A Roku Insider Sells Nearly 11,000 Shares for $1.6 Million as the Company Prepares to Be Acquired. Here's a Closer Look at the Transaction.
The digital streaming platform reported a notable insider sale as its stock surged 77% over the past year.
Overview
Gilbert Fuchsberg, President of Subscriptions at Roku, Inc. (NASDAQ:ROKU), sold 10,719 shares of Class A Common Stock on August 6, 2026, for a total value of ~$1.6 million, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($150.00); post-transaction value based on August 6, 2026 market close ($150.07).
Details
Roku, Inc. is a leading streaming platform operator with a market cap of $22.7 billion. The company has demonstrated strong financial performance with trailing 12-month revenue of $5.2 billion, reflecting its dominant position in the streaming entertainment ecosystem.
Source
Originally published at www.fool.com.