Whipplewood Advisors LLC Takes $34,000 Position in Roblox Corporation $RBLX

Whipplewood Advisors LLC acquired a new stake in shares of Roblox Corporation (NYSE:RBLX) during the second quarter, HoldingsChannel.com reports. The fund acquired 325 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds have also made changes to their positions in RBLX. GAMMA Investing LLC increased its holdings in shares of Roblox by 89.5% during the 1st quarter. GAMMA Investing LLC now owns 2,274 shares of the company’s stock valued at $133,000 after acquiring an additional 1,074 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Roblox by 19.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,148 shares of the company’s stock valued at $300,000 after acquiring an additional 823 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Roblox by 15.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,483 shares of the company’s stock valued at $2,096,000 after acquiring an additional 4,760 shares during the last quarter. KBC Group NV grew its holdings in Roblox by 60.4% in the 1st quarter. KBC Group NV now owns 119,218 shares of the company’s stock valued at $6,950,000 after buying an additional 44,886 shares during the last quarter. Finally, Essex Financial Services Inc. acquired a new stake in Roblox in the 1st quarter valued at approximately $213,000. Institutional investors and hedge funds own 94.46% of the company’s stock.

Roblox Price Performance

Shares of RBLX stock opened at $128.53 on Tuesday. The stock’s fifty day simple moving average is $129.94 and its 200 day simple moving average is $107.50. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market cap of $82.91 billion, a price-to-earnings ratio of -89.88 and a beta of 1.63. Roblox Corporation has a one year low of $41.50 and a one year high of $150.59.

Roblox (NYSE:RBLX) last announced its quarterly 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). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. Roblox’s quarterly revenue was up 50.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on RBLX. Canaccord Genuity Group raised their target price on Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Benchmark raised their target price on Roblox from $77.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 1st. Barclays raised their target price on Roblox from $62.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Roth Capital reaffirmed a “neutral” rating and issued a $146.00 target price on shares of Roblox in a report on Friday, October 17th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Roblox in a report on Thursday, September 4th. Twenty analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $129.22.

Insiders Place Their Bets

In related news, CEO David Baszucki sold 875 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $126.72, for a total value of $110,880.00. Following the sale, the chief executive officer owned 211,559 shares of the company’s stock, valued at $26,808,756.48. The trade was a 0.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $2,419,175.92. Following the completion of the sale, the insider directly owned 242,469 shares in the company, valued at approximately $28,541,025.99. This represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 366,876 shares of company stock worth $47,485,929 over the last quarter. Corporate insiders own 12.92% of the company’s stock.

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.