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Roblox Corp (NYSE:RBLX) Chief Financial Officer Naveen K. Chopra sold 18,924 shares of Class A Common Stock on November 20, 2025, for approximately $1.85 million. The sales occurred in multiple transactions with prices ranging from $93.34 to $96.98.
The sales were executed to cover statutory tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
Following the transactions, Chopra directly owns 337,036 shares of Roblox Corp Class A Common Stock, a portion of which are RSUs, each representing a contingent right to receive one share of the company’s Class A Common Stock.
In other recent news, Roblox reported third-quarter bookings of $1.92 billion, surpassing the FactSet consensus estimate of $1.72 billion. The company also projected fourth-quarter bookings to reach $2.03 billion at the mid-point, indicating a 44% year-over-year growth. Despite these positive results, Jefferies lowered its price target for Roblox to $115 from $130, citing concerns over the company’s cautious outlook for 2026. Similarly, Oppenheimer reduced its price target to $150 from $158, although it maintained an Outperform rating due to margin concerns. Meanwhile, Needham reiterated its Buy rating with a $159 price target, acknowledging the strong earnings but noting the limited impact of positive revisions due to caution about 2026. BMO Capital also reiterated an Outperform rating with a $155 price target amid increasing competition in the user-generated content space. Additionally, Roblox is facing legal challenges, as the Texas Attorney General sued the company over alleged child safety concerns. This lawsuit adds to existing legal actions from other states, highlighting ongoing scrutiny over the platform’s safety measures.
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