Bank of New York Mellon Corp Acquires 110,430 Shares of Roblox Corporation $RBLX

Bank of New York Mellon Corp grew its holdings in Roblox Corporation (NYSE:RBLX) by 6.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,728,832 shares of the company’s stock after purchasing an additional 110,430 shares during the period. Bank of New York Mellon Corp’s holdings in Roblox were worth $239,478,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RBLX. WPG Advisers LLC raised its holdings in Roblox by 17.8% during the 3rd quarter. WPG Advisers LLC now owns 555 shares of the company’s stock valued at $77,000 after acquiring an additional 84 shares during the period. Baird Financial Group Inc. boosted its stake in Roblox by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after purchasing an additional 102 shares during the period. Lido Advisors LLC grew its holdings in Roblox by 1.3% during the 2nd quarter. Lido Advisors LLC now owns 8,529 shares of the company’s stock valued at $897,000 after buying an additional 106 shares in the last quarter. QTR Family Wealth LLC increased its position in shares of Roblox by 2.6% during the third quarter. QTR Family Wealth LLC now owns 4,446 shares of the company’s stock valued at $616,000 after buying an additional 111 shares during the period. Finally, Perpetual Ltd lifted its holdings in shares of Roblox by 0.6% in the third quarter. Perpetual Ltd now owns 19,043 shares of the company’s stock worth $2,638,000 after buying an additional 115 shares in the last quarter. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on RBLX shares. Macquarie upped their target price on shares of Roblox from $158.00 to $164.00 and gave the stock an “outperform” rating in a report on Tuesday, November 4th. Piper Sandler reaffirmed an “overweight” rating and issued a $125.00 price target on shares of Roblox in a report on Tuesday. Benchmark restated a “hold” rating on shares of Roblox in a research report on Friday, October 31st. JPMorgan Chase & Co. lowered Roblox from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $145.00 to $100.00 in a research note on Friday, December 12th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $165.00 price target (up previously from $155.00) on shares of Roblox in a research report on Tuesday, October 14th. Seventeen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Roblox currently has an average rating of “Moderate Buy” and an average target price of $131.65.

Roblox Trading Down 13.5%

RBLX stock opened at $65.53 on Friday. The company has a market capitalization of $42.91 billion, a PE ratio of -45.83 and a beta of 1.64. Roblox Corporation has a one year low of $50.10 and a one year high of $150.59. The company’s 50 day moving average price is $83.98 and its two-hundred day moving average price is $109.83. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.96 and a current ratio of 0.96.

Roblox (NYSE:RBLX) last announced its quarterly earnings data on Thursday, October 30th. The company reported ($0.37) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The firm’s revenue was up 70.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.37) EPS. As a group, analysts predict 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 66,000 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $104.07, for a total value of $6,868,620.00. Following the transaction, the director owned 266,008 shares in the company, valued at approximately $27,683,452.56. The trade was a 19.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Matthew D. Kaufman sold 20,867 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $96.10, for a total value of $2,005,318.70. Following the transaction, the insider owned 239,775 shares of the company’s stock, valued at approximately $23,042,377.50. This represents a 8.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 504,300 shares of company stock valued at $46,290,436 over the last quarter. Company insiders own 12.92% of the company’s stock.

Key Headlines Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: JPMorgan flagged that Roblox’s recent stabilization in engagement trends is “encouraging,” which could support revenue visibility if usage holds steady and monetization improves. JPMorgan: Stabilization Encouraging
• Neutral Sentiment: Upcoming earnings are a near‑term catalyst: analysts expect a year‑over‑year decline in EPS and the company is due to report, so results and guidance could swing sentiment. Monitor bookings, engagement metrics and margin commentary. Analysts Expect Earnings Decline
• Neutral Sentiment: Debt and valuation context: the company carries leverage and a negative trailing P/E; some investors view recent pullbacks as a buying opportunity if engagement and monetization signals improve. Coverage pieces are debating attractiveness after the pullback. Is Roblox Still Attractive?
• Negative Sentiment: Google’s new Project Genie, which aims to let users create fully rendered 3D worlds and controllable characters, rattled gaming and creator-platform stocks today and put downward pressure on Roblox shares as investors reassess competitive risk. Google’s Project Genie Hammers Gaming Stocks
• Negative Sentiment: The Netherlands’ consumer regulator (ACM) opened a probe into Roblox over potential risks to minors and exposure to harmful content in the EU; regulatory investigations raise the prospect of fines, imposed compliance costs, or feature restrictions that could hit engagement and monetization. Dutch regulator to probe Roblox
• Negative Sentiment: Wedbush trimmed its price target from $165 to $110 (while keeping an outperform rating), a reduction that can weaken sentiment and reprice expectations even though the new target still implies upside from current levels. Wedbush Lowers Price Target

Roblox Company Profile

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.