Roblox (NYSE:RBLX) CAO Sells $773,001.57 in Stock

Roblox Corporation (NYSE:RBLX) CAO Amy Marie Rawlings sold 6,567 shares of the firm’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $773,001.57. Following the transaction, the chief accounting officer owned 46,866 shares in the company, valued at $5,516,596.86. This trade represents a 12.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Roblox Stock Performance

Shares of RBLX opened at $117.4930 on Friday. The business’s fifty day moving average price is $115.24 and its 200 day moving average price is $84.43. Roblox Corporation has a 12-month low of $37.50 and a 12-month high of $150.59. The stock has a market capitalization of $75.79 billion, a PE ratio of -82.16 and a beta of 1.63. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97.

Roblox (NYSE:RBLX) last announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share (EPS) 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 firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the business earned ($0.32) earnings per share. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that Roblox Corporation will post -1.49 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on RBLX shares. Wolfe Research upgraded Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Friday. Cowen reiterated a “sell” rating on shares of Roblox in a research note on Monday. Bank of America raised their target price on Roblox from $86.00 to $103.00 and gave the company a “buy” rating in a research note on Thursday, June 5th. Raymond James Financial cut shares of Roblox from a “strong-buy” rating to an “outperform” rating and lifted their price objective for the company from $81.00 to $130.00 in a research note on Wednesday, July 23rd. Finally, Wall Street Zen cut shares of Roblox from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Twenty research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $119.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Roblox by 2.6% during the second quarter. Vanguard Group Inc. now owns 59,153,925 shares of the company’s stock worth $6,222,993,000 after acquiring an additional 1,513,608 shares during the period. Ieq Capital LLC increased its stake in Roblox by 13.8% in the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after purchasing an additional 2,297,350 shares in the last quarter. State Street Corp increased its stake in Roblox by 6.3% in the 2nd quarter. State Street Corp now owns 12,043,269 shares of the company’s stock worth $1,266,952,000 after purchasing an additional 708,838 shares in the last quarter. Geode Capital Management LLC grew its stake in Roblox by 9.1% during the 2nd quarter. Geode Capital Management LLC now owns 10,039,983 shares of the company’s stock valued at $1,053,257,000 after acquiring an additional 834,230 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in Roblox by 3.0% during the 2nd quarter. AQR Capital Management LLC now owns 9,032,411 shares of the company’s stock valued at $948,222,000 after acquiring an additional 261,984 shares in the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.

Roblox Company 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.