Roblox Corporation (NYSE:RBLX – Get Free Report) CFO Naveen Chopra sold 17,509 shares of Roblox stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $37.96, for a total value of $664,641.64. Following the completion of the transaction, the chief financial officer owned 363,249 shares of the company’s stock, valued at approximately $13,788,932.04. The trade was a 4.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Roblox Stock Performance
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
Shares of NYSE RBLX traded up $0.33 during trading on Monday, reaching $38.70. The stock had a trading volume of 8,331,997 shares, compared to its average volume of 11,929,390. The company has a debt-to-equity ratio of 7.82, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market cap of $25.93 billion, a PE ratio of -27.06 and a beta of 1.46. Roblox Corporation has a one year low of $33.88 and a one year high of $142.00. The firm’s 50 day moving average price is $47.11 and its two-hundred day moving average price is $52.57.
Roblox (NYSE:RBLX – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.60 billion. During the same period last year, the business posted ($0.41) earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. On average, research analysts forecast that Roblox Corporation will post -1.39 earnings per share for the current fiscal year.
Ad Behind the Markets
Someone just dumped the biggest gold fund.
Investors pulled 2.9 billion dollars from the world’s largest gold fund in a single day this March, pushing total outflows to 14 billion.nnAt the same time, the World Gold Council recorded the highest quarterly central bank gold buying on record, with buyers taking physical delivery instead of paper shares.
Discover the company on the buying side before the September 30th delivery date.
