Trexquant Investment LP Has $23.59 Million Holdings in Roblox Corporation $RBLX

Trexquant Investment LP cut its position in shares of Roblox Corporation (NYSE:RBLX) by 31.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 404,670 shares of the company’s stock after selling 185,037 shares during the quarter. Trexquant Investment LP’s holdings in Roblox were worth $23,588,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. MetLife Investment Management LLC increased its position in shares of Roblox by 0.5% during the fourth quarter. MetLife Investment Management LLC now owns 32,374 shares of the company’s stock worth $1,873,000 after buying an additional 161 shares during the period. SBI Securities Co. Ltd. increased its position in shares of Roblox by 1.2% during the first quarter. SBI Securities Co. Ltd. now owns 13,295 shares of the company’s stock worth $775,000 after buying an additional 163 shares during the period. Commerce Bank increased its position in shares of Roblox by 2.7% during the first quarter. Commerce Bank now owns 7,257 shares of the company’s stock worth $423,000 after buying an additional 191 shares during the period. Ballentine Partners LLC increased its position in shares of Roblox by 0.3% during the first quarter. Ballentine Partners LLC now owns 77,513 shares of the company’s stock worth $4,518,000 after buying an additional 198 shares during the period. Finally, Signaturefd LLC increased its position in shares of Roblox by 3.8% during the first quarter. Signaturefd LLC now owns 6,153 shares of the company’s stock worth $359,000 after buying an additional 225 shares during the period. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Roblox

In other Roblox news, CEO David Baszucki sold 687,500 shares of the firm’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $87.97, for a total value of $60,479,375.00. Following the transaction, the chief executive officer directly owned 211,559 shares of the company’s stock, valued at approximately $18,610,845.23. This trade represents a 76.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 4,935,047 shares of company stock valued at $478,661,185 over the last 90 days. 12.92% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

RBLX has been the subject of several recent analyst reports. Needham & Company LLC increased their price objective on shares of Roblox from $79.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Bank of America raised their price target on shares of Roblox from $86.00 to $103.00 and gave the stock a “buy” rating in a report on Thursday, June 5th. JPMorgan Chase & Co. raised their price target on shares of Roblox from $120.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Piper Sandler raised their price target on shares of Roblox from $105.00 to $138.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Finally, Benchmark raised their price target on shares of Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Twenty analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $119.00.

Roblox Stock Down 1.3%

Roblox stock opened at $123.15 on Thursday. Roblox Corporation has a 1-year low of $37.50 and a 1-year high of $150.59. The firm has a market capitalization of $79.43 billion, a price-to-earnings ratio of -86.11 and a beta of 1.63. The firm’s fifty day moving average price is $116.62 and its two-hundred day moving average price is $85.56. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94.

Roblox (NYSE:RBLX) last released its quarterly earnings data 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 net margin of 23.67% and a negative return on equity of 372.96%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the business posted ($0.32) earnings per share. The firm’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. On average, equities research analysts predict that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

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.