Insider Selling: Roblox (NYSE:RBLX) Insider Sells $2,493,348.00 in Stock

Roblox Corporation (NYSE:RBLX) insider Mark Reinstra sold 34,320 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $72.65, for a total value of $2,493,348.00. Following the completion of the sale, the insider owned 454,322 shares in the company, valued at approximately $33,006,493.30. This trade represents a 7.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Mark Reinstra also recently made the following trade(s):

• On Thursday, November 20th, Mark Reinstra sold 16,782 shares of Roblox stock. The stock was sold at an average price of $95.24, for a total transaction of $1,598,317.68.

Roblox Price Performance

Shares of RBLX opened at $63.09 on Friday. The company’s 50-day moving average is $78.57 and its 200-day moving average is $106.11. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market capitalization of $41.74 billion, a PE ratio of -40.70 and a beta of 1.63. Roblox Corporation has a fifty-two week low of $50.10 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLX) last announced its earnings results on Thursday, February 5th. The company reported ($0.45) EPS for the quarter, topping the consensus estimate of ($0.49) by $0.04. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $2.08 billion. Roblox had a negative net margin of 21.78% and a negative return on equity of 304.42%. Roblox’s revenue was up 122.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.33) EPS. Equities analysts forecast that Roblox Corporation will post -1.49 EPS for the current year.

Institutional Investors Weigh In On Roblox

A number of large investors have recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Roblox in the 4th quarter valued at approximately $435,424,000. Vanguard Group Inc. increased its stake in Roblox by 5.6% in the third quarter. Vanguard Group Inc. now owns 62,437,998 shares of the company’s stock valued at $8,648,911,000 after acquiring an additional 3,284,073 shares during the last quarter. Capital International Investors raised its position in Roblox by 7.3% during the fourth quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock valued at $2,589,282,000 after purchasing an additional 2,184,439 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Roblox by 99.5% during the fourth quarter. BNP Paribas Financial Markets now owns 3,377,673 shares of the company’s stock worth $273,693,000 after purchasing an additional 1,684,411 shares during the last quarter. Finally, Federated Hermes Inc. boosted its holdings in shares of Roblox by 103.0% in the 2nd quarter. Federated Hermes Inc. now owns 3,245,338 shares of the company’s stock valued at $341,410,000 after purchasing an additional 1,646,871 shares in the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox News Roundup

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Roth Capital upgraded RBLX to a “Buy”, which can boost short-term sentiment and provide analyst support for a rebound. Roth Capital upgrades Roblox (RBLX) to buy
• Neutral Sentiment: Market write-ups and explainers contextualize the selloff (valuation, mixed earnings vs. estimates) but don’t add a new catalyst. Useful background for positioning. Why Roblox Corporation’s (RBLX) Stock Is Down 5.99%
• Negative Sentiment: Regulatory child-safety probes (Australia and testing of compliance) raise near-term legal, reputational and user-growth risks — this can pressure valuation and advertiser/partner confidence. Regulatory Child Safety Probes Put Roblox Valuation And Growth Under Question
• Negative Sentiment: Clustered insider selling: multiple executives (including CEO David Baszucki and other senior insiders) sold large blocks in early Feb., representing multi‑million-dollar disposals — investors often view concentrated insider sales as a negative signal. Roblox Insiders Sell US$45m Of Stock, Possibly Signalling Caution

Wall Street Analyst Weigh In

RBLX has been the subject of several research reports. Roth Mkm raised Roblox from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $78.00 to $84.00 in a report on Monday. TD Cowen reissued a “sell” rating on shares of Roblox in a report on Tuesday, January 27th. Piper Sandler restated an “overweight” rating and issued a $100.00 price target (down from $125.00) on shares of Roblox in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Roblox in a research report on Monday, December 29th. Finally, BTIG Research reissued a “buy” rating and issued a $141.00 price objective on shares of Roblox in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $119.44.

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.