In a filing, Roblox Corporation revealed its Chief Product Officer Bronstein Manuel unloaded Company’s shares for reported $2.79 million on Feb 20 ’25. In the deal valued at $61.33 per share,45,519 shares were sold. As a result of this transaction, Bronstein Manuel now holds 613,650 shares worth roughly $37.48 million.
Then, Bronstein Manuel sold 3 shares, generating $92 in total proceeds. Upon selling the shares at $30.59, the Chief Product Officer now owns 659,169 shares.
Before that, Rawlings Amy Marie sold 4,468 shares. Roblox Corporation shares valued at $274,055 were divested by the Chief Accounting Officer at a price of $61.34 per share. As a result of the transaction, Rawlings Amy Marie now holds 75,583 shares, worth roughly $4.62 million.
MoffettNathanson downgraded its Roblox Corporation [RBLX] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering RBLX and has increased its forecast on November 04, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. BTIG Research maintained its rating on September 09, 2024. It rated RBLX as “a Buy”.
Price Performance Review of RBLX
On Friday, Roblox Corporation [NYSE:RBLX] saw its stock fall -2.30% to $61.07. Over the last five days, the stock has lost -8.51%. Roblox Corporation shares have risen nearly 5.55% since the year began. Nevertheless, the stocks have risen 49.90% over the past one year. While a 52-week high of $75.74 was reached on 02/05/25, a 52-week low of $29.55 was recorded on 01/02/25. SMA at 50 days reached $63.73, while 200 days put it at $47.33.
Levels Of Support And Resistance For RBLX Stock
The 24-hour chart illustrates a support level at 60.03, which if violated will result in even more drops to 59.00. On the upside, there is a resistance level at 61.97. A further resistance level may holdings at 62.88. The Relative Strength Index (RSI) on the 14-day chart is 38.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.61%. Stochastics %K at 13.71% indicates the stock is a buying.
The most recent change occurred on July 16, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
