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Michael Guthrie, the Chief Financial Officer of Roblox Corp (NYSE:RBLX), recently sold 21,614 shares of the company’s Class A Common Stock. The sale, completed on February 20, 2025, was executed at an average price of $61.34 per share, yielding a total value of approximately $1.33 million. The transaction comes amid Roblox’s strong market performance, with the stock delivering a 41.55% return over the past six months and the company achieving 28.68% revenue growth in the latest reported period. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
The transaction was part of a "sell to cover" strategy, aimed at satisfying statutory tax withholding obligations related to the vesting of Restricted Stock Units (RSUs). Following this sale, Guthrie retains ownership of 395,465 shares directly, with an additional 61,422 shares held indirectly through the Guthrie Family Irrevocable GST Exempt Trust. With a market capitalization of $40.69 billion and a FAIR financial health score, Roblox continues to show strong fundamentals. For deeper insights into Roblox’s valuation and growth prospects, including 10+ additional ProTips, check out the comprehensive research available on InvestingPro.
In other recent news, Roblox Corp. reported a strong fourth quarter in 2024, surpassing expectations with a 21% rise in bookings to $1.36 billion and a 54% increase in free cash flow to $120 million. Despite these positive results, daily active users (DAUs) increased by 19% to 85.3 million, falling short of some analysts’ projections. Citi analysts revised their price target for Roblox to $78, down from $82, while maintaining a Buy rating, citing mixed performance metrics, including adjusted EBITDA exceeding expectations but DAUs and forward bookings guidance falling short. In contrast, Benchmark and Needham both raised their price targets to $71 and $72, respectively, with Benchmark highlighting strong growth in mobile and desktop bookings and Needham noting a slowdown in bookings growth but maintaining a positive outlook. Additionally, Roblox is under investigation by the US Securities and Exchange Commission (SEC), though details of the probe remain undisclosed. Oppenheimer maintained a Perform rating, acknowledging the robust financial performance but expressing uncertainty about the trajectory of user growth. These developments reflect a mixed sentiment among analysts, with varying perspectives on Roblox’s growth and market position.
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