Insider sale details
Arvind Chakravarthy, Roblox Corp’s Chief People & Systems Officer, sold 21,413 shares of Class A common stock on February 20, 2026. The disposal was carried out in three separate trades at prices between $60.95 and $62.69, for proceeds of roughly $1.32 million. Company filings indicate the shares were sold to meet statutory tax withholding requirements arising from the vesting of restricted stock units.
Post-transaction holdings
After the stock sales, Chakravarthy is reported to directly own 177,589 shares of Roblox Class A stock. In addition, he may be considered to have beneficial ownership of 41,568 shares held in the Jain Chakravarthy Living Trust.
Valuation note from InvestingPro
According to analysis available through InvestingPro, the stock appears undervalued at current market levels. The platform’s Pro Research Report for RBLX and more than 1,400 other U.S. equities is cited as the source of that assessment.
Recent company performance
Roblox reported stronger-than-expected results for the fourth quarter of 2025. Management attributed the improvement to viral, creator-led content that materially lifted bookings, profitability, and cash flow in the period.
Analyst reactions
Research houses have reacted with a mix of ratings and target adjustments. Piper Sandler highlighted a 63% year-over-year increase in bookings for Q4 2025, noting that bookings exceeded their expectation by 8%. Despite that upside, TD Cowen reiterated a Sell rating, pointing to concerns about engagement trends.
On the other hand, Roth/MKM upgraded Roblox to Buy and raised its price target to $84.00, citing a favorable bookings outlook and a projected 20% compound annual growth rate over coming years. BMO Capital left an Outperform rating in place and emphasized the early success of a new game, "Survive LAVA for Brainrots!", which reached 60 million lifetime visits shortly after launch.
Benchmark retained a Hold rating and described the 2026 outlook as complex despite strong late-2025 performance. Piper Sandler adjusted its price target to $100.00 from $125.00 while maintaining an Overweight rating. These differing assessments illustrate a range of perspectives among analysts about Roblox’s medium-term trajectory.
Context for investors
The insider sale was executed for tax withholding related to RSU vesting rather than an open-market liquidation for discretionary purposes, according to the transaction details. At the same time, public and professional investors are interpreting recent bookings strength and game-level engagement data differently, leading to divergent analyst guidance.