Candriam S.C.A. Has $3.94 Million Stock Holdings in Roblox Corporation $RBLX

Candriam S.C.A. boosted its holdings in shares of Roblox Corporation (NYSE:RBLX) by 11.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,402 shares of the company’s stock after acquiring an additional 3,991 shares during the quarter. Candriam S.C.A.’s holdings in Roblox were worth $3,935,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of RBLX. ORG Partners LLC acquired a new stake in Roblox in the second quarter valued at $33,000. Larson Financial Group LLC grew its position in shares of Roblox by 819.0% in the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after buying an additional 516 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Roblox in the second quarter valued at about $34,000. Generali Asset Management SPA SGR bought a new position in shares of Roblox during the second quarter worth about $40,000. Finally, Kiker Wealth Management LLC raised its position in shares of Roblox by 2,646.7% during the second quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock worth $43,000 after acquiring an additional 397 shares during the last quarter. Institutional investors own 94.46% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on RBLX. BTIG Research reduced their target price on Roblox from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Benchmark restated a “hold” rating on shares of Roblox in a research report on Friday, October 31st. Raymond James Financial reiterated an “outperform” rating and set a $165.00 price objective (up from $155.00) on shares of Roblox in a research report on Tuesday, October 14th. JPMorgan Chase & Co. lowered their target price on shares of Roblox from $160.00 to $145.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Canaccord Genuity Group set a $160.00 price target on shares of Roblox in a research report on Thursday, October 30th. Twenty equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.41.

Roblox Trading Up 1.0%

NYSE:RBLX opened at $102.25 on Friday. Roblox Corporation has a 12 month low of $47.95 and a 12 month high of $150.59. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54. The stock has a market capitalization of $66.96 billion, a price-to-earnings ratio of -71.50 and a beta of 1.61. The firm has a fifty day simple moving average of $125.83 and a two-hundred day simple moving average of $112.22.

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

Insider Buying and Selling at Roblox

In other Roblox news, insider Arvind Chakravarthy sold 20,552 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the transaction, the insider owned 242,469 shares in the company, valued at approximately $28,541,025.99. This represents a 7.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David Baszucki sold 66,896 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $104.53, for a total value of $6,992,638.88. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 324,416 shares of company stock worth $38,124,641 in the last quarter. Company insiders own 12.92% of the company’s stock.

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.