Lecap Asset Management Ltd. Purchases New Stake in Roblox Corporation $RBLX

Lecap Asset Management Ltd. acquired a new position in shares of Roblox Corporation (NYSE:RBLX) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,192 shares of the company’s stock, valued at approximately $546,000.

Several other large investors also recently made changes to their positions in the business. ASR Vermogensbeheer N.V. raised its stake in shares of Roblox by 54.4% in the 2nd quarter. ASR Vermogensbeheer N.V. now owns 51,425 shares of the company’s stock valued at $5,409,000 after acquiring an additional 18,114 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Roblox by 47.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 847,544 shares of the company’s stock valued at $89,162,000 after purchasing an additional 271,910 shares in the last quarter. QTR Family Wealth LLC purchased a new position in Roblox in the second quarter valued at about $456,000. PFG Investments LLC acquired a new position in shares of Roblox during the second quarter worth about $201,000. Finally, TABR Capital Management LLC purchased a new stake in shares of Roblox in the second quarter worth about $230,000. Institutional investors and hedge funds own 94.46% of the company’s stock.

Insider Transactions at Roblox

In other news, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the completion of the transaction, the insider owned 242,469 shares in the company, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amy Marie Rawlings sold 6,567 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $773,001.57. Following the completion of the sale, the chief accounting officer owned 46,866 shares of the company’s stock, valued at $5,516,596.86. This trade represents a 12.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 366,876 shares of company stock worth $47,386,869. 12.92% of the stock is currently owned by corporate insiders.

Roblox Trading Down 0.5%

NYSE RBLX opened at $133.44 on Friday. The company has a market capitalization of $86.07 billion, a price-to-earnings ratio of -93.31 and a beta of 1.63. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. Roblox Corporation has a 12 month low of $37.50 and a 12 month high of $150.59. The company’s fifty day moving average price is $128.81 and its two-hundred day moving average price is $98.39.

Roblox (NYSE:RBLX) last issued its 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). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same quarter last year, the company posted ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts predict that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RBLX has been the topic of several analyst reports. Benchmark raised their target price on Roblox from $77.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 1st. Citigroup lifted their price objective on shares of Roblox from $123.00 to $152.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Barclays upped their target price on shares of Roblox from $62.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Arete raised shares of Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price target on the stock in a research note on Tuesday, September 9th. Finally, BTIG Research boosted their price objective on shares of Roblox from $159.00 to $173.00 and gave the stock a “buy” rating in a report on Tuesday, September 9th. Twenty research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Roblox presently has an average rating of “Moderate Buy” and a consensus target price of $126.64.

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.