Roblox Corporation (NYSE:RBLX – Get Free Report) Director Gregory Baszucki sold 16,666 shares of Roblox stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $42.87, for a total transaction of $714,471.42. Following the transaction, the director directly owned 1,252,836 shares in the company, valued at approximately $53,709,079.32. This represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
Gregory Baszucki also recently made the following trade(s):
- On Tuesday, September 1st, Gregory Baszucki sold 16,666 shares of Roblox stock. The shares were sold at an average price of $40.47, for a total transaction of $674,473.02.
- On Tuesday, August 4th, Gregory Baszucki sold 16,666 shares of Roblox stock. The shares were sold at an average price of $37.46, for a total transaction of $624,308.36.
Roblox Trading Up 2.6%
Shares of Roblox stock traded up $1.12 during trading hours on Friday, hitting $44.12. The company’s stock had a trading volume of 9,262,404 shares, compared to its average volume of 11,870,548. The company has a market capitalization of $29.56 billion, a PE ratio of -30.85 and a beta of 1.47. The company has a debt-to-equity ratio of 7.82, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a 50 day moving average of $42.41 and a 200 day moving average of $48.38. Roblox Corporation has a 12 month low of $33.88 and a 12 month high of $141.95.
- MarketBeat Week in <a href="https://comicvibe.com/lego-batman-legacy-of-the-dark-knight-review/” title=”LEGO Batman: Legacy of the Dark Knight Review”>Review – 05/04 – 05/08
Roblox (NYSE:RBLX – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.08. Roblox had a negative return on equity of 292.85% and a negative net margin of 17.60%.The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.60 billion. During the same quarter in the previous year, the business posted ($0.41) EPS. Roblox’s revenue for the quarter was up 8.3% on a year-over-year basis. Analysts predict that Roblox Corporation will post -1.39 earnings per share for the current year.
Analysts Set New Price Targets
RBLX has been the subject of several research analyst reports. UBS Group set a $40.00 price target on shares of Roblox in a report on Monday, September 21st. Seaport Research Partners lowered shares of Roblox to a “neutral” rating in a report on Monday, June 29th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Roblox in a research report on Monday, September 21st. Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, BMO Capital Markets cut Roblox from an “outperform” rating to a “market perform” rating and set a $45.00 target price for the company. in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Roblox currently has an average rating of “Hold” and an average target price of $60.79.
Ad Stansberry Research
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding – but now he believes he’s found something better.nnThis under-the-radar company sits at the intersection of America’s two most important industries, including AI, pays massive dividends, and attracted a famous money manager who put 60% of his multi-billion-dollar fund into it. Tilson is revealing the name and ticker symbol completely free – no credit card or email required.
Get the stock name and ticker symbol free of charge today
