Roblox Corporation $RBLX Stock Position Lifted by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its position in Roblox Corporation (NYSE:RBLX) by 89.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,122 shares of the company’s stock after acquiring an additional 77,648 shares during the quarter. Roblox comprises approximately 1.5% of IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings, making the stock its 7th biggest position. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Roblox were worth $17,266,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in shares of Roblox in the first quarter worth $70,254,000. Fox Run Management L.L.C. increased its stake in Roblox by 56.5% in the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock worth $709,000 after buying an additional 4,390 shares in the last quarter. Moody Lynn & Lieberson LLC purchased a new stake in Roblox in the 2nd quarter worth $2,779,000. Long Corridor Asset Management Ltd bought a new stake in Roblox during the first quarter valued at about $4,372,000. Finally, OMNI 360 Wealth Inc. lifted its position in shares of Roblox by 69.9% in the second quarter. OMNI 360 Wealth Inc. now owns 8,059 shares of the company’s stock valued at $848,000 after acquiring an additional 3,315 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Roblox Price Performance

RBLX stock opened at $128.53 on Tuesday. Roblox Corporation has a 52 week low of $41.50 and a 52 week high of $150.59. The firm has a market capitalization of $82.91 billion, a P/E ratio of -89.88 and a beta of 1.63. The company has a fifty day simple moving average of $129.94 and a two-hundred day simple moving average of $107.50. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94.

Roblox (NYSE:RBLX) last posted its earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the firm earned ($0.32) earnings per share. The business’s quarterly 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. Analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on RBLX. Arete Research set a $116.00 target price on Roblox in a research report on Tuesday, September 9th. Roth Capital reaffirmed a “neutral” rating and set a $146.00 price objective on shares of Roblox in a report on Friday, October 17th. Benchmark lifted their price objective on shares of Roblox from $77.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Cowen restated a “sell” rating on shares of Roblox in a research report on Monday, August 18th. Finally, Wedbush reaffirmed an “outperform” rating and set a $165.00 target price on shares of Roblox in a research note on Thursday, September 4th. Twenty analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Roblox presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.22.

Insider Buying and Selling at Roblox

In other news, insider Matthew D. Kaufman sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $135.02, for a total value of $810,120.00. Following the completion of the sale, the insider directly owned 272,642 shares of the company’s stock, valued at $36,812,122.84. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the transaction, the director directly owned 270,628 shares of the company’s stock, valued at $36,894,715.24. The trade was a 19.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 366,876 shares of company stock valued at $47,485,929. Corporate 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.