Midwest Trust Co Makes New Investment in Roblox Corporation $RBLX

Midwest Trust Co bought a new stake in Roblox Corporation (NYSE:RBLX) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,260 shares of the company’s stock, valued at approximately $343,000.

A number of other institutional investors also recently modified their holdings of RBLX. AQR Capital Management LLC lifted its position in shares of Roblox by 217.4% during the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock worth $504,387,000 after buying an additional 6,007,322 shares during the last quarter. Vanguard Group Inc. raised its stake in Roblox by 8.3% during the first quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock worth $3,359,854,000 after acquiring an additional 4,400,624 shares in the last quarter. Ieq Capital LLC lifted its holdings in shares of Roblox by 13.8% in the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after acquiring an additional 2,297,350 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock valued at $189,840,000 after purchasing an additional 2,207,897 shares in the last quarter. Finally, Amundi boosted its stake in shares of Roblox by 55.5% in the 1st quarter. Amundi now owns 4,960,806 shares of the company’s stock valued at $288,818,000 after purchasing an additional 1,769,669 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Roblox Stock Performance

NYSE RBLX opened at $104.29 on Thursday. The company has a market capitalization of $68.30 billion, a price-to-earnings ratio of -72.93 and a beta of 1.61. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a twelve month low of $47.95 and a twelve month high of $150.59. The stock has a fifty day simple moving average of $126.91 and a 200 day simple moving average of $111.72.

Roblox (NYSE:RBLX) last released its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The business’s revenue was up 70.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that Roblox Corporation will post -1.49 EPS for the current year.

Analyst Ratings Changes

RBLX has been the subject of several research reports. Raymond James Financial reissued an “outperform” rating and issued a $165.00 price objective (up previously from $155.00) on shares of Roblox in a research note on Tuesday, October 14th. Bank of America upped 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. Arete Research set a $116.00 price objective on Roblox in a report on Tuesday, September 9th. BTIG Research reduced their price objective on Roblox from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Finally, Benchmark reiterated a “hold” rating on shares of Roblox in a research report on Friday, October 31st. Twenty analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.41.

Insider Buying and Selling

In other news, insider Matthew D. Kaufman sold 6,000 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $101.48, for a total value of $608,880.00. Following the sale, the insider directly owned 260,642 shares of the company’s stock, valued at approximately $26,449,950.16. This represents a 2.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Anthony P. Lee sold 66,000 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $104.07, for a total transaction of $6,868,620.00. Following the sale, the director owned 266,008 shares of the company’s stock, valued at approximately $27,683,452.56. This trade represents a 19.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 257,520 shares of company stock valued at $31,132,002. 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.