Sequoia Financial Advisors LLC Buys 1,423 Shares of Roblox Corporation $RBLX

Sequoia Financial Advisors LLC boosted its stake in Roblox Corporation (NYSE:RBLX) by 27.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,571 shares of the company’s stock after buying an additional 1,423 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Roblox were worth $691,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Roblox

In other Roblox news, CAO Amy Marie Rawlings sold 6,567 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $773,001.57. Following the transaction, the chief accounting officer directly owned 46,866 shares of the company’s stock, valued at approximately $5,516,596.86. This trade represents a 12.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $819,300.00. Following the sale, the insider directly owned 278,642 shares of the company’s stock, valued at $38,048,565.10. This represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 366,876 shares of company stock valued at $47,485,929. 12.92% of the stock is currently owned by corporate insiders.

Roblox Trading Down 1.2%

Shares of RBLX opened at $132.81 on Monday. The stock’s fifty day simple moving average is $129.30 and its 200-day simple moving average is $104.28. The firm has a market capitalization of $85.67 billion, a PE ratio of -92.87 and a beta of 1.63. Roblox Corporation has a 12-month low of $39.30 and a 12-month 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 announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts predict that Roblox Corporation will post -1.49 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Arete Research set a $116.00 target price on Roblox in a report on Tuesday, September 9th. Jefferies Financial Group lifted their price objective on Roblox from $126.00 to $130.00 and gave the company a “hold” rating in a research report on Tuesday, October 14th. Morgan Stanley set a $170.00 target price on Roblox and gave the stock an “overweight” rating in a report on Monday, October 13th. Canaccord Genuity Group raised their target price on Roblox from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Benchmark upped their price target on shares of Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Twenty equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Roblox currently has an average rating of “Moderate Buy” and an average price target of $129.22.

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.