The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Roblox Corporation shares valued at $60,480,025 were sold by Baszucki David on Jun 02 ’25. At $87.97 per share, Baszucki David sold 687,500 shares. The insider’s holdings dropped to 211,559 shares worth approximately $19.27 million following the completion of this transaction.
Also, Baszucki David sold 262,498 shares, netting a total of over 23,092,196 in proceeds. Following the sale of shares at $87.97 each, the insider now holds 875 shares.
Before that, Carvalho Christopher had sold 12,985 shares from its account. In a trade valued at $1,158,948, the Director traded Roblox Corporation shares for $89.25 each. Upon closing the transaction, the insider’s holdings decreased to 12,985 shares, worth approximately $89.88 million.
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 surge of approximately 7.60%. Over the course of the year, Roblox Corporation shares have jumped approximately 57.40%. Shares of the company reached a 52-week high of $91.68 on 06/04/25 and a 52-week low of $50.10 on 04/07/25.
Support And Resistance Levels for Roblox Corporation (RBLX)
According to the 24-hour chart, there is a support level at 89.89, which, if violated, would cause prices to drop to 88.72. In the upper region, resistance lies at 91.96. The next price resistance is at 92.86. RSI (Relative Strength Index) is 85.09 on the 14-day chart, showing overbought technical sentiment.
