Roblox Corporation $RBLX Shares Purchased by Focus Partners Wealth

Focus Partners Wealth lifted its position in Roblox Corporation (NYSE:RBLX) by 88.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,547 shares of the company’s stock after acquiring an additional 16,725 shares during the period. Focus Partners Wealth’s holdings in Roblox were worth $2,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. SCS Capital Management LLC acquired a new position in shares of Roblox in the 1st quarter valued at $679,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Roblox by 4.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,171,597 shares of the company’s stock valued at $126,582,000 after purchasing an additional 86,992 shares during the last quarter. Empowered Funds LLC boosted its holdings in Roblox by 1,007.5% in the first quarter. Empowered Funds LLC now owns 108,813 shares of the company’s stock valued at $6,343,000 after purchasing an additional 98,988 shares during the last quarter. Arete Wealth Advisors LLC purchased a new stake in Roblox in the first quarter valued at $215,000. Finally, Great Lakes Advisors LLC boosted its holdings in Roblox by 14.1% in the first quarter. Great Lakes Advisors LLC now owns 52,386 shares of the company’s stock valued at $3,054,000 after purchasing an additional 6,468 shares during the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RBLX has been the topic of several recent research reports. Wolfe Research raised shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a report on Friday, August 22nd. Arete Research set a $116.00 price target on shares of Roblox in a report on Tuesday, September 9th. Wedbush reaffirmed an “outperform” rating and issued a $165.00 price target on shares of Roblox in a report on Thursday, September 4th. Canaccord Genuity Group upped their price target on shares of Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Raymond James Financial lowered shares of Roblox from a “strong-buy” rating to an “outperform” rating and upped their price target for the company from $81.00 to $130.00 in a report on Wednesday, July 23rd. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Roblox has an average rating of “Moderate Buy” and a consensus price target of $123.16.

Roblox Trading Down 1.0%

RBLX opened at $135.85 on Wednesday. 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 company’s 50 day simple moving average is $124.11 and its two-hundred day simple moving average is $92.23. Roblox Corporation has a 1-year low of $37.50 and a 1-year high of $150.59. The firm has a market capitalization of $87.63 billion, a price-to-earnings ratio of -95.00 and a beta of 1.62.

Roblox (NYSE:RBLX) last announced its quarterly earnings results 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 return on equity of 372.96% and a negative net margin of 23.67%.The firm’s quarterly revenue was up 50.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Insider Buying and Selling at Roblox

In other news, CEO David Baszucki sold 875 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were 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 $26,808,756.48. This trade represents a 0.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amy Marie Rawlings sold 6,567 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total transaction of $773,001.57. Following the sale, the chief accounting officer owned 46,866 shares of the company’s stock, valued at $5,516,596.86. This represents a 12.29% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 828,938 shares of company stock worth $93,618,526. Insiders own 12.92% of the company’s stock.

Roblox 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.