Roblox (NYSE:RBLX) Insider Matthew Kaufman Sells 6,000 Shares of Stock

Roblox Corporation (NYSE:RBLX) insider Matthew Kaufman sold 6,000 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $101.48, for a total value of $608,880.00. Following the completion of the transaction, the insider owned 260,642 shares of the company’s stock, valued at $26,449,950.16. This trade represents a 2.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Roblox Stock Performance

Shares of NYSE:RBLX traded down $1.49 during midday trading on Monday, reaching $105.35. The company had a trading volume of 6,302,671 shares, compared to its average volume of 8,567,465. The stock has a market cap of $68.99 billion, a P/E ratio of -73.67 and a beta of 1.61. The company’s 50 day moving average price is $128.35 and its 200 day moving average price is $111.23. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a 52-week low of $47.95 and a 52-week high of $150.59.

Roblox (NYSE:RBLX) last posted its quarterly earnings data on Thursday, October 30th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.07. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.64 billion. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The firm’s quarterly revenue was up 70.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.37) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Institutional Investors Weigh In On Roblox

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Roblox in the third quarter valued at approximately $26,000. Total Investment Management Inc. purchased a new stake in Roblox in the 2nd quarter worth approximately $29,000. ORG Partners LLC bought a new position in Roblox in the 2nd quarter valued at $33,000. Larson Financial Group LLC grew its position in shares of Roblox by 819.0% during the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after purchasing an additional 516 shares in the last quarter. Finally, Whipplewood Advisors LLC bought a new position in shares of Roblox in the second quarter worth $34,000. 94.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on RBLX shares. Barclays upped their price objective on Roblox from $120.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, October 31st. Macquarie upped their price target on Roblox from $158.00 to $164.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Arete Research set a $116.00 price target on Roblox in a research note on Tuesday, September 9th. JPMorgan Chase & Co. lowered their price objective on Roblox from $160.00 to $145.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, Morgan Stanley set a $170.00 price objective on shares of Roblox and gave the company an “overweight” rating in a report on Monday, October 13th. Twenty research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.41.

Roblox Company Profile

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.