Nisa Investment Advisors LLC Trims Position in Roblox Corporation $RBLX

Nisa Investment Advisors LLC trimmed its position in shares of Roblox Corporation (NYSE:RBLX) by 61.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,195 shares of the company’s stock after selling 18,092 shares during the period. Nisa Investment Advisors LLC’s holdings in Roblox were worth $1,178,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of RBLX. Nuveen LLC purchased a new position in shares of Roblox in the first quarter valued at about $70,254,000. Fox Run Management L.L.C. raised its stake in Roblox by 56.5% during the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock valued at $709,000 after purchasing an additional 4,390 shares during the period. Moody Lynn & Lieberson LLC purchased a new position in Roblox in the 2nd quarter worth approximately $2,779,000. Long Corridor Asset Management Ltd bought a new position in Roblox in the 1st quarter worth approximately $4,372,000. Finally, OMNI 360 Wealth Inc. boosted its stake in Roblox by 69.9% in the 2nd quarter. OMNI 360 Wealth Inc. now owns 8,059 shares of the company’s stock worth $848,000 after purchasing an additional 3,315 shares during the period. Institutional investors own 94.46% of the company’s stock.

Roblox Stock Up 0.3%

Shares of NYSE:RBLX opened at $113.35 on Friday. The firm has a market capitalization of $73.12 billion, a PE ratio of -79.27 and a beta of 1.63. The business has a 50 day simple moving average of $130.41 and a two-hundred day simple moving average of $109.00. Roblox Corporation has a 1 year low of $47.95 and a 1 year high of $150.59. 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 (NYSE:RBLX) last issued its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.07. Roblox had a negative return on equity of 344.75% and a negative net margin of 21.70%.The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same period last year, the company earned ($0.37) EPS. Roblox’s quarterly revenue was up 70.3% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts predict that Roblox Corporation will post -1.49 EPS for the current year.

Insider Buying and Selling at Roblox

In related news, CAO Amy Marie Rawlings sold 6,567 shares of Roblox stock in a transaction dated 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 owned 46,866 shares in the company, valued at $5,516,596.86. This trade represents a 12.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David Baszucki sold 875 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $126.72, for a total transaction of $110,880.00. Following the completion of the sale, the chief executive officer directly owned 211,559 shares of the company’s stock, valued at approximately $26,808,756.48. This trade represents a 0.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 255,764 shares of company stock valued at $32,929,145. 12.92% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

RBLX has been the topic of several recent analyst reports. Canaccord Genuity Group set a $160.00 price objective on shares of Roblox in a research report on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Roblox in a report on Wednesday, October 8th. UBS Group set a $120.00 price target on shares of Roblox in a research note on Friday. Benchmark restated a “hold” rating on shares of Roblox in a research report on Friday. Finally, Jefferies Financial Group boosted their target price on Roblox from $126.00 to $130.00 and gave the stock a “hold” rating in a research report on Tuesday, October 14th. Twenty-one investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $130.68.

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.