WCG Wealth Advisors LLC Acquires Shares of 23,286 Roblox Corporation $RBLX

Posted by George Bondi on Jun 6th, 2026

WCG Wealth Advisors LLC acquired a new stake in shares of Roblox Corporation (NYSE:RBLX – Free Report) in the 4th quarter, HoldingsChannel reports. The firm acquired 23,286 shares of the company’s stock, valued at approximately $1,887,000.

Other institutional investors have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. raised its position in Roblox by 164.4% during the fourth quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock valued at $25,000 after purchasing an additional 194 shares in the last quarter. Fideuram Asset Management Ireland dac bought a new stake in shares of Roblox during the fourth quarter worth $27,000. Indiana Trust & Investment Management Co bought a new stake in shares of Roblox in the fourth quarter worth $32,000. Garner Asset Management Corp bought a new stake in shares of Roblox in the fourth quarter worth $37,000. Finally, Sunbelt Securities Inc. grew its stake in shares of Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock worth $39,000 after purchasing an additional 105 shares during the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on RBLX shares. Piper Sandler cut shares of Roblox from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $100.00 to $50.00 in a research note on Monday, May 4th. Roth Mkm set a $65.00 price target on shares of Roblox in a research report on Tuesday, May 5th. Wall Street Zen cut shares of Roblox from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. JPMorgan Chase & Co. cut their price target on shares of Roblox from $100.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Finally, DA Davidson cut their price target on shares of Roblox from $47.50 to $45.00 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $87.07.

Read Our Latest Stock Report on Roblox

Roblox Stock Performance

Shares of RBLX opened at $41.92 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.45. The stock has a market capitalization of $28.15 billion, a P/E ratio of -26.53 and a beta of 1.44. The firm’s fifty day simple moving average is $51.24 and its two-hundred day simple moving average is $67.43. Roblox Corporation has a 12 month low of $40.15 and a 12 month high of $150.59.

Roblox (NYSE:RBLX – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.35) EPS for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the prior year, the firm posted ($0.32) earnings per share. The business’s quarterly revenue was up 43.4% compared to the same quarter last year. As a group, analysts predict that Roblox Corporation will post -1.4 EPS for the current year.

Roblox declared that its board has approved a share repurchase plan on Tuesday, May 19th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the company to repurchase up to 9.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other news, insider Matthew D. Kaufman sold 14,356 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $45.27, for a total transaction of $649,896.12. Following the completion of the transaction, the insider directly owned 349,964 shares in the company, valued at $15,842,870.28. The trade was a 3.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO David Baszucki sold 50,628 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the transaction, the chief executive officer owned 852,214 shares of the company’s stock, valued at $38,588,249.92. This trade represents a 5.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 183,471 shares of company stock worth $8,930,068. Corporate insiders own 10.05% of the company’s stock.

Roblox Profile

(Free Report)

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.