Roblox Corporation (NYSE:RBLX – Get Free Report) insider Mark Reinstra sold 6,250 shares of Roblox stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $40.00, for a total value of $250,000.00. Following the completion of the transaction, the insider owned 415,998 shares in the company, valued at approximately $16,639,920. This represents a 1.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
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Mark Reinstra also recently made the following trade(s):
- On Monday, July 6th, Mark Reinstra sold 4,512 shares of Roblox stock. The shares were sold at an average price of $57.34, for a total value of $258,718.08.
- On Monday, June 8th, Mark Reinstra sold 5,978 shares of Roblox stock. The shares were sold at an average price of $41.71, for a total value of $249,342.38.
Roblox Trading Down 0.4%
RBLX stock traded down $0.17 during trading on Thursday, hitting $38.52. 11,454,938 shares of the company traded hands, compared to its average volume of 11,965,261. The company has a 50-day moving average of $47.31 and a 200-day moving average of $52.96. The company has a debt-to-equity ratio of 7.82, a quick ratio of 0.82 and a current ratio of 0.82. Roblox Corporation has a 1 year low of $33.88 and a 1 year high of $142.00. The firm has a market capitalization of $25.81 billion, a PE ratio of -26.94 and a beta of 1.46.
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Roblox (NYSE:RBLX – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm earned ($0.41) EPS. The business’s quarterly revenue 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 fiscal year.
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