Skandinaviska Enskilda Banken AB publ Has $11.98 Million Stock Holdings in Roblox Corporation $RBLX

Skandinaviska Enskilda Banken AB publ increased its position in shares of Roblox Corporation (NYSE:RBLX) by 16.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,892 shares of the company’s stock after acquiring an additional 16,455 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Roblox were worth $11,975,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC lifted its stake in Roblox by 217.4% in the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after acquiring an additional 6,007,322 shares during the last quarter. Vanguard Group Inc. raised its holdings 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. Norges Bank acquired a new stake in shares of Roblox in the 2nd quarter valued at $350,720,000. Ieq Capital LLC lifted its stake in shares of Roblox by 13.8% in 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 during the last quarter. Finally, Amundi boosted its holdings in Roblox by 55.5% in the first quarter. Amundi now owns 4,960,806 shares of the company’s stock worth $288,818,000 after purchasing an additional 1,769,669 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wall Street Zen upgraded Roblox from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Raymond James Financial reaffirmed an “outperform” rating and set a $165.00 price objective (up from $155.00) on shares of Roblox in a report on Tuesday, October 14th. BMO Capital Markets lifted their target price on shares of Roblox from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, October 2nd. Piper Sandler set a $130.00 target price on shares of Roblox in a report on Friday, October 31st. Finally, UBS Group set a $120.00 price target on shares of Roblox in a report on Friday, October 31st. Twenty investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $136.41.

Insider Buying and Selling at Roblox

In related news, insider Arvind Chakravarthy sold 20,912 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.23, for a total transaction of $1,991,449.76. Following the transaction, the insider directly owned 181,043 shares in the company, valued at $17,240,724.89. The trade was a 10.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Naveen K. Chopra sold 19,424 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $95.23, for a total value of $1,849,747.52. Following the completion of the transaction, the chief financial officer directly owned 337,036 shares of the company’s stock, valued at approximately $32,095,938.28. This trade represents a 5.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 388,508 shares of company stock valued at $43,636,941 over the last quarter. Company insiders own 12.92% of the company’s stock.

Roblox Price Performance

NYSE:RBLX opened at $95.24 on Friday. The stock has a market cap of $62.37 billion, a P/E ratio of -66.60 and a beta of 1.61. Roblox Corporation has a one year low of $49.68 and a one year high of $150.59. The company has a fifty day moving average price of $117.92 and a 200 day moving average price of $113.81. The company has a debt-to-equity ratio of 2.54, a current ratio of 0.96 and a quick ratio of 0.96.

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

About Roblox

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.