Key Points
- CEO David Baszucki sold 272,269 shares on Feb. 10 at an average price of $72.66 for roughly $19.8M, cutting his stake by about 25% to 811,373 shares — the transaction was part of clustered insider sales by multiple executives.
- Roblox reported a ($0.45) EPS that beat estimates but posted $1.42B in revenue versus a $2.08B consensus, and the company remains unprofitable with negative return on equity and net margin.
- The stock traded lower (opened ~$69, down ~4%) amid investor concern over large insider selling and regulatory scrutiny — Australia has requested a meeting over grooming/content complaints — while analysts' consensus is a "Moderate Buy" with a $119.44 price target.
Roblox Corporation (NYSE:RBLX - Get Free Report) insider Matthew Kaufman sold 30,034 shares of Roblox stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $72.65, for a total transaction of $2,181,970.10. Following the transaction, the insider owned 307,263 shares in the company, valued at approximately $22,322,656.95. This trade represents a 8.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Roblox Stock Performance
NYSE RBLX opened at $69.04 on Thursday. The company has a market capitalization of $45.21 billion, a price-to-earnings ratio of -44.54 and a beta of 1.63. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a twelve month low of $50.10 and a twelve month high of $150.59. The stock has a fifty day simple moving average of $79.88 and a 200 day simple moving average of $106.81.
Roblox (NYSE:RBLX - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported ($0.45) EPS for the quarter, beating analysts' consensus estimates of ($0.49) by $0.04. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $2.08 billion. Roblox had a negative return on equity of 311.88% and a negative net margin of 21.78%.The business's revenue was up 122.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.33) EPS. Sell-side analysts expect that Roblox Corporation will post -1.49 EPS for the current year.
Analysts Set New Price Targets
RBLX has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Roblox from $100.00 to $75.00 and set a "neutral" rating for the company in a report on Friday, February 6th. Needham & Company LLC lowered their target price on shares of Roblox from $159.00 to $105.00 and set a "buy" rating for the company in a research note on Friday, February 6th. TD Cowen restated a "sell" rating on shares of Roblox in a report on Tuesday, January 27th. Roth Mkm upgraded Roblox from a "neutral" rating to a "buy" rating and increased their price target for the stock from $78.00 to $84.00 in a report on Monday. Finally, Barclays lowered their price objective on Roblox from $130.00 to $115.00 and set an "equal weight" rating for the company in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Roblox presently has an average rating of "Moderate Buy" and a consensus price target of $119.44.
View Our Latest Analysis on Roblox
Trending Headlines about Roblox
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Institutional Investors Weigh In On Roblox
Large investors have recently bought and sold shares of the stock. IFM Investors Pty Ltd raised its holdings in shares of Roblox by 1.3% during the fourth quarter. IFM Investors Pty Ltd now owns 110,802 shares of the company's stock valued at $8,978,000 after purchasing an additional 1,386 shares during the period. CSM Advisors LLC acquired a new stake in shares of Roblox in the 4th quarter valued at about $676,000. Empowered Funds LLC increased its position in Roblox by 38.9% in the 4th quarter. Empowered Funds LLC now owns 108,384 shares of the company's stock valued at $8,782,000 after buying an additional 30,341 shares in the last quarter. Meeder Advisory Services Inc. raised its stake in Roblox by 15.4% during the 4th quarter. Meeder Advisory Services Inc. now owns 9,115 shares of the company's stock worth $739,000 after buying an additional 1,213 shares during the period. Finally, Jessup Wealth Management Inc bought a new position in Roblox in the fourth quarter worth approximately $40,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.
About Roblox
(
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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