Roblox Corporation $RBLX Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC decreased its position in Roblox Corporation (NYSE:RBLX) by 23.7% in the second quarter, Holdings Channel reports. The institutional investor owned 4,987 shares of the company’s stock after selling 1,553 shares during the period. Mutual Advisors LLC’s holdings in Roblox were worth $525,000 as of its most recent filing with the SEC.

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

Roblox Stock Performance

NYSE:RBLX opened at $132.81 on Monday. The company has a market cap of $85.67 billion, a P/E ratio of -92.87 and a beta of 1.63. Roblox Corporation has a twelve month low of $39.30 and a twelve month high of $150.59. The company’s 50-day moving average price is $129.30 and its 200-day moving average price is $104.28. 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 (NYSE:RBLX) last released 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 business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the company posted ($0.32) EPS. The firm’s revenue was up 50.5% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Roblox news, Director Anthony P. Lee sold 111,112 shares of the business’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $131.01, for a total transaction of $14,556,783.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Matthew D. Kaufman sold 6,000 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $136.55, for a total value of $819,300.00. Following the completion of the sale, the insider owned 278,642 shares of the company’s stock, valued at approximately $38,048,565.10. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 366,876 shares of company stock worth $47,485,929. 12.92% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

RBLX has been the topic of a number of research analyst reports. BTIG Research lifted their price target on shares of Roblox from $173.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Roblox in a research report on Wednesday, October 8th. Citigroup upped their price target on shares of Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Needham & Company LLC raised their price target on shares of Roblox from $79.00 to $159.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Arete upgraded Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price objective on the stock in a report on Tuesday, September 9th. Twenty equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.22.

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.