wood sold 80,000 shares of Roku stock in a transaction dated Tuesday, February 1st. The stock was sold at an average price of $165.21, for a total value of $13,216,800.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 245,946 shares of company stock valued at $38,185,674. 15.32% of the stock is currently owned by corporate insiders.

Roku Company Profile (Get Rating)

Roku, Inc, together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts.

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Institutional Ownership by Quarter for Roku (NASDAQ:ROKU)

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