Simon Quick Advisors LLC Buys 521 Shares of Roblox Corporation $RBLX

Simon Quick Advisors LLC raised its position in shares of Roblox Corporation (NYSE:RBLX) by 9.0% in the 2nd quarter, Holdings Channel reports. The firm owned 6,304 shares of the company’s stock after acquiring an additional 521 shares during the period. Simon Quick Advisors LLC’s holdings in Roblox were worth $663,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Roblox during the first quarter valued at approximately $70,254,000. Fox Run Management L.L.C. raised its position in Roblox by 56.5% during the first quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock valued at $709,000 after purchasing an additional 4,390 shares in the last quarter. Moody Lynn & Lieberson LLC acquired a new position in Roblox during the second quarter valued at approximately $2,779,000. Teacher Retirement System of Texas raised its position in Roblox by 14.5% during the second quarter. Teacher Retirement System of Texas now owns 81,314 shares of the company’s stock valued at $8,554,000 after purchasing an additional 10,325 shares in the last quarter. Finally, Long Corridor Asset Management Ltd acquired a new position in Roblox during the first quarter valued at approximately $4,372,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox Stock Performance

NYSE RBLX opened at $113.35 on Friday. The company has a market capitalization of $73.12 billion, a price-to-earnings ratio of -79.27 and a beta of 1.63. Roblox Corporation has a twelve month low of $47.95 and a twelve month high of $150.59. The stock has a fifty day simple moving average of $130.41 and a 200 day simple moving average of $109.00. 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 data on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.64 billion. Roblox had a negative return on equity of 344.75% and a negative net margin of 21.70%.Roblox’s quarterly revenue was up 70.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.37) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that Roblox Corporation will post -1.49 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on RBLX shares. Wall Street Zen upgraded shares of Roblox from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Barclays upped their price target on shares of Roblox from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday. Jefferies Financial Group upped their price target on shares of Roblox from $126.00 to $130.00 and gave the stock a “hold” rating in a report on Tuesday, October 14th. Citigroup upped their price target on shares of Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Benchmark restated a “hold” rating on shares of Roblox in a report on Friday. Twenty-one analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $130.68.

Insiders Place Their Bets

In related news, CAO Amy Marie Rawlings sold 6,567 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $773,001.57. Following the completion of the sale, the chief accounting officer directly owned 46,866 shares in the company, valued at $5,516,596.86. This represents a 12.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $135.02, for a total value of $810,120.00. Following the completion of the sale, the insider owned 272,642 shares of the company’s stock, valued at $36,812,122.84. The trade was a 2.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 255,764 shares of company stock valued at $32,929,145 over the last ninety days. 12.92% of the stock is currently owned by corporate insiders.

Roblox 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.