Lobbying Update: $250,000 of ROKU INC. lobbying was just disclosed

$250,000 of ROKU INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Issues related to privacy legislation. Issues related to antitrust legislation. Issues related to potential copyright legislation. Issues related to telecommunications policy. No specific legislation.
Issues related to privacy legislation. Issues related to antitrust legislation. Issues related to potential copyright legislation. Issues related to video streaming regulation. Issues related to telecommunications policy. No specific legislation.
Issues related to privacy legislation. Issues related to antitrust legislation. Issues related to potential copyright legislation. Issues related to telecommunications policy. Issues related to video streaming regulation. No specific legislation.
Issues related to privacy legislation. Issues related to antitrust legislation. Issues related to potential copyright legislation. Issues related to telecommunications policy. No specific legislation.
Issues related to deductibility in H.R. 7024, the Tax Relief for American Families and Workers Act of 2024 and H.B. 2673, the American Innovation and R&D Competitiveness Act of 2023.
Issues related to privacy legislation. Issues related to antitrust legislation. Issues related to potential copyright legislation. Issues related to video streaming regulation. Issues related to telecommunications policy. No specific legislation.
Issues related to privacy legislation. Issues related to antitrust legislation. Issues related to potential copyright legislation. Issues related to telecommunications policy. No specific legislation."

You can find more data on corporate lobbying on Quiver Quantitative.

ROKU Insider Trading Activity

ROKU insiders have traded $ROKU stock on the open market 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 have been sales.

Here’s a breakdown of recent trading of $ROKU stock by insiders over the last 6 months:

• ANTHONY J. WOOD (CEO and Chairman BOD) has made 0 purchases and 10 sales selling 125,000 shares for an estimated $9,740,112.
• CHARLES COLLIER (President, Roku Media) has made 0 purchases and 6 sales selling 40,586 shares for an estimated $2,892,461.
• MATTHEW C. BANKS (VP, Corp Controller & CAO) has made 0 purchases and 8 sales selling 9,743 shares for an estimated $694,185.
• DAN JEDDA (CFO) has made 0 purchases and 5 sales selling 5,000 shares for an estimated $386,490.
• GILBERT FUCHSBERG (President, Subscriptions) has made 0 purchases and 2 sales selling 3,387 shares for an estimated $229,760.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

ROKU Hedge Fund Activity

We have seen 227 institutional investors add shares of ROKU stock to their portfolio, and 263 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,053,910 shares (+inf%) to their portfolio in Q3 2024, for an estimated $153,344,920
• BALYASNY ASSET MANAGEMENT L.P. added 1,803,570 shares (+307.2%) to their portfolio in Q3 2024, for an estimated $134,654,536
• HOLOCENE ADVISORS, LP added 1,728,028 shares (+inf%) to their portfolio in Q3 2024, for an estimated $129,014,570
• ARK INVESTMENT MANAGEMENT LLC removed 1,494,385 shares (-11.8%) from their portfolio in Q3 2024, for an estimated $111,570,784
• VOYA INVESTMENT MANAGEMENT LLC removed 1,132,458 shares (-56.0%) from their portfolio in Q3 2024, for an estimated $84,549,314
• SQUAREPOINT OPS LLC removed 1,004,090 shares (-75.5%) from their portfolio in Q3 2024, for an estimated $74,965,359
• WESTFIELD CAPITAL MANAGEMENT CO LP added 856,401 shares (+126.1%) to their portfolio in Q3 2024, for an estimated $63,938,898

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.