3,894 Shares in Roblox Corporation $RBLX Purchased by Yeomans Consulting Group Inc.

Yeomans Consulting Group Inc. bought a new stake in Roblox Corporation (NYSE:RBLX) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,894 shares of the company’s stock, valued at approximately $392,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Roblox by 68.2% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,675 shares of the company’s stock worth $6,278,000 after acquiring an additional 24,192 shares during the period. Lecap Asset Management Ltd. acquired a new stake in Roblox in the second quarter valued at $546,000. ASR Vermogensbeheer N.V. increased its position in shares of Roblox by 54.4% in the second quarter. ASR Vermogensbeheer N.V. now owns 51,425 shares of the company’s stock valued at $5,409,000 after buying an additional 18,114 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Roblox by 47.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 847,544 shares of the company’s stock worth $89,162,000 after buying an additional 271,910 shares during the last quarter. Finally, QTR Family Wealth LLC acquired a new position in shares of Roblox during the 2nd quarter worth $456,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Roblox

In other news, Director Anthony P. Lee sold 111,112 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $131.01, for a total transaction of $14,556,783.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the completion of the transaction, the insider owned 242,469 shares in the company, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 366,876 shares of company stock worth $47,386,869. 12.92% of the stock is currently owned by company insiders.

Roblox Price Performance

Shares of NYSE:RBLX opened at $133.44 on Friday. The company has a market cap of $86.07 billion, a P/E ratio of -93.31 and a beta of 1.63. The business has a fifty day simple moving average of $128.81 and a 200-day simple moving average of $98.39. Roblox Corporation has a 52 week low of $37.50 and a 52 week high of $150.59. 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 quarterly earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $1.20 billion. During the same quarter last year, the firm earned ($0.32) EPS. The firm’s quarterly revenue was up 50.5% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that Roblox Corporation will post -1.49 EPS for the current year.

Analysts Set New Price Targets

RBLX has been the subject of several recent research reports. Citigroup raised their target price on shares of Roblox from $123.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research note on Friday, September 26th. Bank of America lifted their price objective on Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Raymond James Financial cut Roblox from a “strong-buy” rating to an “outperform” rating and increased their target price for the company from $81.00 to $130.00 in a report on Wednesday, July 23rd. Finally, BMO Capital Markets boosted their price target on Roblox from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday. Twenty investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $126.64.

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.