Maverick Capital Ltd. Lowers Holdings in Roblox Corporation $RBLX

Maverick Capital Ltd. decreased its position in shares of Roblox Corporation (NYSE:RBLX) by 97.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 12,507 shares of the company’s stock after selling 505,291 shares during the quarter. Maverick Capital Ltd.’s holdings in Roblox were worth $707,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in RBLX. Norges Bank bought a new stake in shares of Roblox in the fourth quarter valued at about $435,424,000. SRS Investment Management LLC bought a new position in Roblox during the 4th quarter worth about $238,065,000. Capital International Investors increased its position in Roblox by 7.3% during the 4th quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock valued at $2,589,282,000 after purchasing an additional 2,184,439 shares during the period. ValueAct Holdings L.P. increased its position in Roblox by 39.5% during the 4th quarter. ValueAct Holdings L.P. now owns 5,975,821 shares of the company’s stock valued at $484,221,000 after purchasing an additional 1,692,600 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Roblox by 99.5% in the 4th quarter. BNP Paribas Financial Markets now owns 3,377,673 shares of the company’s stock valued at $273,693,000 after purchasing an additional 1,684,411 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Trending Headlines about Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Roth MKM reaffirmed its Buy rating on Roblox, providing continued analyst support ahead of the earnings report. Roth MKM Reaffirms Its Buy Rating on Roblox
• Positive Sentiment: Strong user engagement and artificial-intelligence initiatives are key positives heading into Roblox’s second-quarter results. Investors will look for continued bookings and daily active-user momentum, as well as evidence that platform investments can translate into improving profitability. Roblox Set to Report Q2 Earnings: Key Insights for Investors
• Neutral Sentiment: The upcoming Q2 report is the main near-term catalyst. Wall Street estimates focus on revenue, earnings, bookings, daily active users and engagement for the quarter ended June 2026. Spending levels and the company’s path toward profitability remain important swing factors. Ahead of Roblox Q2 Earnings: Wall Street Estimates
• Negative Sentiment: Several law firms publicized an expanded securities class action involving investors who purchased Roblox shares from October 31, 2024, through April 30, 2026. The allegations reportedly center on disclosures and the impact of age-verification changes. Investors have been notified of an August 7, 2026 lead-plaintiff deadline. The announcements do not represent a court finding of wrongdoing, but they add legal and reputational risk. Roblox Securities Class Action Alert
• Negative Sentiment: Profitability remains a concern: Roblox’s latest reported quarter exceeded the adjusted EPS consensus but missed revenue expectations, while the company remained unprofitable. Shares also remain below their 200-day moving average, underscoring cautious investor sentiment ahead of earnings.

Roblox Trading Up 1.9%

NYSE:RBLX opened at $49.35 on Wednesday. The stock has a market capitalization of $33.14 billion, a price-to-earnings ratio of -31.23 and a beta of 1.41. Roblox Corporation has a 52 week low of $40.15 and a 52 week high of $150.59. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.45. The firm has a 50 day moving average of $49.39 and a 200 day moving average of $57.42.

Roblox (NYSE:RBLX) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the company earned ($0.32) earnings per share. The business’s revenue for the quarter was up 43.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Roblox Corporation will post -1.39 earnings per share for the current fiscal year.

Roblox announced that its board has authorized a stock buyback plan on Tuesday, May 19th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 9.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on RBLX shares. Cantor Fitzgerald started coverage on shares of Roblox in a research report on Monday, June 29th. They issued an “overweight” rating for the company. Barclays raised shares of Roblox from an “equal weight” rating to an “outperform” rating in a research note on Monday, June 29th. TD Cowen upgraded Roblox from a “sell” rating to a “hold” rating and lowered their target price for the stock from $54.00 to $49.00 in a report on Friday, May 1st. Oppenheimer started coverage on Roblox in a research report on Friday, May 1st. They set an “outperform” rating on the stock. Finally, Jefferies Financial Group downgraded Roblox from a “hold” rating to a “hold” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $83.63.

Insider Activity

In related news, Director Gregory Baszucki sold 16,666 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $44.97, for a total transaction of $749,470.02. Following the transaction, the director directly owned 1,294,501 shares of the company’s stock, valued at $58,213,709.97. This represents a 1.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Matthew D. Kaufman sold 14,356 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $45.27, for a total value of $649,896.12. Following the completion of the sale, the insider owned 349,964 shares of the company’s stock, valued at approximately $15,842,870.28. This trade represents a 3.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 161,983 shares of company stock worth $7,580,990 over the last quarter. Company insiders own 10.05% of the company’s stock.

About Roblox

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.