Mn Services Vermogensbeheer B.V. Makes New $21.05 Million Investment in Roblox Corporation $RBLX

Key Points

• Mn Services Vermogensbeheer B.V. acquired 200,100 shares of Roblox Corporation for approximately $21 million, marking a new position for the firm in the second quarter.
• Roblox reported a net loss of ($0.41) EPS for the last quarter, missing analyst estimates, yet achieved revenue of $1.44 billion, surpassing expectations.
• Institutional investors own 94.46% of Roblox's stock, with various hedge funds increasing their stakes significantly in recent months.

Mn Services Vermogensbeheer B.V. acquired a new stake in shares of Roblox Corporation (NYSE:RBLX - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 200,100 shares of the company's stock, valued at approximately $21,051,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RBLX. Gordian Capital Singapore Pte Ltd raised its position in shares of Roblox by 74.8% during the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 561 shares of the company's stock valued at $32,000 after buying an additional 240 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Roblox by 819.0% during 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. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Roblox during the first quarter valued at approximately $39,000. Headlands Technologies LLC bought a new stake in shares of Roblox during the first quarter valued at approximately $57,000. Finally, TD Private Client Wealth LLC bought a new stake in shares of Roblox during the first quarter valued at approximately $58,000. Institutional investors own 94.46% of the company's stock.

Roblox Trading Up 1.3%

Shares of NYSE:RBLX traded up $1.70 on Monday, hitting $136.88. 6,620,503 shares of the company's stock were exchanged, compared to its average volume of 7,736,943. Roblox Corporation has a 12 month low of $37.50 and a 12 month high of $150.59. The stock has a market capitalization of $88.29 billion, a price-to-earnings ratio of -95.72 and a beta of 1.62. The business's 50 day simple moving average is $126.39 and its two-hundred day simple moving average is $94.55. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97.

Roblox (NYSE:RBLX - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.20 billion. Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The business's revenue was up 50.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on RBLX shares. Arete Research set a $116.00 target price on shares of Roblox in a report on Tuesday, September 9th. Piper Sandler lifted their price objective on shares of Roblox from $105.00 to $138.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Citigroup lifted their price objective on shares of Roblox from $123.00 to $152.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their target price on Roblox from $150.00 to $160.00 and gave the stock an "overweight" rating in a research report on Monday. Finally, Needham & Company LLC lifted their target price on Roblox from $79.00 to $159.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $124.56.

Insider Transactions at Roblox

In related news, CEO David Baszucki sold 875 shares of Roblox stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $126.72, for a total value of $110,880.00. Following the completion of the sale, the chief executive officer directly owned 211,559 shares in the company, valued at $26,808,756.48. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $122.74, for a total value of $8,100,840.00. Following the completion of the sale, the director owned 275,248 shares of the company's stock, valued at $33,783,939.52. The trade was a 19.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 828,938 shares of company stock valued at $93,817,726 over the last three months. 12.92% of the stock is currently owned by corporate insiders.

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.