2,102 Shares in Roblox Corporation $RBLX Purchased by Quotient Wealth Partners LLC

Key Points

• Quotient Wealth Partners LLC has acquired 2,102 shares of Roblox Corporation (NYSE:RBLX) valued at approximately $221,000 in the second quarter.
• Roblox reported a quarterly revenue of $1.44 billion, surpassing estimates, despite a loss of ($0.41) EPS which missed the consensus estimate.
• Institutional investors own 94.46% of Roblox's shares, signaling strong interest from financial institutions in the company's stock.

Quotient Wealth Partners LLC purchased a new stake in shares of Roblox Corporation (NYSE:RBLX - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,102 shares of the company's stock, valued at approximately $221,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Yousif Capital Management LLC lifted its holdings in shares of Roblox by 1.9% in the second quarter. Yousif Capital Management LLC now owns 6,925 shares of the company's stock valued at $729,000 after purchasing an additional 127 shares in the last quarter. Farther Finance Advisors LLC raised its position in Roblox by 21.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 801 shares of the company's stock valued at $84,000 after buying an additional 141 shares during the last quarter. Independent Wealth Network Inc. raised its position in Roblox by 3.9% in the 2nd quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company's stock valued at $409,000 after buying an additional 146 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in Roblox by 1.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 13,295 shares of the company's stock valued at $775,000 after acquiring an additional 163 shares in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC boosted its holdings in Roblox by 1.9% during the 2nd quarter. Allegiance Financial Group Advisory Services LLC now owns 9,342 shares of the company's stock worth $983,000 after acquiring an additional 175 shares during the last quarter. 94.46% of the stock is owned by institutional investors.

Roblox Stock Performance

Shares of RBLX opened at $132.81 on Monday. Roblox Corporation has a 1 year low of $39.30 and a 1 year high of $150.59. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The stock's fifty day moving average price is $129.30 and its two-hundred day moving average price is $104.28. The firm has a market cap of $85.67 billion, a PE ratio of -92.87 and a beta of 1.63.

Roblox (NYSE:RBLX - Get Free Report) last posted its quarterly earnings results 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). Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the company posted ($0.32) EPS. The firm's revenue was up 50.5% compared to the same quarter last year. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that Roblox Corporation will post -1.49 EPS for the current year.

Insider Buying and Selling at Roblox

In other news, insider Matthew D. Kaufman sold 6,000 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $136.55, for a total value of $819,300.00. Following the sale, the insider owned 278,642 shares of the company's stock, valued at $38,048,565.10. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Arvind Chakravarthy sold 20,552 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $2,419,175.92. Following the sale, the insider owned 242,469 shares in the company, valued at $28,541,025.99. The trade was a 7.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 366,876 shares of company stock worth $47,485,929 over the last three months. Company insiders own 12.92% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on RBLX shares. Cowen reiterated a "sell" rating on shares of Roblox in a report on Monday, August 18th. Piper Sandler upped their price objective on shares of Roblox to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 24th. JPMorgan Chase & Co. lifted their target price on shares of Roblox from $150.00 to $160.00 and gave the stock an "overweight" rating in a research report on Monday, September 22nd. Weiss Ratings restated a "sell (d-)" rating on shares of Roblox in a research note on Wednesday, October 8th. Finally, Bank of America increased their price target on Roblox from $159.00 to $171.00 and gave the company a "buy" rating in a research report on Monday, September 8th. Twenty equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $129.22.

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.

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