Prospera Financial Services Inc Buys 725 Shares of Roblox Corporation $RBLX

Prospera Financial Services Inc raised its position in shares of Roblox Corporation (NYSE:RBLX) by 7.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 10,433 shares of the company’s stock after acquiring an additional 725 shares during the period. Prospera Financial Services Inc’s holdings in Roblox were worth $1,098,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC purchased a new position in shares of Roblox in the 2nd quarter valued at approximately $33,000. Larson Financial Group LLC raised its holdings in Roblox by 819.0% in the first quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock worth $34,000 after purchasing an additional 516 shares in the last quarter. Whipplewood Advisors LLC bought a new position in Roblox in the second quarter worth $34,000. Generali Asset Management SPA SGR purchased a new position in Roblox during the second quarter valued at $40,000. Finally, Kiker Wealth Management LLC grew its position 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 period. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on RBLX. BMO Capital Markets boosted their price objective on shares of Roblox from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. Wells Fargo & Company dropped their price target on Roblox from $155.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Wolfe Research upgraded Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research note on Friday, August 22nd. Roth Capital reaffirmed a “neutral” rating and set a $146.00 price objective on shares of Roblox in a research report on Friday, October 17th. Finally, Canaccord Genuity Group set a $160.00 target price on Roblox in a report on Thursday, October 30th. Twenty investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Roblox presently has an average rating of “Moderate Buy” and an average target price of $136.41.

Roblox Trading Down 0.4%

Shares of NYSE:RBLX opened at $104.29 on Thursday. The company has a market cap of $68.30 billion, a P/E ratio of -72.93 and a beta of 1.61. The company has a debt-to-equity ratio of 2.54, a current ratio of 0.96 and a quick ratio of 0.96. Roblox Corporation has a 1 year low of $47.95 and a 1 year high of $150.59. The stock’s fifty day moving average price is $126.91 and its 200-day moving average price is $111.72.

Roblox (NYSE:RBLX) last issued 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. The business had revenue of $1.36 billion during 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%.During the same quarter in the previous year, the firm earned ($0.37) EPS. 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. Sell-side analysts expect that Roblox Corporation will post -1.49 earnings per share for the current year.

Insider Transactions at Roblox

In other Roblox news, CAO Amy Marie Rawlings sold 6,567 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total transaction of $773,001.57. Following the completion of the sale, the chief accounting officer directly owned 46,866 shares in the company, valued at $5,516,596.86. The trade was a 12.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $136.55, for a total transaction of $819,300.00. Following the completion of the transaction, the insider owned 278,642 shares in the company, valued at $38,048,565.10. This trade represents a 2.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 257,520 shares of company stock valued at $31,132,002 over the last 90 days. 12.92% of the stock is owned by corporate insiders.

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.