ROKU, INC
No SEC Form 4 filings for $ROKU in the last 30 days.
The article says Roku’s user base has surpassed 100 million households, supporting growth in advertising and subscriptions. It cites last quarter’s 22% year-over-year revenue rise alongside a 16% device revenue decline, with streaming hours up 8% to 38.7 billion. It also reports Q1 platform revenue up 28% to over $1.1 billion and subscription revenue up 30% to $519 million.
Roku CEO Anthony J. Wood's 2017 Revocable Trust sold 75,000 Class A Common Stock shares on May 11, 2026, under a Rule 10b5-1 trading plan for approximately $9.66 million. Concurrently, the trust converted 75,000 Class B shares to Class A shares. Despite these transactions, the trust retains significant holdings, including over 16 million Class B shares, indicating the sale was a small portion of Wood's overall economic interest in Roku.
KeyCorp has raised its price target for Roku (NASDAQ:ROKU) to $150 from $140, maintaining an "overweight" rating and suggesting a nearly 29% upside. This comes after Roku surpassed Q1 estimates with $0.57 EPS and $1.25 billion in revenue, leading management to increase its annual platform revenue outlook due to strong ad demand and subscriber growth. Despite positive momentum, the company faces high valuation and execution risks, as indicated by its high P/E ratio and recent insider share sales.
