Wealthfront Advisers LLC Reduces Stake in Roblox Corporation $RBLX

Wealthfront Advisers LLC lessened its holdings in Roblox Corporation (NYSE:RBLX) by 41.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,553 shares of the company’s stock after selling 20,214 shares during the quarter. Wealthfront Advisers LLC’s holdings in Roblox were worth $1,615,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of RBLX. D.A. Davidson & CO. increased its stake in shares of Roblox by 11.2% in the first quarter. D.A. Davidson & CO. now owns 30,311 shares of the company’s stock worth $1,714,000 after acquiring an additional 3,049 shares during the period. Illinois Municipal Retirement Fund lifted its position in Roblox by 27.0% during the first quarter. Illinois Municipal Retirement Fund now owns 54,439 shares of the company’s stock valued at $3,079,000 after purchasing an additional 11,576 shares during the period. MASTERINVEST Kapitalanlage GmbH acquired a new position in Roblox during the first quarter valued at $405,000. Bleakley Financial Group LLC boosted its holdings in Roblox by 31.0% in the first quarter. Bleakley Financial Group LLC now owns 22,577 shares of the company’s stock valued at $1,277,000 after purchasing an additional 5,347 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Roblox by 94.6% in the first quarter. Principal Financial Group Inc. now owns 27,777 shares of the company’s stock valued at $1,571,000 after purchasing an additional 13,502 shares during the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO David Baszucki sold 50,628 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the transaction, the chief executive officer directly owned 852,214 shares in the company, valued at $38,588,249.92. The trade was a 5.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Matthew D. Kaufman sold 14,356 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $45.27, for a total value of $649,896.12. Following the completion of the sale, the insider owned 349,964 shares of the company’s stock, valued at $15,842,870.28. This trade represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 161,983 shares of company stock worth $7,580,990 in the last 90 days. Corporate insiders own 10.05% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. BTIG Research downgraded Roblox from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. Piper Sandler cut Roblox from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $100.00 to $50.00 in a report on Monday, May 4th. Bank of America downgraded Roblox from a “buy” rating to a “neutral” rating and set a $48.00 target price on the stock. in a research note on Friday, May 1st. Oppenheimer started coverage on Roblox in a report on Friday, May 1st. They set an “outperform” rating on the stock. Finally, Wolfe Research assumed coverage on Roblox in a research report on Friday, May 1st. They set an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Roblox presently has a consensus rating of “Moderate Buy” and an average price target of $85.48.

More Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Investors are bidding up Roblox ahead of its July 30 second-quarter earnings release, with traders positioning for a potentially strong update on summer engagement and user growth. Roblox gains as investors look ahead to earnings and recent platform updates
• Positive Sentiment: Recent product changes, including the rollout of Roblox Kids and Roblox Select accounts, may be improving sentiment by showing the company is tightening safety controls while expanding its age-based offerings. Roblox gains as investors look ahead to earnings and recent platform updates
• Neutral Sentiment: Analyst commentary remains constructive, with recent coverage describing Roblox as favorably positioned versus Take-Two thanks to user growth, creator incentives, and AI capabilities. Roblox vs. Take-Two: Which Gaming Stock Has the Edge Now?
• Negative Sentiment: Multiple law firms are advertising securities class-action claims and lead-plaintiff deadlines tied to Roblox’s stock performance during the October 2025 to April 2026 period, which could weigh on sentiment and keep legal risk in focus. RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit with the Schall Law Firm
• Negative Sentiment: Fresh litigation notices from Rosen Law Firm, Hagens Berman, and Bronstein, Gewirtz & Grossman extend the legal overhang and may remind investors of potential costs and distraction for management. HBSS Investigating Claims Against Roblox (RBLX) In Pending Securities Class Action

Roblox Price Performance

Roblox stock opened at $53.31 on Tuesday. Roblox Corporation has a 52-week low of $40.15 and a 52-week high of $150.59. The firm has a market capitalization of $35.80 billion, a price-to-earnings ratio of -33.74 and a beta of 1.41. The company has a fifty day simple moving average of $48.72 and a 200-day simple moving average of $58.70. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.45.

Roblox (NYSE:RBLX) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.41) by $0.06. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.74 billion. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The company’s revenue for the quarter was up 43.4% on a year-over-year basis. During the same period last year, the firm posted ($0.32) earnings per share. On average, equities analysts anticipate that Roblox Corporation will post -1.39 EPS for the current fiscal year.

Roblox announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 19th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 9.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its shares are undervalued.

Roblox Company Profile

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.