Rathbones Group PLC Makes New $358,000 Investment in Roblox Corporation $RBLX

Rathbones Group PLC acquired a new stake in shares of Roblox Corporation (NYSE:RBLX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,405 shares of the company’s stock, valued at approximately $358,000.

Several other large investors have also modified their holdings of RBLX. ORG Partners LLC purchased a new stake in shares of Roblox during the second quarter valued at $33,000. Larson Financial Group LLC raised its holdings in Roblox by 819.0% during the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock worth $34,000 after buying an additional 516 shares during the period. Whipplewood Advisors LLC purchased a new stake in Roblox during the second quarter valued at about $34,000. Generali Asset Management SPA SGR acquired a new position in shares of Roblox in the second quarter worth about $40,000. Finally, Kiker Wealth Management LLC increased its position in shares of Roblox by 2,646.7% in the second quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock worth $43,000 after acquiring an additional 397 shares in the last quarter. 94.46% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Roblox news, Director Anthony P. Lee sold 66,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $104.07, for a total transaction of $6,868,620.00. Following the completion of the sale, the director owned 266,008 shares of the company’s stock, valued at $27,683,452.56. This represents a 19.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Matthew D. Kaufman sold 6,000 shares of Roblox stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $101.48, for a total transaction of $608,880.00. Following the completion of the transaction, the insider owned 260,642 shares in the company, valued at $26,449,950.16. This trade represents a 2.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 257,520 shares of company stock worth $31,132,002 over the last ninety days. 12.92% of the stock is currently owned by corporate insiders.

Roblox Stock Performance

RBLX stock opened at $104.76 on Wednesday. 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 capitalization of $68.60 billion, a price-to-earnings ratio of -73.26 and a beta of 1.61. Roblox Corporation has a 12 month low of $47.95 and a 12 month high of $150.59. The firm has a 50 day moving average of $127.50 and a two-hundred day moving average of $111.77.

Roblox (NYSE:RBLX) last released its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The business 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%. Roblox’s revenue for the quarter was up 70.3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on RBLX. Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. JPMorgan Chase & Co. decreased their target price on Roblox from $160.00 to $145.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Canaccord Genuity Group set a $160.00 price target on Roblox in a report on Thursday, October 30th. Wells Fargo & Company reduced their price objective on Roblox from $155.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Jefferies Financial Group lifted 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 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.41.

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.