Roblox Corporation (NYSE:RBLX – Get Free Report) Director Gregory Baszucki sold 16,666 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $57.69, for a total value of $961,461.54. Following the completion of the transaction, the director directly owned 1,277,835 shares of the company’s stock, valued at approximately $73,718,301.15. This trade represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Gregory Baszucki also recently made the following trade(s):
- On Tuesday, May 5th, Gregory Baszucki sold 16,666 shares of Roblox stock. The stock was sold at an average price of $44.97, for a total value of $749,470.02.
Roblox Stock Down 4.6%
Shares of RBLX stock opened at $55.29 on Friday. The stock has a 50 day moving average of $47.73 and a 200 day moving average of $61.07. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.45. The stock has a market cap of $37.13 billion, a P/E ratio of -34.99 and a beta of 1.41. Roblox Corporation has a twelve month low of $40.15 and a twelve month high of $150.59.
Roblox declared that its board has authorized a stock repurchase plan on Tuesday, May 19th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the company to repurchase up to 9.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.
Roblox News Summary
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Roblox announced a partnership with EDO to create TV-style advertising benchmarks inside its platform, a potentially bullish move that could help attract more brand spending and support long-term monetization. Roblox (RBLX) Partners With EDO To Bring TV Style Ad Benchmarks In Game
- Neutral Sentiment: Several investor-rights firms, including Rosen, Bernstein Liebhard, and Faruqi & Faruqi, reminded shareholders of the August 7 lead-plaintiff deadline in the securities class action. These updates mainly reiterate existing litigation rather than adding new business developments. Roblox Investors With Losses Have Until August 7, 2026 To Join Securities Class Action
- Negative Sentiment: A director, Gregory Baszucki, sold 16,666 shares under a pre-arranged 10b5-1 plan. While routine, insider selling can still weigh on sentiment when investors are already focused on legal and user-growth concerns. Gregory Baszucki Insider Transaction
- Negative Sentiment: The ongoing securities class action and repeated investor notices highlight allegations tied to Roblox’s user metrics and age-check rollout, reinforcing headline risk that may continue to pressure the stock. Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Hedge Funds Weigh In On Roblox
Several hedge funds and other institutional investors have recently added to or reduced their stakes in RBLX. Baird Financial Group Inc. grew its stake 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 Roblox by 58.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock worth $39,000 after acquiring an additional 105 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in 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. NewEdge Advisors LLC boosted its holdings in Roblox by 1.3% in the 2nd quarter. NewEdge Advisors LLC now owns 10,374 shares of the company’s stock worth $1,091,000 after acquiring an additional 138 shares during the period. Finally, L2 Asset Management LLC boosted its holdings in Roblox by 5.9% in the 3rd quarter. L2 Asset Management LLC now owns 2,783 shares of the company’s stock worth $386,000 after acquiring an additional 154 shares during the period. 94.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
RBLX has been the subject of a number of recent analyst reports. HSBC cut shares of Roblox from a “buy” rating to a “hold” rating and set a $46.00 price objective for the company. in a report on Friday, May 1st. Bank of America cut Roblox from a “buy” rating to a “neutral” rating and set a $48.00 target price on the stock. in a research report on Friday, May 1st. Wolfe Research began coverage on Roblox in a research report on Friday, May 1st. They set an “outperform” rating on the stock. Raymond James Financial began coverage on Roblox in a research note on Monday. They issued a “market perform” rating for the company. Finally, UBS Group assumed coverage on Roblox in a research report on Monday. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $85.48.
Check Out Our Latest Analysis on Roblox
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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