Tejara Capital Ltd Takes $4.39 Million Position in Roblox Corporation $RBLX

Tejara Capital Ltd purchased a new stake in shares of Roblox Corporation (NYSE:RBLX) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 41,736 shares of the company’s stock, valued at approximately $4,391,000. Roblox accounts for about 2.0% of Tejara Capital Ltd’s holdings, making the stock its 15th largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of Roblox in the 1st quarter worth $70,254,000. Fox Run Management L.L.C. increased its holdings in shares of Roblox by 56.5% during the first quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock valued at $709,000 after acquiring an additional 4,390 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Roblox by 2.6% during the second quarter. Vanguard Group Inc. now owns 59,153,925 shares of the company’s stock valued at $6,222,993,000 after acquiring an additional 1,513,608 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Roblox in the 2nd quarter valued at approximately $120,041,000. Finally, Moody Lynn & Lieberson LLC acquired a new stake in Roblox in the 2nd quarter worth approximately $2,779,000. 94.46% of the stock is owned by hedge funds and other institutional investors.

Roblox Price Performance

RBLX opened at $92.88 on Friday. The stock’s 50-day moving average price is $118.72 and its 200 day moving average price is $113.41. Roblox Corporation has a 12-month low of $48.61 and a 12-month high of $150.59. The firm has a market cap of $60.82 billion, a price-to-earnings ratio of -64.95 and a beta of 1.61. 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 (NYSE:RBLX) last released its earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, beating the consensus estimate of ($0.44) by $0.07. The company had revenue of $1.36 billion during 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 company posted ($0.37) EPS. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Roblox Corporation will post -1.49 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on RBLX shares. Barclays lifted their price target on Roblox from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Macquarie upped their target price on Roblox from $158.00 to $164.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Benchmark reissued a “hold” rating on shares of Roblox in a report on Friday, October 31st. Morgan Stanley set a $170.00 price target on Roblox and gave the company an “overweight” rating in a report on Monday, October 13th. Finally, BMO Capital Markets raised their price target on shares of Roblox from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, October 2nd. Twenty equities 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 company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $136.41.

Insider Transactions at Roblox

In related news, CFO Naveen K. Chopra sold 19,424 shares of Roblox stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $95.23, for a total transaction of $1,849,747.52. Following the sale, the chief financial officer directly owned 337,036 shares in the company, valued at $32,095,938.28. This trade represents a 5.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Matthew D. Kaufman sold 20,867 shares of Roblox stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $96.10, for a total transaction of $2,005,318.70. Following the completion of the transaction, the insider directly owned 239,775 shares in the company, valued at $23,042,377.50. The trade was a 8.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 388,508 shares of company stock valued at $43,636,941 in the last 90 days. Insiders own 12.92% of the company’s stock.

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.