Roblox Corporation $RBLX Shares Acquired by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs lifted its holdings in shares of Roblox Corporation (NYSE:RBLX) by 9.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 20,414 shares of the company’s stock after buying an additional 1,747 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Roblox were worth $2,148,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Aspen Capital Management LLC acquired a new stake in Roblox in the second quarter valued at about $739,000. Focus Partners Advisor Solutions LLC lifted its position in Roblox by 66.2% in the second quarter. Focus Partners Advisor Solutions LLC now owns 41,417 shares of the company’s stock valued at $4,357,000 after purchasing an additional 16,504 shares during the period. Fielder Capital Group LLC acquired a new stake in Roblox in the second quarter valued at about $227,000. State of New Jersey Common Pension Fund D lifted its position in Roblox by 8.8% in the second quarter. State of New Jersey Common Pension Fund D now owns 180,114 shares of the company’s stock valued at $18,948,000 after purchasing an additional 14,504 shares during the period. Finally, Asset Management One Co. Ltd. lifted its position in Roblox by 30.7% in the second quarter. Asset Management One Co. Ltd. now owns 238,917 shares of the company’s stock valued at $25,134,000 after purchasing an additional 56,101 shares during the period. Institutional investors and hedge funds own 94.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on RBLX shares. Wall Street Zen upgraded shares of Roblox from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Wells Fargo & Company raised their price objective on shares of Roblox from $153.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, October 3rd. Wolfe Research upgraded shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Friday, August 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Roblox in a report on Saturday. Finally, JPMorgan Chase & Co. increased their target price on shares of Roblox from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, September 22nd. Twenty equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Roblox presently has a consensus rating of “Moderate Buy” and an average target price of $129.22.

Roblox Trading Down 1.1%

Shares of RBLX opened at $127.85 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 50 day simple moving average of $129.77 and a 200-day simple moving average of $106.66. Roblox Corporation has a 1-year low of $41.50 and a 1-year high of $150.59. The stock has a market cap of $82.47 billion, a price-to-earnings ratio of -89.41 and a beta of 1.63.

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 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 analysts’ expectations of $1.20 billion. During the same period last year, the business earned ($0.32) earnings per share. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts forecast that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Insider Buying and Selling at Roblox

In other news, insider Arvind Chakravarthy sold 20,552 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $2,419,175.92. Following the completion of the transaction, the insider directly owned 242,469 shares of the company’s stock, valued at $28,541,025.99. This trade represents a 7.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amy Marie Rawlings sold 6,567 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total transaction of $773,001.57. Following the transaction, the chief accounting officer directly owned 46,866 shares of the company’s stock, valued at approximately $5,516,596.86. This trade represents a 12.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 366,876 shares of company stock valued at $47,485,929. Company insiders own 12.92% of the company’s stock.

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.