Roblox (NYSE:RBLX) Director Anthony Lee Sells 66,000 Shares

Roblox Corporation (NYSE:RBLX) Director Anthony Lee sold 66,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $104.07, for a total value of $6,868,620.00. Following the transaction, the director directly owned 266,008 shares in the company, valued at approximately $27,683,452.56. This represents a 19.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Roblox Stock Performance

NYSE RBLX opened at $102.18 on Thursday. 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 Corporation has a 52-week low of $47.95 and a 52-week high of $150.59. The business’s 50-day moving average price is $129.22 and its 200 day moving average price is $110.29. The firm has a market cap of $66.91 billion, a P/E ratio of -71.45 and a beta of 1.61.

Roblox (NYSE:RBLX) last announced its earnings results 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. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period last year, the business posted ($0.37) EPS. The company’s revenue was up 70.3% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts expect that Roblox Corporation will post -1.49 earnings per share for the current year.

Institutional Investors Weigh In On Roblox

Several institutional investors have recently modified their holdings of RBLX. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Roblox during the 3rd quarter worth approximately $26,000. Total Investment Management Inc. purchased a new stake in Roblox during the second quarter worth $29,000. ORG Partners LLC purchased a new stake in Roblox during the second quarter worth $33,000. Larson Financial Group LLC boosted its position in Roblox by 819.0% during the first quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock worth $34,000 after purchasing an additional 516 shares in the last quarter. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Roblox in the 2nd quarter worth about $34,000. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Analyst Ratings Changes

RBLX has been the topic of a number of analyst reports. Wedbush reiterated an “outperform” rating and issued a $165.00 price objective on shares of Roblox in a research report on Thursday, September 4th. Morgan Stanley set a $170.00 target price on shares of Roblox and gave the company an “overweight” rating in a report on Monday, October 13th. Wolfe Research raised shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Friday, August 22nd. Arete raised Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price objective on the stock in a report on Tuesday, September 9th. Finally, The Goldman Sachs Group raised Roblox from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $155.00 to $180.00 in a report on Friday, October 31st. Twenty research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $136.41.

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.