3,410 Shares in Roblox Corporation $RBLX Purchased by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC acquired a new position in Roblox Corporation (NYSE:RBLX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,410 shares of the company’s stock, valued at approximately $359,000.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in shares of Roblox by 217.4% during the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after buying an additional 6,007,322 shares during the period. Vanguard Group Inc. lifted its stake 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 worth $3,359,854,000 after acquiring an additional 4,400,624 shares during the last quarter. Ninety One UK Ltd bought a new stake in shares of Roblox during the 1st quarter worth approximately $137,379,000. Ieq Capital LLC boosted its holdings in Roblox by 13.8% during the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock valued at $1,101,097,000 after acquiring an additional 2,297,350 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock valued at $189,840,000 after acquiring an additional 2,207,897 shares during the last quarter. Institutional investors own 94.46% of the company’s stock.

Roblox Stock Performance

Shares of RBLX stock opened at $113.35 on Friday. The firm has a market cap of $73.12 billion, a price-to-earnings ratio of -79.27 and a beta of 1.63. Roblox Corporation has a 52-week low of $47.95 and a 52-week high of $150.59. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The company’s 50 day moving average is $130.41 and its 200 day moving average is $109.00.

Roblox (NYSE:RBLX) last posted its 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. Roblox had a negative return on equity of 344.75% and a negative net margin of 21.70%.The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the prior year, the business earned ($0.37) earnings per share. Roblox’s 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. On average, sell-side analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

RBLX has been the topic of a number of recent analyst reports. Citigroup increased their target price on Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. decreased their price objective on shares of Roblox from $160.00 to $145.00 and set an “overweight” rating for the company in a report on Friday. Wells Fargo & Company reduced their target price on shares of Roblox from $155.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday. Roth Capital reaffirmed a “neutral” rating and set a $146.00 price target on shares of Roblox in a research note on Friday, October 17th. Finally, Cowen restated a “sell” rating on shares of Roblox in a report on Monday, August 18th. Twenty-one investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $130.68.

Insider Buying and Selling

In other Roblox news, insider Matthew D. Kaufman sold 6,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $135.02, for a total value of $810,120.00. Following the completion of the transaction, the insider directly owned 272,642 shares in the company, valued at approximately $36,812,122.84. The trade was a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea L. Wong sold 5,770 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $130.40, for a total transaction of $752,408.00. Following the transaction, the director owned 41,891 shares of the company’s stock, valued at approximately $5,462,586.40. This trade represents a 12.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 255,764 shares of company stock valued at $32,929,145 over the last three months. Corporate insiders own 12.92% of the company’s stock.

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.