Rockefeller Capital Management L.P. Cuts Stock Holdings in Roblox Corporation $RBLX

Posted by Brenda Bartman on Jun 30th, 2026

Rockefeller Capital Management L.P. reduced its stake in Roblox Corporation (NYSE:RBLX – Free Report) by 26.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,629 shares of the company’s stock after selling 9,792 shares during the period. Rockefeller Capital Management L.P.’s holdings in Roblox were worth $2,158,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Baird Financial Group Inc. boosted its holdings in shares of Roblox by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock valued at $767,000 after purchasing an additional 102 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock worth $39,000 after purchasing an additional 105 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Roblox by 2.8% in the third quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock worth $560,000 after buying an additional 110 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Roblox by 1.3% in the second quarter. NewEdge Advisors LLC now owns 10,374 shares of the company’s stock worth $1,091,000 after buying an additional 138 shares in the last quarter. Finally, L2 Asset Management LLC boosted its stake in Roblox by 5.9% during the third quarter. L2 Asset Management LLC now owns 2,783 shares of the company’s stock valued at $386,000 after buying an additional 154 shares during the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Insider Transactions at Roblox

In related news, insider Sean Jack Buckley sold 4,744 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $46.36, for a total value of $219,931.84. Following the sale, the insider directly owned 97,141 shares of the company’s stock, valued at $4,503,456.76. This represents a 4.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David Baszucki sold 50,628 shares of the 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. This trade represents a 5.61% decrease in their ownership of the stock. 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. In the last ninety days, insiders have sold 189,449 shares of company stock worth $9,179,410. 10.05% of the stock is currently owned by insiders.

Roblox Stock Performance

NYSE:RBLX opened at $54.37 on Tuesday. The firm has a market capitalization of $36.51 billion, a PE ratio of -34.41 and a beta of 1.44. The stock’s fifty day moving average is $48.06 and its 200 day moving average is $61.84. Roblox Corporation has a fifty-two week low of $40.15 and a fifty-two week high of $150.59. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89.

Roblox (NYSE:RBLX – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($0.35) EPS for the quarter, topping the consensus estimate of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the firm earned ($0.32) earnings per share. Roblox’s quarterly revenue was up 43.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Roblox Corporation will post -1.4 earnings per share for the current year.

Roblox announced that its Board of Directors has initiated a share buyback program on Tuesday, May 19th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the company to repurchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms have weighed in on RBLX. Weiss Ratings restated a “sell (e+)” rating on shares of Roblox in a report on Wednesday, June 24th. Piper Sandler downgraded Roblox from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $100.00 to $50.00 in a research report on Monday, May 4th. The Goldman Sachs Group cut their target price on shares of Roblox from $125.00 to $65.00 and set a “buy” rating for the company in a report on Friday, May 1st. Morgan Stanley restated an “overweight” rating and issued a $62.00 price target on shares of Roblox in a research report on Friday, May 1st. Finally, HSBC downgraded shares of Roblox from a “buy” rating to a “hold” rating and set a $46.00 price target on the stock. in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $86.30.

Read Our Latest Research Report on Roblox

Trending Headlines about Roblox

Here are the key news stories impacting Roblox this week:

Positive Sentiment: Roblox is seeing unusually heavy call option activity, suggesting some traders are betting on further upside in the stock. Roblox shows huge, unusual call option activity – is RBLX stock too cheap?
Positive Sentiment: Market commentary is highlighting a possible valuation opportunity in Roblox after the recent selloff, which may be helping attract bargain hunters. Roblox stock is surging Monday: What’s driving the action?
Neutral Sentiment: Several law firms are reminding investors of the August 7 deadline to seek lead-plaintiff status in the securities class action, keeping legal scrutiny around Roblox in the spotlight. ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages Roblox Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – RBLX
Neutral Sentiment: The class-action filings center on Roblox’s April quarter update, where the company reported a sharp sequential decline in daily active users after its age-verification rollout, adding uncertainty around user growth. Roblox Corporation (RBLX) Faces Securities Class Action Amid Surprise Age Verification Impact, $6.7 Billion Market Cap Wiped Out – HBBS
Negative Sentiment: Multiple firms say a securities fraud class action has already been filed against Roblox and its officers, a legal overhang that could pressure sentiment. RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit

Roblox Company Profile

(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.