Private Trust Co. NA Has $241,000 Stock Holdings in Roblox Corporation $RBLX

Private Trust Co. NA grew its stake in Roblox Corporation (NYSE:RBLX) by 22,780.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,288 shares of the company’s stock after buying an additional 2,278 shares during the period. Private Trust Co. NA’s holdings in Roblox were worth $241,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Nordea Investment Management AB increased its stake in shares of Roblox by 20.1% in the second quarter. Nordea Investment Management AB now owns 46,332 shares of the company’s stock valued at $4,862,000 after buying an additional 7,756 shares during the period. Allianz Asset Management GmbH increased its holdings in Roblox by 457.1% in the second quarter. Allianz Asset Management GmbH now owns 220,619 shares of the company’s stock worth $23,209,000 after purchasing an additional 181,020 shares in the last quarter. Generali Asset Management SPA SGR bought a new stake in Roblox in the second quarter worth approximately $40,000. Harbour Investments Inc. increased its holdings in Roblox by 60.5% in the second quarter. Harbour Investments Inc. now owns 549 shares of the company’s stock worth $58,000 after purchasing an additional 207 shares in the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of Roblox in the 2nd quarter valued at $393,000. Institutional investors and hedge funds own 94.46% of the company’s stock.

Insider Transactions at Roblox

In other news, insider Matthew D. Kaufman sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $135.02, for a total value of $810,120.00. Following the transaction, the insider owned 272,642 shares in the company, valued at $36,812,122.84. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anthony P. Lee sold 66,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $136.33, for a total value of $8,997,780.00. Following the completion of the transaction, the director owned 270,628 shares in the company, valued at $36,894,715.24. This represents a 19.61% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 366,876 shares of company stock valued at $47,485,929. Company insiders own 12.92% of the company’s stock.

Roblox Trading Up 1.5%

Shares of Roblox stock opened at $134.87 on Tuesday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. Roblox Corporation has a 52 week low of $39.46 and a 52 week high of $150.59. The stock has a 50 day moving average price of $129.38 and a two-hundred day moving average price of $104.86. The stock has a market capitalization of $86.99 billion, a PE ratio of -94.31 and a beta of 1.63.

Roblox (NYSE:RBLX) last announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the business posted ($0.32) EPS. The company’s 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. As a group, equities analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on RBLX shares. Roth Capital reiterated a “neutral” rating and set a $146.00 target price on shares of Roblox in a research report on Friday. Canaccord Genuity Group boosted their target price on shares of Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Morgan Stanley set a $170.00 target price on shares of Roblox and gave the company an “overweight” rating in a research report on Monday, October 13th. BMO Capital Markets boosted their target price on shares of Roblox from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Finally, Needham & Company LLC boosted their target price on shares of Roblox from $79.00 to $159.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Twenty research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.22.

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.