Bank of New York Mellon Corp Has $239.48 Million Holdings in Roblox Corporation $RBLX

Bank of New York Mellon Corp raised its holdings in Roblox Corporation (NYSE:RBLX) by 6.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,728,832 shares of the company’s stock after purchasing an additional 110,430 shares during the quarter. Bank of New York Mellon Corp owned 0.26% of Roblox worth $239,478,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in RBLX. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Roblox during the third quarter valued at about $26,000. Total Investment Management Inc. bought a new position in Roblox during the 2nd quarter worth approximately $29,000. Whipplewood Advisors LLC acquired a new position in Roblox in the second quarter valued at $34,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Roblox in the third quarter valued at approximately $37,000. Finally, Root Financial Partners LLC acquired a new position in shares of Roblox during the 3rd quarter valued at $38,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on RBLX shares. UBS Group set a $155.00 price objective on Roblox in a report on Tuesday, January 13th. Jefferies Financial Group set a $85.00 price target on shares of Roblox in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Roblox in a research note on Monday, December 29th. Citigroup upped their target price on shares of Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Wells Fargo & Company cut their price target on Roblox from $141.00 to $107.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Seventeen 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 company. According to data from MarketBeat, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $131.65.

Insider Activity

In other Roblox news, insider Arvind Chakravarthy sold 20,912 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $95.23, for a total transaction of $1,991,449.76. Following the completion of the transaction, the insider directly owned 181,043 shares of the company’s stock, valued at approximately $17,240,724.89. This represents a 10.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David Baszucki sold 66,896 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $104.53, for a total value of $6,992,638.88. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 504,300 shares of company stock worth $46,290,436. 12.92% of the stock is owned by insiders.

Roblox Stock Down 13.5%

Shares of NYSE:RBLX opened at $65.53 on Friday. The company has a market capitalization of $42.91 billion, a PE ratio of -45.83 and a beta of 1.64. Roblox Corporation has a 1 year low of $50.10 and a 1 year high of $150.59. The company has a debt-to-equity ratio of 2.54, a current ratio of 0.96 and a quick ratio of 0.96. The business has a fifty day moving average price of $83.98 and a two-hundred day moving average price of $109.83.

Roblox (NYSE:RBLX) last posted its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share 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 314.20%. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the prior year, the business earned ($0.37) earnings per share. The firm’s revenue for the quarter was up 70.3% on a year-over-year basis. Analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current year.

Key Stories Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: JPMorgan flagged that Roblox’s recent stabilization in engagement trends is “encouraging,” which could support revenue visibility if usage holds steady and monetization improves. JPMorgan: Stabilization Encouraging
• Neutral Sentiment: Upcoming earnings are a near‑term catalyst: analysts expect a year‑over‑year decline in EPS and the company is due to report, so results and guidance could swing sentiment. Monitor bookings, engagement metrics and margin commentary. Analysts Expect Earnings Decline
• Neutral Sentiment: Debt and valuation context: the company carries leverage and a negative trailing P/E; some investors view recent pullbacks as a buying opportunity if engagement and monetization signals improve. Coverage pieces are debating attractiveness after the pullback. Is Roblox Still Attractive?
• Negative Sentiment: Google’s new Project Genie, which aims to let users create fully rendered 3D worlds and controllable characters, rattled gaming and creator-platform stocks today and put downward pressure on Roblox shares as investors reassess competitive risk. Google’s Project Genie Hammers Gaming Stocks
• Negative Sentiment: The Netherlands’ consumer regulator (ACM) opened a probe into Roblox over potential risks to minors and exposure to harmful content in the EU; regulatory investigations raise the prospect of fines, imposed compliance costs, or feature restrictions that could hit engagement and monetization. Dutch regulator to probe Roblox
• Negative Sentiment: Wedbush trimmed its price target from $165 to $110 (while keeping an outperform rating), a reduction that can weaken sentiment and reprice expectations even though the new target still implies upside from current levels. Wedbush Lowers Price Target

Roblox Profile

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.