Roblox Corporation $RBLX Shares Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its position in Roblox Corporation (NYSE:RBLX) by 52.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 288,204 shares of the company’s stock after buying an additional 98,672 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Roblox were worth $30,319,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in Roblox by 0.7% during the 1st quarter. Bank of New York Mellon Corp now owns 1,748,853 shares of the company’s stock valued at $101,941,000 after acquiring an additional 12,297 shares during the last quarter. TD Private Client Wealth LLC acquired a new stake in shares of Roblox in the 1st quarter valued at about $58,000. Nisa Investment Advisors LLC lifted its position in shares of Roblox by 179.1% during the first quarter. Nisa Investment Advisors LLC now owns 29,287 shares of the company’s stock worth $1,707,000 after purchasing an additional 18,792 shares during the last quarter. Poinciana Advisors Group LLC lifted its position in shares of Roblox by 74.0% during the first quarter. Poinciana Advisors Group LLC now owns 6,618 shares of the company’s stock worth $386,000 after purchasing an additional 2,815 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in Roblox by 69.5% in the first quarter. Cerity Partners LLC now owns 194,969 shares of the company’s stock worth $11,365,000 after purchasing an additional 79,933 shares in the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Roblox

In other news, insider Matthew D. Kaufman sold 6,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $112.99, for a total value of $677,940.00. Following the completion of the sale, the insider owned 266,642 shares in the company, valued at $30,127,879.58. This represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Amy Marie Rawlings sold 6,567 shares of Roblox stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $773,001.57. Following the transaction, the chief accounting officer directly owned 46,866 shares in the company, valued at approximately $5,516,596.86. The trade was a 12.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 249,119 shares of company stock valued at $30,271,977. 12.92% of the stock is currently owned by company insiders.

Roblox Stock Performance

Shares of RBLX opened at $104.12 on Friday. The firm has a market capitalization of $68.18 billion, a PE ratio of -71.31 and a beta of 1.61. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. The firm has a 50-day moving average price of $128.70 and a 200 day moving average price of $110.23. Roblox Corporation has a 52-week low of $47.95 and a 52-week high of $150.59.

Roblox (NYSE:RBLX) last issued its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.07. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.64 billion. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The business’s revenue for the quarter was up 70.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on RBLX shares. Arete upgraded Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price target for the company in a report on Tuesday, September 9th. Wall Street Zen upgraded Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Canaccord Genuity Group set a $160.00 price target on shares of Roblox in a report on Thursday, October 30th. Oppenheimer reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Roblox in a report on Friday, October 31st. Finally, Cowen reiterated a “sell” rating on shares of Roblox in a research report on Monday, August 18th. Twenty analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $136.41.

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.