MBL Wealth LLC Acquires New Stake in Roblox Corporation $RBLX

MBL Wealth LLC bought a new stake in shares of Roblox Corporation (NYSE:RBLX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,555 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in shares of Roblox during the third quarter worth $62,000. Crossmark Global Holdings Inc. lifted its holdings in shares of Roblox by 5.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 6,205 shares of the company’s stock valued at $263,000 after purchasing an additional 311 shares during the last quarter. Pinnacle Associates Ltd. boosted its position in shares of Roblox by 247.7% in the 3rd quarter. Pinnacle Associates Ltd. now owns 17,196 shares of the company’s stock worth $729,000 after purchasing an additional 12,250 shares in the last quarter. Kaufman Rossin Wealth LLC acquired a new stake in shares of Roblox in the 3rd quarter worth $213,000. Finally, IFP Advisors Inc boosted its position in shares of Roblox by 19.6% in the 3rd quarter. IFP Advisors Inc now owns 40,104 shares of the company’s stock worth $1,699,000 after purchasing an additional 6,577 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Insider Buying and Selling

In other Roblox news, Director Gregory Baszucki sold 16,666 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $40.47, for a total transaction of $674,473.02. Following the sale, the director owned 1,261,169 shares in the company, valued at approximately $51,039,509.43. The trade was a 1.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Reinstra sold 17,934 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $37.96, for a total value of $680,774.64. Following the completion of the transaction, the insider directly owned 398,064 shares in the company, valued at $15,110,509.44. This represents a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 186,390 shares of company stock worth $7,283,371 over the last three months. Corporate insiders own 10.05% of the company’s stock.

Roblox Trading Down 1.8%

NYSE:RBLX opened at $53.00 on Friday. Roblox Corporation has a 12 month low of $33.88 and a 12 month high of $134.67. The firm has a fifty day simple moving average of $45.12 and a 200-day simple moving average of $47.58. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 7.82. The company has a market capitalization of $35.51 billion, a P/E ratio of -37.06 and a beta of 1.47.

Roblox (NYSE:RBLX) last announced its quarterly earnings data on Thursday, July 30th. The company reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.08. Roblox had a negative net margin of 17.60% and a negative return on equity of 292.85%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.60 billion. During the same period in the previous year, the company earned ($0.41) earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities research analysts anticipate that Roblox Corporation will post -1.39 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on RBLX. UBS Group boosted their target price on Roblox from $45.00 to $53.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th. TD Cowen decreased their price target on Roblox from $49.00 to $40.00 and set a “hold” rating for the company in a research note on Friday, July 31st. Morgan Stanley lowered their price target on Roblox from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, July 31st. BMO Capital Markets downgraded Roblox from an “outperform” rating to a “market perform” rating and set a $45.00 price target for the company. in a report on Friday, July 31st. Finally, Oppenheimer restated an “outperform” rating on shares of Roblox in a research note on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $57.22.

Key Stories Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Wedbush raised its price target for Roblox from $48 to $55 while maintaining a neutral rating. The revision reflects expectations that user activity remained more resilient than feared in the third quarter. Wedbush Roblox price target update
• Positive Sentiment: Earnings expectations have improved. Analysts see an 8.54% positive Earnings ESP, and recent estimate revisions suggest Roblox could beat expectations when it reports. The company is expected to post a quarterly loss of approximately $0.41 per share on $1.63 billion of revenue. Roblox earnings optimism
• Positive Sentiment: Roblox users reportedly held up better than expected in the third quarter, which could help support engagement metrics and reduce downside risk around the upcoming results. Roblox user trends and spending
• Neutral Sentiment: Roblox’s recent recommendation-system changes prioritize game quality and user retention over near-term spending. This strategy could improve long-term engagement, but it may temporarily reduce monetization growth. What is wrong with Roblox stock
• Negative Sentiment: Spending per user was likely below expectations. Even with resilient user numbers, weaker monetization could pressure bookings and revenue, limiting the benefit of strong engagement.
• Negative Sentiment: Bookings growth slowed sharply in the second quarter, while engagement cooled. Forecasts also call for year-over-year declines in both earnings and revenue, keeping the stock vulnerable if Roblox fails to demonstrate improved monetization.

Roblox Profile

Roblox Corporation operates Roblox, an online platform where users can create, publish, and participate in interactive digital experiences. The platform supports a broad range of user-generated content, including games, social spaces, entertainment, educational activities, and virtual events.

Roblox provides development tools through Roblox Studio, enabling creators and developers to design experiences and build virtual items and environments. Users can customize avatars, communicate with others, and access content across computers, mobile devices, consoles, and other supported platforms.