Roblox Corporation $RBLX Shares Purchased by Olympiad Research LP

Olympiad Research LP increased its holdings in Roblox Corporation (NYSE:RBLX) by 59.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,767 shares of the company’s stock after buying an additional 2,897 shares during the quarter. Roblox comprises approximately 1.3% of Olympiad Research LP’s investment portfolio, making the stock its 9th largest holding. Olympiad Research LP’s holdings in Roblox were worth $817,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nuveen LLC purchased a new position in Roblox during the first quarter valued at approximately $70,254,000. Fox Run Management L.L.C. lifted its stake in shares of Roblox by 56.5% in the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock valued at $709,000 after purchasing an additional 4,390 shares during the period. Moody Lynn & Lieberson LLC purchased a new stake in Roblox during the second quarter worth $2,779,000. Teacher Retirement System of Texas grew its position in Roblox by 14.5% during the second quarter. Teacher Retirement System of Texas now owns 81,314 shares of the company’s stock valued at $8,554,000 after buying an additional 10,325 shares during the period. Finally, Long Corridor Asset Management Ltd acquired a new stake in Roblox during the first quarter valued at $4,372,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox Price Performance

NYSE:RBLX opened at $101.24 on Friday. The stock has a 50 day moving average of $126.34 and a two-hundred day moving average of $111.65. Roblox Corporation has a 12 month low of $47.95 and a 12 month high of $150.59. The firm has a market cap of $66.30 billion, a P/E ratio of -70.80 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 issued its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.64 billion. During the same period in the previous year, the company posted ($0.37) earnings per share. The business’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. On average, analysts expect that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Insider Buying and Selling at Roblox

In other news, CEO David Baszucki sold 66,896 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $104.53, for a total transaction of $6,992,638.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $101.48, for a total transaction of $608,880.00. Following the completion of the transaction, the insider directly owned 260,642 shares in the company, valued at approximately $26,449,950.16. This represents a 2.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 324,416 shares of company stock worth $38,124,641. Company insiders own 12.92% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on RBLX shares. Jefferies Financial Group upped their price objective on shares of Roblox from $126.00 to $130.00 and gave the stock a “hold” rating in a research report on Tuesday, October 14th. Macquarie upped their price target on Roblox from $158.00 to $164.00 and gave the stock an “outperform” rating in a report on Tuesday, November 4th. Oppenheimer reiterated an “outperform” rating and set a $150.00 price target on shares of Roblox in a research report on Friday, October 31st. Piper Sandler set a $130.00 price objective on Roblox in a report on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Roblox in a research note on Wednesday, October 8th. Twenty equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.