Edgestream Partners L.P. Has $1.47 Million Stake in Roblox Corporation $RBLX

Edgestream Partners L.P. lowered its stake in shares of Roblox Corporation (NYSE:RBLX) by 74.4% during the first quarter, Holdings Channel.com reports. The institutional investor owned 25,980 shares of the company’s stock after selling 75,383 shares during the quarter. Edgestream Partners L.P.’s holdings in Roblox were worth $1,469,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Sunbelt Securities Inc. increased its stake in shares of Roblox by 58.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after acquiring an additional 105 shares during the last quarter. Horizon Investments LLC raised its position in shares of Roblox by 2,636.4% in the 3rd quarter. Horizon Investments LLC now owns 301 shares of the company’s stock valued at $42,000 after acquiring an additional 290 shares during the period. Reyes Financial Architecture Inc. boosted its stake in Roblox by 164.4% during the 4th quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock worth $25,000 after acquiring an additional 194 shares during the last quarter. Fideuram Asset Management Ireland dac bought a new position in Roblox during the 4th quarter worth approximately $27,000. Finally, GW&K Investment Management LLC boosted its stake in Roblox by 76.3% during the 4th quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock worth $30,000 after acquiring an additional 161 shares during the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox News Roundup

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Citigroup lowered its Roblox price target from $70 to $60 but maintained a Buy rating, implying substantial upside from recent levels. Benzinga analyst update
• Positive Sentiment: B. Riley also retained a Buy rating, despite cutting its target from $80 to $45. The revised target still indicates potential upside and may reassure investors who view the selloff as excessive. Benzinga analyst update
• Positive Sentiment: Roblox’s latest quarterly results exceeded analysts’ expectations on adjusted loss per share, although revenue fell short of consensus. Revenue still grew 8.3% year over year, offering some evidence of continued platform expansion.
• Neutral Sentiment: Coverage is examining Roblox’s reliance on international revenue. Geographic diversification could support long-term growth, but exposure to foreign markets also creates currency and regional operating risks. Zacks international markets analysis
• Negative Sentiment: Barclays cut its target from $60 to $47 and kept an Equal Weight rating. TD Cowen lowered its target to $40, while Wedbush shifted to Neutral. The reductions signal weaker near-term confidence even where analysts still see valuation support. Ticker Report analyst update
• Negative Sentiment: Multiple law firms reiterated deadlines for investors to seek lead-plaintiff status in securities-fraud litigation covering purchases made during portions of 2024–2026. The notices do not establish wrongdoing, but they add legal and reputational overhang. PR Newswire securities lawsuit notice
• Negative Sentiment: Commentary argues that Roblox’s recommendation-algorithm changes favor long-term retention over viral, highly monetized experiences. Investors are concerned this could reduce engagement or monetization in the near term, contributing to the stock’s recent weakness. TheStreet algorithm analysis

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Piper Sandler reaffirmed a “neutral” rating and issued a $47.00 target price (down from $50.00) on shares of Roblox in a research note on Friday. Bank of America lowered shares of Roblox from a “buy” rating to a “neutral” rating and set a $48.00 target price on the stock. in a report on Friday, May 1st. Moffett Nathanson reissued a “neutral” rating and set a $40.00 price target on shares of Roblox in a research report on Monday. Seaport Research Partners lowered shares of Roblox to a “neutral” rating in a report on Monday, June 29th. Finally, Raymond James Financial assumed coverage on shares of Roblox in a research report on Monday, June 29th. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Roblox has an average rating of “Hold” and an average price target of $62.04.

Roblox Trading Up 3.1%

NYSE:RBLX opened at $36.71 on Tuesday. The company has a debt-to-equity ratio of 7.82, a current ratio of 0.82 and a quick ratio of 0.82. The business’s 50-day simple moving average is $49.05 and its 200-day simple moving average is $56.46. Roblox Corporation has a fifty-two week low of $33.88 and a fifty-two week high of $142.00. The stock has a market capitalization of $24.59 billion, a PE ratio of -25.67 and a beta of 1.46.

Roblox (NYSE:RBLX) last posted its earnings results on Thursday, July 30th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.08. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Roblox had a negative return on equity of 292.85% and a negative net margin of 17.60%.Roblox’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.41) EPS. Sell-side analysts expect that Roblox Corporation will post -1.4 earnings per share for the current fiscal year.

Roblox declared that its board has initiated a share buyback program on Tuesday, May 19th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the company to reacquire up to 9.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Roblox

In other news, insider Mark Reinstra sold 17,275 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $45.28, for a total value of $782,212.00. Following the completion of the transaction, the insider owned 438,198 shares in the company, valued at $19,841,605.44. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO David Baszucki sold 50,628 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 852,214 shares of the company’s stock, valued at $38,588,249.92. This represents a 5.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 145,317 shares of company stock valued at $6,831,520. 10.05% of the stock is currently owned by insiders.

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.