Roblox Corporation $RBLX Shares Purchased by Strs Ohio

Strs Ohio increased its position in Roblox Corporation (NYSE:RBLX) by 646.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,144 shares of the company’s stock after buying an additional 92,797 shares during the quarter. Strs Ohio’s holdings in Roblox were worth $11,272,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Whipplewood Advisors LLC acquired a new stake in shares of Roblox in the second quarter valued at $34,000. ORG Partners LLC acquired a new stake in Roblox in the 2nd quarter valued at about $33,000. Generali Asset Management SPA SGR acquired a new stake in Roblox in the 2nd quarter valued at about $40,000. Kiker Wealth Management LLC lifted its stake in Roblox by 2,646.7% during the second quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock valued at $43,000 after purchasing an additional 397 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in Roblox by 124.7% during the second quarter. Fifth Third Bancorp now owns 537 shares of the company’s stock valued at $56,000 after purchasing an additional 298 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on RBLX. Wells Fargo & Company cut their target price on shares of Roblox from $155.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday. Wedbush reiterated an “outperform” rating and set a $165.00 price objective on shares of Roblox in a research report on Thursday, September 4th. JPMorgan Chase & Co. reduced their target price on Roblox from $160.00 to $145.00 and set an “overweight” rating for the company in a report on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $159.00 target price on shares of Roblox in a report on Friday. Finally, Roth Capital reaffirmed a “neutral” rating and set a $146.00 price objective on shares of Roblox in a research note on Friday, October 17th. Twenty-one 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $130.68.

Insider Buying and Selling at Roblox

In other Roblox news, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the completion of the sale, the director owned 270,628 shares of the company’s stock, valued at $36,894,715.24. This trade represents a 19.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Amy Marie Rawlings sold 6,567 shares of Roblox stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $773,001.57. Following the sale, the chief accounting officer directly owned 46,866 shares of the company’s stock, valued at $5,516,596.86. This trade represents a 12.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 255,764 shares of company stock valued at $32,929,145 in the last 90 days. Corporate insiders own 12.92% of the company’s stock.

Roblox Stock Performance

Shares of Roblox stock opened at $113.35 on Friday. Roblox Corporation has a 12 month low of $47.95 and a 12 month high of $150.59. The stock has a market cap of $73.12 billion, a PE ratio of -79.27 and a beta of 1.63. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The business has a fifty day simple moving average of $130.41 and a 200-day simple moving average of $109.35.

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

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.