Jennison Associates LLC Reduces Holdings in Roblox Corporation $RBLX

Posted by Brenda Bartman on Jul 21st, 2026

Jennison Associates LLC lowered its holdings in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 3.5% in the first quarter, HoldingsChannel.com reports. The fund owned 438,326 shares of the company’s stock after selling 15,983 shares during the quarter. Jennison Associates LLC’s holdings in Roblox were worth $24,792,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of RBLX. Sunbelt Securities Inc. grew its position in shares of Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after purchasing an additional 105 shares during the last quarter. Horizon Investments LLC raised its position in shares of Roblox by 2,636.4% during the 3rd quarter. Horizon Investments LLC now owns 301 shares of the company’s stock worth $42,000 after purchasing an additional 290 shares during the last quarter. Reyes Financial Architecture Inc. raised its position in shares of Roblox by 164.4% during the 4th quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock worth $25,000 after purchasing an additional 194 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Roblox in the 4th quarter valued at approximately $27,000. Finally, GW&K Investment Management LLC lifted its stake in Roblox by 76.3% in the 4th quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock valued at $30,000 after buying an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Insider Transactions at Roblox

In related news, Director Gregory Baszucki sold 16,666 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $44.97, for a total transaction of $749,470.02. Following the transaction, the director directly owned 1,294,501 shares in the company, valued at approximately $58,213,709.97. This represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Matthew D. Kaufman sold 14,356 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $45.27, for a total value of $649,896.12. Following the completion of the sale, the insider directly owned 349,964 shares in the company, valued at approximately $15,842,870.28. The trade was a 3.94% 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. In the last three months, insiders sold 161,983 shares of company stock valued at $7,580,990. Corporate insiders own 10.05% of the company’s stock.

More Roblox News

Here are the key news stories impacting Roblox this week:

Positive Sentiment: Investors are bidding up Roblox ahead of its July 30 second-quarter earnings release, with traders positioning for a potentially strong update on summer engagement and user growth. Roblox gains as investors look ahead to earnings and recent platform updates
Positive Sentiment: Recent product changes, including the rollout of Roblox Kids and Roblox Select accounts, may be improving sentiment by showing the company is tightening safety controls while expanding its age-based offerings. Roblox gains as investors look ahead to earnings and recent platform updates
Neutral Sentiment: Analyst commentary remains constructive, with recent coverage describing Roblox as favorably positioned versus Take-Two thanks to user growth, creator incentives, and AI capabilities. Roblox vs. Take-Two: Which Gaming Stock Has the Edge Now?
Negative Sentiment: Multiple law firms are advertising securities class-action claims and lead-plaintiff deadlines tied to Roblox’s stock performance during the October 2025 to April 2026 period, which could weigh on sentiment and keep legal risk in focus. RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit with the Schall Law Firm
Negative Sentiment: Fresh litigation notices from Rosen Law Firm, Hagens Berman, and Bronstein, Gewirtz & Grossman extend the legal overhang and may remind investors of potential costs and distraction for management. HBSS Investigating Claims Against Roblox (RBLX) In Pending Securities Class Action

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RBLX. The Goldman Sachs Group dropped their price target on Roblox from $125.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Jefferies Financial Group downgraded Roblox from a “hold” rating to a “hold” rating in a research report on Friday, May 1st. Roth Capital set a $65.00 price objective on Roblox in a research note on Tuesday, May 5th. Raymond James Financial began coverage on Roblox in a research report on Monday, June 29th. They set a “market perform” rating for the company. Finally, Canaccord Genuity Group cut their target price on shares of Roblox from $140.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $85.48.

Read Our Latest Research Report on Roblox

Roblox Stock Up 3.2%

RBLX stock opened at $53.31 on Tuesday. The company has a 50 day moving average price of $48.72 and a two-hundred day moving average price of $58.70. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market capitalization of $35.80 billion, a P/E ratio of -33.74 and a beta of 1.41. Roblox Corporation has a one year low of $40.15 and a one year 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) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. Roblox had a negative return on equity of 277.69% and a negative net margin of 20.69%.The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the company posted ($0.32) EPS. The business’s revenue for the quarter was up 43.4% compared to the same quarter last year. As a group, sell-side analysts expect that Roblox Corporation will post -1.39 EPS for the current year.

Roblox announced that its board has initiated a share repurchase plan on Tuesday, May 19th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 9.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

About Roblox

(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.