Amy Marie Rawlings Sells 2,642 Shares of Roblox (NYSE:RBLX) Stock

Roblox Corporation (NYSE:RBLXGet Free Report) CAO Amy Marie Rawlings sold 2,642 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.24, for a total value of $251,624.08. Following the transaction, the chief accounting officer owned 46,452 shares of the company’s stock, valued at $4,424,088.48. The trade was a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Roblox Trading Up 1.5%

NYSE:RBLX traded up $1.32 on Monday, reaching $90.57. The company’s stock had a trading volume of 11,920,323 shares, compared to its average volume of 9,408,730. The firm has a market cap of $59.31 billion, a PE ratio of -63.34 and a beta of 1.61. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.96 and a current ratio of 0.96. The business’s 50-day moving average price is $121.32 and its two-hundred day moving average price is $113.56. Roblox Corporation has a 1-year low of $47.95 and a 1-year high of $150.59.

Roblox (NYSE:RBLXGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, beating the consensus estimate of ($0.44) by $0.07. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.Roblox’s revenue for the quarter was up 70.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Roblox in the 3rd quarter valued at about $26,000. Total Investment Management Inc. bought a new position in Roblox in the second quarter valued at approximately $29,000. ORG Partners LLC acquired a new stake in shares of Roblox in the second quarter valued at about $33,000. Whipplewood Advisors LLC bought a new position in shares of Roblox during the second quarter worth about $34,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Roblox in the third quarter worth approximately $37,000. 94.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RBLX. Needham & Company LLC reissued a “buy” rating and issued a $159.00 target price on shares of Roblox in a research report on Friday, October 31st. Benchmark restated a “hold” rating on shares of Roblox in a research note on Friday, October 31st. Arete Research set a $116.00 price objective on Roblox in a report on Tuesday, September 9th. Canaccord Genuity Group set a $160.00 target price on Roblox in a research report on Thursday, October 30th. Finally, Wolfe Research upgraded 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. Twenty research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Roblox presently has an average rating of “Moderate Buy” and a consensus price target of $136.41.

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About Roblox

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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.

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