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Roku, Inc. (NASDAQ: ROKU) Sees Varied Institutional Interest Amidst Positive Price Target from Wells Fargo
RokuRoku(US:ROKU) Financial Modeling Prepยท2025-10-31 16:09

Core Insights - Roku, Inc. is a significant player in the streaming industry with a positive price target set by Wells Fargo at $116, indicating a potential increase of 15.97% from its current price of $100.03 [1][6] Institutional Investor Activity - Ethic Inc. has reduced its holdings in Roku by 32.8%, now owning 2,852 shares valued at $248,000 after selling 1,392 shares, reflecting a cautious approach [2][6] - Banque Transatlantique SA and Beaird Harris Wealth Management LLC have acquired new stakes in Roku, valued at approximately $28,000 and $30,000 respectively, indicating growing interest among smaller investors [3] - Golden State Wealth Management LLC has significantly increased its stake in Roku by 125.4%, now holding 444 shares valued at $31,000, demonstrating strong confidence in the company's future performance [4][6] Stock Performance - Roku's stock has seen a 1.44% increase, trading between $96.91 and $103 during the day, with a market capitalization of $14.7 billion and a trading volume of 6,570,697 shares [5]