Allianz Asset Management GmbH Has $23.21 Million Stake in Roblox Corporation $RBLX

Allianz Asset Management GmbH raised its holdings in Roblox Corporation (NYSE:RBLX) by 457.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 220,619 shares of the company’s stock after purchasing an additional 181,020 shares during the period. Allianz Asset Management GmbH’s holdings in Roblox were worth $23,209,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Roblox in the first quarter valued at approximately $70,254,000. Fox Run Management L.L.C. increased its stake in Roblox by 56.5% during the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock worth $709,000 after acquiring an additional 4,390 shares during the period. Moody Lynn & Lieberson LLC acquired a new position in Roblox in the 2nd quarter valued at $2,779,000. Long Corridor Asset Management Ltd bought a new stake in shares of Roblox during the 1st quarter valued at $4,372,000. Finally, OMNI 360 Wealth Inc. lifted its position in shares of Roblox by 69.9% during the 2nd quarter. OMNI 360 Wealth Inc. now owns 8,059 shares of the company’s stock valued at $848,000 after acquiring an additional 3,315 shares during the period. 94.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on RBLX shares. Wolfe Research upgraded Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Friday, August 22nd. Bank of America increased their price objective on shares of Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a research note on Monday, September 8th. Arete Research set a $116.00 target price on shares of Roblox in a report on Tuesday, September 9th. BTIG Research boosted their target price on shares of Roblox from $173.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Barclays increased their price target on shares of Roblox from $62.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st. Twenty research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Roblox presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.22.

Roblox Stock Down 1.2%

Shares of NYSE:RBLX opened at $132.81 on Monday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. Roblox Corporation has a 52-week low of $39.30 and a 52-week high of $150.59. The company has a market capitalization of $85.67 billion, a PE ratio of -92.87 and a beta of 1.63. The company has a fifty day moving average of $129.30 and a 200-day moving average of $104.28.

Roblox (NYSE:RBLX) last issued its earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share (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 firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the company earned ($0.32) EPS. Roblox’s revenue for the quarter 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 analysts predict that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Insider Buying and Selling at Roblox

In related news, Director Anthony P. Lee sold 111,112 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $131.01, for a total value of $14,556,783.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 shares of the firm’s stock in a transaction on 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 transaction, the insider directly owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. This represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 366,876 shares of company stock valued at $47,485,929. Insiders own 12.92% of the company’s stock.

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.