Roku Executive Mustafa Ozgen Sells Shares
Mustafa Ozgen sold over 10,000 Roku shares in a planned transaction.
Key Points
- Mustafa Ozgen sold 10,194 shares of Roku, Inc. at $144 each, totaling about $1.47 million, on June 12, 2026.
- Roku's stock is trading around $143.68, with a market cap of $21.2 billion and a forward P/E of 40.34.
- FMR LLC increased its Roku holdings by 3.3 million shares, while ARK Investment Management reduced its stake by over 2 million shares.
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On June 12, 2026, Mustafa Ozgen, Roku, Inc.'s President of Devices, Product, and Technology, sold 10,194 shares of the company in a planned transaction. The shares were sold at an average price of $144, amounting to a total value of approximately $1.47 million. This transaction was part of a pre-arranged trading plan.
Other Institutional Activity in Roku
FMR LLC increased its stake in Roku by adding 3,331,410 shares, bringing its total to 17,011,060 shares valued at around $1.61 billion. BlackRock, Inc. also boosted its position by 483,241 shares to a total of 7,426,295 shares worth about $702.68 million. Conversely, ARK Investment Management LLC cut its holdings by 2,061,333 shares, leaving it with 3,820,405 shares valued at approximately $361.49 million.
Roku, Inc. Stock Down 10.3%
Shares of NasdaqGS:ROKU are currently trading near $143.68. Roku has a market cap of about $21.2 billion, with a forward P/E ratio of 40.34 and a beta of 2.027. The stock's 52-week range spans from $73.91 to $148.88, with a 50-day moving average of $118.29 and a 200-day moving average of $103.95. Roku maintains a strong liquidity position with a current ratio of 2.91 and a quick ratio of 2.71, while its debt-to-equity ratio stands at 18.76.
Recent Earnings
Roku reported revenue of approximately $4.97 billion, reflecting a 22.4% year-over-year growth. The company achieved an EPS of $1.35, with a net margin of 4.06% and a return on equity of 7.76%. The next earnings announcement is scheduled for April 30, 2026.
Insider Buying and Selling at Roku, Inc.
On the same day as Ozgen's sale, CEO and Chairman Anthony Wood sold 25,000 shares at $130 each in a planned transaction. Additionally, Jeff Hastings acquired 1,745 shares on June 11, 2026.
Analysts Set New Price Targets
Evercore ISI Group maintained its buy rating for Roku on June 12, 2026, with a price target of $185. Guggenheim and Morgan Stanley also reiterated their buy ratings earlier in June, with targets of $145 and $170, respectively. 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 that allows users to access a wide range of content, including TV shows, movies, and sports. The company, headquartered in San Jose, California, also provides digital advertising services and sells Roku-branded TVs, streaming players, and related products. Founded in 2002, Roku is led by CEO Anthony J. Wood and employs about 3,600 people.
Bottom Line
Mustafa Ozgen's recent sale of Roku shares highlights ongoing insider activity at the company. Investors often track such sales for insights into executive sentiment. It's important to remember that these transactions are part of routine filings and may not indicate current insider views. Roku continues to show strong revenue growth and maintains a solid market position in the streaming industry.
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