ODonnell Financial Services LLC Grows Stake in Roblox Corporation $RBLX

ODonnell Financial Services LLC increased its position in Roblox Corporation (NYSE:RBLX) by 6.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,504 shares of the company’s stock after purchasing an additional 941 shares during the period. Roblox makes up approximately 0.6% of ODonnell Financial Services LLC’s holdings, making the stock its 25th biggest position. ODonnell Financial Services LLC’s holdings in Roblox were worth $1,526,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of RBLX. AQR Capital Management LLC raised its holdings in Roblox by 217.4% in the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock worth $504,387,000 after buying 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 first quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock valued at $3,359,854,000 after acquiring an additional 4,400,624 shares in the last quarter. Ninety One UK Ltd purchased a new position in Roblox in the 1st quarter worth approximately $137,379,000. Ieq Capital LLC raised its holdings 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 acquiring an additional 2,297,350 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock valued at $189,840,000 after acquiring an additional 2,207,897 shares in the last quarter. 94.46% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Arvind Chakravarthy sold 20,552 shares of the company’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 $2,419,175.92. Following the completion of the transaction, the insider owned 242,469 shares of the company’s stock, valued at $28,541,025.99. This represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Amy Marie Rawlings sold 6,567 shares of the company’s 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 $773,001.57. Following the completion of the transaction, the chief accounting officer owned 46,866 shares of the company’s stock, valued at $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. Over the last 90 days, insiders sold 366,876 shares of company stock worth $47,485,929. 12.92% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

RBLX has been the subject of a number of research analyst reports. Canaccord Genuity Group lifted their target price on Roblox from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Roblox in a research report on Wednesday, October 8th. Wedbush reiterated an “outperform” rating and issued a $165.00 price objective on shares of Roblox in a report on Thursday, September 4th. Arete raised Roblox from a “sell” rating to a “neutral” rating and set a $116.00 target price for the company in a research report on Tuesday, September 9th. Finally, Barclays raised their price target on shares of Roblox from $62.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.22.

Roblox Stock Performance

Shares of RBLX opened at $132.81 on Monday. The business has a 50-day simple moving average of $129.30 and a two-hundred day simple moving average of $104.28. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. Roblox Corporation has a 52 week low of $39.30 and a 52 week high of $150.59. The stock has a market cap of $85.67 billion, a price-to-earnings ratio of -92.87 and a beta of 1.63.

Roblox (NYSE:RBLX) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The company’s revenue was up 50.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect that Roblox Corporation will post -1.49 EPS for the current year.

About Roblox

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.