Ray Rothrock Acquires Roku Shares
Ray Rothrock bought 1,847 shares of Roku, Inc., showing confidence in the streaming platform.
Key Points
- Ray Rothrock bought 1,847 shares of Roku, Inc. on June 11, 2026, reflecting his interest in the streaming platform.
- Roku's stock, trading at $143.68, has a market cap of $21.22 billion and a P/E ratio of 106.41.
- Analysts like Evercore ISI Group and Guggenheim maintain a 'buy' rating, with price targets up to $185.
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Ray Rothrock recently purchased 1,847 shares of Roku, Inc. (NasdaqGS: ROKU) on June 11, 2026. This insider transaction suggests a positive outlook on the company's future prospects, though the exact purchase price and total transaction value weren't disclosed.
What Changed in Ray Rothrock's Roku Position
Ray Rothrock's acquisition of 1,847 shares of Roku is a notable addition to his holdings. This move comes without a specified purchase price or total value, but it indicates his growing interest in the company.
Other Institutional Activity in Roku
FMR LLC significantly increased its stake in Roku by adding 3,331,410 shares, bringing its total to 17,011,060 shares worth approximately $1.61 billion. BlackRock, Inc. also boosted its position by 483,241 shares, ending with 7,426,295 shares valued at about $702.68 million. Meanwhile, ARK Investment Management LLC reduced its holdings by 2,061,333 shares, leaving it with 3,820,405 shares worth around $361.49 million.
Roku, Inc. Stock Down 10.3%
Shares of Roku, Inc. (NasdaqGS: ROKU) are currently trading at $143.68. The company boasts a market capitalization of $21.22 billion and has a P/E ratio of 106.41. Roku's stock has seen a 52-week low of $73.91 and a high of $148.88. Its 50-day moving average stands at $118.29, while the 200-day moving average is $103.95. The company maintains a healthy current ratio of 2.91 and a quick ratio of 2.71.
Recent Earnings
In its latest earnings report, Roku recorded revenue of $4.97 billion, reflecting a year-over-year growth of 22.4%. The company achieved 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 June 11, 2026, Jeff Hastings acquired 1,745 shares of Roku, while CEO Anthony Wood made both purchases and sales of 25,000 shares on June 12, 2026. Mustafa Ozgen, President of Devices, Products, and Technology, sold 10,194 shares at an average price of $144, under a planned sale.
Analysts Set New Price Targets
On June 12, 2026, Evercore ISI Group maintained its 'buy' rating for Roku with a price target of $185. Guggenheim also reiterated its 'buy' rating with a $145 target on June 9, 2026. Overall, analysts have a consensus 'strong buy' rating for Roku, with an average target price of $146.96.
About Roku, Inc.
Roku, Inc. operates a popular TV streaming platform, offering a wide range of content like TV shows, movies, and sports. Based in San Jose, California, the company serves both U.S. and international markets. Roku also provides digital advertising services and sells various streaming and smart home products. The company is led by CEO Anthony J. Wood and employs about 3,600 people.
Bottom Line
Ray Rothrock's recent purchase of Roku shares indicates his confidence in the company's future. While insider transactions can offer insights, they are just one factor investors consider. Roku continues to grow, as seen in its recent earnings and strong analyst ratings. However, it's important to remember that 13F filings and insider transactions are historical records and may not reflect the current situation.
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