3,114 Shares in Roblox Corporation $RBLX Acquired by Real Talk Capital LLC

Real Talk Capital LLC acquired a new position in shares of Roblox Corporation (NYSE:RBLX) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,114 shares of the company’s stock, valued at approximately $328,000.

A number of other hedge funds and other institutional investors have also modified their holdings of RBLX. Whipplewood Advisors LLC acquired a new stake in Roblox during the second quarter worth approximately $34,000. ORG Partners LLC purchased a new position in shares of Roblox during the 2nd quarter worth $33,000. Generali Asset Management SPA SGR acquired a new stake in shares of Roblox during the second quarter worth $40,000. Kiker Wealth Management LLC grew 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 valued at $43,000 after purchasing an additional 397 shares during the period. Finally, SouthState Corp grew its position in shares of Roblox by 232.1% in the second quarter. SouthState Corp now owns 435 shares of the company’s stock valued at $46,000 after purchasing an additional 304 shares during the period. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Roblox Stock Down 4.3%

RBLX stock opened at $97.37 on Thursday. The company has a market capitalization of $63.76 billion, a P/E ratio of -68.09 and a beta of 1.61. The firm has a 50 day simple moving average of $123.97 and a 200-day simple moving average of $112.85. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a twelve month low of $47.95 and a twelve month high of $150.59.

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

Insider Transactions at Roblox

In other Roblox news, insider Mark Reinstra sold 2,401 shares of the stock in a transaction that occurred 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 transaction, the insider 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO David Baszucki sold 66,896 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $104.53, for a total value of $6,992,638.88. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 297,297 shares of company stock worth $34,932,463. 12.92% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Barclays raised their price target on Roblox from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. Cowen reaffirmed a “sell” rating on shares of Roblox in a research report on Monday, August 18th. Roth Capital reaffirmed a “neutral” rating and issued a $146.00 target price on shares of Roblox in a research report on Friday, October 17th. Wells Fargo & Company dropped their price target 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, Oppenheimer reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Roblox in a research note on Friday, October 31st. Twenty research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock 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.