OMERS ADMINISTRATION Corp Sells 2,573 Shares of Roblox Corporation $RBLX

OMERS ADMINISTRATION Corp cut its stake in shares of Roblox Corporation (NYSE:RBLX) by 14.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,728 shares of the company’s stock after selling 2,573 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Roblox were worth $917,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Ieq Capital LLC raised its stake in shares of Roblox by 13.8% during the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock worth $1,101,097,000 after purchasing an additional 2,297,350 shares during the period. FORA Capital LLC bought a new stake in shares of Roblox during the 1st quarter worth $550,000. Comerica Bank raised its stake in shares of Roblox by 89.9% during the 1st quarter. Comerica Bank now owns 13,566 shares of the company’s stock worth $791,000 after purchasing an additional 6,421 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Roblox by 19.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,498 shares of the company’s stock worth $148,000 after purchasing an additional 399 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in shares of Roblox by 1.4% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 92,944 shares of the company’s stock worth $5,418,000 after purchasing an additional 1,273 shares during the period. 94.46% of the stock is currently owned by institutional investors.

Insider Transactions at Roblox

In other Roblox news, CEO David Baszucki sold 687,500 shares of Roblox stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $92.26, for a total transaction of $63,428,750.00. Following the completion of the transaction, the chief executive officer owned 211,559 shares of the company’s stock, valued at $19,518,433.34. The trade was a 76.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Mark Reinstra sold 150,000 shares of Roblox stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $99.75, for a total value of $14,962,500.00. Following the transaction, the insider directly owned 389,489 shares of the company’s stock, valued at $38,851,527.75. The trade was a 27.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,854,931 shares of company stock valued at $383,522,881 in the last ninety days. Insiders own 12.92% of the company’s stock.

Roblox Stock Down 1.7%

RBLX stock opened at $124.68 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The firm has a market capitalization of $80.42 billion, a PE ratio of -87.19 and a beta of 1.62. Roblox Corporation has a twelve month low of $37.50 and a twelve month high of $150.59. The stock has a 50-day simple moving average of $117.98 and a two-hundred day simple moving average of $87.09.

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). The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The firm’s quarterly revenue was up 50.5% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Analyst Ratings Changes

RBLX has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their target price on Roblox from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Macquarie lifted their target price on Roblox from $76.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, May 5th. BTIG Research set a $131.00 target price on Roblox and gave the stock a “buy” rating in a research note on Monday, July 28th. Barclays lifted their price objective on Roblox from $62.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Finally, Citigroup lifted their price objective on Roblox from $123.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Twenty research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Roblox presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.00.

Roblox Company 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.