Roblox Corporation $RBLX Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Roblox Corporation (NYSE:RBLX) by 2.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,153,925 shares of the company’s stock after acquiring an additional 1,513,608 shares during the period. Vanguard Group Inc. owned about 9.17% of Roblox worth $6,222,993,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Whipplewood Advisors LLC acquired a new stake in Roblox during the 2nd quarter valued at approximately $34,000. ORG Partners LLC purchased a new position in shares of Roblox during the 2nd quarter valued at approximately $33,000. Generali Asset Management SPA SGR acquired a new stake in shares of Roblox during the second quarter worth approximately $40,000. Kiker Wealth Management LLC increased its stake 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 buying an additional 397 shares during the last quarter. Finally, SouthState Corp increased its stake in shares of Roblox by 232.1% in the second quarter. SouthState Corp now owns 435 shares of the company’s stock worth $46,000 after buying an additional 304 shares during the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

Roblox Stock Up 0.6%

RBLX stock opened at $101.91 on Wednesday. The firm’s 50-day simple moving average is $124.69 and its 200 day simple moving average is $112.96. The stock has a market cap of $66.74 billion, a PE ratio of -71.27 and a beta of 1.61. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a fifty-two week low of $47.95 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLX) last issued 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 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 314.20% and a negative net margin of 21.70%.The business’s revenue for the quarter was up 70.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Roblox Corporation will post -1.49 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Raymond James Financial reissued an “outperform” rating and set a $165.00 price objective (up from $155.00) on shares of Roblox in a report on Tuesday, October 14th. Wedbush reiterated an “outperform” rating and issued a $165.00 price target on shares of Roblox in a research note on Thursday, September 4th. Wall Street Zen raised Roblox from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Bank of America increased their target price on Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Finally, Macquarie boosted their price target on Roblox from $158.00 to $164.00 and gave the company an “outperform” rating in a report on Tuesday, November 4th. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $136.41.

Insider Activity at Roblox

In other Roblox news, insider Mark Reinstra sold 2,401 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $104.60, for a total transaction of $251,144.60. Following the completion of the transaction, the insider directly owned 387,314 shares of the company’s stock, valued at approximately $40,513,044.40. This trade represents a 0.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $104.07, for a total value of $6,868,620.00. Following the transaction, the director directly owned 266,008 shares in the company, valued at approximately $27,683,452.56. The trade was a 19.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 297,297 shares of company stock valued at $34,932,463. 12.92% of the stock is currently owned by insiders.

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.