Roblox (NYSE:RBLX) Insider Sells $2,567,150.46 in Stock

Roblox Corporation (NYSE:RBLX) insider Arvind Chakravarthy sold 35,331 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $72.66, for a total value of $2,567,150.46. Following the completion of the sale, the insider owned 260,488 shares in the company, valued at approximately $18,927,058.08. This represents a 11.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Arvind Chakravarthy also recently made the following trade(s):

• On Wednesday, February 11th, Arvind Chakravarthy sold 40,646 shares of Roblox stock. The stock was sold at an average price of $67.23, for a total value of $2,732,630.58.
• On Wednesday, February 11th, Arvind Chakravarthy sold 19,918 shares of Roblox stock. The stock was sold at an average price of $67.29, for a total value of $1,340,282.22.
• On Thursday, November 20th, Arvind Chakravarthy sold 20,912 shares of Roblox stock. The shares were sold at an average price of $95.23, for a total value of $1,991,449.76.

Roblox Stock Performance

RBLX stock opened at $63.09 on Friday. The company has a 50-day simple moving average of $78.57 and a 200 day simple moving average of $106.11. The company has a market capitalization of $41.74 billion, a P/E ratio of -40.70 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 2.65. Roblox Corporation has a fifty-two week low of $50.10 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, February 5th. The company reported ($0.45) 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 net margin of 21.78% and a negative return on equity of 304.42%. Roblox’s quarterly revenue was up 122.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.33) EPS. Sell-side analysts predict that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Roblox

Institutional investors and hedge funds have recently modified their holdings of the stock. WPG Advisers LLC increased its stake in Roblox by 17.8% in the 3rd quarter. WPG Advisers LLC now owns 555 shares of the company’s stock worth $77,000 after purchasing an additional 84 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Roblox by 1.4% in the second quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after buying an additional 102 shares during the period. Sunbelt Securities Inc. increased its position in shares of Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock worth $39,000 after acquiring an additional 105 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of Roblox by 1.3% during the second quarter. Lido Advisors LLC now owns 8,529 shares of the company’s stock valued at $897,000 after acquiring an additional 106 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Roblox by 2.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock valued at $560,000 after acquiring an additional 110 shares in the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Roblox

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Macquarie Infrastructure increased their price target on Roblox from $158.00 to $164.00 and gave the company an “outperform” rating in a research note on Tuesday, November 4th. Wolfe Research set a $100.00 price objective on Roblox in a report on Monday, January 5th. Needham & Company LLC decreased their target price on Roblox from $159.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Barclays lowered their target price on Roblox from $130.00 to $115.00 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Finally, Roth Mkm raised shares of Roblox from a “neutral” rating to a “buy” rating and upped their price target for the company from $78.00 to $84.00 in a report on Monday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Roblox has a consensus 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.