Symmetry Partners LLC Acquires Shares of 2,696 Roblox Corporation $RBLX

Symmetry Partners LLC purchased a new position in shares of Roblox Corporation (NYSE:RBLX) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,696 shares of the company’s stock, valued at approximately $284,000.

A number of other institutional investors also recently modified their holdings of the business. LVW Advisors LLC acquired a new position in shares of Roblox during the 2nd quarter worth $301,000. Independent Wealth Network Inc. raised its holdings in shares of Roblox by 3.9% during the 2nd quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company’s stock worth $409,000 after buying an additional 146 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Roblox by 41.4% during the 2nd quarter. Signaturefd LLC now owns 8,703 shares of the company’s stock worth $916,000 after buying an additional 2,550 shares in the last quarter. ORG Partners LLC acquired a new position in shares of Roblox during the 2nd quarter worth $33,000. Finally, New Insight Wealth Advisors acquired a new position in shares of Roblox during the 2nd quarter worth $375,000. Institutional investors and hedge funds own 94.46% of the company’s stock.

Insiders Place Their Bets

In related news, Director Anthony P. Lee sold 111,112 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $131.01, for a total transaction of $14,556,783.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amy Marie Rawlings sold 6,567 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $773,001.57. Following the transaction, the chief accounting officer owned 46,866 shares of the company’s stock, valued at approximately $5,516,596.86. The trade was a 12.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 372,876 shares of company stock valued at $45,861,309 in the last ninety days. Corporate insiders own 12.92% of the company’s stock.

Roblox Stock Performance

Shares of Roblox stock opened at $135.11 on Friday. The business’s fifty day simple moving average is $127.47 and its 200 day simple moving average is $96.44. The firm has a market capitalization of $87.15 billion, a P/E ratio of -94.48 and a beta of 1.62. Roblox Corporation has a 12 month low of $37.50 and a 12 month high of $150.59. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94.

Roblox (NYSE:RBLX) last issued its quarterly earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The business’s revenue was up 50.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts anticipate that Roblox Corporation will post -1.49 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Needham & Company LLC upped their target price on Roblox from $79.00 to $159.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Benchmark upped their price target on Roblox from $77.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Wells Fargo & Company upped their price target on Roblox from $116.00 to $153.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Citigroup upped their price target on Roblox from $123.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Finally, Arete upgraded Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price target on the stock in a research report on Tuesday, September 9th. Twenty equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $126.24.

Roblox 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.