a16z Perennial Management L.P. Lowers Stock Position in Roblox Corporation $RBLX

a16z Perennial Management L.P. trimmed its holdings in shares of Roblox Corporation (NYSE:RBLX) by 18.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,532 shares of the company’s stock after selling 25,623 shares during the quarter. Roblox makes up approximately 1.0% of a16z Perennial Management L.P.’s investment portfolio, making the stock its 12th biggest holding. a16z Perennial Management L.P.’s holdings in Roblox were worth $15,726,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. NewEdge Advisors LLC grew its stake in Roblox by 2.3% in the first quarter. NewEdge Advisors LLC now owns 10,236 shares of the company’s stock valued at $597,000 after purchasing an additional 231 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of Roblox by 70.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 13,000 shares of the company’s stock worth $1,368,000 after buying an additional 5,363 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Roblox by 1.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 26,589 shares of the company’s stock worth $2,797,000 after acquiring an additional 355 shares in the last quarter. Truist Financial Corp raised its stake in shares of Roblox by 149.6% during the 2nd quarter. Truist Financial Corp now owns 27,018 shares of the company’s stock worth $2,842,000 after acquiring an additional 16,194 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in Roblox during the second quarter valued at approximately $90,000. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Roblox News Summary

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Strong Q4 engagement and bookings — Bookings rose sharply and daily active users and engaged hours topped Street expectations, a core reason shares rallied after the print. Barron’s: Roblox Reports Huge Surge in Bookings, Users, Engagement
• Positive Sentiment: Guidance upside — Management gave first-quarter and full‑year bookings/revenue targets that were above consensus, reinforcing growth expectations and fueling the post‑earnings rally. CNBC: Roblox shares rocket 20% on earnings beat, strong forecast
• Positive Sentiment: Management narrative on product and AI — CEO Dave Baszucki emphasized AI tools that enable creator-driven content and ongoing focus on community/safety, supporting the long‑term monetization story. YouTube: Roblox earnings: CEO talks gaming, AI, and user growth
• Neutral Sentiment: Coverage mostly bullish but mixed — Several firms reaffirmed positive ratings and high price targets (e.g., BTIG, Wedbush), reflecting confidence in the growth outlook even after recent volatility. Benzinga: Analyst notes
• Neutral Sentiment: Market reaction centered on user metrics more than GAAP profitability — reporters and analysts are highlighting DAU/bookings growth as the primary driver rather than near‑term EPS. WSJ: Roblox Posts Higher Revenue as Bookings, Daily Active Users Rise
• Negative Sentiment: Analyst downgrades / lower targets — Some shops cut price targets or trimmed expectations (JPMorgan cut its target to $75 and moved to neutral), which could cap upside if momentum fades. Benzinga: JPMorgan price target cut
• Negative Sentiment: Company still unprofitable — Roblox reported a GAAP loss (improved vs. prior year) and negative margins, a reminder that growth is not yet translating into sustained profitability. MarketBeat: Q4 results and transcript

Insiders Place Their Bets

In other news, insider Matthew D. Kaufman sold 20,867 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $96.10, for a total value of $2,005,318.70. Following the sale, the insider owned 239,775 shares in the company, valued at $23,042,377.50. This represents a 8.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Arvind Chakravarthy sold 20,912 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.23, for a total value of $1,991,449.76. Following the sale, the insider directly owned 181,043 shares in the company, valued at approximately $17,240,724.89. This trade represents a 10.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 423,899 shares of company stock worth $37,883,851. 12.92% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on RBLX shares. Barclays set a $115.00 price target on shares of Roblox in a report on Friday. Wolfe Research set a $100.00 price objective on shares of Roblox in a report on Monday, January 5th. Benchmark reiterated a “hold” rating on shares of Roblox in a research note on Monday. UBS Group set a $74.00 price target on shares of Roblox in a research note on Friday. Finally, Macquarie Infrastructure raised their price target on shares of Roblox from $158.00 to $164.00 and gave the stock an “outperform” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $123.76.

Roblox Stock Performance

Shares of NYSE RBLX opened at $66.59 on Friday. The company has a 50 day simple moving average of $81.19 and a two-hundred day simple moving average of $107.88. The stock has a market cap of $43.61 billion, a price-to-earnings ratio of -42.96 and a beta of 1.63. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a 12 month low of $50.10 and a 12 month high of $150.59.

Roblox (NYSE:RBLX) last issued its earnings results on Thursday, February 5th. The company reported ($0.45) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.49) by $0.04. Roblox had a negative net margin of 21.78% and a negative return on equity of 311.88%. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same quarter last year, the company posted ($0.33) earnings per share. The firm’s revenue was up 122.6% compared to the same quarter last year. As a group, analysts predict that Roblox Corporation will post -1.49 earnings per share for the current year.

Roblox Company 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.