Roblox (RBLX) Stock on November 29, 2025: Heavy Insider Selling, Big Institutional Buying and New Safety Rules Collide

Published: November 29, 2025

Roblox Corporation’s stock is ending November in a strange spot: Wall Street is broadly bullish, big institutions are still piling in, but insiders have been selling aggressively and regulators are circling the Roblox platform.

As of November 29, 2025, Roblox (NYSE: RBLX) trades around $95 per share, giving the gaming platform a market capitalization of roughly $61–62 billion. The stock is up nearly 90% over the last 12 months but remains well below its late‑July all‑time high near $150. ^[1]

Below is a breakdown of what changed for Roblox investors today and in the last few weeks – from new institutional filings, to insider moves, to child‑safety rules that could reshape the platform in 2026.

Key Takeaways for RBLX Investors Today

Price check: RBLX trades around $95.03 on November 29, 2025. Today’s intraday range: roughly $93–$96; 52‑week range: $49.7–$150.6. ^[2]
Institutions buying the dip: New SEC filings show Russell Investments, Korea Investment Corp, Steward Partners, Vinva and others all increased their stakes in Roblox in Q2. Overall institutional ownership is now about 94–95% of shares outstanding. ^[3]
Insiders heading the other way: Over the last 90 days, Roblox insiders have sold about 388,000 shares, worth roughly $43.6 million, including sales by the CEO, CFO, chief people officer and chief safety officer. ^[4]
Explosive growth, stubborn losses: Q3 2025 bookings jumped around 70% year‑over‑year and revenue grew about 48%, but Roblox is still unprofitable and expects margin pressure as it spends heavily on infrastructure and safety. ^[5]
New safety rules are coming: Roblox will soon require age checks for key chat features, using selfie‑based age estimation or ID verification, starting in Australia, New Zealand and the Netherlands in December and rolling out globally in early 2026. ^[6]
Street view: Across multiple data providers, Roblox carries a “Moderate/Buy” consensus rating with 12‑month price targets clustered roughly between $136 and $151, implying ~45–65% upside from recent prices – but opinions differ sharply on risk, regulation and profitability. ^[7]

Roblox Stock Price Snapshot: Volatile but Still in an Uptrend

According to Angel One and other quote providers, Roblox’s share price on November 29, 2025 sits at about $95.03, after a prior close near $92.73 and an intraday high around $95.74. ^[8]

Key stats as of today:

Price: ~$95
Market cap: ~$60.8–62.3 billion ^[9]
52‑week low / high: $48.6 / $150.6 ^[10]
Trailing EPS (GAAP): about –$1.4 per share ^[11]
P/E: negative (loss‑making) – roughly –65x based on recent data ^[12]
Shares outstanding: about 655 million ^[13]

Short‑term technicals lean bullish. An Investing.com technical summary for RBLX on November 29 shows a “Strong Buy” signal across popular indicators, with the 14‑day RSI around 62 and several oscillators and moving averages flashing “Buy” despite some overbought readings. ^[14]

Yet quantitative price‑prediction models such as CoinCodex forecast modest downside over the coming days, projecting levels in the high‑80s to low‑90s, underscoring how fragile momentum can be in a stock this volatile. ^[15]

What Happened on November 29, 2025: Institutions Keep Doubling Down

Today’s biggest RBLX headlines come from a flurry of institutional ownership disclosures:

Russell Investments, Korea Investment Corp and others increase stakes

Russell Investments Group Ltd. increased its Roblox position by 40.2% in Q2, to 517,266 shares worth about $54.4 million, representing roughly 0.08% of the company. ^[16]
Korea Investment Corp boosted its stake by 46.7% to 534,531 shares, also about 0.08% of Roblox, valued around $56.2 million.
Vinva Investment Management lifted its holdings by 358% to 62,106 shares worth about $6.6 million. ^[17]
Steward Partners Investment Advisory grew its position by a staggering 527% to 26,122 shares worth about $2.75 million. ^[18]
Elevation Point Wealth Partners and Evolutionary Tree Capital Management also feature in today’s filings. Elevation Point reported a new stake, while Evolutionary Tree trimmed its position by 12.3% but still holds about $4.3 million in Roblox, its ninth‑largest holding at 4.6% of its portfolio. ^[19]

Across these filings, one theme stands out: large, diversified institutions are still net buyers of Roblox, even after the stock pulled back following Q3 earnings and heightened regulatory scrutiny. In total, institutional and hedge‑fund investors now own roughly 94.5% of Roblox’s float, led by giants such as Vanguard, Ieq Capital, Geode, AQR and Franklin Resources. ^[20]

For long‑term investors, that concentration can be a double‑edged sword: it signals strong conviction from professional money managers but also means the stock can move sharply when those same investors change their minds.

At the Same Time, Insiders Are Selling

If institutions are leaning in, company insiders are quietly cashing out.

MarketBeat and TipRanks data show that over the last 90 days, Roblox insiders have sold about 388,500 shares, worth approximately $43.6 million. ^[21]

Recent notable trades include:

CFO Naveen Chopra selling around 19,400 shares at an average price near $95.23, for proceeds of roughly $1.85 million, reducing his stake by about 5–6% while still holding more than 337,000 shares.
Chief People & Systems Officer Arvind Chakravarthy disposing of roughly 17,000–21,000 shares, raising close to $2 million, and cutting his position by around 8–10%. ^[22]
President & CEO David Baszucki selling 10,584 shares in November (on top of a larger 66,896‑share sale earlier in the quarter), generating more than $8 million combined. ^[23]
Additional sales from CAO Amy Marie Rawlings, Chief Legal Officer Mark Reinstra, and Chief Safety Officer Matt Kaufman add to the tally.

A Simply Wall St review published this week notes that insiders have not been net buyers of Roblox stock over the past year, even as they continue to hold roughly 11–13% of the company (around US$7 billion worth of shares). ^[24]

Insider selling is not automatically bearish – executives often diversify or cover taxes – but the scale and breadth of selling right after a big run‑up and ahead of major policy changes is something many investors are watching closely.

Growth Story: A Blowout Q3, but Margin Headwinds

Fundamentally, Roblox remains one of the fastest‑growing large‑cap names in gaming.

Q3 2025 performance

Roblox’s Q3 2025 shareholder letter and subsequent commentary highlighted:

Revenue growth of about 48% year‑over‑year in Q3.
Bookings up roughly 70%, with Q3 bookings of $1.92 billion, beating analysts’ estimates near $1.65 billion. ^[25]
Average daily active users (DAUs) up around 70% to more than 150 million, the biggest third‑quarter jump in about five years. ^[26]
Free cash flow of roughly $442.6 million, up more than 100% from a year earlier. ^[27]

Breakout “viral” experiences such as “Steal a Brainrot” and “Grow a Garden” have been major engines of that growth, with concurrent player counts north of 20–25 million on peak days – numbers rarely seen in gaming history. ^[28]

At the same time, Roblox raised its full‑year 2025 bookings guidance for the third time, now projecting $6.57–6.62 billion versus a prior range of $5.87–5.97 billion, and guiding Q4 bookings to $2.0–2.05 billion, ahead of Wall Street’s roughly $1.8 billion expectation. ^[29]

Longer‑term forecasts from StockAnalysis and Finnhub suggest revenue could climb from $3.6 billion in 2024 to about $6.1 billion in 2025 and $7.6 billion in 2026, implying annual growth rates near 70% and then 25%. ^[30]

Profitability still elusive

Despite these spectacular top‑line numbers, Roblox remains firmly in the “growth at a loss” camp:

Analysts estimate 2025 EPS around –$1.6 and 2026 EPS around –$1.4, meaning profitability may still be several years away even under optimistic scenarios. ^[31]
Roblox’s negative net margin stood around –22% in the most recent quarter, with a deeply negative return on equity (over –300%) due to its capital structure and accumulated losses. ^[32]

A Reuters report in late October captured investor anxiety: the company lifted its bookings forecast but warned that higher infrastructure spending and richer payouts to developers are likely to depress operating margins next year, sending the stock down more than 10% on the day despite the beat‑and‑raise quarter. ^[33]

Add in a short‑seller report alleging inflated user metrics and downplaying safety risks – which Roblox has denied – and it’s clear that bulls and bears can look at the same numbers and reach very different conclusions. ^[34]

Safety, Regulation and the New Age‑Verification Push

Beyond pure financials, regulatory and child‑safety issues are quickly becoming the biggest swing factor for Roblox stock.

Mandatory age checks for chat

On November 18, Reuters reported that Roblox will require age checks for users who want to access the platform’s chat features, starting with pilot markets in Australia, New Zealand and the Netherlands in December 2025 and expanding globally in early 2026. ^[35]

A detailed Times of India explainer outlines how the system will work:

Users will complete an age check via a live selfie video processed by a third‑party age‑estimation provider or by submitting a government ID / parental verification.
Roblox will assign users to narrow age brackets (for example, under‑9, 9–12, 13–15, 16–17, 18–20, 21+), and most private chats between widely separated age groups will be blocked by default.
Under‑9 accounts will have chat turned off unless a parent explicitly opts in after verification.
Roblox says selfies used for age estimation won’t be stored, and chats remain unencrypted so they can be monitored for abuse. ^[36]

These changes are a response to lawsuits, regulatory pressure and growing media scrutiny over how well Roblox protects children on its platform. Simply Wall St and other outlets have highlighted that the company faces ongoing legal risk around child endangerment claims, even as it invests heavily in safety infrastructure. ^[37]

Subpoenas, bans and a global patchwork of rules

An earlier Investing.com piece notes that Roblox has received criminal subpoenas from the Florida Attorney General, alleging failures to adequately protect children, while Iraq has imposed a nationwide ban on Roblox over concerns about potential exploitation of minors. ^[38]

The company is not alone – governments worldwide are tightening rules for youth‑oriented platforms – but Roblox’s extremely young user base makes it a prime test case.

For investors, this creates a complicated calculus:

On one hand, stronger safety measures (like age checks) may strengthen Roblox’s brand, reduce legal liability over time and make it easier to win regulatory approval in sensitive markets.
On the other, these measures carry direct costs (more infrastructure, more moderators, more compliance staff) and could reduce engagement if users resist verification or lose access to familiar features.

Analyst Views: “Moderate Buy” with Big Upside – and Big Caveats

Despite the controversies, Wall Street’s core message right now is still cautiously optimistic.

Across several independent aggregators:

TipRanks shows a “Moderate Buy” rating based on 21 analysts (14 Buy, 6 Hold, 1 Sell) with an average 12‑month price target of about $151, implying ~63% upside from a recent price around $92–93.
StockAnalysis / Finnhub report an average target near $146 with a “Buy” consensus from 22 analysts, implying roughly 50–55% upside. ^[39]
Zacks data show a similar target cluster around $148, with recommendations skewed toward Overweight/Buy and a wide range from roughly $65 to $180 per share. ^[40]
MarketBeat’s synthesis of multiple brokerages lists around 20 Buy, 8 Hold and 3 Sell ratings, for an average target of $136.41 and a consensus of “Moderate Buy.” ^[41]

Recent analyst moves include:

Jefferies nudging its target to $130 after strong Q3 bookings but cautious near‑term expectations. ^[42]
Wells Fargo, JPMorgan, UBS, Piper Sandler, Wedbush and BTIG shuffling price targets in the $120–$174 range as they factor in faster bookings growth but thinner margins. ^[43]

At the same time, qualitative research from Forbes, Seeking Alpha and others stresses that:

Roblox’s valuation remains demanding relative to current profitability.
The business is still highly sensitive to changes in user engagement, hit‑driven games and regulatory developments. ^[44]

In short: analysts, on average, believe the stock can go significantly higher – but their confidence rests on Roblox sustaining rapid bookings growth while eventually finding a path to positive margins in a tougher regulatory world.

Bull vs. Bear: What the Market Is Really Debating

Putting today’s news together, the debate around Roblox stock looks something like this:

The bull case

Explosive growth engine: User engagement, bookings and free cash flow are all growing at rates that are rare among large‑cap companies, with forecasts pointing to multi‑year double‑digit revenue growth. ^[45]
Platform advantage: Roblox isn’t just a single game; it’s a user‑generated content platform with millions of experiences. Viral hits like “Steal a Brainrot” demonstrate the power of that ecosystem when discovery tools and infrastructure scale up. ^[46]
Institutional conviction: Large asset managers are materially increasing positions, suggesting they view the recent post‑earnings pullback and regulatory noise as a buying opportunity rather than a thesis breaker. ^[47]
Safety investments as a moat: If Roblox successfully implements robust age‑verification and safety tooling, it could emerge as a preferred “safe” social‑gaming space for younger audiences, potentially putting pressure on less proactive competitors. ^[48]

The bear case

Profitability risk: Even with booming bookings, Roblox is still losing money and expects margin pressure to increase as it ramps up infrastructure, developer payouts and safety spending. ^[49]
Regulatory overhang: Criminal subpoenas, regional bans and potential future regulations create a cloud of legal and reputational risk that is hard to model and could impact growth in key markets. ^[50]
Heavy insider selling: While insiders still own a large stake, the consistent pattern of sales without offsetting purchases makes some investors nervous, especially when combined with a short‑seller report questioning metrics and safety claims. ^[51]
Hit‑driven volatility: The platform’s results are increasingly tied to the success of a small number of viral games; if the next crop of experiences fails to catch fire, growth could cool abruptly, as seen in bookings deceleration in some markets earlier this year. ^[52]

What to Watch Next

For investors tracking Roblox after today’s headlines, a few signposts matter most going into 2026:

Holiday‑quarter bookings (Q4 2025): Roblox has set aggressive bookings guidance; whether it beats or misses will heavily influence sentiment on the sustainability of its growth surge. ^[53]
Impact of age‑verification rollout: Engagement, active users and monetization metrics in early‑rollout markets (Australia, New Zealand, Netherlands) will offer the first hard data on how age checks affect behavior. ^[54]
Any new regulatory actions: Additional lawsuits, government bans or regulatory inquiries – or, conversely, positive outcomes in existing cases – could move the stock independently of fundamentals. ^[55]
Insider and institutional flows: Continued net insider selling or a sharp reversal in institutional buying trends would be a meaningful signal about how those closest to the story see risk and reward evolving. ^[56]

Bottom Line

On November 29, 2025, Roblox stock sits at the crossroads of massive growth, tightening regulation and conflicting signals from insiders and institutions.

If the company can maintain its breakneck bookings growth, successfully roll out world‑leading safety features and eventually unlock sustainable margins, today’s price could look cheap in hindsight.
If regulatory headwinds, safety controversies or slowing engagement derail the story, the stock’s rich valuation and heavy insider selling could become serious liabilities.

Either way, Roblox is likely to remain one of the most closely watched – and most volatile – names in the gaming and social‑media universe.

Disclaimer: This article is for informational purposes only and does not constitute investment, legal or financial advice. Always do your own research or consult a licensed financial adviser before making investment decisions.

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