Roblox Corporation’s recently made public that its Director THE BASZUCKI FAMILY FOUNDATION acquired Company’s shares for reported $1.27 million on Jan 31 ’25. In the deal valued at $71.38 per share,17,833 shares were bought.
Then, 2020 JAN BASZUCKI GIFT TRUST D bought 11,146 shares, generating $795,601 in total proceeds.
Before that, DAVID BRENT BASZUCKI bought 89,163 shares. Roblox Corporation shares valued at $6,364,455 were divested by the Director at a price of $71.38 per share.
HSBC Securities initiated its Roblox Corporation [RBLX] rating to a Buy in a research note published on December 12, 2024; the price target was $63. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early November from “an Equal-weight” to “an Overweight”. BTIG Research also remained covering RBLX and reiterated its “Buy” recommendation on September 09, 2024. Wolfe Research started covering the stock on July 16, 2024. It rated RBLX as “a Peer perform”.
Price Performance Review of RBLX
On Friday, Roblox Corporation [NYSE:RBLX] saw its stock fall -0.43% to $71.07. Over the last five days, the stock has gained 5.96%. Roblox Corporation shares have risen nearly 22.83% since the year began. Nevertheless, the stocks have risen 81.58% over the past one year. While a 52-week high of $71.76 was reached on 01/31/25, a 52-week low of $29.55 was recorded on 01/02/25. SMA at 50 days reached $59.52, while 200 days put it at $45.08.
Levels Of Support And Resistance For RBLX Stock
The 24-hour chart illustrates a support level at 70.25, which if violated will result in even more drops to 69.43. On the upside, there is a resistance level at 71.89. A further resistance level may holdings at 72.71. The Relative Strength Index (RSI) on the 14-day chart is 80.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.56%. Stochastics %K at 95.00% indicates the stock is a selling.
How much short interest is there in Roblox Corporation?
A steep rise in short interest was recorded in Roblox Corporation stocks on 2025-01-15, dropping by -3.76 million shares to a total of 21.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 25.11 million shares. There was a decline of -17.62%, which implies that there is a negative sentiment for the stock.
