Envestnet Asset Management Inc. Buys 88,467 Shares of Roblox Corporation $RBLX

Envestnet Asset Management Inc. grew its position in Roblox Corporation (NYSE:RBLX) by 75.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 205,498 shares of the company’s stock after purchasing an additional 88,467 shares during the period. Envestnet Asset Management Inc.’s holdings in Roblox were worth $28,466,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. NewEdge Advisors LLC grew its stake in Roblox by 2.3% during the first quarter. NewEdge Advisors LLC now owns 10,236 shares of the company’s stock worth $597,000 after buying an additional 231 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Roblox by 70.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 13,000 shares of the company’s stock worth $1,368,000 after acquiring an additional 5,363 shares in the last quarter. Aberdeen Group plc boosted its holdings in shares of Roblox by 18.4% in the 2nd quarter. Aberdeen Group plc now owns 96,099 shares of the company’s stock worth $10,110,000 after acquiring an additional 14,914 shares in the last quarter. Apollon Wealth Management LLC bought a new stake in Roblox during the 2nd quarter worth approximately $469,000. Finally, Yousif Capital Management LLC increased its holdings in Roblox by 1.9% during the 2nd quarter. Yousif Capital Management LLC now owns 6,925 shares of the company’s stock valued at $729,000 after purchasing an additional 127 shares in the last quarter. Institutional investors own 94.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. TD Cowen reissued a “sell” rating on shares of Roblox in a research note on Tuesday, January 27th. Piper Sandler reiterated an “overweight” rating and set a $100.00 price target (down previously from $125.00) on shares of Roblox in a research report on Friday, February 6th. Jefferies Financial Group set a $85.00 price objective on shares of Roblox in a research report on Thursday, January 15th. Barclays reduced their target price on shares of Roblox from $130.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Finally, Canaccord Genuity Group decreased their price target on shares of Roblox from $160.00 to $140.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $119.44.

Key Stories Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Analyst upgrade and growth forecast triggered a short-term rally (about a 10% intraday pop on Feb. 10), showing there is still buy-side conviction on Roblox’s long-term growth and creator-economy potential. Read More.
• Neutral Sentiment: Roblox published safety initiatives for Safer Internet Day — good for long-term trust and retention but unlikely to deliver immediate revenue upside. Read More.
• Neutral Sentiment: Longer-term bullish scenarios are being debated (e.g., whether RBLX can reach ~$150 by 2030); these are speculative and matter more to long-horizon investors than to near-term price action. Read More.
• Negative Sentiment: Significant, clustered insider selling: CEO David Baszucki sold ~272k shares (~25% reduction in his reported direct stake) and several other senior insiders sold large blocks across Feb. 10–11. The size and concentration of these sales is being read negatively by the market and likely added downward pressure. Read More. · Read More.
• Negative Sentiment: Regulatory/reputational risk: Australia has asked to meet with Roblox over complaints about grooming and graphic content, signaling potential regulatory scrutiny and compliance costs that can hurt user trust and monetization. Read More.
• Negative Sentiment: Round-up analysis explaining the latest pullback (insider selling, regulatory headlines, mixed post-earnings read) — useful for investors wanting a consolidated view of why shares are down. Read More.

Insider Transactions at Roblox

In other Roblox news, insider Arvind Chakravarthy sold 19,918 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $67.29, for a total value of $1,340,282.22. Following the sale, the insider directly owned 240,570 shares in the company, valued at approximately $16,187,955.30. This trade represents a 7.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark Reinstra sold 34,320 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $72.65, for a total transaction of $2,493,348.00. Following the completion of the transaction, the insider directly owned 454,322 shares of the company’s stock, valued at $33,006,493.30. This trade represents a 7.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 789,521 shares of company stock valued at $61,989,659. Corporate insiders own 12.92% of the company’s stock.

Roblox Stock Down 8.4%

Shares of Roblox stock opened at $63.22 on Friday. The business has a fifty day simple moving average of $79.24 and a 200 day simple moving average of $106.51. The stock has a market cap of $41.40 billion, a PE ratio of -40.79 and a beta of 1.63. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a 12 month low of $50.10 and a 12 month high of $150.59.

Roblox (NYSE:RBLX) last issued its earnings results on Thursday, February 5th. The company reported ($0.45) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.49) by $0.04. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Roblox had a negative return on equity of 311.88% and a negative net margin of 21.78%.The company’s revenue was up 122.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.33) earnings per share. Research analysts predict that Roblox Corporation will post -1.49 EPS for the current year.

Roblox Profile

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.