Readystate Asset Management LP acquired a new stake in Roblox Corporation (NYSE:RBLX – Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 48,000 shares of the company’s stock, valued at approximately $2,715,000.
Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Roblox by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 63,458,784 shares of the company’s stock valued at $5,142,065,000 after purchasing an additional 1,020,786 shares during the period. Capital International Investors grew its holdings in Roblox by 7.3% during the 4th quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock valued at $2,589,282,000 after buying an additional 2,184,439 shares in the last quarter. Morgan Stanley grew its holdings in Roblox by 8.1% during the 4th quarter. Morgan Stanley now owns 20,728,914 shares of the company’s stock valued at $1,679,664,000 after buying an additional 1,555,549 shares in the last quarter. State Street Corp increased its position in shares of Roblox by 3.3% during the fourth quarter. State Street Corp now owns 13,812,362 shares of the company’s stock valued at $1,119,216,000 after buying an additional 442,518 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Roblox by 4.7% in the fourth quarter. Geode Capital Management LLC now owns 12,220,045 shares of the company’s stock worth $988,002,000 after buying an additional 547,103 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.
Roblox Trading Up 1.9%
NYSE RBLX opened at $49.35 on Wednesday. The stock’s 50-day simple moving average is $49.39 and its two-hundred day simple moving average is $57.42. Roblox Corporation has a twelve month low of $40.15 and a twelve month high of $150.59. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.45. The company has a market capitalization of $33.14 billion, a price-to-earnings ratio of -31.23 and a beta of 1.41.
Roblox announced that its board has authorized a stock repurchase program on Tuesday, May 19th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the company to repurchase up to 9.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.
Analyst Ratings Changes
A number of equities analysts have recently commented on RBLX shares. UBS Group initiated coverage on shares of Roblox in a research report on Monday, June 29th. They issued a “buy” rating for the company. HSBC downgraded shares of Roblox from a “buy” rating to a “hold” rating and set a $46.00 price target for the company. in a report on Friday, May 1st. Barclays raised shares of Roblox from an “equal weight” rating to an “outperform” rating in a report on Monday, June 29th. Oppenheimer began coverage on Roblox in a research report on Friday, May 1st. They issued an “outperform” rating on the stock. Finally, Canaccord Genuity Group dropped their price objective on Roblox from $140.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Roblox has an average rating of “Moderate Buy” and a consensus target price of $83.63.
View Our Latest Analysis on Roblox
Trending Headlines about Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Roth MKM reaffirmed its Buy rating on Roblox, providing continued analyst support ahead of the earnings report. Roth MKM Reaffirms Its Buy Rating on Roblox
- Positive Sentiment: Strong user engagement and artificial-intelligence initiatives are key positives heading into Roblox’s second-quarter results. Investors will look for continued bookings and daily active-user momentum, as well as evidence that platform investments can translate into improving profitability. Roblox Set to Report Q2 Earnings: Key Insights for Investors
- Neutral Sentiment: The upcoming Q2 report is the main near-term catalyst. Wall Street estimates focus on revenue, earnings, bookings, daily active users and engagement for the quarter ended June 2026. Spending levels and the company’s path toward profitability remain important swing factors. Ahead of Roblox Q2 Earnings: Wall Street Estimates
- Negative Sentiment: Several law firms publicized an expanded securities class action involving investors who purchased Roblox shares from October 31, 2024, through April 30, 2026. The allegations reportedly center on disclosures and the impact of age-verification changes. Investors have been notified of an August 7, 2026 lead-plaintiff deadline. The announcements do not represent a court finding of wrongdoing, but they add legal and reputational risk. Roblox Securities Class Action Alert
- Negative Sentiment: Profitability remains a concern: Roblox’s latest reported quarter exceeded the adjusted EPS consensus but missed revenue expectations, while the company remained unprofitable. Shares also remain below their 200-day moving average, underscoring cautious investor sentiment ahead of earnings.
Insider Buying and Selling
In other Roblox news, insider Matthew D. Kaufman sold 14,356 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $45.27, for a total transaction of $649,896.12. Following the transaction, the insider directly owned 349,964 shares in the company, valued at $15,842,870.28. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sean Jack Buckley sold 4,744 shares of Roblox stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $46.36, for a total transaction of $219,931.84. Following the transaction, the insider directly owned 97,141 shares in the company, valued at $4,503,456.76. This trade represents a 4.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 161,983 shares of company stock worth $7,580,990 over the last ninety days. Corporate insiders own 10.05% of the company’s stock.
Roblox Company Profile
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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