Roblox Corporation’s recently made public that its Chief People & Systems Officer Chakravarthy Arvind unloaded Company’s shares for reported $60157.0 on Feb 27 ’25. In the deal valued at $61.26 per share,982 shares were sold. As a result of this transaction, Chakravarthy Arvind now holds 204,261 shares worth roughly $12.7 million.
Then, 2020 DAVID BASZUCKI GIFT TRUST bought 14,486 shares, generating $921,889 in total proceeds.
Before that, THE BASZUCKI FAMILY FOUNDATION bought 39,014 shares. Roblox Corporation shares valued at $2,482,851 were divested by the Director at a price of $63.64 per share.
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 Monday, Roblox Corporation [NYSE:RBLX] saw its stock fall -2.29% to $62.18. Over the last five days, the stock has gained 1.82%. Roblox Corporation shares have risen nearly 7.47% since the year began. Nevertheless, the stocks have risen 54.83% 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 $63.90, while 200 days put it at $47.99.
Levels Of Support And Resistance For RBLX Stock
The 24-hour chart illustrates a support level at 60.97, which if violated will result in even more drops to 59.76. On the upside, there is a resistance level at 64.28. A further resistance level may holdings at 66.38. The Relative Strength Index (RSI) on the 14-day chart is 45.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.67%. Stochastics %K at 39.85% indicates the stock is a holding.
The most recent change occurred on July 16, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
