Roku Inc. (ROKU) is a leading provider of TV streaming services and streaming devices. With its streaming platform, customers can access thousands of channels from various streaming services, and it also offers opportunities for content providers and advertisers to reach a global audience. Roku generates revenue through digital advertising, audience development tools, content distribution, and sales of Roku-branded TVs and streaming devices.
Stephen Kay: A Key Shareholder
Stephen Kay is one of the top shareholders of Roku. He has been associated with the company since 2014 and currently serves as the senior vice president and general counsel. In this role, Kay oversees all legal matters, including corporate transactions, intellectual property, compliance, and more. He holds a total of 77,312 Roku shares, which accounts for approximately 0.06% of the company’s total shares outstanding.
Ray Rothrock: A Significant Shareholder
Ray Rothrock is another notable shareholder of Roku. He has been a member of Roku’s board since August 2014. In addition to his role at Roku, Rothrock is the executive chair of RedSeal Inc., a cybersecurity company, since June 2020. Previously, he served as the chair and CEO of Red Seal from February 2014 to June 2020. Rothrock owns a total of 36,220 Roku shares, representing about 0.03% of the company’s total shares outstanding.
Scott A. Rosenberg: A Prominent Shareholder
Scott A. Rosenberg holds a significant number of Roku shares as well. He joined Roku in 2012 and currently holds the position of senior vice president and general manager of Roku’s platform business. With extensive experience in the industry, Rosenberg has made valuable contributions to the company. He possesses 28,978 Roku shares, which accounts for approximately 0.02% of the total shares outstanding.
Institutional Shareholders: Anthony J. Wood
Anthony J. Wood, the founder and CEO of Roku, is considered an institutional shareholder due to his combined direct and indirect ownership share of more than 5% of the company’s total shares outstanding. As of his 13G filing for the period ending Dec. 31, 2020, Wood owns 20.0 million shares of Roku, representing 18.0% of the total shares outstanding. Wood has played a pivotal role in Roku’s success since its inception in 2002.
Institutional Shareholders: FMR LLC
FMR LLC, one of the nation’s largest financial services companies, is also a significant institutional shareholder of Roku. According to the company’s 13G filing for the period ending Feb. 5, 2021, FMR owns 10.7 million shares of Roku, accounting for 9.6% of the total shares outstanding. FMR offers various financial services, including investment management and retirement options.
Institutional Shareholders: Vanguard Group Inc.
Vanguard Group Inc., a leading mutual fund and ETF management company, holds a substantial stake in Roku. As of the company’s 13F filing for the period ending Dec. 31, 2020, Vanguard Group owns 9.0 million shares of Roku, representing 8.1% of the total shares outstanding. With a global AUM of approximately $7.2 trillion as of Jan. 31, 2021, Vanguard Group is recognized as a prominent player in the investment management industry.
In conclusion, Stephen Kay, Ray Rothrock, Scott A. Rosenberg, Anthony J. Wood, FMR LLC, and Vanguard Group Inc. are among the top shareholders of Roku, contributing to the company’s growth and success in the TV streaming industry.
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