US Bancorp DE Sells 1,085 Shares of Roblox Corporation $RBLX

US Bancorp DE trimmed its position in Roblox Corporation (NYSE:RBLXFree Report) by 1.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 68,125 shares of the company’s stock after selling 1,085 shares during the period. US Bancorp DE’s holdings in Roblox were worth $7,167,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. ORG Partners LLC bought a new position in shares of Roblox in the 2nd quarter valued at $33,000. Larson Financial Group LLC lifted its stake in shares of Roblox by 819.0% in the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after acquiring an additional 516 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Roblox by 124.7% in the 2nd quarter. Fifth Third Bancorp now owns 537 shares of the company’s stock valued at $56,000 after acquiring an additional 298 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Roblox in the 1st quarter valued at $57,000. Finally, TD Private Client Wealth LLC bought a new position in Roblox during the 1st quarter worth $58,000. 94.46% of the stock is currently owned by institutional investors.

Roblox Stock Performance

Shares of Roblox stock opened at $126.77 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94. The business has a 50-day moving average price of $128.96 and a two-hundred day moving average price of $101.70. Roblox Corporation has a 1-year low of $39.30 and a 1-year high of $150.59. The company has a market cap of $81.77 billion, a P/E ratio of -88.65 and a beta of 1.63.

Roblox (NYSE:RBLXGet Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the business posted ($0.32) earnings per share. The business’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. As a group, analysts anticipate that Roblox Corporation will post -1.49 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on RBLX. Benchmark raised their target price on Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Roblox in a research report on Wednesday, October 8th. Wells Fargo & Company raised their target price on Roblox from $153.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, October 3rd. Raymond James Financial lowered Roblox from a “strong-buy” rating to an “outperform” rating and raised their target price for the stock from $81.00 to $130.00 in a research report on Wednesday, July 23rd. Finally, Needham & Company LLC raised their target price on Roblox from $79.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Twenty analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $126.84.

Read Our Latest Analysis on Roblox

Insider Activity

In other news, insider Arvind Chakravarthy sold 20,552 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the completion of the sale, the insider directly owned 242,469 shares in the company, valued at $28,541,025.99. This trade represents a 7.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Anthony P. Lee sold 66,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $136.33, for a total value of $8,997,780.00. Following the completion of the sale, the director owned 270,628 shares of the company’s stock, valued at approximately $36,894,715.24. This represents a 19.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 372,876 shares of company stock worth $48,196,989. 12.92% of the stock is owned by insiders.

Roblox Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roblox (NYSE:RBLX)

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