Roblox Corporation $RBLX Stock Holdings Lessened by Tredje AP fonden

Tredje AP fonden lowered its stake in Roblox Corporation (NYSE:RBLX) by 10.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,816 shares of the company’s stock after selling 6,750 shares during the period. Tredje AP fonden’s holdings in Roblox were worth $6,293,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Emerald Advisers LLC increased its holdings in shares of Roblox by 1.9% in the second quarter. Emerald Advisers LLC now owns 6,683 shares of the company’s stock valued at $703,000 after buying an additional 124 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Roblox by 1.9% in the second quarter. Yousif Capital Management LLC now owns 6,925 shares of the company’s stock valued at $729,000 after buying an additional 127 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Roblox by 21.4% in the second quarter. Farther Finance Advisors LLC now owns 801 shares of the company’s stock valued at $84,000 after buying an additional 141 shares in the last quarter. Independent Wealth Network Inc. increased its holdings in shares of Roblox by 3.9% in the second quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company’s stock valued at $409,000 after buying an additional 146 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of Roblox by 1.2% in the first quarter. SBI Securities Co. Ltd. now owns 13,295 shares of the company’s stock valued at $775,000 after buying an additional 163 shares in the last quarter. Institutional investors own 94.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on RBLX. Wall Street Zen upgraded shares of Roblox from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Wolfe Research upgraded shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research report on Friday, August 22nd. Needham & Company LLC reiterated a “buy” rating and set a $159.00 price objective on shares of Roblox in a research report on Friday. Wedbush reiterated an “outperform” rating and set a $165.00 price objective on shares of Roblox in a research report on Thursday, September 4th. Finally, Bank of America lifted their price objective on shares of Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Twenty-one research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $130.68.

Insider Buying and Selling at Roblox

In other news, Director Andrea L. Wong sold 5,770 shares of the business’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $130.40, for a total transaction of $752,408.00. Following the transaction, the director directly owned 41,891 shares in the company, valued at $5,462,586.40. The trade was a 12.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Amy Marie Rawlings sold 6,567 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer owned 46,866 shares in the company, valued at approximately $5,516,596.86. This represents a 12.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 255,764 shares of company stock worth $32,929,145 over the last 90 days. 12.92% of the stock is currently owned by insiders.

Roblox Trading Up 0.3%

Roblox stock opened at $113.35 on Friday. The company’s fifty day simple moving average is $130.41 and its 200-day simple moving average is $109.35. 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 12 month low of $47.95 and a 12 month high of $150.59. The stock has a market cap of $73.12 billion, a P/E ratio of -79.27 and a beta of 1.63.

Roblox (NYSE:RBLX) last posted its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, beating the consensus estimate of ($0.44) by $0.07. Roblox had a negative net margin of 21.70% and a negative return on equity of 344.75%. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the company posted ($0.37) EPS. Roblox’s revenue was up 70.3% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Roblox Corporation will post -1.49 EPS for the current fiscal year.

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.