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Roblox Corporation [RBLX] President & CEO makes an insider purchase of 229,167 shares worth 12.03 million.

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Roblox Corporation shares valued at $12,026,757 were sold by Baszucki David on Apr 07 ’25. At $52.48 per share, Baszucki David sold 229,167 shares. The insider’s holdings dropped to 221,983 shares worth approximately $12.46 million following the completion of this transaction.

Also, Baszucki David sold 84,931 shares, netting a total of over 4,457,192 in proceeds. Following the sale of shares at $52.48 each, the insider now holds 875 shares.

Before that, 2020 DAVID BASZUCKI GIFT TRUST had added 19,549 shares to its account. In a trade valued at $1,035,315, the Director bought Roblox Corporation shares for $52.96 each.

As published in a research note from Oppenheimer on April 10, 2025, Roblox Corporation [RBLX] has been rated up from a Perform to an Outperform and the price target has been revised to $70. Analysts at FBN Securities started covering the stock with ‘”a Sector perform”‘ outlook in a report released in late March. As of February 07, 2025, MoffettNathanson has decreased its “Neutral” rating to a “Sell” for RBLX. Earlier on December 12, 2024, HSBC Securities initiated its rating. Their recommendation was “a Buy” for RBLX stock.

Analyzing RBLX Stock Performance

During the last five days, there has been a drop of approximately -3.61%. Over the course of the year, Roblox Corporation shares have dropped approximately -3.01%. Shares of the company reached a 52-week high of $75.74 on 02/05/25 and a 52-week low of $50.10 on 04/07/25. A 50-day SMA is recorded $61.32, while a 200-day SMA reached $51.30.

Support And Resistance Levels for Roblox Corporation (RBLX)

According to the 24-hour chart, there is a support level at 54.47, which, if violated, would cause prices to drop to 52.81. In the upper region, resistance lies at 57.45. The next price resistance is at 58.78. RSI (Relative Strength Index) is 45.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.07, which suggests the price will decrease in the coming days. Percent R is at 55.99%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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