Impact Partnership Wealth LLC Invests $240,000 in Roblox Corporation $RBLX

Impact Partnership Wealth LLC acquired a new position in Roblox Corporation (NYSE:RBLX) in the second quarter, Holdings Channel.com reports. The firm acquired 2,280 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Roblox by 8.3% in the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock worth $3,359,854,000 after purchasing an additional 4,400,624 shares in the last quarter. Ieq Capital LLC boosted its holdings in shares of 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. AQR Capital Management LLC boosted its holdings in shares of Roblox by 217.4% in the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock worth $504,387,000 after purchasing an additional 6,007,322 shares in the last quarter. Amundi boosted its holdings in shares of Roblox by 55.5% in the 1st quarter. Amundi now owns 4,960,806 shares of the company’s stock worth $288,818,000 after purchasing an additional 1,769,669 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock worth $189,840,000 after purchasing an additional 2,207,897 shares in the last quarter. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Roblox

In other Roblox news, CAO Amy Marie Rawlings sold 6,567 shares of the company’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 completion of the transaction, the chief accounting officer owned 46,866 shares of the company’s stock, valued at $5,516,596.86. This represents a 12.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Matthew D. Kaufman sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $135.02, for a total value of $810,120.00. Following the transaction, the insider directly owned 272,642 shares of the company’s stock, valued at $36,812,122.84. The trade was a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 255,764 shares of company stock worth $32,929,145 over the last three months. 12.92% of the stock is owned by corporate insiders.

Roblox Trading Up 0.3%

RBLX opened at $113.35 on Friday. The business has a 50 day simple moving average of $130.41 and a two-hundred day simple moving average of $109.00. The firm has a market capitalization of $73.12 billion, a price-to-earnings ratio of -79.27 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 Corporation has a one year low of $47.95 and a one year high of $150.59.

Roblox (NYSE:RBLX) last released its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.64 billion. Roblox had a negative return on equity of 344.75% and a negative net margin of 21.70%.Roblox’s quarterly revenue was up 70.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts predict that Roblox Corporation will post -1.49 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on RBLX. Cowen reissued a “sell” rating on shares of Roblox in a research note on Monday, August 18th. Wells Fargo & Company lowered their target price on Roblox from $155.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday. Raymond James Financial reissued an “outperform” rating and issued a $165.00 target price (up previously from $155.00) on shares of Roblox in a research note on Tuesday, October 14th. The Goldman Sachs Group raised Roblox from a “neutral” rating to a “buy” rating and boosted their target price for the company from $155.00 to $180.00 in a research note on Friday. Finally, Jefferies Financial Group boosted their target price on Roblox from $126.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, October 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $130.68.

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.