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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.
['Robert Izquierdo', 'Https', 'Www.Facebook.Com Themotleyfool']
The Motley Fool
Transaction summaryMetric Value Transaction value ~$1.6 million Shares sold 10,719 Post-transaction shares (directly held) 40,380 Post-transaction value $6.06 millionTransaction value based on SEC Form 4 weighted average sale price ($150.00); post-transaction value based on August 6, 2026 market close ($150.07).
Headquartered in San Jose, Roku operates a leading television streaming platform, with 26% year-over-year growth in subscriptions revenue to $548 million in the second quarter of 2026.
Roku, Inc. is a leading streaming platform operator with a market cap of $22.7 billion.
Roku stock is up due to its impending acquisition by Fox Corporation.
As a successful streaming platform, Roku is an attractive addition for Fox.