Roblox (NYSE:RBLX) Insider Sells $810,120.00 in Stock

Roblox Corporation (NYSE:RBLX) insider Matthew Kaufman sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $135.02, for a total transaction of $810,120.00. Following the sale, the insider owned 272,642 shares in the company, valued at approximately $36,812,122.84. This trade represents a 2.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Roblox Trading Up 3.0%

Shares of Roblox stock opened at $126.33 on Tuesday. Roblox Corporation has a fifty-two week low of $37.50 and a fifty-two week high of $150.59. The business’s fifty day moving average is $129.01 and its two-hundred day moving average is $99.88. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The firm has a market cap of $81.49 billion, a PE ratio of -88.34 and a beta of 1.63.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the company posted ($0.32) earnings per share. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on RBLX. Barclays increased their price objective on shares of Roblox from $62.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Bank of America increased their price target on shares of Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a research note on Monday, September 8th. Wedbush reissued an “outperform” rating and set a $165.00 price objective on shares of Roblox in a research note on Thursday, September 4th. Citigroup upped their price objective on Roblox from $123.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Finally, Canaccord Genuity Group lifted their target price on Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Roblox has an average rating of “Moderate Buy” and a consensus price target of $126.72.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Total Investment Management Inc. purchased a new stake in shares of Roblox during the 2nd quarter valued at about $29,000. ORG Partners LLC acquired a new stake in Roblox in the second quarter valued at approximately $33,000. Larson Financial Group LLC raised its stake in shares of Roblox by 819.0% during the first quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after purchasing an additional 516 shares during the period. Whipplewood Advisors LLC acquired a new position in shares of Roblox during the second quarter worth $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Roblox in the first quarter valued at $39,000. Institutional investors and hedge funds own 94.46% of the company’s stock.

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.