Sei Investments Co. boosted its holdings in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 192.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,080,310 shares of the company’s stock after purchasing an additional 711,259 shares during the period. Sei Investments Co.’s holdings in Roblox were worth $61,102,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. Baird Financial Group Inc. grew its position in Roblox by 1.4% in the second quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after buying an additional 102 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Roblox by 58.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock worth $39,000 after acquiring an additional 105 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Roblox by 2.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock worth $560,000 after acquiring an additional 110 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Roblox by 1.3% in the 2nd quarter. NewEdge Advisors LLC now owns 10,374 shares of the company’s stock worth $1,091,000 after acquiring an additional 138 shares during the last quarter. Finally, L2 Asset Management LLC grew its holdings in shares of Roblox by 5.9% in the 3rd quarter. L2 Asset Management LLC now owns 2,783 shares of the company’s stock worth $386,000 after acquiring an additional 154 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the company. Roth Capital set a $65.00 target price on Roblox in a research report on Tuesday, May 5th. Citigroup reissued a “buy” rating on shares of Roblox in a research note on Wednesday, July 15th. Cantor Fitzgerald started coverage on Roblox in a report on Monday, June 29th. They set an “overweight” rating on the stock. BTIG Research lowered shares of Roblox from a “buy” rating to a “neutral” rating in a research note on Friday, May 1st. Finally, TD Cowen upgraded shares of Roblox from a “sell” rating to a “hold” rating and decreased their target price for the stock from $54.00 to $49.00 in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $85.85.
Trending Headlines about Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Wedbush reaffirmed its Outperform rating on Roblox and kept a $65 price target, implying meaningful upside from current levels. Benzinga report on Wedbush rating reaffirmation
- Neutral Sentiment: Roblox remains scheduled to report earnings soon, keeping investors focused on user-growth trends, monetization, and management commentary around platform engagement. Roblox to Release Earnings on Thursday
- Neutral Sentiment: Several law firms issued updated notices about an existing securities class action, including expanded class-period reminders and approaching lead-plaintiff deadlines. These headlines add legal overhang, but they are largely procedural unless new allegations materially change the case. Roblox Deadline: RBLX Investors with Losses in Excess of $100K Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit
- Negative Sentiment: Wedbush trimmed fiscal 2026 estimates, citing near-term user-growth pressure tied to age-verification friction that may be limiting platform access and slowing engagement. Roblox estimates trimmed by Wedbush ahead of second quarter results
Roblox Trading Down 0.1%
NYSE RBLX opened at $47.51 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. Roblox Corporation has a 1-year low of $40.15 and a 1-year high of $150.59. The firm’s fifty day simple moving average is $49.27 and its 200-day simple moving average is $57.97. The company has a market capitalization of $31.91 billion, a PE ratio of -30.07 and a beta of 1.41.
Roblox (NYSE:RBLX – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the firm earned ($0.32) earnings per share. The business’s revenue for the quarter was up 43.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Roblox Corporation will post -1.39 earnings per share for the current fiscal year.
Roblox announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 19th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 9.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.
Insider Activity at Roblox
In other news, CEO David Baszucki sold 50,628 shares of Roblox stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the completion of the sale, the chief executive officer directly owned 852,214 shares in the company, valued at $38,588,249.92. The trade was a 5.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Matthew D. Kaufman sold 14,356 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were 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 of the company’s stock, valued at approximately $15,842,870.28. The trade was a 3.94% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 161,983 shares of company stock worth $7,580,990. 10.05% of the stock is currently owned by corporate insiders.
About Roblox
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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