Roblox Corporation $RBLX Shares Sold by First Trust Advisors LP

First Trust Advisors LP trimmed its position in shares of Roblox Corporation (NYSE:RBLX) by 20.3% in the first quarter, HoldingsChannel reports. The firm owned 1,658,189 shares of the company’s stock after selling 423,295 shares during the period. First Trust Advisors LP’s holdings in Roblox were worth $93,787,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Cypress Wealth Services LLC acquired a new stake in Roblox in the 4th quarter valued at about $2,373,000. Yarbrough Capital LLC grew its stake in shares of Roblox by 1,514.5% in the 4th quarter. Yarbrough Capital LLC now owns 57,331 shares of the company’s stock worth $4,646,000 after purchasing an additional 53,780 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Roblox by 379.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 921,424 shares of the company’s stock worth $53,102,000 after purchasing an additional 729,379 shares in the last quarter. Glynn Capital Management LLC bought a new stake in Roblox during the fourth quarter worth approximately $5,706,000. Finally, Engineers Gate Manager LP boosted its holdings in Roblox by 97.0% during the fourth quarter. Engineers Gate Manager LP now owns 293,744 shares of the company’s stock worth $23,802,000 after buying an additional 144,600 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Insider Activity

In related news, insider Mark Reinstra sold 4,512 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $57.34, for a total value of $258,718.08. Following the transaction, the insider owned 422,248 shares in the company, valued at approximately $24,211,700.32. This represents a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gregory Baszucki sold 16,666 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $57.69, for a total transaction of $961,461.54. Following the completion of the sale, the director directly owned 1,277,835 shares of the company’s stock, valued at $73,718,301.15. This represents a 1.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 161,983 shares of company stock valued at $7,580,990. 10.05% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on RBLX shares. Oppenheimer began coverage on Roblox in a research report on Friday, May 1st. They set an “outperform” rating for the company. Cantor Fitzgerald began coverage on Roblox in a research note on Monday, June 29th. They issued an “overweight” rating on the stock. TD Cowen upgraded Roblox from a “sell” rating to a “hold” rating and cut their price objective for the stock from $54.00 to $49.00 in a report on Friday, May 1st. Citigroup reaffirmed a “buy” rating on shares of Roblox in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company boosted their price target on shares of Roblox from $55.00 to $56.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $85.85.

Roblox Stock Down 0.1%

Roblox stock opened at $47.51 on Friday. Roblox Corporation has a twelve month low of $40.15 and a twelve month high of $150.59. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market cap of $31.91 billion, a PE ratio of -30.07 and a beta of 1.41. The firm’s 50 day moving average price is $49.27 and its two-hundred day moving average price is $57.97.

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

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

Key Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Wedbush reaffirmed its Outperform rating on Roblox and kept a $65 price target, implying meaningful upside from current levels. Benzinga report on Wedbush rating reaffirmation
• Neutral Sentiment: Roblox remains scheduled to report earnings soon, keeping investors focused on user-growth trends, monetization, and management commentary around platform engagement. Roblox to Release Earnings on Thursday
• Neutral Sentiment: Several law firms issued updated notices about an existing securities class action, including expanded class-period reminders and approaching lead-plaintiff deadlines. These headlines add legal overhang, but they are largely procedural unless new allegations materially change the case. Roblox Deadline: RBLX Investors with Losses in Excess of $100K Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit
• Negative Sentiment: Wedbush trimmed fiscal 2026 estimates, citing near-term user-growth pressure tied to age-verification friction that may be limiting platform access and slowing engagement. Roblox estimates trimmed by Wedbush ahead of second quarter results

About Roblox

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.