Finance

What do Insider Trends Have to Say About Roku, Inc. (ROKU)?

Recent insider trends for Roku, Inc. (NASDAQ:ROKU) have caught the attention of investors. Analysts monitor insider data to understand the sentiment of a company’s largest and most important shareholders. ROKU’s insider trading patterns have some implications for where the stock might be headed.

Institutions own 00.80% of Roku, Inc. (ROKU)’s shares. The total value of these holdings, in millions, is $3. Among active positions in the latest quarter, 2 holders increased their positions by a total of 125875 shares, 0 holders decreased the positions by a total of 0 shares, and 0 holders held their positions. This works out to a net increase in ownership of 125875 shares, and suggests that institutions are feeling bullish about the stock.

Among new and sold out positions, 2 holders initiated new positions by a total of 125875 shares and 0 holders exited their positions by a total of 0 shares. This nets out to an increase of 125875 shares and is a bullish sign for ROKU.

In the last three months, insiders executed a total of 4 trades. 2 of these were buys and 2 were sells. Insider ownership increased by a total of 0 shares, which suggests that ROKU’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 2 buys and 2 sells, and ownership increased by a net of 0 shares.



Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Roku, Inc. (NASDAQ:ROKU)’s short interest is 0 shares, or % of the float. This represents an increase of % in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.

Insider data can help an investor form an outlook on a stock, but it’s important to supplement this data with other information such as technical indicators to form a more complete view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that ROKU is a Roku, Inc. is involved in creating streaming platform for delivering entertainment to the television. The Company’s products primarily includes Roku 4, Roku 3, Roku 2, Roku 1, Roku Streaming Stick and accessories such as cables, remote controls, power adapters and headphones. It operates primarily in…, which implies that ROKU is expected to the market based on prior trading patterns.

Conclusion




Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that Roku, Inc. (NASDAQ:ROKU) is .

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