Invictus Private Wealth LLC Reduces Position in Roblox Corporation $RBLX

Invictus Private Wealth LLC trimmed its stake in Roblox Corporation (NYSE:RBLX) by 42.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 81,299 shares of the company’s stock after selling 58,927 shares during the period. Roblox makes up about 0.6% of Invictus Private Wealth LLC’s investment portfolio, making the stock its 24th biggest position. Invictus Private Wealth LLC’s holdings in Roblox were worth $8,553,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RBLX. Park Avenue Securities LLC purchased a new stake in Roblox in the 1st quarter valued at about $293,000. GAMMA Investing LLC boosted its position in Roblox by 89.5% in the 1st quarter. GAMMA Investing LLC now owns 2,274 shares of the company’s stock valued at $133,000 after buying an additional 1,074 shares during the period. Handelsbanken Fonder AB boosted its position in Roblox by 5.0% in the 1st quarter. Handelsbanken Fonder AB now owns 130,081 shares of the company’s stock valued at $7,582,000 after buying an additional 6,225 shares during the period. Assenagon Asset Management S.A. boosted its position in Roblox by 1,294.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 641,913 shares of the company’s stock valued at $37,417,000 after buying an additional 595,895 shares during the period. Finally, Simon Quick Advisors LLC boosted its position in Roblox by 17.7% in the 1st quarter. Simon Quick Advisors LLC now owns 5,783 shares of the company’s stock valued at $337,000 after buying an additional 868 shares during the period. 94.46% of the stock is owned by hedge funds and other institutional investors.

Roblox Trading Up 0.3%

NYSE:RBLX opened at $126.77 on Friday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $81.77 billion, a P/E ratio of -88.65 and a beta of 1.63. The firm has a 50-day simple moving average of $128.96 and a 200-day simple moving average of $101.12. Roblox Corporation has a one year low of $39.30 and a one year high of $150.59.

Roblox (NYSE:RBLX) last posted its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The company’s revenue was up 50.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on RBLX shares. Arete raised shares of Roblox from a “sell” rating to a “neutral” rating and set a $116.00 price objective for the company in a research report on Tuesday, September 9th. Morgan Stanley boosted their price objective on shares of Roblox from $76.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Bank of America boosted their price target on shares of Roblox from $159.00 to $171.00 and gave the company a “buy” rating in a report on Monday, September 8th. Cowen restated a “sell” rating on shares of Roblox in a report on Monday, August 18th. Finally, BTIG Research boosted their price target on shares of Roblox from $159.00 to $173.00 and gave the company a “buy” rating in a report on Tuesday, September 9th. Twenty equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Roblox presently has a consensus rating of “Moderate Buy” and an average target price of $126.84.

Insider Activity

In related news, insider Matthew D. Kaufman sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $136.55, for a total transaction of $819,300.00. Following the completion of the transaction, the insider owned 278,642 shares in the company, valued at $38,048,565.10. The trade was a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Arvind Chakravarthy sold 20,552 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total transaction of $2,419,175.92. Following the transaction, the insider owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 372,876 shares of company stock worth $48,196,989. Insiders own 12.92% of the company’s stock.

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.