Roblox Director Wong Andrea L Sells 5770 Shares at $130.4/Share on 2023-08-04.

Roblox Corporation [RBLX] has disclosed that Director Wong Andrea L has disposed of 5,770 shares at a price of $130.4 per share on August 4, 2023.

Roblox Corporation (NYSE: RBLX) recently disclosed that Director Wong Andrea L has sold 5,770 shares of the company's stock at a price of $130.4 per share on August 4, 2023. This transaction aligns with the expiration of certain options and follows recent insider selling activities.

The sale of 5,770 shares by Director Wong Andrea L amounts to a total value of $750,480. This transaction comes amidst a period of significant insider selling, with a total of 6,651,690 shares sold by insiders in the last three months, worth $593,440,562. This selling activity represents 12.92% of the company's stock owned by corporate insiders [1].

Roblox's financial health presents a mixed picture, with robust revenue growth but challenged profitability metrics. The company reported a trailing twelve-month revenue of $4.02 billion, with a notable one-year revenue growth rate of 20.5% and a five-year growth rate of 39.5%. However, the company faces profitability challenges, with an operating margin of -27.35% and a net margin of -23.67%. The Altman Z-Score of 6.33 indicates strong financial health, but the current ratio of 0.97 suggests potential liquidity constraints [2].

Roblox's stock has seen a volatile performance, with a market capitalization of $88.12 billion, a price-to-earnings ratio of -87.52, and a beta of 1.63. The stock has a one-year low of $35.30 and a one-year high of $150.59. Despite recent insider selling, the stock has a consensus rating of "Moderate Buy" with a consensus target price of $117.59 [1].

The company's business performance is driven by its ability to attract and retain a large user base, as well as its innovative platform that supports a diverse range of creators. Key performance drivers include revenue trends, operational efficiency, and industry considerations. Roblox's revenue growth is fueled by its expanding user base and the increasing popularity of its platform among both amateur and professional game developers.

Institutional investors have also shown interest in Roblox, with Alberta Investment Management Corp increasing its stake by 25.1% during the first quarter, owning a total of 69,300 shares worth approximately $4.04 million. Other institutional investors have also added to or reduced their stakes in the business [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-alberta-investment-management-corp-boosts-stock-position-in-roblox-corporation-nyserblx-2025-08-03/
[2] https://www.gurufocus.com/news/3038026/roblox-rblx-director-sells-significant-shares