Key Points
- David Baszucki sold 66,896 Roblox shares on Jan. 7 at an average price of $76.48 for about $5.12M, and has sold a total of 211,272 shares since November for roughly $18.8M.
- Roblox posted revenue up 70.3% year‑over‑year and beat EPS estimates but remains unprofitable with negative margins, and its stock is trading around $73—well below the 50‑day ($91) and 200‑day ($112) moving averages—while analysts maintain a consensus target of $132.65 (Moderate Buy).
Roblox Corporation (NYSE:RBLX - Get Free Report) CEO David Baszucki sold 66,896 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $76.48, for a total transaction of $5,116,206.08. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
David Baszucki also recently made the following trade(s):
- On Thursday, December 18th, David Baszucki sold 66,896 shares of Roblox stock. The shares were sold at an average price of $84.73, for a total value of $5,668,098.08.
- On Thursday, November 20th, David Baszucki sold 10,584 shares of Roblox stock. The shares were sold at an average price of $95.24, for a total value of $1,008,020.16.
- On Tuesday, November 11th, David Baszucki sold 66,896 shares of Roblox stock. The stock was sold at an average price of $104.53, for a total value of $6,992,638.88.
Roblox Stock Down 0.9%
RBLX stock opened at $73.23 on Friday. The stock has a market capitalization of $47.95 billion, a P/E ratio of -51.21 and a beta of 1.64. 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 Corporation has a 1-year low of $50.10 and a 1-year high of $150.59. The business has a fifty day moving average price of $91.01 and a 200-day moving average price of $112.64.
Roblox (NYSE:RBLX - Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.44) by $0.07. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.Roblox's revenue for the quarter was up 70.3% on a year-over-year basis. During the same period last year, the company earned ($0.37) EPS. Equities analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Raymond James Financial restated an "outperform" rating and issued a $165.00 target price (up previously from $155.00) on shares of Roblox in a report on Tuesday, October 14th. Citigroup boosted their target price on shares of Roblox from $152.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, October 8th. Weiss Ratings restated a "sell (e+)" rating on shares of Roblox in a research note on Monday, December 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of Roblox in a report on Thursday, December 11th. Finally, UBS Group set a $99.00 price objective on Roblox in a research report on Tuesday, December 9th. Eighteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $132.65.
View Our Latest Stock Analysis on RBLX
Institutional Investors Weigh In On Roblox
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Pilgrim Partners Asia Pte Ltd bought a new stake in Roblox during the third quarter valued at about $26,000. Total Investment Management Inc. bought a new position in shares of Roblox in the second quarter worth about $29,000. ORG Partners LLC bought a new position in shares of Roblox in the second quarter worth about $33,000. Whipplewood Advisors LLC purchased a new position in shares of Roblox during the 2nd quarter valued at about $34,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in shares of Roblox during the 3rd quarter valued at approximately $37,000. 94.46% of the stock is currently owned by hedge funds and other institutional investors.
Roblox Company Profile
(
Get Free Report)
Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company's building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.
Roblox's business model is built around its virtual economy and creator ecosystem.
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