ODonnell Financial Services LLC Boosts Stock Position in Roblox Corporation $RBLX

ODonnell Financial Services LLC increased its holdings in Roblox Corporation (NYSE:RBLX) by 6.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 14,504 shares of the company’s stock after buying an additional 941 shares during the period. Roblox accounts for approximately 0.6% of ODonnell Financial Services LLC’s portfolio, making the stock its 25th largest position. ODonnell Financial Services LLC’s holdings in Roblox were worth $1,526,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Roblox by 89.5% in the 1st quarter. GAMMA Investing LLC now owns 2,274 shares of the company’s stock worth $133,000 after buying an additional 1,074 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Roblox by 138.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 139,086 shares of the company’s stock worth $8,107,000 after acquiring an additional 80,804 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Roblox by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 26,234 shares of the company’s stock worth $1,529,000 after acquiring an additional 727 shares during the last quarter. Praxis Investment Management Inc. raised its position in Roblox by 20.6% during the first quarter. Praxis Investment Management Inc. now owns 19,330 shares of the company’s stock valued at $1,127,000 after purchasing an additional 3,300 shares during the period. Finally, Garde Capital Inc. purchased a new stake in Roblox during the first quarter valued at approximately $66,000. Institutional investors own 94.46% of the company’s stock.

Insider Buying and Selling at Roblox

In other Roblox news, insider Matthew D. Kaufman sold 6,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $136.55, for a total transaction of $819,300.00. Following the transaction, the insider owned 278,642 shares of the company’s stock, valued at approximately $38,048,565.10. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were 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 owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. This represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 366,876 shares of company stock valued at $47,485,929 in the last 90 days. Insiders own 12.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Arete Research set a $116.00 target price on Roblox in a report on Tuesday, September 9th. JPMorgan Chase & Co. lifted their price objective on shares of Roblox from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, September 22nd. BMO Capital Markets increased their target price on shares of Roblox from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Barclays raised their target price on shares of Roblox from $62.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Finally, Roth Capital reiterated a “neutral” rating and set a $146.00 price target on shares of Roblox in a report on Friday. 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.22.

Roblox Stock Performance

Shares of NYSE:RBLX opened at $132.81 on Monday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $85.67 billion, a PE ratio of -92.87 and a beta of 1.63. The firm’s 50 day simple moving average is $129.30 and its 200-day simple moving average is $104.28. Roblox Corporation has a one year low of $39.30 and a one year high of $150.59.

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

Roblox 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.