Roblox Corporation $RBLX Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC raised its stake in shares of Roblox Corporation (NYSE:RBLX) by 10.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 34,334 shares of the company’s stock after buying an additional 3,293 shares during the period. Motley Fool Asset Management LLC’s holdings in Roblox were worth $3,612,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of RBLX. AQR Capital Management LLC increased its stake in Roblox by 217.4% during the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after buying an additional 6,007,322 shares during the period. Vanguard Group Inc. grew its stake in shares of Roblox by 8.3% in the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock worth $3,359,854,000 after purchasing an additional 4,400,624 shares during the last quarter. Ninety One UK Ltd acquired a new position in shares of Roblox in the 1st quarter worth approximately $137,379,000. Ieq Capital LLC grew its stake in shares of 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 purchasing an additional 2,297,350 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock worth $189,840,000 after purchasing an additional 2,207,897 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Roblox Stock Performance

Roblox stock opened at $128.53 on Tuesday. The firm’s 50 day simple moving average is $129.94 and its 200-day simple moving average is $107.50. The company has a market cap of $82.91 billion, a P/E ratio of -89.88 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 fifty-two week low of $41.50 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the business earned ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts predict that Roblox Corporation will post -1.49 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RBLX. Wells Fargo & Company lifted their price objective on shares of Roblox from $153.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, October 3rd. Citigroup lifted their price objective on shares of Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Benchmark lifted their price objective on shares of Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Canaccord Genuity Group lifted their price objective on shares of Roblox from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Roblox in a research note on Friday. Twenty research 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. Based on data from MarketBeat.com, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $129.22.

Insider Buying and Selling at Roblox

In related news, CAO Amy Marie Rawlings sold 6,567 shares of the firm’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 transaction of $773,001.57. Following the completion of the sale, the chief accounting officer directly owned 46,866 shares in the company, valued at approximately $5,516,596.86. This trade represents a 12.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Anthony P. Lee sold 66,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the sale, the director owned 270,628 shares of the company’s stock, valued at approximately $36,894,715.24. This represents a 19.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 366,876 shares of company stock valued at $47,485,929 in the last 90 days. Corporate insiders own 12.92% of the company’s stock.

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.