American Century Companies Inc. Invests $85.11 Million in Roblox Corporation $RBLX

American Century Companies Inc. bought a new position in shares of Roblox Corporation (NYSE:RBLX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 808,998 shares of the company’s stock, valued at approximately $85,107,000. American Century Companies Inc. owned 0.13% of Roblox as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RBLX. AQR Capital Management LLC lifted its stake in Roblox by 217.4% during the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after acquiring an additional 6,007,322 shares during the period. Vanguard Group Inc. raised its holdings in shares of Roblox by 8.3% during the first 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. Ieq Capital LLC lifted its position in Roblox by 13.8% during the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock valued at $1,101,097,000 after purchasing an additional 2,297,350 shares during the period. Amundi lifted its position in Roblox by 55.5% during the first quarter. Amundi now owns 4,960,806 shares of the company’s stock valued at $288,818,000 after purchasing an additional 1,769,669 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Roblox by 47.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,788,195 shares of the company’s stock valued at $503,718,000 after purchasing an additional 1,531,380 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Roblox Stock Performance

NYSE RBLX opened at $91.12 on Wednesday. The stock has a market capitalization of $59.67 billion, a price-to-earnings ratio of -63.72 and a beta of 1.61. The stock has a 50-day moving average of $120.43 and a 200 day moving average of $113.70. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a twelve month low of $48.61 and a twelve month high of $150.59.

Roblox (NYSE:RBLX) last posted its quarterly earnings data on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the business earned ($0.37) earnings per share. The business’s revenue was up 70.3% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Insider Activity at Roblox

In other Roblox news, insider Matthew D. Kaufman sold 20,867 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $96.10, for a total transaction of $2,005,318.70. Following the transaction, the insider directly owned 239,775 shares of the company’s stock, valued at $23,042,377.50. This trade represents a 8.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the completion of the sale, the director owned 270,628 shares in the company, valued at approximately $36,894,715.24. This trade represents a 19.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 388,508 shares of company stock valued at $43,636,941 in the last three months. Company insiders own 12.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. UBS Group set a $120.00 price objective on Roblox in a research note on Friday, October 31st. Wolfe Research raised Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Friday, August 22nd. Morgan Stanley set a $170.00 price target on Roblox and gave the company an “overweight” rating in a research report on Monday, October 13th. Wall Street Zen raised Roblox from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Finally, Macquarie raised their price objective on shares of Roblox from $158.00 to $164.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $136.41.

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.