Roblox (NYSE:RBLX) CFO Naveen Chopra Sells 19,424 Shares of Stock

Roblox Corporation (NYSE:RBLX) CFO Naveen Chopra sold 19,424 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $95.23, for a total transaction of $1,849,747.52. Following the completion of the sale, the chief financial officer owned 337,036 shares of the company’s stock, valued at approximately $32,095,938.28. The trade was a 5.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Roblox Stock Performance

NYSE:RBLX opened at $90.57 on Tuesday. The company has a market cap of $59.31 billion, a P/E ratio of -63.34 and a beta of 1.61. The firm’s 50 day moving average is $121.32 and its two-hundred day moving average is $113.56. Roblox Corporation has a fifty-two week low of $47.95 and a fifty-two week high of $150.59. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on RBLX. Wedbush reaffirmed an “outperform” rating and issued a $165.00 price objective on shares of Roblox in a research note on Thursday, September 4th. Cowen restated a “sell” rating on shares of Roblox in a report on Monday, August 18th. Macquarie upped their price objective on shares of Roblox from $158.00 to $164.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Finally, JPMorgan Chase & Co. lowered their price objective on Roblox from $160.00 to $145.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Twenty investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $136.41.

Institutional Trading of Roblox

A number of large investors have recently modified their holdings of RBLX. WPG Advisers LLC lifted its stake in Roblox by 17.8% during the third quarter. WPG Advisers LLC now owns 555 shares of the company’s stock valued at $77,000 after purchasing an additional 84 shares during the last quarter. Baird Financial Group Inc. increased 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 valued at $767,000 after buying an additional 102 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of Roblox by 58.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after acquiring an additional 105 shares during the last quarter. Lido Advisors LLC lifted its position in shares of Roblox by 1.3% during the 2nd 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 last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in shares of Roblox by 2.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock worth $560,000 after acquiring an additional 110 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

About Roblox

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.