Jeffrey Blackburn Sells Shares of Roku, Inc.

On June 11, 2026, Jeffrey Blackburn sold 1,847 shares of Roku, Inc. (NasdaqGS: ROKU). The transaction didn't specify an average price or total value, but it occurred when the stock was trading at $143.68.

Other Institutional Activity in Roku

Several institutional investors have been active in Roku, Inc. FMR LLC increased its holdings by 3,331,410 shares, ending with 17,011,060 shares valued at about $1.61 billion. BlackRock, Inc. added 483,241 shares, bringing its total to 7,426,295 shares worth approximately $702.68 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both established new positions, holding 6,458,259 and 5,876,046 shares respectively. Meanwhile, ARK Investment Management LLC reduced its stake by 2,061,333 shares, now holding 3,820,405 shares valued at around $361.49 million.

Roku, Inc. Stock Snapshot

Shares of Roku, Inc. are currently trading near $143.68. The company boasts a market cap of $21.22 billion, with a P/E ratio of 106.41 and a forward P/E of 40.34. Roku's stock has fluctuated between a 52-week low of $73.91 and a high of $148.88. The 50-day moving average stands at $118.29, while the 200-day moving average is $103.95. Roku has a current ratio of 2.91 and a quick ratio of 2.71, with a debt-to-equity ratio of 18.76.

Recent Earnings

Roku reported revenue of $4.97 billion, growing by 22.4%. The company achieved a net margin of 4.06% and a return on equity of 7.76%. Earnings per share were $1.35. The next earnings report is expected on April 30, 2026.

Insider Buying and Selling at Roku, Inc.

In addition to Jeffrey Blackburn's sale, several other insiders were active. On June 12, 2026, CEO Anthony Wood bought 25,000 shares and sold an equal amount under a planned transaction at $130 per share. Mustafa Ozgen, President of Devices, Products, and Technology, sold 10,194 shares at $144 per share in a planned move. Jeff Hastings acquired 1,027 shares on June 11, 2026.

Analysts Set New Price Targets

Evercore ISI Group maintained its buy rating on Roku with a price target of $185 on June 12, 2026. Guggenheim also kept its buy rating, setting a target of $145 on June 9, 2026. Morgan Stanley and Baird both maintained buy ratings with targets of $170 and $160, respectively. The consensus recommendation is a strong buy, with an average target price of $146.96 from 27 analysts.

About Roku, Inc.

Roku, Inc., headquartered in San Jose, California, operates a TV streaming platform in the U.S. and internationally. The company has two main segments: Platform and Devices. Roku's platform offers users access to TV shows, movies, news, and sports, alongside digital advertising services. It also sells streaming players, Roku-branded TVs, and other smart home products. Founded in 2002, Roku is led by CEO Anthony J. Wood and employs around 3,600 people.

Bottom Line

Jeffrey Blackburn's recent sale of Roku shares is part of ongoing insider activity. Investors keep a close eye on such transactions for potential insights into company sentiment. Roku's stock has seen significant institutional interest, reflecting broader market confidence. As always, 13F filings and insider trades offer a backward-looking view, showing past activity rather than current positions.