ROKU VP Banks sells 8,693 shares for $621,046.63 in 3 transactions, reducing holdings by 54.5%.
Banks Matthew C., VP of Corp Controller & CAO at Roku, executed 3 separate sales totaling 8,693 shares for $621,046.63 on 2024-11-18, with individual transactions at $70.91, $71.59, and $72.66. This sale reduced his holdings from 15,957 shares to 7,264 shares, a reduction of 54.5% of pre-transaction holdings. At his prior 2 trades at ROKU (both in November 2023), the stock posted positive 90-day returns of 6.0% and 2.5% respectively, indicating his prior sells occurred before the stock appreciated. The company reported a negative net income of $-9,030,000.00 in the latest quarter and was unprofitable over its most recent full fiscal year, though annual revenue growth was positive at 11.4%. The current stock price of $73.61 is 31.1% below its 52-week high, and the stock has declined 8.1% over the past 30 days.