Roblox CEO Baszucki sells $1m in shares

Published 25/11/2025, 02:40
© Reuters

Roblox Corp (NYSE:RBLX) President and CEO David Baszucki sold 11,184 shares of Class A Common Stock on November 20, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, which totaled $1,008,013, were executed in multiple transactions with prices ranging from $93.45 to $97.26.

The sales were made to cover statutory tax withholding obligations related to the vesting of Restricted Stock Units. Following the transactions, Baszucki directly owns 190,574 shares of Roblox Class A Common Stock, and indirectly owns 985,422 shares held by The Freedom Revocable Trust.

In other recent news, Roblox Corp . reported third-quarter bookings of $1.92 billion, surpassing FactSet consensus estimates of $1.72 billion. The company has also projected fourth-quarter bookings to reach $2.03 billion at the midpoint, indicating a 44% year-over-year growth. Despite these positive earnings results, Jefferies has lowered its price target for Roblox to $115, citing concerns over the company’s cautious outlook for 2026 bookings and margins. Similarly, Oppenheimer reduced its price target to $150 from $158, maintaining an Outperform rating due to margin concerns. On a different note, Needham reiterated a Buy rating with a $159 price target, acknowledging the strong third-quarter performance but highlighting Roblox’s cautious 2026 outlook. Additionally, BMO Capital has maintained an Outperform rating and a $155 price target, noting increased competition in the user-generated content gaming space from a new partnership between Epic Games and Unity. Meanwhile, Roblox faces legal challenges as Texas Attorney General Ken Paxton has filed a lawsuit against the company over child safety concerns, adding to existing lawsuits from other states. These developments reflect a complex landscape for Roblox, marked by strong financial performance but tempered by legal and competitive pressures.

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