Roblox Corporation (NYSE:RBLX - Get Free Report) insider Mark Reinstra sold 5,978 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $41.71, for a total transaction of $249,342.38. Following the sale, the insider owned 426,760 shares of the company's stock, valued at approximately $17,800,159.60. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Reinstra also recently made the following trade(s):
- On Thursday, May 21st, Mark Reinstra sold 5,460 shares of Roblox stock. The stock was sold at an average price of $46.40, for a total transaction of $253,344.00.
- On Wednesday, May 20th, Mark Reinstra sold 17,275 shares of Roblox stock. The stock was sold at an average price of $45.28, for a total transaction of $782,212.00.
- On Monday, April 13th, Mark Reinstra sold 18,653 shares of Roblox stock. The stock was sold at an average price of $57.94, for a total transaction of $1,080,754.82.
Roblox Stock Up 1.1%
Shares of NYSE RBLX opened at $42.30 on Tuesday. The firm has a market cap of $28.41 billion, a PE ratio of -26.77 and a beta of 1.44. Roblox Corporation has a 12-month low of $40.15 and a 12-month high of $150.59. The company's fifty day simple moving average is $51.01 and its 200 day simple moving average is $66.78. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.45.
Roblox (NYSE:RBLX - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.06. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. Roblox's revenue was up 43.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.32) earnings per share. As a group, sell-side analysts forecast that Roblox Corporation will post -1.4 earnings per share for the current fiscal year.
Roblox declared that its Board of Directors has initiated a stock buyback program on Tuesday, May 19th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.
Key Roblox News
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Roblox authorized its first-ever share buyback program, allowing the company to repurchase up to $3 billion of stock, with up to $1 billion planned over the next 12 months. Buybacks can signal management confidence and provide support for the share price. Roblox Corporation (RBLX) Authorizes First $3B Share Repurchase Program
- Positive Sentiment: Separately, recent commentary highlighted a bullish investment thesis on Roblox, with some analysts and investors viewing the stock as oversold and potentially attractive at current levels. Is Roblox Corporation (RBLX) A Good Stock To Buy Now?
- Neutral Sentiment: Roblox’s insider Mark Reinstra sold 5,978 shares under a pre-arranged 10b5-1 plan. The sale was disclosed to the SEC and does not necessarily indicate a change in outlook, though investors may still view insider selling cautiously.
- Negative Sentiment: Multiple law firms are alerting investors to a class-action lawsuit covering purchasers of Roblox stock between October 30, 2025 and April 30, 2026, with a lead-plaintiff deadline of August 7, 2026. These notices can add legal overhang and pressure sentiment. RBLX INVESTOR ALERT: Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead the Roblox Class Action Lawsuit – RGRD Law
- Negative Sentiment: Additional lawsuit reminders from Robbins LLP, Faruqi & Faruqi, and Levi & Korsinsky reinforce the same legal risk around alleged securities issues, keeping the stock in the spotlight for the wrong reasons. Investor Notice: Robbins LLP Informs Investors of the Roblox Corporation Class Action Lawsuit
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Roblox by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 63,458,784 shares of the company's stock valued at $5,142,065,000 after purchasing an additional 1,020,786 shares in the last quarter. Capital International Investors lifted its position in shares of Roblox by 7.3% during the fourth quarter. Capital International Investors now owns 31,953,301 shares of the company's stock valued at $2,589,282,000 after purchasing an additional 2,184,439 shares in the last quarter. Morgan Stanley lifted its position in shares of Roblox by 8.1% during the fourth quarter. Morgan Stanley now owns 20,728,914 shares of the company's stock valued at $1,679,664,000 after purchasing an additional 1,555,549 shares in the last quarter. State Street Corp lifted its position in shares of Roblox by 3.3% during the fourth quarter. State Street Corp now owns 13,812,362 shares of the company's stock valued at $1,119,216,000 after purchasing an additional 442,518 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Roblox by 4.7% during the fourth quarter. Geode Capital Management LLC now owns 12,220,045 shares of the company's stock valued at $988,002,000 after purchasing an additional 547,103 shares in the last quarter. 94.46% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on RBLX. HSBC lowered shares of Roblox from a "buy" rating to a "hold" rating and set a $46.00 target price on the stock. in a research note on Friday, May 1st. Wolfe Research started coverage on shares of Roblox in a research note on Friday, May 1st. They issued an "outperform" rating on the stock. The Goldman Sachs Group dropped their price objective on shares of Roblox from $125.00 to $65.00 and set a "buy" rating on the stock in a research note on Friday, May 1st. Wall Street Zen lowered shares of Roblox from a "hold" rating to a "sell" rating in a research note on Saturday, May 30th. Finally, TD Cowen raised shares of Roblox from a "sell" rating to a "hold" rating and dropped their price objective for the company from $54.00 to $49.00 in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Roblox currently has an average rating of "Hold" and a consensus price target of $87.07.
Get Our Latest Analysis on RBLX
About Roblox
(
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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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