Ameritas Advisory Services LLC Takes Position in Roblox Corporation $RBLX

Ameritas Advisory Services LLC acquired a new stake in shares of Roblox Corporation (NYSE:RBLX) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 852 shares of the company’s stock, valued at approximately $90,000.

A number of other hedge funds have also recently made changes to their positions in RBLX. Park Avenue Securities LLC acquired a new position in shares of Roblox during the first quarter valued at about $293,000. GAMMA Investing LLC boosted its holdings in Roblox by 89.5% during the first quarter. GAMMA Investing LLC now owns 2,274 shares of the company’s stock worth $133,000 after purchasing an additional 1,074 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in Roblox by 5.0% during the first quarter. Handelsbanken Fonder AB now owns 130,081 shares of the company’s stock worth $7,582,000 after purchasing an additional 6,225 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Roblox by 1,294.9% during the first quarter. Assenagon Asset Management S.A. now owns 641,913 shares of the company’s stock worth $37,417,000 after purchasing an additional 595,895 shares during the last quarter. Finally, Simon Quick Advisors LLC boosted its holdings in Roblox by 17.7% during the first quarter. Simon Quick Advisors LLC now owns 5,783 shares of the company’s stock worth $337,000 after purchasing an additional 868 shares during the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox Stock Performance

NYSE RBLX opened at $126.77 on Friday. The company’s 50 day moving average is $128.96 and its 200-day moving average is $101.12. Roblox Corporation has a 12-month low of $39.30 and a 12-month high of $150.59. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The firm has a market cap of $81.77 billion, a P/E ratio of -88.65 and a beta of 1.63.

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

Wall Street Analysts Forecast Growth

RBLX has been the topic of several analyst reports. Morgan Stanley boosted their price target on shares of Roblox from $76.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Canaccord Genuity Group boosted their price target on shares of Roblox from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Roblox in a report on Wednesday. Bank of America boosted their price target on shares of Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Finally, Wall Street Zen cut shares of Roblox from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $126.84.

Insider Buying and Selling at Roblox

In related news, insider Arvind Chakravarthy sold 20,552 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 $2,419,175.92. Following the sale, the insider owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. This represents a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David Baszucki sold 875 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $126.72, for a total transaction of $110,880.00. Following the sale, the chief executive officer directly owned 211,559 shares in the company, valued at $26,808,756.48. This trade represents a 0.41% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 372,876 shares of company stock worth $48,196,989 in the last ninety days. Insiders own 12.92% of the company’s stock.

Roblox Company Profile

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.