Commonwealth Equity Services LLC trimmed its position in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 40.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 42,331 shares of the company’s stock after selling 29,269 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Roblox were worth $3,430,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of RBLX. Norges Bank bought a new position in Roblox during the fourth quarter valued at $435,424,000. Vanguard Group Inc. grew its holdings in Roblox by 5.6% during the third quarter. Vanguard Group Inc. now owns 62,437,998 shares of the company’s stock valued at $8,648,911,000 after purchasing an additional 3,284,073 shares during the period. Capital International Investors grew its holdings in Roblox by 7.3% during the fourth quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock valued at $2,589,282,000 after purchasing an additional 2,184,439 shares during the period. BNP Paribas Financial Markets grew its holdings in Roblox by 99.5% during the fourth quarter. BNP Paribas Financial Markets now owns 3,377,673 shares of the company’s stock valued at $273,693,000 after purchasing an additional 1,684,411 shares during the period. Finally, State Street Corp grew its holdings in Roblox by 11.0% during the third quarter. State Street Corp now owns 13,369,844 shares of the company’s stock valued at $1,851,991,000 after purchasing an additional 1,326,575 shares during the period. 94.46% of the stock is owned by institutional investors.
Roblox Price Performance
Roblox stock opened at $42.30 on Tuesday. Roblox Corporation has a one year low of $40.15 and a one year high of $150.59. The business has a fifty day moving average price of $51.01 and a 200-day moving average price of $66.78. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $28.41 billion, a P/E ratio of -26.77 and a beta of 1.44.
Roblox announced that its Board of Directors has initiated a share buyback program on Tuesday, May 19th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 9.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is undervalued.
Insider Buying and Selling
In related news, insider Matthew D. Kaufman sold 14,356 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.27, for a total value of $649,896.12. Following the sale, the insider owned 349,964 shares in the company, valued at approximately $15,842,870.28. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sean Jack Buckley sold 4,744 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $46.36, for a total value of $219,931.84. Following the completion of the sale, the insider owned 97,141 shares in the company, valued at $4,503,456.76. This trade represents a 4.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 189,449 shares of company stock valued at $9,179,410 in the last ninety days. 10.05% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on RBLX shares. The Goldman Sachs Group reduced their price objective on Roblox from $125.00 to $65.00 and set a “buy” rating for the company in a report on Friday, May 1st. HSBC lowered Roblox from a “buy” rating to a “hold” rating and set a $46.00 price target for the company. in a report on Friday, May 1st. UBS Group cut their price target on Roblox from $74.00 to $49.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Canaccord Genuity Group cut their price target on Roblox from $140.00 to $80.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Wedbush lowered Roblox from a “hold” rating to a “neutral” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $87.07.
Check Out Our Latest Analysis on RBLX
Key Stories Impacting Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Roblox authorized its first-ever share buyback program, allowing the company to repurchase up to $3 billion of stock, with up to $1 billion planned over the next 12 months. Buybacks can signal management confidence and provide support for the share price. Roblox Corporation (RBLX) Authorizes First $3B Share Repurchase Program
- Positive Sentiment: Separately, recent commentary highlighted a bullish investment thesis on Roblox, with some analysts and investors viewing the stock as oversold and potentially attractive at current levels. Is Roblox Corporation (RBLX) A Good Stock To Buy Now?
- Neutral Sentiment: Roblox’s insider Mark Reinstra sold 5,978 shares under a pre-arranged 10b5-1 plan. The sale was disclosed to the SEC and does not necessarily indicate a change in outlook, though investors may still view insider selling cautiously.
- Negative Sentiment: Multiple law firms are alerting investors to a class-action lawsuit covering purchasers of Roblox stock between October 30, 2025 and April 30, 2026, with a lead-plaintiff deadline of August 7, 2026. These notices can add legal overhang and pressure sentiment. RBLX INVESTOR ALERT: Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead the Roblox Class Action Lawsuit – RGRD Law
- Negative Sentiment: Additional lawsuit reminders from Robbins LLP, Faruqi & Faruqi, and Levi & Korsinsky reinforce the same legal risk around alleged securities issues, keeping the stock in the spotlight for the wrong reasons. Investor Notice: Robbins LLP Informs Investors of the Roblox Corporation Class Action Lawsuit
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.
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Want to see what other hedge funds are holding RBLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roblox Corporation (NYSE:RBLX – Free Report).
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