Arrowstreet Capital Limited Partnership Has $600.13 Million Holdings in Roblox Corporation $RBLX

Arrowstreet Capital Limited Partnership grew its stake in Roblox Corporation (NYSE:RBLX) by 24.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,704,693 shares of the company’s stock after purchasing an additional 1,128,911 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.88% of Roblox worth $600,134,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in Roblox by 2.6% during the second quarter. Vanguard Group Inc. now owns 59,153,925 shares of the company’s stock worth $6,222,993,000 after buying an additional 1,513,608 shares in the last quarter. Ieq Capital LLC raised its holdings in Roblox by 13.8% in the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock valued at $1,101,097,000 after acquiring an additional 2,297,350 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Roblox by 9.1% in the 2nd quarter. Geode Capital Management LLC now owns 10,039,983 shares of the company’s stock worth $1,053,257,000 after acquiring an additional 834,230 shares during the period. AQR Capital Management LLC lifted its position in shares of Roblox by 217.4% in the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock worth $504,387,000 after acquiring an additional 6,007,322 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of Roblox by 9.9% during the 2nd quarter. Franklin Resources Inc. now owns 6,344,645 shares of the company’s stock worth $667,457,000 after purchasing an additional 570,018 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Insider Activity at Roblox

In other Roblox news, CAO Amy Marie Rawlings sold 2,642 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $95.24, for a total transaction of $251,624.08. Following the sale, the chief accounting officer owned 46,452 shares of the company’s stock, valued at $4,424,088.48. This represents a 5.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Naveen K. Chopra sold 19,424 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.23, for a total transaction of $1,849,747.52. Following the completion of the transaction, the chief financial officer directly owned 337,036 shares of the company’s stock, valued at approximately $32,095,938.28. This represents a 5.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 322,508 shares of company stock valued at $35,536,101. 12.92% of the stock is currently owned by company insiders.

Roblox Price Performance

Shares of Roblox stock opened at $93.86 on Tuesday. The stock has a market capitalization of $61.46 billion, a price-to-earnings ratio of -65.64 and a beta of 1.62. The firm’s 50-day moving average price is $117.06 and its two-hundred day moving average price is $114.15. 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 1-year low of $50.10 and a 1-year high of $150.59.

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on RBLX. Wells Fargo & Company cut their target price on Roblox from $155.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Arete Research set a $116.00 price objective on shares of Roblox in a research note on Tuesday, September 9th. UBS Group set a $120.00 target price on shares of Roblox in a research report on Friday, October 31st. JPMorgan Chase & Co. lowered their target price on shares of Roblox from $160.00 to $145.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, BTIG Research cut their price target on shares of Roblox from $180.00 to $174.00 and set a “buy” rating for the company in a research note 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 company. Based on data from MarketBeat, Roblox currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.41.

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.