Aviva PLC Acquires 140,119 Shares of Roblox Corporation $RBLX

Aviva PLC boosted its stake in shares of Roblox Corporation (NYSE:RBLX) by 53.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 401,445 shares of the company’s stock after purchasing an additional 140,119 shares during the quarter. Aviva PLC owned about 0.06% of Roblox worth $42,232,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Emerald Advisers LLC boosted its holdings in shares of Roblox by 1.9% during the 2nd quarter. Emerald Advisers LLC now owns 6,683 shares of the company’s stock worth $703,000 after buying an additional 124 shares during the period. Yousif Capital Management LLC raised its holdings in Roblox by 1.9% in the 2nd quarter. Yousif Capital Management LLC now owns 6,925 shares of the company’s stock valued at $729,000 after acquiring an additional 127 shares during the period. GPS Wealth Strategies Group LLC lifted its position in Roblox by 7.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,823 shares of the company’s stock worth $192,000 after acquiring an additional 132 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Roblox by 21.4% during the second quarter. Farther Finance Advisors LLC now owns 801 shares of the company’s stock worth $84,000 after acquiring an additional 141 shares during the period. Finally, Independent Wealth Network Inc. grew its position in shares of Roblox by 3.9% in the second quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company’s stock valued at $409,000 after purchasing an additional 146 shares during the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Barclays lifted their price target on Roblox from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Arete raised Roblox from a “sell” rating to a “neutral” rating and set a $116.00 target price for the company in a report on Tuesday, September 9th. BMO Capital Markets upped their price target on shares of Roblox from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Wedbush reaffirmed an “outperform” rating and set a $165.00 price target on shares of Roblox in a research report on Thursday, September 4th. Finally, Wolfe Research raised shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a report on Friday, August 22nd. Twenty investment 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 stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.41.

Roblox Stock Up 5.7%

RBLX stock opened at $107.09 on Monday. Roblox Corporation has a 52 week low of $47.95 and a 52 week high of $150.59. The business has a 50-day simple moving average of $128.35 and a 200 day simple moving average of $111.23. 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 company has a market cap of $70.13 billion, a PE ratio of -74.89 and a beta of 1.61.

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

Insiders Place Their Bets

In other news, insider Matthew D. Kaufman sold 6,000 shares of Roblox stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $136.55, for a total value of $819,300.00. Following the transaction, the insider owned 278,642 shares in the company, valued at approximately $38,048,565.10. This trade represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark Reinstra sold 2,401 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $104.60, for a total value of $251,144.60. Following the transaction, the insider directly owned 387,314 shares of the company’s stock, valued at $40,513,044.40. This trade represents a 0.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 251,520 shares of company stock valued at $30,523,122 over the last three months. 12.92% of the stock is owned by corporate insiders.

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.