Quotient Wealth Partners LLC Takes $221,000 Position in Roblox Corporation $RBLX

Quotient Wealth Partners LLC bought a new position in shares of Roblox Corporation (NYSE:RBLX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,102 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. ORG Partners LLC purchased a new position in shares of Roblox during the 2nd quarter valued at $33,000. Larson Financial Group LLC boosted its stake in Roblox by 819.0% during the first quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after buying an additional 516 shares during the period. Generali Asset Management SPA SGR bought a new stake in Roblox during the second quarter valued at $40,000. Kiker Wealth Management LLC grew its position in Roblox by 2,646.7% during the second quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock worth $43,000 after buying an additional 397 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in Roblox by 124.7% in the 2nd quarter. Fifth Third Bancorp now owns 537 shares of the company’s stock worth $56,000 after acquiring an additional 298 shares during the last quarter. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Roblox news, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the transaction, the insider directly owned 242,469 shares of the company’s stock, valued at $28,541,025.99. The trade was a 7.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amy Marie Rawlings sold 6,567 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $773,001.57. Following the sale, the chief accounting officer directly owned 46,866 shares of the company’s stock, valued at approximately $5,516,596.86. This trade represents a 12.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 366,876 shares of company stock worth $47,485,929 in the last ninety days. Corporate insiders own 12.92% of the company’s stock.

Roblox Trading Down 1.2%

Shares of RBLX opened at $132.81 on Monday. Roblox Corporation has a fifty-two week low of $39.30 and a fifty-two week high of $150.59. The firm has a market cap of $85.67 billion, a price-to-earnings ratio of -92.87 and a beta of 1.63. The firm has a 50 day moving average price of $129.30 and a 200-day moving average price of $104.28. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97.

Roblox (NYSE:RBLX) last issued its earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). The business had revenue of $1.44 billion during 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%.Roblox’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) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on RBLX. Morgan Stanley set a $170.00 price target on Roblox and gave the company an “overweight” rating in a research report on Monday, October 13th. Cowen reiterated a “sell” rating on shares of Roblox in a research report on Monday, August 18th. Piper Sandler increased their price target on shares of Roblox to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, September 24th. Barclays raised their price objective on shares of Roblox from $62.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. Finally, Arete Research set a $116.00 target price on shares of Roblox in a research report on Tuesday, September 9th. Twenty analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.22.

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.