Hedge funds cut NFLX, keep big bets on MSFT, AMZN, add NVDA
Charles Collier, President of Roku Media, sold 3,590 shares of ROKU, INC (NASDAQ:ROKU) Class A Common Stock on June 17, 2025, for $85.00, totaling $305,150. The sale occurred as Roku’s stock trades near $81.43, with the company’s market value at $11.9 billion. According to InvestingPro analysis, the stock has delivered an impressive 55% return over the past year, despite its characteristic volatility.
Following the transaction, Collier directly owns 7,380 shares of the company’s Class A Common Stock. He also indirectly owns 600 shares through the Charles D. Collier Revocable Trust. InvestingPro analysis indicates the stock is currently trading below its Fair Value, with 10+ additional exclusive insights available to subscribers.
The sale was executed under a pre-arranged 10b5-1 trading plan. Investors seeking deeper insights can access Roku’s comprehensive Pro Research Report, available exclusively on InvestingPro, along with detailed analysis of 1,400+ other US stocks.
In other recent news, Roku Inc. has announced a significant partnership with Amazon (NASDAQ:AMZN), which has led to various analyst firms adjusting their outlooks on the company. Citi raised its price target for Roku to $84, while maintaining a Neutral rating, highlighting the enhanced competitive positioning in the connected TV space due to the integration of Amazon’s demand-side platform. Benchmark reiterated a Buy rating with a $130 price target, suggesting potential future collaborations and highlighting the deal’s significance for both Roku and its partner, Magnite. Guggenheim also reiterated its Buy rating and set a $100 price target, emphasizing the partnership’s potential to drive growth in Roku’s connected TV inventory and consumer data monetization. Citizens JMP maintained a Market Outperform rating with a $95 price target, citing the deal’s alignment with Roku’s strategy to leverage its TV operating system market share. Loop Capital upgraded Roku from Hold to Buy, increasing the price target to $100, based on the anticipated financial benefits starting in 2026. These developments reflect a broad consensus among analysts that the Amazon partnership could positively impact Roku’s future financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.