Roblox Corporation (NYSE:RBLX – Get Free Report) CEO David Baszucki sold 66,896 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $84.73, for a total transaction of $5,668,098.08. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
David Baszucki also recently made the following trade(s):
- On Thursday, November 20th, David Baszucki sold 10,584 shares of Roblox stock. The shares were sold at an average price of $95.24, for a total value of $1,008,020.16.
- On Tuesday, November 11th, David Baszucki sold 66,896 shares of Roblox stock. The shares were sold at an average price of $104.53, for a total transaction of $6,992,638.88.
Roblox Trading Down 2.3%
Shares of Roblox stock opened at $81.96 on Friday. The stock has a market cap of $53.67 billion, a P/E ratio of -57.31 and a beta of 1.62. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. The business’s 50 day moving average is $105.94 and its 200-day moving average is $114.47. Roblox Corporation has a 12-month low of $50.10 and a 12-month high of $150.59.
Key Headlines Impacting Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Brand partnership that can boost engagement — e.l.f. Beauty launched “Glow Up!” on Roblox, a branded virtual makeup game aimed at older teens that could drive user engagement, time spent and branded revenue opportunities. e.l.f. Beauty Launches Glow Up!
- Positive Sentiment: Analyst/long‑term bullish thesis remains — a published analysis argues RBLX is a buy based on solid user and revenue growth and accelerating cash flow, supporting a longer‑term growth narrative despite valuation and regulatory risks. Roblox: Russia Says No, Disney Says No, I Say Yes
- Neutral Sentiment: Short‑term price moves noted by market outlets — recent Zacks pieces highlight the stock’s daily declines, reflecting current market sentiment and volatility rather than new fundamental changes. Roblox (RBLX) Stock Declines While Market Improves
- Negative Sentiment: Shareholder litigation/SEC‑style investigation announced — Robbins Geller Rudman & Dowd said it is investigating potential securities law violations involving Roblox, which raises litigation risk and can pressure the stock until resolved. RBLX ALERT: Investigation Launched into Roblox
- Negative Sentiment: Insider selling disclosed — CEO David Baszucki sold ~66,896 shares (~$5.7M) in a reported Form 4 filing; insider sales can be perceived negatively by investors even if done for diversification or tax reasons. SEC Form 4 — Baszucki Sale
- Negative Sentiment: Regulatory/geopolitical hit — Reuters reports Russia has moved to ban Roblox access, which could reduce addressable market and adds geopolitical/regulatory uncertainty for the platform. Russian ban on Roblox stirs debate
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. Raymond James Financial reissued an “outperform” rating and issued a $165.00 price target (up from $155.00) on shares of Roblox in a report on Tuesday, October 14th. Canaccord Genuity Group set a $160.00 price objective on Roblox in a report on Thursday, October 30th. Wolfe Research raised shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Friday, August 22nd. Morgan Stanley restated an “overweight” rating on shares of Roblox in a research report on Thursday, December 11th. Finally, Piper Sandler set a $130.00 price target on Roblox in a research note on Friday, October 31st. Eighteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roblox presently has an average rating of “Moderate Buy” and an average target price of $135.88.
View Our Latest Report on RBLX
Hedge Funds Weigh In On Roblox
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Pilgrim Partners Asia Pte Ltd acquired a new position in Roblox during the third quarter worth $26,000. Total Investment Management Inc. purchased a new position in shares of Roblox in the 2nd quarter worth about $29,000. ORG Partners LLC purchased a new stake in Roblox during the second quarter worth about $33,000. Whipplewood Advisors LLC purchased a new stake in Roblox during the second quarter worth about $34,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in Roblox in the third quarter worth about $37,000. 94.46% of the stock is owned by institutional investors and hedge funds.
Roblox Company Profile
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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