Key Points
- Roblox CEO David Baszucki sold 66,896 shares on November 11 at an average price of $104.53, a transaction totaling about $6.99 million (disclosed in an SEC filing).
- In Q3 Roblox reported EPS of ($0.37), beating estimates by $0.07, while revenue of $1.36 billion missed forecasts of $1.64 billion; revenue rose 70.3% year‑over‑year but the company remains unprofitable with a -21.7% net margin and -314.2% ROE.
- Shares opened at $101.24 and were down roughly 3%; institutional investors own about 94.46% of the stock, and analysts hold a "Moderate Buy" consensus with an average target near $136.41 (20 Buys, 8 Holds, 3 Sells).
Roblox Corporation (NYSE:RBLX - Get Free Report) CEO David Baszucki sold 66,896 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $104.53, for a total transaction of $6,992,638.88. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Roblox Trading Down 3.0%
Shares of RBLX stock opened at $101.24 on Friday. Roblox Corporation has a fifty-two week low of $47.95 and a fifty-two week high of $150.59. The company has a 50 day moving average price of $126.34 and a 200 day moving average price of $111.65. The stock has a market capitalization of $66.30 billion, a P/E ratio of -70.80 and a beta of 1.61. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.96 and a current ratio of 0.96.
Roblox (NYSE:RBLX - Get Free Report) last released its earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.44) by $0.07. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.64 billion. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The firm's quarterly revenue was up 70.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts predict that Roblox Corporation will post -1.49 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Pilgrim Partners Asia Pte Ltd purchased a new stake in Roblox during the third quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. purchased a new position in Roblox in the third quarter valued at approximately $37,000. Total Investment Management Inc. acquired a new stake in Roblox during the second quarter worth approximately $29,000. Root Financial Partners LLC acquired a new stake in Roblox during the third quarter worth approximately $38,000. Finally, Salomon & Ludwin LLC purchased a new stake in shares of Roblox during the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 94.46% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the company. Wall Street Zen raised Roblox from a "sell" rating to a "hold" rating in a research note on Saturday, October 18th. Arete Research set a $116.00 price target on Roblox in a research report on Tuesday, September 9th. Wolfe Research raised Roblox from a "peer perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Friday, August 22nd. Needham & Company LLC restated a "buy" rating and set a $159.00 target price on shares of Roblox in a research note on Friday, October 31st. Finally, Roth Capital reaffirmed a "neutral" rating and issued a $146.00 target price on shares of Roblox in a report on Friday, October 17th. Twenty equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $136.41.
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About Roblox
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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.
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