Roku CEO Anthony Wood Sells 25,000 Shares
On June 12, 2026, Roku's CEO Anthony Wood sold 25,000 shares as analysts maintain strong buy ratings.
Key Points
- Roku CEO Anthony Wood sold 25,000 shares on June 12, 2026, without a planned sale at an undisclosed price.
- Roku's stock trades near $143.68 with a market cap of about $21.2 billion and a forward P/E of 40.3.
- Analysts from Evercore and Morgan Stanley maintain buy ratings, setting high price targets up to $185.
Roku, Inc. (NasdaqGS: ROKU) saw insider selling activity as CEO and Chairman Anthony Wood sold 25,000 shares on June 12, 2026. This transaction was not part of a pre-arranged trading plan and the sale price was not disclosed.
Insider Buying and Selling at Roku, Inc.
Anthony Wood, Roku's CEO and Chairman, made several transactions on June 12, 2026. In addition to the 25,000 shares sold without a planned sale, he also sold another 25,000 shares at a price of $130 each under a planned sale. Mustafa Ozgen, President of Devices, also sold 10,194 shares at $144 each on the same day, while Jeff Hastings made purchases on June 11.
Other Institutional Activity in Roku, Inc.
FMR LLC increased its holdings in Roku by 3,331,410 shares, now owning 17,011,060 shares valued at approximately $1.61 billion. BlackRock, Inc. also added 483,241 shares, bringing its total to 7,426,295 shares worth about $702.7 million. On the other hand, ARK Investment Management LLC reduced its stake by 2,061,333 shares and now holds 3,820,405 shares valued at $361.5 million.
Roku, Inc. Stock Snapshot
Shares of Roku, Inc. are trading around $143.68. The company has a market cap of approximately $21.2 billion and a forward P/E ratio of 40.3. Roku's stock has shown significant movement, with a 52-week low of $73.91 and a high of $148.88. The stock's 50-day moving average is $118.29, while the 200-day moving average stands at $103.95. The company maintains a current ratio of 2.91 and a quick ratio of 2.71, with a debt-to-equity ratio of 18.76, indicating a strong liquidity position.
Recent Earnings
Roku reported revenue of $4.97 billion, reflecting a growth of 22.4%. The company achieved a net margin of 4.1% with a return on equity of 7.8%. Earnings per share stood at $1.35. The next earnings report is expected on April 30, 2026.
Analysts Set New Price Targets
On June 12, 2026, Evercore ISI Group maintained a buy rating on Roku with a price target of $185. Guggenheim, on June 9, maintained its buy rating with a target of $145. Similarly, Morgan Stanley reiterated its buy rating with a $170 target on June 4. Overall, analysts have a strong buy consensus with an average target price of $146.96 based on 27 analyst opinions.
About Roku, Inc.
Roku, Inc., headquartered in San Jose, California, operates a prominent TV streaming platform. It enables users to access a wide array of content including TV shows, movies, and news. The company also provides digital advertising services and sells Roku-branded streaming devices, TVs, and audio products. Founded in 2002, Roku employs about 3,600 people and is a key player in the entertainment industry.
Bottom Line
Anthony Wood's recent sale of Roku shares highlights insider activity at a time when analysts remain optimistic about the company's prospects. Despite the insider sales, Roku continues to show strong financial metrics and growth potential. Investors often watch such insider activities closely, though it's important to remember that these transactions are backward-looking and may not reflect the current or future intentions of the insiders.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.