Roblox Co. (NYSE:RBLX – Get Free Report) Director Anthony P. Lee sold 25,000 shares of Roblox stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $51.19, for a total value of $1,279,750.00. Following the transaction, the director now owns 5,706,695 shares in the company, valued at approximately $292,125,717.05. This trade represents a 0.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Roblox Price Performance
Shares of NYSE RBLX traded up $1.34 during mid-day trading on Tuesday, reaching $53.50. The company had a trading volume of 6,232,540 shares, compared to its average volume of 7,604,053. The business’s 50-day simple moving average is $46.49 and its 200 day simple moving average is $41.73. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.98 and a current ratio of 0.98. Roblox Co. has a one year low of $29.55 and a one year high of $55.10. The firm has a market cap of $32.50 billion, a price-to-earnings ratio of -32.64 and a beta of 1.50.
Roblox (NYSE:RBLX – Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.37) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.02. Roblox had a negative net margin of 30.90% and a negative return on equity of 986.36%. The business had revenue of $919.00 million during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the company earned ($0.45) EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, research analysts predict that Roblox Co. will post -1.56 earnings per share for the current fiscal year.
Analyst Ratings Changes
Get Our Latest Stock Analysis on RBLX
Institutional Trading of Roblox
Several institutional investors have recently modified their holdings of the business. V Square Quantitative Management LLC bought a new position in Roblox during the third quarter worth $27,000. Frazier Financial Advisors LLC lifted its holdings in shares of Roblox by 20,800.0% in the 3rd quarter. Frazier Financial Advisors LLC now owns 627 shares of the company’s stock worth $28,000 after purchasing an additional 624 shares in the last quarter. PARK CIRCLE Co bought a new stake in Roblox during the 2nd quarter valued at $30,000. Strategic Financial Concepts LLC bought a new position in shares of Roblox in the second quarter valued at $33,000. Finally, Gilliland Jeter Wealth Management LLC raised its holdings in shares of Roblox by 102.4% in the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 1,000 shares of the company’s stock worth $37,000 after acquiring an additional 506 shares during the last quarter. Institutional investors own 91.08% of the company’s stock.
Roblox Company Profile
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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