Jeff Hastings Purchases Shares of Roku, Inc.
On June 11, 2026, Jeff Hastings bought 1,847 shares of Roku, Inc.
Key Points
- Jeff Hastings bought 1,847 shares of Roku, Inc. on June 11, 2026.
- Roku, Inc. traded at $143.68 with a market cap of $21.2 billion and a P/E ratio of 106.4.
- Analysts like Evercore ISI Group and Guggenheim maintain 'buy' ratings with targets up to $185.
Jeff Hastings, an insider at Roku, Inc., bought 1,847 shares of the company on June 11, 2026. The shares were acquired under the transaction code 'M', indicating that this was an acquisition of shares through an option exercise or similar method. Roku's stock was trading at $143.68 at the time of this report.
Insider Buying and Selling at Roku, Inc.
In addition to Jeff Hastings, other insiders have been active in trading Roku shares. On June 12, 2026, Anthony Wood, CEO and Chairman of the Board, bought 25,000 shares. However, he also sold 25,000 shares at $130 per share under a planned transaction. Mustafa Ozgen, President of Devices, Product, and Technology, sold 10,194 shares at $144 per share on the same day as part of a planned transaction.
Other Institutional Activity in Roku, Inc.
FMR LLC increased its holdings in Roku by 3,331,410 shares, bringing its total to 17,011,060 shares valued at approximately $1.61 billion. BlackRock, Inc. added 483,241 shares, ending with 7,426,295 shares worth about $702.7 million. ARK Investment Management LLC reduced its position by 2,061,333 shares, leaving it with 3,820,405 shares valued at $361.5 million.
Roku, Inc. Stock Snapshot
Shares of Roku, Inc. (NasdaqGS:ROKU) were trading near $143.68. The company has a market cap of $21.2 billion and a P/E ratio of 106.4, with a forward P/E of 40.3. The stock has a beta of 2.027, indicating higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from $73.91 to $148.88. Roku's 50-day moving average is $118.29, and its 200-day moving average is $103.95. The company maintains a strong financial position with a current ratio of 2.91 and a quick ratio of 2.709.
Analysts Set New Price Targets
On June 12, 2026, Evercore ISI Group maintained its 'buy' rating on Roku with a price target of $185. Guggenheim, on June 9, 2026, also maintained a 'buy' rating with a $145 target. Morgan Stanley, on June 4, 2026, kept its 'buy' rating with a $170 target. Overall, the consensus among 27 analysts is a 'strong buy', with a mean target price of $146.96.
About Roku, Inc.
Roku, Inc. operates a popular TV streaming platform in the United States and internationally. The company offers access to various content, including TV shows, movies, and sports, while also providing digital advertising services. Roku sells streaming players, Roku-branded TVs, and smart home products. Founded in 2002 and headquartered in San Jose, California, the company is led by CEO Anthony J. Wood and employs around 3,600 people.
Bottom Line
Jeff Hastings' recent purchase of Roku shares adds to the insider activity at the company, reflecting ongoing interest in its performance. Roku, Inc. continues to be a significant player in the streaming industry, with strong financials and a solid market presence. Analyst ratings remain positive, with several firms maintaining 'buy' ratings and setting high price targets. As always, it's important to remember that insider transactions are reported after they occur and may not indicate future performance.
See Also
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