2,486 Shares in Roblox Corporation $RBLX Bought by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. acquired a new position in Roblox Corporation (NYSE:RBLXFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,486 shares of the company’s stock, valued at approximately $262,000.

Other large investors also recently modified their holdings of the company. ORG Partners LLC bought a new stake in shares of Roblox in the second quarter worth $33,000. Fifth Third Bancorp grew its holdings in Roblox by 124.7% during the second quarter. Fifth Third Bancorp now owns 537 shares of the company’s stock valued at $56,000 after purchasing an additional 298 shares during the period. Larson Financial Group LLC grew its holdings in Roblox by 819.0% during the first quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after purchasing an additional 516 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Roblox by 82.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 688 shares of the company’s stock valued at $72,000 after purchasing an additional 310 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in Roblox by 21.4% during the second quarter. Farther Finance Advisors LLC now owns 801 shares of the company’s stock valued at $84,000 after purchasing an additional 141 shares during the period. Institutional investors own 94.46% of the company’s stock.

Roblox Price Performance

Shares of Roblox stock opened at $126.77 on Friday. The stock’s 50-day simple moving average is $128.96 and its 200-day simple moving average is $101.12. Roblox Corporation has a 52 week low of $39.30 and a 52 week high of $150.59. The company has a market capitalization of $81.77 billion, a price-to-earnings ratio of -88.65 and a beta of 1.63. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94.

Roblox (NYSE:RBLXGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. Roblox’s revenue was up 50.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

RBLX has been the subject of several recent research reports. Raymond James Financial lowered Roblox from a “strong-buy” rating to an “outperform” rating and boosted their price target for the company from $81.00 to $130.00 in a report on Wednesday, July 23rd. Arete Research set a $116.00 price target on Roblox in a report on Tuesday, September 9th. Cowen reissued a “sell” rating on shares of Roblox in a report on Monday, August 18th. Needham & Company LLC boosted their price target on Roblox from $79.00 to $159.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Wall Street Zen lowered Roblox from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. Twenty research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.84.

Check Out Our Latest Analysis on RBLX

Insider Buying and Selling

In related news, CAO Amy Marie Rawlings sold 6,567 shares of the business’s 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 sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Anthony P. Lee sold 66,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $136.33, for a total value of $8,997,780.00. Following the completion of the sale, the director owned 270,628 shares in the company, valued at $36,894,715.24. This represents a 19.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 372,876 shares of company stock valued at $48,196,989 in the last ninety days. Company insiders own 12.92% of the company’s stock.

Roblox Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Roblox (NYSE:RBLX)

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