Roblox Co. (NYSE:RBLX) CAO Sells $382,135.00 in Stock

Roblox Co. (NYSE:RBLXGet Free Report) CAO Amy Marie Rawlings sold 5,879 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $65.00, for a total value of $382,135.00. Following the completion of the sale, the chief accounting officer now owns 75,528 shares of the company’s stock, valued at $4,909,320. The trade was a 7.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Amy Marie Rawlings also recently made the following trade(s):

  • On Friday, November 22nd, Amy Marie Rawlings sold 3,601 shares of Roblox stock. The stock was sold at an average price of $49.32, for a total transaction of $177,601.32.
  • On Wednesday, November 20th, Amy Marie Rawlings sold 6,054 shares of Roblox stock. The shares were sold at an average price of $51.43, for a total transaction of $311,357.22.
  • On Monday, November 4th, Amy Marie Rawlings sold 2,186 shares of Roblox stock. The shares were sold at an average price of $52.90, for a total transaction of $115,639.40.

Roblox Trading Up 1.7 %

NYSE:RBLX opened at $67.12 on Friday. Roblox Co. has a 52 week low of $29.55 and a 52 week high of $67.32. The stock has a market cap of $40.78 billion, a price-to-earnings ratio of -40.93 and a beta of 1.43. The company’s 50 day moving average price is $58.12 and its 200-day moving average price is $48.35. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.64.

Roblox (NYSE:RBLXGet Free Report) last posted its earnings results on Thursday, October 31st. The company reported ($0.37) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.02. The business had revenue of $919.00 million during the quarter, compared to analyst estimates of $1.02 billion. Roblox had a negative return on equity of 986.36% and a negative net margin of 30.90%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.45) EPS. On average, equities research analysts forecast that Roblox Co. will post -1.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. BTIG Research boosted their price target on Roblox from $51.00 to $56.00 and gave the company a “buy” rating in a report on Friday, November 1st. Morgan Stanley upped their target price on Roblox from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Benchmark boosted their price objective on shares of Roblox from $44.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. lifted their target price on shares of Roblox from $62.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. Finally, CICC Research began coverage on shares of Roblox in a research note on Tuesday, January 14th. They issued an “outperform” rating for the company. Seven equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Roblox currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.48.

View Our Latest Stock Report on RBLX

Hedge Funds Weigh In On Roblox

Hedge funds have recently bought and sold shares of the business. Simon Quick Advisors LLC grew its stake in shares of Roblox by 4.6% in the fourth quarter. Simon Quick Advisors LLC now owns 4,915 shares of the company’s stock worth $284,000 after acquiring an additional 217 shares during the period. Versant Capital Management Inc raised its stake in Roblox by 83.9% during the 4th quarter. Versant Capital Management Inc now owns 524 shares of the company’s stock valued at $30,000 after buying an additional 239 shares during the last quarter. Impact Partnership Wealth LLC lifted its holdings in shares of Roblox by 3.8% during the 3rd quarter. Impact Partnership Wealth LLC now owns 6,730 shares of the company’s stock valued at $298,000 after buying an additional 245 shares during the period. GAMMA Investing LLC boosted its stake in shares of Roblox by 29.2% in the 4th quarter. GAMMA Investing LLC now owns 1,200 shares of the company’s stock worth $69,000 after buying an additional 271 shares during the last quarter. Finally, Metis Global Partners LLC grew its holdings in shares of Roblox by 5.0% in the third quarter. Metis Global Partners LLC now owns 6,003 shares of the company’s stock worth $266,000 after acquiring an additional 288 shares during the period. Hedge funds and other institutional investors own 94.46% of the company’s stock.

About Roblox

(Get Free Report)

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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Insider Buying and Selling by Quarter for Roblox (NYSE:RBLX)

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