Aberdeen Group plc Boosts Stock Holdings in Roblox Corporation $RBLX

Aberdeen Group plc lifted its position in Roblox Corporation (NYSE:RBLX) by 0.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,185 shares of the company’s stock after purchasing an additional 600 shares during the period. Aberdeen Group plc’s holdings in Roblox were worth $4,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in shares of Roblox in the first quarter worth about $70,254,000. Fox Run Management L.L.C. grew its position in shares of Roblox by 56.5% during the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock valued at $709,000 after acquiring an additional 4,390 shares during the period. Long Corridor Asset Management Ltd purchased a new position in shares of Roblox in the 1st quarter valued at about $4,372,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Roblox by 15.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,483 shares of the company’s stock worth $2,096,000 after purchasing an additional 4,760 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Roblox in the 1st quarter worth about $890,000. 94.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on RBLX shares. Roth Mkm raised their price objective on Roblox from $72.00 to $74.00 and gave the company a “neutral” rating in a report on Friday, May 2nd. JPMorgan Chase & Co. increased their target price on Roblox from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Raymond James Financial lowered shares of Roblox from a “strong-buy” rating to an “outperform” rating and boosted their price target for the stock from $81.00 to $130.00 in a report on Wednesday, July 23rd. Bank of America upped their price objective on shares of Roblox from $86.00 to $103.00 and gave the stock a “buy” rating in a research report on Thursday, June 5th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $125.00 target price (up previously from $80.00) on shares of Roblox in a research report on Wednesday, June 18th. Nineteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.59.

Roblox Stock Up 0.4%

Shares of NYSE:RBLX opened at $118.7950 on Thursday. The business has a fifty day moving average of $114.44 and a two-hundred day moving average of $83.82. The stock has a market cap of $76.63 billion, a P/E ratio of -83.07 and a beta of 1.63. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. Roblox Corporation has a 52-week low of $37.50 and a 52-week high of $150.59.

Roblox (NYSE:RBLX) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.04). Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the company posted ($0.32) earnings per share. The company’s revenue was up 50.5% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts expect that Roblox Corporation will post -1.49 earnings per share for the current year.

Insiders Place Their Bets

In other Roblox news, CEO David Baszucki sold 687,500 shares of Roblox stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $87.97, for a total transaction of $60,479,375.00. Following the completion of the sale, the chief executive officer directly owned 211,559 shares in the company, valued at $18,610,845.23. This trade represents a 76.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 4,957,928 shares of company stock worth $479,701,008 over the last ninety days. Company insiders own 12.92% of the company’s stock.

Roblox Profile

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.