Aberdeen Group plc Grows Position in Roblox Corporation $RBLX

Aberdeen Group plc grew its position in shares of Roblox Corporation (NYSE:RBLX) by 18.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,099 shares of the company’s stock after purchasing an additional 14,914 shares during the quarter. Aberdeen Group plc’s holdings in Roblox were worth $10,110,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its holdings in Roblox by 89.5% in the first quarter. GAMMA Investing LLC now owns 2,274 shares of the company’s stock valued at $133,000 after buying an additional 1,074 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Roblox by 138.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 139,086 shares of the company’s stock valued at $8,107,000 after buying an additional 80,804 shares in the last quarter. Brighton Jones LLC purchased a new position in Roblox in the first quarter valued at $283,000. Janney Montgomery Scott LLC increased its holdings in Roblox by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 26,234 shares of the company’s stock valued at $1,529,000 after buying an additional 727 shares in the last quarter. Finally, QRG Capital Management Inc. increased its holdings in Roblox by 130.2% in the first quarter. QRG Capital Management Inc. now owns 41,942 shares of the company’s stock valued at $2,445,000 after buying an additional 23,721 shares in the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, 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 transaction, the insider owned 278,642 shares of the company’s stock, valued at approximately $38,048,565.10. The trade was a 2.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Anthony P. Lee sold 111,112 shares of the firm’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $131.01, for a total transaction of $14,556,783.12. The disclosure for this sale can be found here. Insiders have sold 366,876 shares of company stock worth $47,485,929 in the last quarter. 12.92% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Roblox from $153.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, October 3rd. JPMorgan Chase & Co. lifted their target price on shares of Roblox from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Barclays upped their price target on shares of Roblox from $62.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st. BMO Capital Markets boosted their price objective on Roblox from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. Finally, Wedbush reissued an “outperform” rating and set a $165.00 target price on shares of Roblox in a report on Thursday, September 4th. Twenty equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $128.31.

Roblox Trading Up 3.9%

RBLX opened at $138.45 on Thursday. The firm has a market capitalization of $89.31 billion, a price-to-earnings ratio of -96.82 and a beta of 1.63. The company’s 50 day simple moving average is $129.13 and its two-hundred day simple moving average is $102.65. Roblox Corporation has a 1-year low of $39.30 and a 1-year high of $150.59. 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 posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The company 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%. Roblox’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Roblox Corporation will post -1.49 EPS for the current fiscal year.

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.