Catalyst Private Wealth LLC Buys New Holdings in Roblox Corporation $RBLX

Catalyst Private Wealth LLC bought a new stake in shares of Roblox Corporation (NYSE:RBLX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,185 shares of the company’s stock, valued at approximately $230,000.

Other institutional investors also recently bought and sold shares of the company. Nuveen LLC purchased a new stake in Roblox during the 1st quarter valued at about $70,254,000. Fox Run Management L.L.C. grew its position in shares of Roblox by 56.5% in the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock worth $709,000 after buying an additional 4,390 shares during the last quarter. Long Corridor Asset Management Ltd bought a new stake in shares of Roblox in the 1st quarter worth approximately $4,372,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Roblox by 15.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,483 shares of the company’s stock worth $2,096,000 after buying an additional 4,760 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Roblox in the 1st quarter worth approximately $890,000. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Roblox

In related news, CEO David Baszucki sold 875 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $126.72, for a total transaction of $110,880.00. Following the completion of the sale, the chief executive officer owned 211,559 shares in the company, valued at approximately $26,808,756.48. This represents a 0.41% 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 Arvind Chakravarthy sold 20,552 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $2,419,175.92. Following the sale, the insider owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 828,938 shares of company stock valued at $93,618,526 in the last 90 days. 12.92% of the stock is owned by company insiders.

Roblox Stock Down 1.0%

RBLX stock opened at $135.85 on Wednesday. Roblox Corporation has a 1-year low of $37.50 and a 1-year high of $150.59. The business has a fifty day moving average price of $124.11 and a 200-day moving average price of $92.23. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $87.63 billion, a P/E ratio of -95.00 and a beta of 1.62.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on RBLX. Wells Fargo & Company lifted their price objective on Roblox from $116.00 to $153.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Oppenheimer reiterated an “outperform” rating and issued a $125.00 price objective (up from $80.00) on shares of Roblox in a research report on Wednesday, June 18th. Citigroup lifted their price target on Roblox from $123.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Cowen reissued a “sell” rating on shares of Roblox in a research report on Monday, August 18th. Finally, Wedbush reiterated an “outperform” rating and issued a $165.00 price target on shares of Roblox in a research note on Thursday, September 4th. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.16.

Roblox Company 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.