In a filing, Roblox Corporation revealed its President & CEO Baszucki David unloaded Company’s shares for reported $12.03 million on Apr 07 ’25. In the deal valued at $52.48 per share,229,167 shares were sold. As a result of this transaction, Baszucki David now holds 221,983 shares worth roughly $13.8 million.
Then, Baszucki David sold 84,931 shares, generating $4,457,192 in total proceeds. Upon selling the shares at $52.48, the President & CEO now owns 875 shares.
Before that, 2020 DAVID BASZUCKI GIFT TRUST bought 19,549 shares. Roblox Corporation shares valued at $1,035,315 were divested by the Director at a price of $52.96 per share.
Oppenheimer upgraded its Roblox Corporation [RBLX] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including FBN Securities’s analysts, who began to cover the stock in late March with a ‘”a Sector perform”‘ rating. MoffettNathanson also remained covering RBLX and has decreased its forecast on February 07, 2025 with a “Sell” recommendation from previously “Neutral” rating. HSBC Securities started covering the stock on December 12, 2024. It rated RBLX as “a Buy”.
Price Performance Review of RBLX
On Tuesday, Roblox Corporation [NYSE:RBLX] saw its stock jump 3.74% to $62.15. Over the last five days, the stock has gained 9.21%. Roblox Corporation shares have risen nearly 7.41% since the year began. Nevertheless, the stocks have risen 74.82% 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 04/07/25. SMA at 50 days reached $59.68, while 200 days put it at $52.07.
Levels Of Support And Resistance For RBLX Stock
The 24-hour chart illustrates a support level at 60.93, which if violated will result in even more drops to 59.71. On the upside, there is a resistance level at 63.05. A further resistance level may holdings at 63.94. The Relative Strength Index (RSI) on the 14-day chart is 58.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.92%. Stochastics %K at 76.68% indicates the stock is a holding.
How much short interest is there in Roblox Corporation?
A steep rise in short interest was recorded in Roblox Corporation stocks on 2025-03-31, dropping by -3.51 million shares to a total of 14.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 17.94 million shares. There was a decline of -24.35%, which implies that there is a negative sentiment for the stock.
