Clearbridge Investments LLC Increases Stake in Roblox Corporation $RBLX

Clearbridge Investments LLC grew its position in Roblox Corporation (NYSE:RBLX) by 144.7% during the 4th quarter, HoldingsChannel reports. The fund owned 1,107,307 shares of the company’s stock after purchasing an additional 654,785 shares during the period. Clearbridge Investments LLC’s holdings in Roblox were worth $89,725,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cypress Wealth Services LLC purchased a new stake in shares of Roblox in the fourth quarter valued at $2,373,000. Yarbrough Capital LLC raised its stake in shares of Roblox by 1,514.5% in the fourth quarter. Yarbrough Capital LLC now owns 57,331 shares of the company’s stock valued at $4,646,000 after acquiring an additional 53,780 shares during the period. Glynn Capital Management LLC purchased a new stake in shares of Roblox in the fourth quarter valued at $5,706,000. Norges Bank purchased a new stake in shares of Roblox in the fourth quarter valued at $435,424,000. Finally, Vanguard Group Inc. raised its stake in shares of Roblox by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 63,458,784 shares of the company’s stock valued at $5,142,065,000 after acquiring an additional 1,020,786 shares during the period. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Insider Transactions at Roblox

In related news, insider Mark Reinstra sold 18,653 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $57.94, for a total value of $1,080,754.82. Following the completion of the transaction, the insider directly owned 455,473 shares of the company’s stock, valued at $26,390,105.62. This trade represents a 3.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory Baszucki sold 16,666 shares of the stock in a transaction that occurred on 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 $75,499,230.30. The trade was a 1.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 189,449 shares of company stock worth $9,179,410 over the last ninety days. 10.05% of the stock is currently owned by insiders.

Roblox Stock Performance

Shares of Roblox stock opened at $42.30 on Tuesday. The firm has a market capitalization of $28.41 billion, a P/E ratio of -26.77 and a beta of 1.44. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.45. The company has a 50 day moving average price of $51.01 and a 200 day moving average price of $66.78. Roblox Corporation has a 52 week low of $40.15 and a 52 week high of $150.59.

Roblox (NYSE:RBLX) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.41) by $0.06. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. Roblox’s revenue was up 43.4% on a year-over-year basis. During the same period last year, the firm posted ($0.32) EPS. Sell-side analysts expect that Roblox Corporation will post -1.4 EPS for the current year.

Roblox declared that its board has initiated a share repurchase program on Tuesday, May 19th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen cut shares of Roblox from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Wolfe Research assumed coverage on shares of Roblox in a report on Friday, May 1st. They issued an “outperform” rating on the stock. Citigroup lowered their price target on shares of Roblox from $90.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, May 4th. DA Davidson lowered their price target on shares of Roblox from $47.50 to $45.00 and set a “neutral” rating on the stock in a report on Friday, May 22nd. Finally, Wedbush cut shares of Roblox from a “hold” rating to a “neutral” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $87.07.

Key Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Roblox authorized its first-ever share buyback program, allowing the company to repurchase up to $3 billion of stock, with up to $1 billion planned over the next 12 months. Buybacks can signal management confidence and provide support for the share price. Roblox Corporation (RBLX) Authorizes First $3B Share Repurchase Program
• Positive Sentiment: Separately, recent commentary highlighted a bullish investment thesis on Roblox, with some analysts and investors viewing the stock as oversold and potentially attractive at current levels. Is Roblox Corporation (RBLX) A Good Stock To Buy Now?
• Neutral Sentiment: Roblox’s insider Mark Reinstra sold 5,978 shares under a pre-arranged 10b5-1 plan. The sale was disclosed to the SEC and does not necessarily indicate a change in outlook, though investors may still view insider selling cautiously.
• Negative Sentiment: Multiple law firms are alerting investors to a class-action lawsuit covering purchasers of Roblox stock between October 30, 2025 and April 30, 2026, with a lead-plaintiff deadline of August 7, 2026. These notices can add legal overhang and pressure sentiment. RBLX INVESTOR ALERT: Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead the Roblox Class Action Lawsuit – RGRD Law
• Negative Sentiment: Additional lawsuit reminders from Robbins LLP, Faruqi & Faruqi, and Levi & Korsinsky reinforce the same legal risk around alleged securities issues, keeping the stock in the spotlight for the wrong reasons. Investor Notice: Robbins LLP Informs Investors of the Roblox Corporation Class Action Lawsuit

About Roblox

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.