J. Safra Sarasin Holding AG Cuts Holdings in Roblox Corporation $RBLX

J. Safra Sarasin Holding AG decreased its stake in Roblox Corporation (NYSE:RBLX) by 39.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 27,382 shares of the company’s stock after selling 18,047 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Roblox were worth $2,881,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in RBLX. AQR Capital Management LLC increased its stake in Roblox by 217.4% in the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after acquiring an additional 6,007,322 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Roblox by 8.3% during the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock valued at $3,359,854,000 after purchasing an additional 4,400,624 shares during the last quarter. Ninety One UK Ltd purchased a new position in shares of Roblox during the 1st quarter valued at about $137,379,000. Ieq Capital LLC lifted its position in Roblox by 13.8% in the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after buying an additional 2,297,350 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in Roblox by 210.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock worth $189,840,000 after buying an additional 2,207,897 shares in the last quarter. 94.46% of the stock is owned by institutional investors.

Insider Transactions at Roblox

In other news, insider Matthew D. Kaufman sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $136.55, for a total value of $819,300.00. Following the completion of the transaction, the insider owned 278,642 shares in the company, valued at $38,048,565.10. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Anthony P. Lee sold 111,112 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $131.01, for a total value of $14,556,783.12. The disclosure for this sale can be found here. Insiders sold a total of 366,876 shares of company stock worth $47,386,869 over the last 90 days. 12.92% of the stock is currently owned by insiders.

Roblox Trading Down 0.5%

NYSE:RBLX opened at $133.44 on Friday. The company has a 50-day moving average price of $128.81 and a 200-day moving average price of $98.39. The stock has a market cap of $86.07 billion, a price-to-earnings ratio of -93.31 and a beta of 1.63. 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 Corporation has a 12 month low of $37.50 and a 12 month high of $150.59.

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

Analysts Set New Price Targets

Several research analysts have commented on the stock. Citigroup lifted their price target on shares of Roblox from $123.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Wolfe Research upgraded shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Friday, August 22nd. Canaccord Genuity Group upped their price target on shares of Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Benchmark lifted their price objective on Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, BMO Capital Markets increased their target price on Roblox from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Thursday. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $126.64.

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.