CV Advisors LLC Invests $276,000 in Roblox Corporation $RBLX

CV Advisors LLC bought a new position in shares of Roblox Corporation (NYSE:RBLX) in the second quarter, Holdings Channel reports. The institutional investor bought 2,620 shares of the company’s stock, valued at approximately $276,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Farther Finance Advisors LLC increased its stake in shares of Roblox by 21.4% during the second quarter. Farther Finance Advisors LLC now owns 801 shares of the company’s stock worth $84,000 after purchasing an additional 141 shares in the last quarter. Independent Wealth Network Inc. increased its stake in shares of Roblox by 3.9% during the second quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company’s stock worth $409,000 after purchasing an additional 146 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Roblox by 1.2% during the first quarter. SBI Securities Co. Ltd. now owns 13,295 shares of the company’s stock worth $775,000 after purchasing an additional 163 shares in the last quarter. Allegiance Financial Group Advisory Services LLC increased its stake in shares of Roblox by 1.9% during the second quarter. Allegiance Financial Group Advisory Services LLC now owns 9,342 shares of the company’s stock worth $983,000 after purchasing an additional 175 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Roblox by 27.5% during the second quarter. UMB Bank n.a. now owns 817 shares of the company’s stock worth $86,000 after purchasing an additional 176 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Roblox Stock Performance

NYSE:RBLX opened at $126.77 on Friday. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market capitalization of $81.77 billion, a price-to-earnings ratio of -88.65 and a beta of 1.63. The company’s 50-day moving average is $128.96 and its two-hundred day moving average is $101.41. Roblox Corporation has a 1-year low of $39.30 and a 1-year high of $150.59.

Roblox (NYSE:RBLX) last posted its earnings results 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). The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts forecast that Roblox Corporation will post -1.49 EPS for the current year.

Insider Activity

In other Roblox news, insider Arvind Chakravarthy sold 20,552 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $2,419,175.92. Following the transaction, the insider directly owned 242,469 shares in the company, valued at $28,541,025.99. The trade was a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Matthew D. Kaufman sold 6,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $136.55, for a total transaction of $819,300.00. Following the completion of the transaction, the insider owned 278,642 shares in the company, valued at $38,048,565.10. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 372,876 shares of company stock valued at $48,196,989. Company insiders own 12.92% of the company’s stock.

Analysts Set New Price Targets

RBLX has been the subject of a number of research reports. Citigroup boosted their target price on shares of Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday. Piper Sandler upped their price objective on shares of Roblox to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, September 24th. Arete Research set a $116.00 price objective on shares of Roblox in a research note on Tuesday, September 9th. Morgan Stanley upped their price objective on shares of Roblox from $76.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Barclays upped their price objective on shares of Roblox from $62.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $126.84.

About Roblox

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.