Robeco Institutional Asset Management B.V. lessened its position in Roblox Corporation (NYSE:RBLX – Free Report) by 11.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 578,113 shares of the company’s stock after selling 75,947 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.09% of Roblox worth $24,495,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. raised its position in Roblox by 216.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 5,992,101 shares of the company’s stock worth $253,885,000 after purchasing an additional 4,098,311 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Roblox by 379.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 921,424 shares of the company’s stock valued at $53,102,000 after acquiring an additional 729,379 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in shares of Roblox by 35.5% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 130,130 shares of the company’s stock worth $7,076,000 after buying an additional 34,120 shares in the last quarter. Odyssean LLC raised its holdings in shares of Roblox by 344.4% in the second quarter. Odyssean LLC now owns 40,038 shares of the company’s stock valued at $2,177,000 after purchasing an additional 31,029 shares during the last quarter. Finally, Readystate Asset Management LP raised its holdings in Roblox by 685.8% during the second quarter. Readystate Asset Management LP now owns 377,201 shares of the company’s stock worth $20,512,000 after acquiring an additional 329,201 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.
Roblox Trading Down 1.8%
Shares of Roblox stock opened at $53.00 on Friday. The company has a 50 day simple moving average of $45.12 and a two-hundred day simple moving average of $47.58. Roblox Corporation has a 1 year low of $33.88 and a 1 year high of $134.67. The company has a debt-to-equity ratio of 7.82, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $35.51 billion, a PE ratio of -37.06 and a beta of 1.47.
Roblox (NYSE:RBLX – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.08. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.60 billion. Roblox had a negative return on equity of 292.85% and a negative net margin of 17.60%. Roblox’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.41) EPS. Analysts expect that Roblox Corporation will post -1.39 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Roblox news, insider Mark Reinstra sold 17,934 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $37.96, for a total value of $680,774.64. Following the completion of the sale, the insider owned 398,064 shares in the company, valued at approximately $15,110,509.44. The trade was a 4.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Matthew Kaufman sold 14,904 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $37.96, for a total transaction of $565,755.84. Following the sale, the insider directly owned 335,060 shares of the company’s stock, valued at $12,718,877.60. The trade was a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 186,390 shares of company stock worth $7,283,371. 10.05% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several research analysts have recently commented on RBLX shares. Seaport Research Partners downgraded Roblox to a “neutral” rating in a research note on Monday, June 29th. BTIG Research upped their price objective on shares of Roblox from $30.00 to $41.00 and gave the stock a “sell” rating in a research report on Tuesday, September 15th. Citigroup reduced their price objective on shares of Roblox from $70.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Weiss Ratings reissued a “sell (e+)” rating on shares of Roblox in a research note on Monday, September 21st. Finally, Cantor Fitzgerald started coverage on Roblox in a report on Monday, June 29th. They set an “overweight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $57.22.
View Our Latest Stock Analysis on Roblox
Key Stories Impacting Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Wedbush raised its price target for Roblox from $48 to $55 while maintaining a neutral rating. The revision reflects expectations that user activity remained more resilient than feared in the third quarter. Wedbush Roblox price target update
- Positive Sentiment: Earnings expectations have improved. Analysts see an 8.54% positive Earnings ESP, and recent estimate revisions suggest Roblox could beat expectations when it reports. The company is expected to post a quarterly loss of approximately $0.41 per share on $1.63 billion of revenue. Roblox earnings optimism
- Positive Sentiment: Roblox users reportedly held up better than expected in the third quarter, which could help support engagement metrics and reduce downside risk around the upcoming results. Roblox user trends and spending
- Neutral Sentiment: Roblox’s recent recommendation-system changes prioritize game quality and user retention over near-term spending. This strategy could improve long-term engagement, but it may temporarily reduce monetization growth. What is wrong with Roblox stock
- Negative Sentiment: Spending per user was likely below expectations. Even with resilient user numbers, weaker monetization could pressure bookings and revenue, limiting the benefit of strong engagement.
- Negative Sentiment: Bookings growth slowed sharply in the second quarter, while engagement cooled. Forecasts also call for year-over-year declines in both earnings and revenue, keeping the stock vulnerable if Roblox fails to demonstrate improved monetization.
About Roblox
Roblox Corporation operates Roblox, an online platform where users can create, publish, and participate in interactive digital experiences. The platform supports a broad range of user-generated content, including games, social spaces, entertainment, educational activities, and virtual events.
Roblox provides development tools through Roblox Studio, enabling creators and developers to design experiences and build virtual items and environments. Users can customize avatars, communicate with others, and access content across computers, mobile devices, consoles, and other supported platforms.
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