Sterling Capital Management LLC Has $255,000 Position in Roblox Corporation $RBLX

Posted by Tammy Falkenburg on Jul 6th, 2026

Sterling Capital Management LLC lowered its holdings in Roblox Corporation (NYSE:RBLX – Free Report) by 74.4% in the first quarter, Holdings Channel.com reports. The firm owned 4,509 shares of the company’s stock after selling 13,132 shares during the period. Sterling Capital Management LLC’s holdings in Roblox were worth $255,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Roblox during the fourth quarter valued at $435,424,000. SRS Investment Management LLC purchased a new position in Roblox during the 4th quarter valued at about $238,065,000. Capital International Investors increased its holdings in shares of Roblox by 7.3% in the 4th quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock valued at $2,589,282,000 after purchasing an additional 2,184,439 shares during the period. ValueAct Holdings L.P. increased its holdings in shares of Roblox by 39.5% in the 4th quarter. ValueAct Holdings L.P. now owns 5,975,821 shares of the company’s stock valued at $484,221,000 after purchasing an additional 1,692,600 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of Roblox by 99.5% in the fourth quarter. BNP Paribas Financial Markets now owns 3,377,673 shares of the company’s stock worth $273,693,000 after purchasing an additional 1,684,411 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Roblox Trading Down 0.2%

Shares of NYSE RBLX opened at $55.29 on Monday. The business has a 50 day simple moving average of $47.64 and a 200 day simple moving average of $60.84. Roblox Corporation has a 52 week low of $40.15 and a 52 week high of $150.59. The stock has a market cap of $37.13 billion, a price-to-earnings ratio of -34.99 and a beta of 1.41. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89.

Roblox (NYSE:RBLX – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.06. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The company’s revenue for the quarter was up 43.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.32) earnings per share. On average, research analysts predict that Roblox Corporation will post -1.4 earnings per share for the current fiscal year.

Roblox declared that its Board of Directors has approved a share buyback plan on Tuesday, May 19th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 9.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Wedbush cut shares of Roblox from a “hold” rating to a “neutral” rating in a report on Friday, May 1st. Oppenheimer started coverage on shares of Roblox in a research note on Friday, May 1st. They issued an “outperform” rating on the stock. Wolfe Research assumed coverage on shares of Roblox in a research report on Friday, May 1st. They issued an “outperform” rating for the company. Piper Sandler lowered shares of Roblox from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $100.00 to $50.00 in a research note on Monday, May 4th. Finally, HSBC cut shares of Roblox from a “buy” rating to a “hold” rating and set a $46.00 price target on the stock. in a report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Roblox currently has an average rating of “Moderate Buy” and an average price target of $85.48.

View Our Latest Analysis on RBLX

Key Stories Impacting Roblox

Here are the key news stories impacting Roblox this week:

Negative Sentiment: Roblox is facing a securities class action over claims that its Q1 report failed to fully account for the impact of age-check changes on user growth, keeping legal and reputational risk in focus. Roblox Corporation Faces Securities Class Action Amid Surprise Age Verification Impact
Negative Sentiment: Multiple law firms are reminding investors about the lead-plaintiff deadline, reinforcing headline risk and suggesting the litigation story is still gathering momentum. RBLX Shareholder Action Reminder
Negative Sentiment: Insider selling by Director Gregory Baszucki added to cautious sentiment, even though the sale was made under a pre-arranged 10b5-1 trading plan. Insider Selling: Roblox Director Sells 16,666 Shares
Neutral Sentiment: Roblox also partnered with EDO to add TV-style ad benchmarks to its platform, a longer-term monetization development that could help advertising demand but is not an immediate catalyst. Roblox Partners With EDO To Bring TV Style Ad Benchmarks In Game

Insider Buying and Selling at Roblox

In related news, insider Matthew D. Kaufman sold 14,356 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $45.27, for a total value of $649,896.12. Following the completion of the sale, the insider directly owned 349,964 shares in the company, valued at approximately $15,842,870.28. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Naveen K. Chopra sold 16,863 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total transaction of $763,556.64. Following the transaction, the chief financial officer directly owned 380,758 shares in the company, valued at $17,240,722.24. The trade was a 4.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 189,449 shares of company stock worth $9,175,077 in the last ninety days. Company insiders own 10.05% of the company’s stock.

Roblox Company Profile

(Free Report)

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.