Mitsubishi UFJ Trust & Banking Corp Sells 22,653 Shares of Roblox Corporation $RBLX

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Roblox Corporation (NYSE:RBLX) by 3.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 584,411 shares of the company’s stock after selling 22,653 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.09% of Roblox worth $61,480,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. AQR Capital Management LLC lifted its holdings in 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 buying an additional 6,007,322 shares during the period. Vanguard Group Inc. lifted its stake in Roblox by 8.3% in the first quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock worth $3,359,854,000 after acquiring an additional 4,400,624 shares during the period. Ieq Capital LLC lifted its stake in Roblox by 13.8% in the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after acquiring an additional 2,297,350 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Roblox by 210.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock valued at $189,840,000 after acquiring an additional 2,207,897 shares in the last quarter. Finally, Amundi raised its holdings in Roblox by 55.5% in the 1st quarter. Amundi now owns 4,960,806 shares of the company’s stock worth $288,818,000 after purchasing an additional 1,769,669 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Roblox Stock Performance

RBLX stock opened at $104.29 on Thursday. The stock’s 50 day simple moving average is $126.91 and its 200 day simple moving average is $111.72. 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 12-month low of $47.95 and a 12-month high of $150.59. The stock has a market capitalization of $68.30 billion, a PE ratio of -72.93 and a beta of 1.61.

Roblox (NYSE:RBLX) last posted its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the business earned ($0.37) earnings per share. The company’s revenue was up 70.3% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Insider Activity at Roblox

In other news, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction that occurred 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 $28,541,025.99. The trade was a 7.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Anthony P. Lee sold 66,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $104.07, for a total transaction of $6,868,620.00. Following the completion of the sale, the director owned 266,008 shares in the company, valued at $27,683,452.56. This represents a 19.88% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 257,520 shares of company stock worth $31,132,002. 12.92% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

RBLX has been the topic of several research reports. Benchmark reaffirmed a “hold” rating on shares of Roblox in a research report on Friday, October 31st. Canaccord Genuity Group set a $160.00 target price on shares of Roblox in a research report on Thursday, October 30th. Citigroup boosted their price objective on shares of Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Wolfe Research upgraded shares of Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price for the company in a report on Friday, August 22nd. Finally, Wall Street Zen upgraded Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Twenty research 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.