Entropy Technologies LP purchased a new stake in Roblox Corporation (NYSE:RBLX – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 92,802 shares of the company’s stock, valued at approximately $7,520,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. increased its holdings in Roblox by 58.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after acquiring an additional 105 shares during the last quarter. Horizon Investments LLC increased its holdings in Roblox by 2,636.4% in the 3rd quarter. Horizon Investments LLC now owns 301 shares of the company’s stock valued at $42,000 after acquiring an additional 290 shares during the last quarter. Reyes Financial Architecture Inc. increased its holdings in Roblox by 164.4% in the 4th quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock valued at $25,000 after acquiring an additional 194 shares during the last quarter. Fideuram Asset Management Ireland dac bought a new stake in Roblox in the 4th quarter valued at $27,000. Finally, GW&K Investment Management LLC increased its holdings in Roblox by 76.3% in the 4th quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock valued at $30,000 after acquiring an additional 161 shares during the last quarter. 94.46% of the stock is currently owned by institutional investors.
Insider Activity
In related news, Director Gregory Baszucki sold 16,666 shares of Roblox stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $57.95, for a total transaction of $965,794.70. Following the completion of the transaction, the director directly owned 1,302,834 shares of the company’s stock, valued at approximately $75,499,230.30. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David Baszucki sold 50,628 shares of Roblox stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the transaction, the chief executive officer directly owned 852,214 shares of the company’s stock, valued at approximately $38,588,249.92. This represents a 5.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 189,449 shares of company stock worth $9,179,410 in the last 90 days. Company insiders own 10.05% of the company’s stock.
Roblox Stock Performance
Roblox (NYSE:RBLX – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the previous year, the firm posted ($0.32) EPS. The business’s quarterly revenue was up 43.4% on a year-over-year basis. On average, equities research analysts forecast that Roblox Corporation will post -1.4 EPS for the current fiscal year.
Roblox declared that its board has approved a share repurchase program on Tuesday, May 19th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.
Key Stories Impacting Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: No clearly positive company-specific developments were reported in the provided articles.
- Neutral Sentiment: Multiple law firms, including Bronstein, Gewirtz & Grossman, Pomerantz, Faruqi & Faruqi, Rosen, Robbins LLP, and Robbins Geller, announced or reminded investors about an already filed class-action lawsuit and the August 7, 2026 lead-plaintiff deadline. Article Title
- Negative Sentiment: The lawsuits allege Roblox misled investors about the impact of its age-verification rollout, which reportedly contributed to a sharp sequential decline in daily active users and an 18% stock drop that erased about $6.7 billion in market value. Article Title
- Negative Sentiment: New securities-fraud claims and investor alerts increase the odds of ongoing legal costs, management distraction, and additional headline risk for Roblox shares. Article Title
Analysts Set New Price Targets
RBLX has been the topic of a number of research reports. Wells Fargo & Company reduced their price target on shares of Roblox from $97.00 to $78.00 and set an “overweight” rating on the stock in a report on Monday, April 6th. Canaccord Genuity Group reduced their price target on shares of Roblox from $140.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Weiss Ratings restated a “sell (e+)” rating on shares of Roblox in a report on Friday, March 27th. Raymond James Financial downgraded shares of Roblox from an “outperform” rating to a “market perform” rating in a report on Friday, May 1st. Finally, Morgan Stanley restated an “overweight” rating and issued a $62.00 target price on shares of Roblox in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $87.07.
Read Our Latest Analysis on RBLX
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.
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