ASR Vermogensbeheer N.V. Increases Position in Roblox Corporation $RBLX

ASR Vermogensbeheer N.V. increased its holdings in Roblox Corporation (NYSE:RBLX) by 54.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 51,425 shares of the company’s stock after buying an additional 18,114 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Roblox were worth $5,409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of RBLX. Robeco Institutional Asset Management B.V. grew its stake in Roblox by 47.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 847,544 shares of the company’s stock valued at $89,162,000 after purchasing an additional 271,910 shares during the period. QTR Family Wealth LLC bought a new stake in shares of Roblox during the 2nd quarter worth $456,000. PFG Investments LLC purchased a new position in shares of Roblox in the 2nd quarter worth about $201,000. TABR Capital Management LLC bought a new position in Roblox during the second quarter valued at about $230,000. Finally, Truist Financial Corp increased its holdings in Roblox by 149.6% during the second quarter. Truist Financial Corp now owns 27,018 shares of the company’s stock worth $2,842,000 after buying an additional 16,194 shares during the last quarter. 94.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Roblox from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, September 22nd. BTIG Research raised their target price on Roblox from $159.00 to $173.00 and gave the stock a “buy” rating in a research report on Tuesday, September 9th. Wells Fargo & Company boosted their target price on Roblox from $153.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday. Barclays increased their price target on Roblox from $62.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, August 1st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Roblox in a research note on Saturday, September 27th. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $126.72.

Roblox Stock Performance

NYSE:RBLX opened at $122.91 on Friday. The business’s fifty day moving average is $128.89 and its 200 day moving average is $98.85. The firm has a market cap of $79.28 billion, a price-to-earnings ratio of -85.95 and a beta of 1.63. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. Roblox Corporation has a 52-week low of $37.50 and a 52-week high of $150.59.

Roblox (NYSE:RBLX) last posted its earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the firm earned ($0.32) EPS. The firm’s quarterly revenue was up 50.5% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that Roblox Corporation will post -1.49 EPS for the current year.

Insider Activity

In related news, CAO Amy Marie Rawlings sold 6,567 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $773,001.57. Following the sale, the chief accounting officer owned 46,866 shares of the company’s stock, valued at approximately $5,516,596.86. This represents a 12.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the firm’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $136.55, for a total transaction of $819,300.00. Following the completion of the transaction, the insider directly owned 278,642 shares of the company’s stock, valued at approximately $38,048,565.10. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 366,876 shares of company stock worth $47,386,869 in the last three months. Insiders own 12.92% of the company’s stock.

About Roblox

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.