rts logo

Why Roblox Corporation (RBLX) Stock Could See Much Higher Prices Ahead

Roblox Corporation (NYSE: RBLX) is 1.76% higher on its value in year-to-date trading and has touched a low of $29.55 and a high of $75.74 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 $56.91 in the last trading session, with the day’s gains setting it 1.97%.

Currently trading at $58.88, the stock is 1.38% and -2.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.08 million and changing 3.46% at the moment leaves the stock 14.08% off its SMA200. RBLX registered 53.45% gain for a year compared to 6-month gain of 41.54%. The firm has a 50-day simple moving average (SMA 50) of $60.5138 and a 200-day simple moving average (SMA200) of $51.61435.

The stock witnessed a 3.35% loss in the last 1 month and extending the period to 3 months gives it a -5.43%, and is 14.96% 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 6.55% over the week and 5.80% over the month.

Roblox Corporation (RBLX) has around 2474 employees, a market worth around $39.29B and $3.60B in sales. Profit margin for the company is -25.97%. Distance from 52-week low is 99.26% and -22.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-49.29%).

The EPS is expected to shrink by -3.11% this year.

Roblox Corporation (RBLX) Top Institutional Holders

1017.0 institutions hold shares in Roblox Corporation (RBLX), with institutional investors hold 85.35% of the company’s shares. The shares outstanding are 618.12M, and float is at 553.41M with Short Float at 2.61%. Institutions hold 79.79% 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 6.836 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 29.99 million shares representing 4.6651% and valued at over $1.12 billion, while BAILLIE GIFFORD & CO holds 4.5336 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 229,167 shares of the company’s common stock on Apr 07 ’25 at a price of $52.48 per share for a total of $12.03 million. Following the sale, the insider now owns 0.22 million shares.

Roblox Corporation disclosed in a document filed with the SEC on Apr 07 ’25 that Baszucki David (President & CEO) sold a total of 84,931 shares of the company’s common stock. The trade occurred on Apr 07 ’25 and was made at $52.48 per share for $4.46 million. Following the transaction, the insider now directly holds 875.0 shares of the RBLX stock.

Still, SEC filings show that on Apr 07 ’25, 2020 DAVID BASZUCKI GIFT TRUST (Director) Proposed Sale 19,549 shares at an average price of $52.96 for $1.04 million. The insider now directly holds shares of Roblox Corporation (RBLX).

Related Posts