Roblox (NYSE:RBLX) Director Gregory Baszucki Sells 16,666 Shares

Key Points

  • Gregory Baszucki sold 16,666 shares of Roblox on April 1 at an average price of $57.95 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 1.26% to 1,302,834 shares (≈$75.5M).
  • Roblox reported Q4 EPS of -$0.45 (beating estimates by $0.04) on $1.42B revenue—well below expectations—while revenue was up 122.6% year-over-year and the company still shows negative margins and ROE.
  • The stock trades around ~$60 with a market cap of about $39.8B and a 52-week range of $50.10–$150.59; analysts' consensus is a “Moderate Buy” with an average price target of $117.52.

Roblox Corporation (NYSE:RBLX - Get Free Report) Director Gregory Baszucki sold 16,666 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $57.95, for a total value of $965,794.70. Following the transaction, the director owned 1,302,834 shares in the company, valued at approximately $75,499,230.30. This represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Roblox Trading Up 0.0%

NYSE RBLX opened at $60.14 on Friday. The stock has a market cap of $39.79 billion, a P/E ratio of -38.80 and a beta of 1.67. Roblox Corporation has a fifty-two week low of $50.10 and a fifty-two week high of $150.59. The stock has a 50 day simple moving average of $63.12 and a two-hundred day simple moving average of $90.05. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.96 and a current ratio of 0.96.




Roblox (NYSE:RBLX - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported ($0.45) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.49) by $0.04. The firm had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $2.08 billion. Roblox had a negative return on equity of 304.42% and a negative net margin of 21.78%.The business's revenue was up 122.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.33) earnings per share. On average, analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on RBLX shares. Wedbush restated an "outperform" rating and issued a $110.00 price objective on shares of Roblox in a report on Friday, February 6th. Wolfe Research set a $100.00 price target on shares of Roblox in a research report on Monday, January 5th. Wells Fargo & Company set a $97.00 price objective on shares of Roblox in a report on Monday, February 9th. UBS Group set a $74.00 target price on Roblox in a report on Friday, February 6th. Finally, B. Riley Financial initiated coverage on Roblox in a research report on Tuesday, December 9th. They issued a "buy" rating and a $125.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $117.52.

Get Our Latest Stock Report on RBLX

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Reyes Financial Architecture Inc. increased its stake in shares of Roblox by 164.4% during the fourth quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company's stock valued at $25,000 after purchasing an additional 194 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Roblox in the 3rd quarter worth approximately $26,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Roblox in the 4th quarter worth approximately $27,000. Total Investment Management Inc. purchased a new stake in shares of Roblox in the 2nd quarter worth approximately $29,000. Finally, GW&K Investment Management LLC grew its stake in shares of Roblox by 76.3% in the 4th quarter. GW&K Investment Management LLC now owns 372 shares of the company's stock worth $30,000 after buying an additional 161 shares during the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

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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