E Fund Management Hong Kong Co. Ltd. Purchases New Holdings in Roblox Corporation $RBLX

E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Roblox Corporation (NYSE:RBLX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,395 shares of the company’s stock, valued at approximately $147,000.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Roblox by 8.3% in the first quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company’s stock valued at $3,359,854,000 after buying an additional 4,400,624 shares during the last quarter. Ieq Capital LLC lifted its position in shares of Roblox by 13.8% in the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company’s stock valued at $1,101,097,000 after buying an additional 2,297,350 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Roblox by 217.4% in the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company’s stock valued at $504,387,000 after buying an additional 6,007,322 shares during the last quarter. Amundi lifted its position in shares of Roblox by 55.5% in the first quarter. Amundi now owns 4,960,806 shares of the company’s stock valued at $288,818,000 after buying an additional 1,769,669 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Roblox by 210.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company’s stock valued at $189,840,000 after buying an additional 2,207,897 shares during the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Matthew D. Kaufman sold 6,000 shares of Roblox stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $136.55, for a total value of $819,300.00. Following the transaction, the insider owned 278,642 shares in the company, valued at approximately $38,048,565.10. This trade represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Anthony P. Lee sold 111,112 shares of Roblox stock in a transaction on Friday, August 1st. The shares were sold at an average price of $131.01, for a total value of $14,556,783.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 372,876 shares of company stock worth $48,196,989. 12.92% of the stock is currently owned by company insiders.

Roblox Price Performance

Roblox stock opened at $125.85 on Thursday. The stock’s fifty day moving average price is $129.15 and its two-hundred day moving average price is $100.23. Roblox Corporation has a one year low of $39.30 and a one year high of $150.59. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market cap of $81.18 billion, a PE ratio of -88.01 and a beta of 1.63.

Roblox (NYSE:RBLX) last posted its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) EPS 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 company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the business earned ($0.32) EPS. Roblox’s 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. As a group, research analysts expect 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 research reports. Wells Fargo & Company increased their target price on Roblox from $153.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, October 3rd. Cowen reiterated a “sell” rating on shares of Roblox in a research note on Monday, August 18th. Wolfe Research upgraded Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Friday, August 22nd. JPMorgan Chase & Co. increased their target price on Roblox from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, September 22nd. Finally, Oppenheimer reiterated an “outperform” rating and set a $125.00 target price (up previously from $80.00) on shares of Roblox in a research note on Wednesday, June 18th. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $126.84.

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.