Lee Anthony P of Roblox sells $8.1 million in RBLX stock

Published 04/09/2025, 22:36
© Reuters

Director Lee Anthony P of Roblox Corp (NYSE:RBLX), whose stock has surged over 200% in the past year and currently commands a market capitalization of $90.2 billion, sold a total of $8.1 million in Class A Common Stock on September 2, 2025. The sales occurred at weighted average prices ranging from $119.6822 to $126.2572.

The director sold 60,228 shares in multiple transactions.

In other recent news, Roblox Corporation has announced a strategic partnership with the International Age Rating Coalition to standardize content ratings across its platform. This integration will replace existing content maturity labels with region-specific ratings from authorities like the Entertainment Software Rating Board in the United States. Analyst firms have been actively evaluating Roblox’s performance and potential. BMO Capital has reiterated its Outperform rating, highlighting accelerated user engagement with a significant year-over-year growth in average daily peak concurrent users. Similarly, Oppenheimer has maintained its Outperform rating, with a price target of $158, following an investor meeting with a prominent game streamer. Wedbush also reiterated its Outperform rating, citing Roblox as a compelling growth opportunity in the video game sector due to its response to child safety concerns and recent platform developments. Meanwhile, TD Cowen raised its price target on the stock to $77, while keeping a Sell rating, noting a shift in engagement dynamics towards a more social media-like experience. These developments reflect the company’s ongoing efforts to enhance its platform and address investor concerns.

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