Recent Insider Trades at $RBLX Raise Questions

On December 23, 2024, Mark Reinstra, the Chief Legal Officer and Corporate Secretary of $RBLX, sold 7,800 shares of the company. According to a recent SEC filing, this transaction accounted for about 2.7% of his total holdings. After the sale, Reinstra retained 278,161 shares of $RBLX stock.

Insider Trading Overview for $RBLX

In the past six months, insiders at $RBLX have conducted 117 trades, all of which were sales, with no recorded purchases during this period.

The following details summarize the recent trading activities by $RBLX insiders:

• **Mark Reinstra** (Chief Legal Officer & Corporate Secretary): 20 trades, 0 purchases, 20 sales, 136,059 shares sold.
• **Manuel Bronstein** (Chief Product Officer): 11 trades, 0 purchases, 11 sales, 240,846 shares sold.
• **Michael Guthrie** (Chief Financial Officer): 16 trades, 0 purchases, 16 sales, 423,446 shares sold.
• **David Baszucki** (President & CEO): 40 trades, 0 purchases, 40 sales, 1,704,629 shares sold.
• **Anthony P Lee**: 4 trades, 0 purchases, 4 sales, 277,532 shares sold.
• **Gregory Baszucki**: 9 trades, 0 purchases, 9 sales, 195,000 shares sold.
• **Arvind Chakravarthy** (Chief People & Systems Officer): 9 trades, 0 purchases, 9 sales, 64,785 shares sold.
• **Amy Marie Rawlings** (Chief Accounting Officer): 8 trades, 0 purchases, 8 sales, 29,032 shares sold.

For more insights on insider transactions, visit Quiver Quantitative’s insider trading dashboard.

Hedge Fund Activity Surrounding $RBLX

Recent reports show that 314 institutional investors have increased their holdings in $RBLX, while 319 have reduced their positions in the last quarter.

Here are some notable changes in institutional holdings:

• **Altos Ventures Management, Inc.** decreased their share count by 10,282,377 shares (-23.4%) in Q3 2024.
• **ValueAct Holdings, L.P.** boosted their portfolio by adding 7,835,921 shares (+340.7%) in Q3 2024.
• **Marshall Wace, LLP** increased their holdings, adding 4,814,469 shares (+204.6%) in Q3 2024.
• **Sands Capital Management, LLC** expanded their position by 4,416,618 shares (+inf%) in Q3 2024.
• **Artisan Partners Limited Partnership** fully exited their position, removing 4,318,059 shares (-100.0%) in Q2 2024.
• **Morgan Stanley** cut back on their holdings by 4,284,256 shares (-14.3%) in Q3 2024.
• **FMR LLC** added to their roster with 4,115,286 shares (+24.5%) in Q3 2024.

For ongoing tracking of hedge fund stock portfolios, check Quiver Quantitative’s institutional holdings dashboard.

This article is not financial advice. For more information, see Quiver Quantitative’s disclaimers.

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