Carrera Capital Advisors Has $1.46 Million Stock Holdings in Roblox Corporation $RBLX

Carrera Capital Advisors cut its stake in shares of Roblox Corporation (NYSE:RBLX) by 22.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,842 shares of the company’s stock after selling 3,984 shares during the period. Carrera Capital Advisors’ holdings in Roblox were worth $1,456,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of RBLX. ORG Partners LLC acquired a new position in Roblox during the second quarter valued at approximately $33,000. Larson Financial Group LLC lifted its position in shares of Roblox by 819.0% in the first quarter. Larson Financial Group LLC now owns 579 shares of the company’s stock valued at $34,000 after buying an additional 516 shares during the last quarter. Generali Asset Management SPA SGR acquired a new stake in shares of Roblox in the second quarter valued at approximately $40,000. Kiker Wealth Management LLC lifted its position in shares of Roblox by 2,646.7% in the second quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock valued at $43,000 after buying an additional 397 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Roblox by 124.7% in the second quarter. Fifth Third Bancorp now owns 537 shares of the company’s stock valued at $56,000 after buying an additional 298 shares during the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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, CAO Amy Marie Rawlings sold 6,567 shares of Roblox stock in a transaction 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 completion of the transaction, the chief accounting officer owned 46,866 shares in the company, valued at approximately $5,516,596.86. The trade was a 12.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 366,876 shares of company stock worth $47,485,929 in the last quarter. Insiders own 12.92% of the company’s stock.

Roblox Price Performance

Roblox stock opened at $127.85 on Friday. The stock’s fifty day moving average price is $129.77 and its two-hundred day moving average price is $106.27. Roblox Corporation has a one year low of $41.50 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 $82.47 billion, a PE ratio of -89.41 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.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Needham & Company LLC raised their price objective on Roblox from $79.00 to $159.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Morgan Stanley set a $170.00 price objective on Roblox and gave the company an “overweight” rating in a research report on Monday, October 13th. Roth Capital reiterated a “neutral” rating and set a $146.00 target price on shares of Roblox in a research note on Friday, October 17th. Bank of America increased their target price on Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a research note on Monday, September 8th. Finally, BMO Capital Markets increased their target price on Roblox from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. Twenty research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $129.22.

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.