Evelyn Partners Investment Management Europe Ltd Acquires 924 Shares of Roblox Corporation $RBLX

Evelyn Partners Investment Management Europe Ltd increased its position in Roblox Corporation (NYSE:RBLX) by 1,215.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,000 shares of the company’s stock after acquiring an additional 924 shares during the quarter. Evelyn Partners Investment Management Europe Ltd’s holdings in Roblox were worth $105,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC bought a new stake in shares of Roblox during the 2nd quarter valued at about $33,000. Whipplewood Advisors LLC purchased a new stake in Roblox in the second quarter valued at approximately $34,000. Generali Asset Management SPA SGR bought a new stake in Roblox during the second quarter valued at approximately $40,000. Kiker Wealth Management LLC increased its holdings in shares of Roblox by 2,646.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock worth $43,000 after buying an additional 397 shares during the last quarter. Finally, SouthState Corp increased its holdings in shares of Roblox by 232.1% in the 2nd quarter. SouthState Corp now owns 435 shares of the company’s stock worth $46,000 after buying an additional 304 shares during the last quarter. Institutional investors own 94.46% of the company’s stock.

Insider Buying and Selling at Roblox

In other Roblox news, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $104.07, for a total transaction of $6,868,620.00. Following the completion of the transaction, the director owned 266,008 shares in the company, valued at approximately $27,683,452.56. The trade was a 19.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $101.48, for a total value of $608,880.00. Following the completion of the sale, the insider directly owned 260,642 shares in the company, valued at approximately $26,449,950.16. This represents a 2.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 297,297 shares of company stock worth $34,932,463 in the last ninety days. 12.92% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on RBLX shares. Arete Research set a $116.00 price objective on shares of Roblox in a report on Tuesday, September 9th. UBS Group set a $120.00 target price on shares of Roblox in a research report on Friday, October 31st. Arete upgraded shares of Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price target for the company in a research report on Tuesday, September 9th. Canaccord Genuity Group set a $160.00 price objective on Roblox in a research note on Thursday, October 30th. Finally, BTIG Research lowered their target price on Roblox from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Roblox currently has an average rating of “Moderate Buy” and an average target price of $136.41.

Roblox Stock Down 2.7%

RBLX stock opened at $89.23 on Friday. Roblox Corporation has a fifty-two week low of $47.95 and a fifty-two week high of $150.59. The company has a market capitalization of $58.43 billion, a price-to-earnings ratio of -62.40 and a beta of 1.61. The business’s 50 day moving average price is $122.26 and its two-hundred day moving average price is $112.82. The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.96 and a current ratio of 0.96.

Roblox (NYSE:RBLX) last released its quarterly earnings results 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 company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The firm’s revenue was up 70.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.37) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

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.