Anthony Lee Sells 66,000 Shares of Roblox (NYSE:RBLX) Stock

Roblox Corporation (NYSE:RBLX) Director Anthony Lee sold 66,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the completion of the sale, the director owned 270,628 shares in the company, valued at approximately $36,894,715.24. This trade represents a 19.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Roblox Stock Performance

Roblox stock opened at $122.91 on Friday. The company’s 50-day moving average price is $128.89 and its 200-day moving average price is $99.13. Roblox Corporation has a twelve month low of $37.50 and a twelve month high of $150.59. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The company has a market cap of $79.28 billion, a PE ratio of -85.95 and a beta of 1.63.

Roblox (NYSE:RBLX) last posted its earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the firm earned ($0.32) earnings per share. The business’s quarterly revenue was up 50.5% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Institutional Investors Weigh In On Roblox

Several large investors have recently added to or reduced their stakes in RBLX. AQR Capital Management LLC boosted its position in Roblox by 217.4% in the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after buying an additional 6,007,322 shares during the period. Vanguard Group Inc. lifted its position in shares of Roblox by 8.3% in the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock worth $3,359,854,000 after purchasing an additional 4,400,624 shares during the period. Norges Bank purchased a new stake in shares of Roblox in the 2nd quarter worth approximately $350,720,000. Ninety One UK Ltd purchased a new stake in shares of Roblox in the 1st quarter worth approximately $137,379,000. Finally, Ieq Capital LLC lifted its position in shares of Roblox by 13.8% in the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after purchasing an additional 2,297,350 shares during the period. 94.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on RBLX shares. Canaccord Genuity Group upped their price target on shares of Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, July 31st. BTIG Research upped their price target on shares of Roblox from $159.00 to $173.00 and gave the company a “buy” rating in a report on Tuesday, September 9th. Wedbush reiterated an “outperform” rating and set a $165.00 price target on shares of Roblox in a report on Thursday, September 4th. Needham & Company LLC upped their price target on shares of Roblox from $79.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Benchmark upped their price target on shares of Roblox from $77.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $126.72.

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.