Fubotv earnings beat by $0.10, revenue topped estimates
Gregory Baszucki, a director at Roblox Corp (NYSE:RBLX), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Baszucki sold a total of 97,388 shares of Class A Common Stock on March 10, 2025. The shares were sold at prices ranging from $53.00 to $54.45, amounting to a total of approximately $5.2 million. The timing is notable as the stock has declined 12.6% over the past week, though it maintains a 30% gain over the past year. InvestingPro analysis shows the company currently commands a market capitalization of $36.35 billion.
In addition to the sales, Baszucki exercised stock options to acquire 97,388 shares at a price of $0.069 per share. Following these transactions, Baszucki now holds 11,055 shares directly. Furthermore, a gift of 29,216 shares was made to a charitable organization, with no monetary consideration involved. According to InvestingPro data, Roblox holds more cash than debt on its balance sheet and has achieved impressive revenue growth of 28.7% over the last twelve months.
These transactions were carried out under a pre-arranged trading plan, as noted in the filing. Roblox, a leading player in the online gaming industry, continues to see active trading among its executives. While analysts’ price targets range from $30 to $83, subscribers to InvestingPro can access detailed insider trading analysis and 8 additional key insights about RBLX’s financial health and growth prospects.
In other recent news, Roblox Corp. reported strong fourth-quarter results, with net bookings aligning with consensus estimates and adjusted EBITDA surpassing Wall Street expectations. The company’s bookings rose by 21% to $1.36 billion, while free cash flow increased by 54% to $120 million, driven by enhanced monetization and operational efficiency. Despite a 19% year-over-year increase in daily active users, the growth did not meet analysts’ forecasts. In response to these developments, Citi adjusted Roblox’s stock price target to $78 but maintained a Buy rating, while Benchmark raised its target from $60 to $71, also keeping a Buy rating. Needham increased its price target to $72, reflecting a valuation of 40 times the projected adjusted EBITDA for 2026, and maintained a Buy rating as well. Meanwhile, Oppenheimer affirmed a Perform rating, citing uncertainty in user growth despite a strong financial performance. Separately, Roblox is under investigation by the US Securities and Exchange Commission, though the exact subject remains unconfirmed. This investigation was initially reported by Hunterbrook Media, with Hunterbrook Capital holding a short position in Roblox’s shares.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.