Roblox Corporation $RBLX Stock Position Boosted by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS boosted its stake in Roblox Corporation (NYSE:RBLX) by 16.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 194,400 shares of the company’s stock after buying an additional 28,100 shares during the period. KLP Kapitalforvaltning AS’s holdings in Roblox were worth $20,451,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RBLX. Vanguard Group Inc. boosted its position in shares of Roblox by 8.3% during the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock valued at $3,359,854,000 after purchasing an additional 4,400,624 shares in the last quarter. Ieq Capital LLC boosted its position in shares of Roblox by 13.8% during the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock valued at $1,101,097,000 after purchasing an additional 2,297,350 shares in the last quarter. AQR Capital Management LLC boosted 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 valued at $504,387,000 after purchasing an additional 6,007,322 shares in the last quarter. Amundi boosted its position in shares of Roblox by 55.5% during 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. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Roblox by 210.5% during 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. Institutional investors own 94.46% of the company’s stock.

Roblox Price Performance

RBLX stock opened at $125.85 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94. Roblox Corporation has a one year low of $39.30 and a one year high of $150.59. The firm has a market capitalization of $81.18 billion, a PE ratio of -88.01 and a beta of 1.63. The firm has a 50-day moving average of $129.15 and a two-hundred day moving average of $100.23.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wolfe Research upgraded shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Friday, August 22nd. BTIG Research raised their price objective on shares of Roblox from $159.00 to $173.00 and gave the company a “buy” rating in a research report on Tuesday, September 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Roblox in a research report on Wednesday. Arete Research set a $116.00 price objective on shares of Roblox in a research report on Tuesday, September 9th. Finally, Citigroup raised their price objective on shares of Roblox from $152.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday. Twenty equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Roblox presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.84.

Insiders Place Their Bets

In other news, Director Anthony P. Lee sold 66,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $136.33, for a total value of $8,997,780.00. Following the completion of the sale, the director directly owned 270,628 shares of the company’s stock, valued at $36,894,715.24. This represents a 19.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Arvind Chakravarthy sold 20,552 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total transaction of $2,419,175.92. Following the completion of the sale, the insider directly owned 242,469 shares of the company’s stock, valued at $28,541,025.99. This trade represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 372,876 shares of company stock valued at $48,196,989 over 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.