KLP Kapitalforvaltning AS lifted its stake in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 4.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 203,500 shares of the company’s stock after acquiring an additional 9,100 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Roblox were worth $28,189,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Total Investment Management Inc. acquired a new position in Roblox during the 2nd quarter worth $29,000. Salomon & Ludwin LLC acquired a new stake in Roblox in the 3rd quarter valued at about $41,000. Whipplewood Advisors LLC purchased a new position in shares of Roblox in the 2nd quarter valued at about $34,000. ORG Partners LLC acquired a new position in shares of Roblox during the second quarter worth about $33,000. Finally, Generali Asset Management SPA SGR acquired a new position in shares of Roblox during the second quarter worth about $40,000. 94.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on RBLX. Raymond James Financial reaffirmed an “outperform” rating and issued a $165.00 target price (up previously from $155.00) on shares of Roblox in a report on Tuesday, October 14th. Roth Capital reissued a “neutral” rating and issued a $146.00 price objective on shares of Roblox in a research report on Friday, October 17th. Wolfe Research set a $100.00 price objective on shares of Roblox in a report on Monday. Morgan Stanley reiterated an “overweight” rating on shares of Roblox in a research note on Thursday, December 11th. Finally, Citigroup increased their target price on Roblox from $152.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Eighteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $133.96.
Key Stories Impacting Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Roblox is requiring users worldwide to complete age‑checks to access chat — a move that reduces regulatory and brand risk, may improve parental trust and could support ad/partner demand over time. Roblox Requires Users Worldwide to Age-Check to Access Chat
- Positive Sentiment: Technical coverage flagged Roblox as re‑entering bullish chart patterns, which can attract momentum and technical traders. Former Stock Picks Re-Enter the Technical Spotlight
- Positive Sentiment: Third‑party ecosystem activity: Super League acquired a stake in a top Roblox game (“Hide or Die!”), which highlights continued commercial interest in high‑engagement Roblox titles and could drive partnership/marketing dollars back into the platform. Super League Acquires Stake in Top 100 Roblox Game: Hide or Die!
- Neutral Sentiment: Zacks and other outlets published stock‑research/forecast pieces (including Earnings ESP coverage) that may help some investors evaluate near‑term earnings upside vs. risk, but contain no major new company developments. Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
- Negative Sentiment: Analyst pressure: Wolfe Research cut its price target (reported lowering to $100 from $150) and TD Cowen trimmed targets citing growth concerns — analyst downgrades are a key driver of recent selling. Roblox price target lowered to $100 from $150 at Wolfe Research Roblox stock falls after TD Cowen cuts price target on growth concerns
- Negative Sentiment: Recent price action and commentary: coverage noting a ~23% drop over the past month and headlines about 8‑month lows have amplified selling momentum and investor caution. Roblox Stock Is Falling – Buy Or Wait? Roblox shares hit 8-month low—what’s behind the move?
- Negative Sentiment: Insider selling: Director Anthony Lee disclosed a sale of 59,000 shares, which investors often view as a negative signal when combined with analyst cuts and weak price momentum. Anthony Lee Sells 59,000 Shares of Roblox
Roblox Trading Up 0.9%
Shares of Roblox stock opened at $76.48 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54. The company has a fifty day simple moving average of $92.60 and a 200-day simple moving average of $113.13. The stock has a market cap of $50.08 billion, a price-to-earnings ratio of -53.48 and a beta of 1.64. Roblox Corporation has a 12-month low of $50.10 and a 12-month high of $150.59.
Roblox (NYSE:RBLX – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, topping 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 314.20%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same period last year, the business earned ($0.37) EPS. Roblox’s revenue for the quarter was up 70.3% compared to the same quarter last year. On average, equities analysts forecast that Roblox Corporation will post -1.49 EPS for the current fiscal year.
Insider Buying and Selling at Roblox
In other news, CAO Amy Marie Rawlings sold 2,642 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.24, for a total value of $251,624.08. Following the completion of the sale, the chief accounting officer directly owned 46,452 shares of the company’s stock, valued at approximately $4,424,088.48. The trade was a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark Reinstra sold 16,782 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $95.24, for a total value of $1,598,317.68. Following the transaction, the insider owned 370,532 shares in the company, valued at $35,289,467.68. This represents a 4.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 430,404 shares of company stock valued at $40,597,079. 12.92% of the stock is owned by insiders.
About Roblox
Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.
Roblox’s business model is built around its virtual economy and creator ecosystem.
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