Roblox (NYSE:RBLX) Insider Sells $2,181,970.10 in Stock

Roblox Corporation (NYSE:RBLX) insider Matthew Kaufman sold 30,034 shares of Roblox stock in a transaction that occurred 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 directly owned 307,263 shares in the company, valued at $22,322,656.95. This trade represents a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Roblox Price Performance

RBLX stock opened at $63.09 on Friday. 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 Corporation has a 52 week low of $50.10 and a 52 week high of $150.59. The firm’s fifty day moving average is $78.57 and its 200 day moving average is $106.11. The firm has a market cap of $41.74 billion, a P/E ratio of -40.70 and a beta of 1.63.

Roblox (NYSE:RBLX) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($0.45) earnings per share for the quarter, topping the consensus estimate of ($0.49) by $0.04. Roblox had a negative net margin of 21.78% and a negative return on equity of 304.42%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the previous year, the firm posted ($0.33) earnings per share. The firm’s revenue for the quarter was up 122.6% on a year-over-year basis. Research analysts predict that Roblox Corporation will post -1.49 earnings per share for the current year.

Roblox News Roundup

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Roth Capital upgraded RBLX to a “Buy”, which can boost short-term sentiment and provide analyst support for a rebound. Roth Capital upgrades Roblox (RBLX) to buy
• Neutral Sentiment: Market write-ups and explainers contextualize the selloff (valuation, mixed earnings vs. estimates) but don’t add a new catalyst. Useful background for positioning. Why Roblox Corporation’s (RBLX) Stock Is Down 5.99%
• Negative Sentiment: Regulatory child-safety probes (Australia and testing of compliance) raise near-term legal, reputational and user-growth risks — this can pressure valuation and advertiser/partner confidence. Regulatory Child Safety Probes Put Roblox Valuation And Growth Under Question
• Negative Sentiment: Clustered insider selling: multiple executives (including CEO David Baszucki and other senior insiders) sold large blocks in early Feb., representing multi‑million-dollar disposals — investors often view concentrated insider sales as a negative signal. Roblox Insiders Sell US$45m Of Stock, Possibly Signalling Caution

Institutional Trading of Roblox

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Reyes Financial Architecture Inc. increased its position in Roblox by 164.4% during the 4th quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock valued at $25,000 after purchasing an additional 194 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Roblox during the 3rd quarter valued at about $26,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Roblox during the fourth quarter valued at about $27,000. Total Investment Management Inc. bought a new position in Roblox in the second quarter worth about $29,000. Finally, GW&K Investment Management LLC raised its stake in Roblox by 76.3% in the fourth quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock worth $30,000 after buying an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. UBS Group set a $74.00 price target on Roblox in a research note on Friday, February 6th. TD Cowen reaffirmed a “sell” rating on shares of Roblox in a research note on Tuesday, January 27th. Oppenheimer lowered their price target on shares of Roblox from $150.00 to $130.00 and set an “outperform” rating for the company in a report on Friday, February 6th. BTIG Research reissued a “buy” rating and set a $141.00 price target on shares of Roblox in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Roblox from $100.00 to $75.00 and set a “neutral” rating on the stock 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 assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Roblox presently has an average rating of “Moderate Buy” and a consensus target price of $119.44.

About Roblox

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.