Roblox Corporation (NYSE:RBLX – Get Free Report) Director Gregory Baszucki sold 16,666 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $37.46, for a total transaction of $624,308.36. Following the completion of the sale, the director owned 1,269,502 shares in the company, valued at approximately $47,555,544.92. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 Wednesday, July 1st, Gregory Baszucki sold 16,666 shares of Roblox stock. The stock was sold at an average price of $57.69, for a total transaction of $961,461.54.
Roblox Price Performance
Shares of RBLX stock opened at $36.11 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 7.82. Roblox Corporation has a 12-month low of $33.88 and a 12-month high of $142.00. The firm has a fifty day moving average of $48.46 and a 200-day moving average of $55.43. The firm has a market capitalization of $24.19 billion, a price-to-earnings ratio of -25.25 and a beta of 1.46.
Roblox announced that its Board of Directors has initiated a stock repurchase program on Tuesday, May 19th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the company to purchase up to 9.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.
Institutional Investors Weigh In On Roblox
A number of hedge funds and other institutional investors have recently bought and sold shares of RBLX. Norges Bank acquired a new stake in Roblox during the 4th quarter valued at $435,424,000. SRS Investment Management LLC acquired a new position in shares of Roblox in the fourth quarter valued at $238,065,000. Amundi raised its position in shares of Roblox by 83.7% in the first quarter. Amundi now owns 5,774,151 shares of the company’s stock valued at $326,586,000 after purchasing an additional 2,631,074 shares during the period. Capital International Investors raised its position in shares of Roblox by 7.3% in 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 during the period. Finally, ValueAct Holdings L.P. lifted its stake in shares of Roblox by 39.5% during the 4th quarter. ValueAct Holdings L.P. now owns 5,975,821 shares of the company’s stock worth $484,221,000 after buying an additional 1,692,600 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on RBLX. TD Cowen cut their price objective on Roblox from $49.00 to $40.00 and set a “hold” rating on the stock in a report on Friday, July 31st. Roth Capital set a $65.00 target price on shares of Roblox in a report on Tuesday, May 5th. Barclays cut their price target on shares of Roblox from $60.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Monday. Oppenheimer reduced their price target on shares of Roblox from $82.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Bank of America downgraded shares of Roblox from a “buy” rating to a “neutral” rating and set a $48.00 price objective for the company. in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $60.89.
Get Our Latest Stock Analysis on RBLX
More Roblox News
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Some investors view the selloff as a potential buying opportunity, arguing that Roblox’s user growth, creator ecosystem and long-term monetization potential may not be fully reflected in the current valuation. Roblox investment commentary
- Positive Sentiment: Roblox’s latest quarterly loss was narrower than analysts expected, and the company authorized a $3 billion share-repurchase program, which could provide valuation support if management believes the stock is undervalued.
- Neutral Sentiment: Director Gregory Baszucki sold approximately $624,000 of stock under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his direct ownership by 1.3%, but he continues to hold a substantial position, limiting the signal’s significance. SEC insider trading filing
- Negative Sentiment: Multiple law firms are publicizing a securities class-action lawsuit involving investors who purchased Roblox shares between October 31, 2024, and April 30, 2026. The notices cite alleged disclosures concerning the impact of age-verification and safety changes and highlight an August 7 lead-plaintiff deadline. The filings raise headline and potential legal-risk concerns, although the promotional notices do not establish wrongdoing. Pomerantz class-action notice
- Negative Sentiment: The earnings report showed revenue of $1.47 billion, below the $1.60 billion consensus estimate, despite an EPS beat. Revenue growth of 8.3% and concerns about reduced visibility have fueled worries that Roblox’s growth and monetization are slowing.
- Negative Sentiment: Citigroup, B. Riley, Piper Sandler and TD Cowen have reduced their forecasts or price targets, while Benchmark downgraded the stock to sell. The broadening analyst caution reinforces the bearish post-earnings narrative. Citigroup forecast
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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