Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Roblox Corporation shares valued at $345,000 were purchased by Kaufman Matthew D on Mar 20 ’25. At $57.50 per share, Kaufman Matthew D acquired 6,000 shares.
Also, Baszucki David sold 34,099 shares, netting a total of over 1,945,226 in proceeds. Following the sale of shares at $57.05 each, the insider now holds 221,983 shares.
Before that, Baszucki David had sold 6,819 shares from its account. In a trade valued at $388,999, the President & CEO traded Roblox Corporation shares for $57.05 each. Upon closing the transaction, the insider’s holdings decreased to 6,819 shares, worth approximately $52062.5.
As published in a research note from MoffettNathanson on February 07, 2025, Roblox Corporation [RBLX] has been rated down from a Neutral to a Sell and the price target has been revised to $34. Analysts at HSBC Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of November 04, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for RBLX. Earlier on September 09, 2024, BTIG Research resumed its rating. Their recommendation was “a Buy” for RBLX stock.
Analyzing RBLX Stock Performance
During the last five days, there has been a surge of approximately 2.73%. Over the course of the year, Roblox Corporation shares have jumped approximately 2.83%. Shares of the company reached a 52-week high of $75.74 on 02/05/25 and a 52-week low of $52.30 on 03/10/25. A 50-day SMA is recorded $63.28, while a 200-day SMA reached $50.24.
Support And Resistance Levels for Roblox Corporation (RBLX)
According to the 24-hour chart, there is a support level at 58.91, which, if violated, would cause prices to drop to 58.32. In the upper region, resistance lies at 60.35. The next price resistance is at 61.20. RSI (Relative Strength Index) is 48.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.71, which suggests the price will increase in the coming days. Percent R is at 30.50%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
