David Baszucki Sells 10,584 Shares of Roblox (NYSE:RBLX) Stock

Roblox Corporation (NYSE:RBLX) CEO David Baszucki sold 10,584 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $95.24, for a total transaction of $1,008,020.16. Following the completion of the transaction, the chief executive officer owned 190,574 shares of the company’s stock, valued at approximately $18,150,267.76. This trade represents a 5.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

David Baszucki also recently made the following trade(s):

• On Tuesday, November 11th, David Baszucki sold 66,896 shares of Roblox stock. The shares were sold at an average price of $104.53, for a total transaction of $6,992,638.88.

Roblox Trading Up 1.5%

Shares of Roblox stock traded up $1.32 during trading on Monday, hitting $90.57. The company’s stock had a trading volume of 11,920,323 shares, compared to its average volume of 9,408,730. The stock has a market cap of $59.31 billion, a price-to-earnings ratio of -63.34 and a beta of 1.61. Roblox Corporation has a 52 week low of $47.95 and a 52 week high of $150.59. The stock has a 50-day moving average price of $121.32 and a two-hundred day moving average price of $113.56. The company has a debt-to-equity ratio of 2.54, a current ratio of 0.96 and a quick ratio of 0.96.

Roblox (NYSE:RBLX) last released its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The business’s revenue was up 70.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Institutional Trading of Roblox

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pilgrim Partners Asia Pte Ltd purchased a new stake in Roblox during the 3rd quarter valued at about $26,000. Total Investment Management Inc. bought a new stake in shares of Roblox in the 2nd quarter worth $29,000. ORG Partners LLC bought a new stake in shares of Roblox in the 2nd quarter worth $33,000. Whipplewood Advisors LLC purchased a new position in shares of Roblox in the second quarter worth $34,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in shares of Roblox during the third quarter valued at $37,000. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on RBLX shares. Wedbush reaffirmed an “outperform” rating and set a $165.00 price target on shares of Roblox in a research report on Thursday, September 4th. Raymond James Financial reissued an “outperform” rating and issued a $165.00 price target (up from $155.00) on shares of Roblox in a report on Tuesday, October 14th. Roth Capital reiterated a “neutral” rating and issued a $146.00 target price on shares of Roblox in a research note on Friday, October 17th. Citigroup increased their price objective on Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Finally, Benchmark reiterated a “hold” rating on shares of Roblox in a report on Friday, October 31st. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Roblox presently has a consensus rating of “Moderate Buy” and an average target price of $136.41.

Roblox Company Profile

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.