Roblox Corporation (NYSE: RBLX) is 27.53% higher on its value in year-to-date trading and has touched a low of $29.55 and a high of $71.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RBLX stock was last observed hovering at around $70.68 in the last trading session, with the day’s gains setting it 3.11%.
Currently trading at $73.79, the stock is 11.45% and 22.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.07 million and changing 4.40% at the moment leaves the stock 62.42% off its SMA200. RBLX registered 87.62% gain for a year compared to 6-month gain of 89.01%. The firm has a 50-day simple moving average (SMA 50) of $59.9142 and a 200-day simple moving average (SMA200) of $45.24565.
The stock witnessed a 25.41% loss in the last 1 month and extending the period to 3 months gives it a 42.67%, and is 7.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.20% over the week and 3.29% over the month.
Roblox Corporation (RBLX) has around 2457 employees, a market worth around $48.42B and $3.36B in sales. Profit margin for the company is -30.90%. Distance from 52-week low is 149.71% and 2.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.24%).
with sales reaching $1.37B over the same period.The EPS is expected to grow by 17.25% this year, but quarterly earnings will post 24.22% year-over-year. Quarterly sales are estimated to grow 21.84% in year-over-year returns.
Roblox Corporation (RBLX) Top Institutional Holders
951.0 institutions hold shares in Roblox Corporation (RBLX), with institutional investors hold 80.35% of the company’s shares. The shares outstanding are 607.45M, and float is at 540.63M with Short Float at 3.95%. Institutions hold 75.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 49.61 million shares valued at $1.85 billion. The investor’s holdings represent 7.812% of the RBLX Shares outstanding. As of 2024-06-30, the second largest holder is ALTOS VENTURES MANAGEMENT INC. with 43.94 million shares valued at $1.64 billion to account for 6.9199 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 29.99 million shares representing 4.7223% and valued at over $1.12 billion, while BAILLIE GIFFORD & CO holds 4.5892 of the shares totaling 29.14 million with a market value of $1.08 billion.
Roblox Corporation (RBLX) Insider Activity
The most recent transaction is an insider sale by Baszucki David, the company’s President & CEO. SEC filings show that Baszucki David sold 138,555 shares of the company’s common stock on Jan 30 ’25 at a price of $71.62 per share for a total of $9.92 million. Following the sale, the insider now owns 0.13 million shares.
Roblox Corporation disclosed in a document filed with the SEC on Jan 31 ’25 that Baszucki David (President & CEO) sold a total of 89,163 shares of the company’s common stock. The trade occurred on Jan 31 ’25 and was made at $71.67 per share for $6.39 million. Following the transaction, the insider now directly holds 0.13 million shares of the RBLX stock.
Still, SEC filings show that on Jan 30 ’25, Baszucki David (President & CEO) disposed off 62,351 shares at an average price of $71.62 for $4.47 million. The insider now directly holds 875 shares of Roblox Corporation (RBLX).
