Generali Asset Management SPA SGR Invests $40,000 in Roblox Corporation $RBLX

Generali Asset Management SPA SGR acquired a new position in shares of Roblox Corporation (NYSE:RBLX) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 378 shares of the company’s stock, valued at approximately $40,000.

A number of other large investors have also modified their holdings of the stock. Yousif Capital Management LLC increased its position in shares of Roblox by 1.9% during the second quarter. Yousif Capital Management LLC now owns 6,925 shares of the company’s stock worth $729,000 after acquiring an additional 127 shares during the period. Farther Finance Advisors LLC increased its holdings in Roblox by 21.4% in the second quarter. Farther Finance Advisors LLC now owns 801 shares of the company’s stock valued at $84,000 after buying an additional 141 shares during the last quarter. Independent Wealth Network Inc. increased its holdings in Roblox by 3.9% in the second quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company’s stock valued at $409,000 after buying an additional 146 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in Roblox by 1.2% in the first quarter. SBI Securities Co. Ltd. now owns 13,295 shares of the company’s stock valued at $775,000 after buying an additional 163 shares during the last quarter. Finally, Allegiance Financial Group Advisory Services LLC increased its holdings in Roblox by 1.9% in the second quarter. Allegiance Financial Group Advisory Services LLC now owns 9,342 shares of the company’s stock valued at $983,000 after buying an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Insiders Place Their Bets

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

Roblox Stock Performance

NYSE RBLX opened at $132.81 on Friday. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. Roblox Corporation has a 1 year low of $39.30 and a 1 year high of $150.59. The company has a market capitalization of $85.67 billion, a PE ratio of -92.87 and a beta of 1.63. The company has a fifty day moving average of $129.30 and a two-hundred day moving average of $103.96.

Roblox (NYSE:RBLX) last released its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the company earned ($0.32) EPS. The business’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, analysts expect that Roblox Corporation will post -1.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Roth Capital reissued a “neutral” rating and issued a $146.00 target price on shares of Roblox in a report on Friday. Morgan Stanley set a $170.00 target price on Roblox and gave the company an “overweight” rating in a report on Monday, October 13th. Wells Fargo & Company increased their target price on Roblox from $153.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, October 3rd. Arete Research set a $116.00 target price on Roblox in a report on Tuesday, September 9th. Finally, Wall Street Zen upgraded shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday. Twenty analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $129.22.

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.