Advertisement
Canada markets closed

  • S&P/TSX

    23,568.65
    +93.51 (+0.40%)
     

  • S&P 500

    5,626.02
    +30.26 (+0.54%)
     

  • DOW

    41,393.78
    +297.01 (+0.72%)
     

  • CAD/USD

    0.7361
    -0.0003 (-0.04%)
     

  • CRUDE OIL

    69.24
    +0.27 (+0.39%)
     

  • Bitcoin CAD

    81,570.27
    +72.36 (+0.09%)
     

  • XRP CAD

    0.81
    +0.03 (+3.80%)
     

  • GOLD FUTURES

    2,606.20
    +25.60 (+0.99%)
     

  • RUSSELL 2000

    2,182.49
    +53.06 (+2.49%)
     

  • 10-Yr Bond

    3.6500
    -0.0300 (-0.82%)
     

  • NASDAQ

    17,683.98
    +114.30 (+0.65%)
     

  • VOLATILITY

    16.56
    -0.51 (-2.99%)
     

  • FTSE

    8,273.09
    +32.12 (+0.39%)
     

  • NIKKEI 225

    36,581.76
    -251.51 (-0.68%)
     

  • CAD/EUR

    0.6643
    -0.0004 (-0.06%)
     

Insider Sale: Amy Rawlings Sells 12,258 Shares of Roblox Corp (RBLX)

GuruFocus Research
·1 min read

On August 28, 2024, Amy Rawlings, the Chief Accounting Officer of Roblox Corp (NYSE:RBLX), executed a sale of 12,258 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $44.09 per share. Following this transaction, the insider now directly owns 87,360 shares in the company.

Over the past year, the insider has sold a total of 36,217 shares of Roblox Corp (NYSE:RBLX) and has not made any purchases of the stock. This recent transaction is part of a broader trend observed within the company, where there have been 72 insider sells and no insider buys over the past year.

Roblox Corp (NYSE:RBLX), known for its platform that allows users to create and interact in an immersive 3D environment, has a current market cap of approximately $28.20 billion. On the day of the sale, the stock was trading at $44.09, which is below the GF Value of $53.63, indicating that the stock is modestly undervalued.

The GF Value is a proprietary measure used to determine the fair value of a stock, taking into account historical trading multiples, adjustments based on the company's past performance, and future business projections provided by analysts.

For more detailed information on Roblox Corp's valuation metrics such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, interested individuals can explore further on GuruFocus.

This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation in comparison to its intrinsic value.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.