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SAN MATEO, CA—Michael Guthrie, the Chief Financial Officer of Roblox Corp (NYSE:RBLX), recently sold a significant portion of his holdings in the company. According to a regulatory filing, Guthrie sold 24,168 shares of Roblox’s Class A Common Stock on May 20, 2025. The shares were sold at prices ranging from $80.61 to $81.25, resulting in a total transaction value of approximately $1.95 million. The sale comes as Roblox shares trade near their 52-week high of $83.04, with the stock showing remarkable strength, gaining 145% over the past year according to InvestingPro data.
These transactions were conducted to cover statutory tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs). Following these sales, Guthrie now holds 492,266 shares directly. Additionally, he has indirect ownership of 61,422 shares through the Guthrie Family Irrevocable GST Exempt Trust.
The sales were part of a "sell to cover" transaction, a common practice used to satisfy tax obligations arising from stock-based compensation. This move comes as Roblox continues to navigate its position in the competitive gaming industry.
Investors and analysts will be watching closely to see how these transactions impact the company’s stock performance in the coming weeks.
In other recent news, Roblox Corp. has been the focus of several analysts’ assessments following its financial performance and strategic initiatives. Macquarie raised its price target for Roblox to $80, maintaining an Outperform rating after the company reported a 31% increase in revenue and a 26% rise in daily active users. Canaccord Genuity also increased its price target to $84, citing impressive first-quarter results and strategic enhancements that have driven higher engagement and profitability. Meanwhile, Deutsche Bank (ETR:DBKGn) reiterated its Buy rating with a $78 target, highlighting the potential revenue boost from Roblox’s new Rewarded Video Ads in partnership with Google (NASDAQ:GOOGL).
Goldman Sachs adjusted its price target to $80, maintaining a Neutral rating, based on the potential for Roblox to sustain a 20% growth rate in forward bookings. TD Cowen, however, maintained a Sell rating with a $40 target, expressing concerns over the company’s engagement metrics and potential challenges in year-over-year comparisons for Q2. Analysts at Deutsche Bank project that the new advertising initiative could add $150 million to $300 million to Roblox’s revenue by 2026. This initiative is expected to positively impact the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA).
Roblox’s strategic moves, including its partnership with Google, are seen as efforts to diversify and strengthen monetization strategies. The company has also raised its 2025 revenue forecast, reflecting its strong performance and operational momentum. Despite varying opinions among analysts, these developments indicate ongoing interest and scrutiny in Roblox’s financial and strategic trajectory.
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