Roblox Corporation $RBLX Shares Acquired by Allegiance Financial Group Advisory Services LLC

Allegiance Financial Group Advisory Services LLC increased its holdings in shares of Roblox Corporation (NYSE:RBLX) by 1.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,342 shares of the company’s stock after purchasing an additional 175 shares during the quarter. Allegiance Financial Group Advisory Services LLC’s holdings in Roblox were worth $983,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RBLX. AQR Capital Management LLC increased its position in shares of Roblox by 217.4% during the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock worth $504,387,000 after purchasing an additional 6,007,322 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Roblox by 8.3% during the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock worth $3,359,854,000 after purchasing an additional 4,400,624 shares during the last quarter. Ninety One UK Ltd acquired a new stake in shares of Roblox during the 1st quarter worth about $137,379,000. Ieq Capital LLC increased its position in shares of Roblox by 13.8% during the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after purchasing an additional 2,297,350 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Roblox by 210.5% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock worth $189,840,000 after purchasing an additional 2,207,897 shares during the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Roblox news, insider Matthew D. Kaufman sold 6,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $135.02, for a total value of $810,120.00. Following the completion of the sale, the insider owned 272,642 shares of the company’s stock, valued at $36,812,122.84. The trade was a 2.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 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 value of $2,419,175.92. Following the completion of the sale, the insider directly owned 242,469 shares of the company’s stock, valued at $28,541,025.99. This represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 372,876 shares of company stock valued at $48,196,989. 12.92% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on RBLX shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Roblox in a research report on Wednesday. Wolfe Research raised Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Friday, August 22nd. JPMorgan Chase & Co. lifted their target price on Roblox from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, September 22nd. Barclays lifted their target price on Roblox from $62.00 to $120.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. Finally, Morgan Stanley lifted their target price on Roblox from $76.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Twenty research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Roblox currently has an average rating of “Moderate Buy” and an average target price of $126.84.

Roblox Price Performance

RBLX opened at $125.85 on Thursday. The stock has a market cap of $81.18 billion, a price-to-earnings ratio of -88.01 and a beta of 1.63. Roblox Corporation has a 1 year low of $39.30 and a 1 year high of $150.59. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94. The stock has a fifty day moving average price of $129.15 and a 200 day moving average price of $100.23.

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