ROKU Insider Jeffrey Blackburn Sells 1,847 Shares

Jeffrey Blackburn's Recent Sale

Jeffrey Blackburn sold 1,847 shares of Roku, Inc. (NasdaqGS: ROKU) on June 11, 2026. The sale was valued at approximately $261,000, based on a share price of $141.50. This transaction comes as the stock has seen fluctuations in its price, recently closing at $152.57.

Insider Buying and Selling at Roku, Inc.

In addition to Blackburn's sale, several other insiders also sold shares on June 11. Dan Jedda, Roku's CFO & COO, sold 7,000 shares for about $1.01 million in a planned sale on June 15. Other insiders, including Jeff Hastings, Ray Rothrock, Gina Luna, and Neil Hunt, each sold 1,847 shares on the same day as Blackburn's transaction, although the value for those sales was not disclosed. This wave of insider selling may signal a cautious approach among Roku's leadership.

Analysts Set New Price Targets

Roku has faced mixed reviews from analysts recently. On September 24, 2026, Wedbush reiterated its Neutral rating with a price target of $155. Wells Fargo downgraded Roku to Equal-Weight on August 14, lowering its target from $167 to $165. Meanwhile, Rosenblatt maintained a Buy rating with a $160 target on August 10. Overall, analysts have varied opinions, and the consensus remains a Hold with a mean price target of $162.33.

Stock Performance and Market Context

Currently, Roku's stock trades around $141.50, significantly lower than its 52-week high of $159.89. This drop may reflect broader market trends and investor sentiment as the company approaches its next earnings report. The stock's recent performance has been volatile, with a noted decline from its previous close of $152.57.

What Roku, Inc. Does

Roku, Inc. operates a TV streaming platform that allows users to access various content, including shows, movies, and sports. The company also sells streaming devices and smart home products. As Roku continues to evolve in the competitive entertainment landscape, insider transactions and analyst ratings will be crucial to watch.

What's Next for Roku

Roku is scheduled to report its next earnings on November 5, 2026. The upcoming earnings call will be pivotal for assessing the company's performance and strategy in a challenging market. Keep in mind that the recent insider sales reflect past actions and may not indicate current positions or future performance.