XTX Topco Ltd Sells 16,094 Shares of Roblox Corporation $RBLX

XTX Topco Ltd decreased its holdings in Roblox Corporation (NYSE:RBLX) by 21.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 57,923 shares of the company’s stock after selling 16,094 shares during the period. XTX Topco Ltd’s holdings in Roblox were worth $6,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Whipplewood Advisors LLC bought a new stake in shares of Roblox in the second quarter valued at approximately $34,000. ORG Partners LLC acquired a new position in Roblox during the second quarter valued at approximately $33,000. Generali Asset Management SPA SGR acquired a new position in shares of Roblox during the 2nd quarter worth $40,000. Kiker Wealth Management LLC lifted its position in shares of Roblox by 2,646.7% during the 2nd quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock worth $43,000 after buying an additional 397 shares during the last quarter. Finally, SouthState Corp boosted its stake in Roblox by 232.1% in the second quarter. SouthState Corp now owns 435 shares of the company’s stock valued at $46,000 after buying an additional 304 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Canaccord Genuity Group set a $160.00 price target on shares of Roblox in a research note on Thursday, October 30th. JPMorgan Chase & Co. decreased their target price on shares of Roblox from $160.00 to $145.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Roth Capital reiterated a “neutral” rating and issued a $146.00 price target on shares of Roblox in a research note on Friday, October 17th. Wells Fargo & Company cut their price objective on Roblox from $155.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Finally, Wall Street Zen raised Roblox from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Twenty investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Roblox currently has an average rating of “Moderate Buy” and a consensus price target of $136.41.

Roblox Trading Up 1.5%

NYSE RBLX opened at $90.57 on Tuesday. The firm has a market capitalization of $59.31 billion, a PE ratio of -63.34 and a beta of 1.61. The business’s 50-day moving average price is $121.32 and its two-hundred day moving average price is $113.56. 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 Corporation has a 12 month low of $47.95 and a 12 month high of $150.59.

Roblox (NYSE:RBLX) last announced its earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, beating the consensus estimate of ($0.44) by $0.07. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Roblox had a negative return on equity of 314.20% and a negative net margin of 21.70%.The firm’s revenue was up 70.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.37) earnings per share. 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 EPS for the current year.

Insider Buying and Selling at Roblox

In other Roblox news, CAO Amy Marie Rawlings sold 2,642 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.24, for a total transaction of $251,624.08. Following the completion of the sale, the chief accounting officer directly owned 46,452 shares in the company, valued at approximately $4,424,088.48. This trade represents a 5.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Naveen K. Chopra sold 19,424 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $95.23, for a total value of $1,849,747.52. Following the completion of the transaction, the chief financial officer directly owned 337,036 shares in the company, valued at $32,095,938.28. This represents a 5.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 388,508 shares of company stock valued at $43,636,941. 12.92% of the stock is owned by corporate insiders.

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.