Rathbones Group PLC Invests $358,000 in Roblox Corporation $RBLX

Rathbones Group PLC bought a new position in shares of Roblox Corporation (NYSE:RBLXFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,405 shares of the company’s stock, valued at approximately $358,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in 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 last quarter. Ieq Capital LLC grew its position in Roblox by 13.8% during the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after buying an additional 2,297,350 shares in the last quarter. AQR Capital Management LLC increased its stake in Roblox by 217.4% during the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after acquiring an additional 6,007,322 shares during the period. Amundi raised its holdings in Roblox by 55.5% in the 1st quarter. Amundi now owns 4,960,806 shares of the company’s stock valued at $288,818,000 after acquiring an additional 1,769,669 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock worth $189,840,000 after acquiring an additional 2,207,897 shares during the period. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Matthew D. Kaufman sold 6,000 shares of Roblox stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $101.48, for a total value of $608,880.00. Following the completion of the transaction, the insider directly owned 260,642 shares of the company’s stock, valued at $26,449,950.16. The trade was a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mark Reinstra sold 2,401 shares of the company’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $104.60, for a total transaction of $251,144.60. Following the transaction, the insider owned 387,314 shares in the company, valued at approximately $40,513,044.40. This trade represents a 0.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 257,520 shares of company stock valued at $31,132,002. 12.92% of the stock is owned by corporate insiders.

Roblox Trading Down 0.6%

Shares of RBLX stock opened at $104.76 on Wednesday. The company has a market capitalization of $68.60 billion, a P/E ratio of -73.26 and a beta of 1.61. Roblox Corporation has a 12-month low of $47.95 and a 12-month high of $150.59. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. The firm has a 50-day moving average price of $127.50 and a 200 day moving average price of $111.77.

Roblox (NYSE:RBLXGet Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, topping the consensus estimate of ($0.44) by $0.07. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The company’s quarterly revenue was up 70.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.37) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on RBLX shares. Roth Capital restated a “neutral” rating and set a $146.00 price objective on shares of Roblox in a research report on Friday, October 17th. The Goldman Sachs Group upgraded shares of Roblox from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $155.00 to $180.00 in a research note on Friday, October 31st. Benchmark restated a “hold” rating on shares of Roblox in a research note on Friday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $159.00 price objective on shares of Roblox in a report on Friday, October 31st. Finally, Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Twenty analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $136.41.

Check Out Our Latest Stock Report on Roblox

Roblox Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Roblox (NYSE:RBLX)

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