Defence stock jumps after receiving order for gun stand assemblies from defence firm
roku, inc. (NASDAQ:ROKU) Chief Financial Officer Jedda Dan sold 1,500 shares of Class A Common Stock on June 16, 2025, for $81.32, totaling approximately $121,979. The sale comes as Roku ’s stock shows strong momentum, with a 55% return over the past year and current market capitalization of $11.9 billion. According to InvestingPro data, the company maintains a healthy financial position with a current ratio of 2.86.
Following the transaction, Jedda Dan directly owns 80,632 shares of Roku, Inc. The sale was executed under a 10b5-1 trading plan. With a beta of 2.09, Roku’s stock has shown significant volatility. InvestingPro offers 8 additional key insights about Roku’s financial health and market position through its comprehensive Pro Research Report.
The transaction was reported in a Form 4 filing with the Securities and Exchange Commission. The filing was signed by Renee Strandness, attorney-in-fact, on June 18, 2025.
In other recent news, Roku Inc. announced a significant partnership with Amazon (NASDAQ:AMZN), integrating Amazon’s demand-side platform (DSP) with Roku’s connected TV inventory. This collaboration is expected to enhance Roku’s advertising capabilities, with financial impacts anticipated to begin in 2026. Citi raised its price target for Roku from $68 to $84, maintaining a Neutral rating, citing the partnership’s potential benefits. Benchmark reiterated its Buy rating and a $130 price target, suggesting the deal could lead to future collaborations, including shoppable advertising features. Guggenheim also reiterated a Buy rating, maintaining a $100 price target, and highlighted the partnership’s potential to drive growth in Roku’s monetization areas. Citizens JMP maintained a Market Outperform rating and a $95 price target, emphasizing the partnership’s alignment with Roku’s strategy to boost audience monetization. Loop Capital upgraded Roku from Hold to Buy, raising its price target to $100, expecting the partnership to strengthen Roku’s market position. Overall, these recent developments reflect growing confidence among analysts in Roku’s growth trajectory.
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