Roku’s Wood sells $2 million in class A common stock

Published 13/08/2025, 01:36
Roku’s Wood sells $2 million in class A common stock

Roku , Inc. (NASDAQ:ROKU) CEO Anthony J. Wood, also Chairman of the Board, has sold a significant amount of Class A Common Stock, according to a recent Form 4 filing with the Securities and Exchange Commission. The sales, which totaled $2,060,587, occurred on August 11, 2025. The transaction comes as Roku’s stock has shown remarkable strength, posting a 49% gain over the past year, with the company now commanding a market capitalization of $12.4 billion. According to InvestingPro analysis, Roku currently trades near its Fair Value.

The filing reveals Wood sold 10,373 shares at a price of $81.79, 11,907 shares at $82.75, and 2,720 shares at $83.41. The prices for the sales ranged from $81.25 to $83.61 per share. These sales were executed indirectly through the Wood 2017 Revocable Trust, pursuant to a pre-arranged 10b5-1 trading plan. InvestingPro data shows Roku maintains strong financial health with a current ratio of 2.85, holding more cash than debt on its balance sheet. Subscribers can access 8 additional exclusive ProTips and comprehensive valuation metrics for deeper analysis.

In addition to the sales, the report indicates that 25,000 shares of Class B Common Stock were converted into Class A Common Stock. The stock currently trades at $84.32, with analysts maintaining mixed views on its outlook, as reflected in their price targets ranging from $70 to $130.

In other recent news, Roku Inc. reported impressive financial results for the second quarter of 2025, with earnings per share reaching $0.17, far surpassing the anticipated loss of $0.15 per share. The company also achieved a revenue of $1.21 billion, exceeding the expected $1.07 billion. These strong earnings results have sparked positive sentiment in the market. Additionally, Roku announced the launch of Howdy, a new ad-free subscription video-on-demand service, priced at $2.99 per month. This service will offer access to thousands of titles from partners like Lionsgate, Warner Bros. Discovery (NASDAQ:WBD), and FilmRise, along with select Roku Original content. In terms of analyst ratings, Citizens JMP reiterated its Market Outperform rating on Roku, citing the company’s extensive market reach and leadership in the U.S. TV operating system market. The firm also noted Roku’s expanding international presence. These developments underscore Roku’s ongoing growth and strategic initiatives.

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