ROKU Insider Jeffrey Blackburn Buys 1,847 Shares

Jeffrey Blackburn bought 1,847 shares of Roku, Inc. (NasdaqGS: ROKU) on June 11, 2026. This transaction was reported at a stock price of $141.50, although the total value of the purchase is listed as $0.

Inside Jeffrey Blackburn's Trade

The purchase comes amid a backdrop of mixed analyst ratings for Roku. Blackburn's transaction adds to the ongoing activity among Roku insiders, following a notable sale by CFO Dan Jedda just days before.

Other Institutional Activity in Roku

Several institutions have recently adjusted their positions in Roku. Blackrock Inc. increased its stake by 5,955,798 shares, bringing its total to about 13.4 million shares valued at approximately $2.07 billion. Vanguard Capital Management LLC added 49,947 shares, ending with about 5.9 million shares worth about $915 million. In contrast, FMR, LLC reduced its holdings significantly by 11,699,685 shares, resulting in about 5.3 million shares valued at $820 million.

Roku, Inc. Stock Down 7.3%

Roku's stock currently trades at $141.50, down from its recent close of $152.57. This price is near the lower end of its 52-week range, which spans from $78.53 to $159.89, indicating potential value for investors.

Recent Earnings

In the last quarter, Roku reported revenue of approximately $5.21 billion, reflecting a growth rate of 21.9%. The company achieved earnings of $2.35 per share, with a net margin of 6.8%. Roku will announce its next earnings results on November 5, 2026.

Insider Buying and Selling at Roku, Inc.

On June 15, CFO Dan Jedda sold 7,000 shares of Roku at an average price of $143.87, totaling about $1,007,090. This sale was part of a planned transaction under a Rule 10b5-1 plan. Additionally, other executives, including Jeff Hastings, Ray Rothrock, and Gina Luna, sold their shares on June 11, although no prices were disclosed for those transactions.

Analysts Set New Price Targets

Analysts have a mixed outlook on Roku, with Wedbush reiterating a Neutral rating and a price target of $155 on September 24, 2026. Wells Fargo downgraded its rating to Equal-Weight with a target of $165 on August 14, 2026. The consensus price target among analysts is $162.33, with 20 opinions contributing to this mean.

About Roku, Inc.

Roku, Inc. operates a TV streaming platform that connects users to various entertainment services. It also sells streaming players and smart home products. Blackburn's recent purchase highlights ongoing interest in the company's future, especially as it navigates mixed analyst sentiments and recent insider transactions.

Bottom Line

Investors will be watching Roku closely, especially with its next earnings date set for November 5, 2026. As this 13F filing reflects past positions, further insider activity and market reactions could shape Roku's future outlook.