Roblox (NYSE:RBLX) CFO Naveen Chopra Sells 17,509 Shares

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.

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