MassMutual Private Wealth & Trust FSB Buys 310 Shares of Roblox Corporation $RBLX

MassMutual Private Wealth & Trust FSB grew its stake in Roblox Corporation (NYSE:RBLX) by 82.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 688 shares of the company’s stock after purchasing an additional 310 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Roblox were worth $72,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. OMNI 360 Wealth Inc. raised its position in shares of Roblox by 69.9% in the second quarter. OMNI 360 Wealth Inc. now owns 8,059 shares of the company’s stock valued at $848,000 after purchasing an additional 3,315 shares during the period. RDA Financial Network bought a new position in shares of Roblox in the second quarter valued at about $327,000. AG2R LA Mondiale Gestion D Actifs bought a new position in shares of Roblox in the first quarter valued at about $1,088,000. Strs Ohio bought a new position in shares of Roblox in the first quarter valued at about $836,000. Finally, Acadian Asset Management LLC raised its position in shares of Roblox by 10.4% in the first quarter. Acadian Asset Management LLC now owns 1,405,813 shares of the company’s stock valued at $81,921,000 after purchasing an additional 132,051 shares during the period. 94.46% of the stock is owned by institutional investors.

Roblox Stock Down 0.2%

NYSE:RBLX opened at $135.24 on Friday. The firm’s 50 day simple moving average is $125.89 and its 200 day simple moving average is $93.74. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. Roblox Corporation has a one year low of $37.50 and a one year high of $150.59. The company has a market cap of $87.23 billion, a PE ratio of -94.57 and a beta of 1.62.

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

Insider Buying and Selling at Roblox

In related news, CAO Amy Marie Rawlings sold 6,567 shares of Roblox stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $773,001.57. Following the sale, the chief accounting officer directly owned 46,866 shares in the company, valued at $5,516,596.86. This trade represents a 12.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $122.74, for a total transaction of $8,100,840.00. Following the sale, the director owned 275,248 shares in the company, valued at approximately $33,783,939.52. This represents a 19.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 822,938 shares of company stock worth $92,998,426 over the last quarter. Insiders own 12.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on RBLX shares. Bank of America increased their price objective on shares of Roblox from $159.00 to $171.00 and gave the company a “buy” rating in a research report on Monday, September 8th. Wedbush reaffirmed an “outperform” rating and set a $165.00 price target on shares of Roblox in a research report on Thursday, September 4th. Benchmark raised their price target on shares of Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Morgan Stanley raised their price target on shares of Roblox from $76.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, BTIG Research raised their price target on shares of Roblox from $159.00 to $173.00 and gave the stock a “buy” rating in a research report on Tuesday, September 9th. Twenty equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Roblox currently has an average rating of “Moderate Buy” and a consensus price target of $123.16.

About Roblox

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.