Versor Investments LP Sells 9,800 Shares of Roblox Corporation $RBLX

Versor Investments LP reduced its holdings in shares of Roblox Corporation (NYSE:RBLX) by 46.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,206 shares of the company’s stock after selling 9,800 shares during the quarter. Versor Investments LP’s holdings in Roblox were worth $1,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Plato Investment Management Ltd lifted its holdings in shares of Roblox by 2.1% during the second quarter. Plato Investment Management Ltd now owns 14,416 shares of the company’s stock valued at $1,511,000 after purchasing an additional 292 shares in the last quarter. Simon Quick Advisors LLC lifted its holdings in shares of Roblox by 9.0% during the second quarter. Simon Quick Advisors LLC now owns 6,304 shares of the company’s stock valued at $663,000 after purchasing an additional 521 shares in the last quarter. Strs Ohio lifted its holdings in shares of Roblox by 646.8% during the second quarter. Strs Ohio now owns 107,144 shares of the company’s stock valued at $11,272,000 after purchasing an additional 92,797 shares in the last quarter. Impact Partnership Wealth LLC bought a new position in shares of Roblox during the second quarter valued at $240,000. Finally, Amalgamated Bank lifted its holdings in shares of Roblox by 14.8% during the second quarter. Amalgamated Bank now owns 42,696 shares of the company’s stock valued at $4,492,000 after purchasing an additional 5,495 shares in the last quarter. 94.46% of the stock is owned by institutional investors.

Roblox Stock Performance

Shares of RBLX opened at $113.35 on Monday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. The business has a 50-day simple moving average of $130.41 and a two-hundred day simple moving average of $109.70. The stock has a market cap of $74.23 billion, a price-to-earnings ratio of -79.27 and a beta of 1.61. Roblox Corporation has a 52 week low of $47.95 and a 52 week high of $150.59.

Roblox (NYSE:RBLX) last issued its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.07. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The business’s quarterly revenue was up 70.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.37) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts expect that Roblox Corporation will post -1.49 EPS for the current year.

Insiders Place Their Bets

In other Roblox news, Director Anthony P. Lee sold 66,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was 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 in the company, valued at $36,894,715.24. This represents a 19.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 shares of the company’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 owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. The trade was a 7.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 249,994 shares of company stock valued at $32,176,737. 12.92% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

RBLX has been the topic of a number of research analyst reports. Arete raised Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price target on the stock in a report on Tuesday, September 9th. Bank of America upped their price objective on Roblox from $159.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, September 8th. Wall Street Zen upgraded Roblox from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. BMO Capital Markets upped their price objective on Roblox from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Finally, The Goldman Sachs Group upgraded Roblox from a “neutral” rating to a “buy” rating and upped their price objective for the company from $155.00 to $180.00 in a research report on Friday. Twenty-one equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $130.68.

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.