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Roku , INC (NASDAQ:ROKU) CEO Anthony J. Wood sold a total of $2.24 million in Class A Common Stock on July 10, 2025. The company, currently valued at $13.2 billion, has seen its stock surge 21% year-to-date. The sales, executed under a prearranged 10b5-1 trading plan, occurred in multiple transactions with prices ranging from $88.76 to $90.33 per share. According to InvestingPro analysis, the stock’s technical indicators suggest overbought conditions, with more insights available in the Pro Research Report.
Wood sold 5,151 shares at a weighted average price of $88.76, 14,048 shares at a weighted average price of $89.68, and 5,801 shares at a weighted average price of $90.33.
On the same day, Wood converted 25,000 shares of Class B Common Stock to Class A Common Stock.
In other recent news, Roku Inc. has seen several notable developments. KeyBanc upgraded Roku’s stock rating to Overweight, citing potential growth in advertising and partnerships that could drive faster EBITDA growth than current consensus estimates. Needham also raised its price target for Roku to $100, emphasizing improvements in labor productivity, with revenue per employee rising significantly over recent years. Meanwhile, Citizens JMP reiterated its Market Outperform rating, highlighting Roku’s extensive market penetration and monetization potential, particularly through partnerships like the recent collaboration with Amazon (NASDAQ:AMZN). Citi adjusted its price target to $84, maintaining a Neutral rating, but noted that the Amazon partnership could enhance Roku’s competitive edge in the connected TV space. Benchmark reiterated its buy rating with a $130 price target, emphasizing the significance of the Amazon DSP deal, which could lead to further collaborations and financial impact starting in 2026. These developments reflect a period of strategic growth and partnerships for Roku, with various analyst firms expressing confidence in its future trajectory.
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