3,894 Shares in Roblox Corporation $RBLX Bought by Yeomans Consulting Group Inc.

Key Points

• Yeomans Consulting Group Inc. bought 3,894 shares of Roblox Corporation (NYSE:RBLX) valued at approximately $392,000 during the second quarter.
• Roblox's stock has seen price target increases from various analysts, with Barclays raising it from $62 to $120 and Morgan Stanley increasing it from $76 to $170.
• The company reported a revenue of $1.44 billion for the last quarter, exceeding analyst expectations of $1.20 billion, despite a loss of $0.41 per share.

Yeomans Consulting Group Inc. purchased a new stake in Roblox Corporation (NYSE:RBLX - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,894 shares of the company's stock, valued at approximately $392,000.

A number of other institutional investors also recently bought and sold shares of RBLX. Vanguard Group Inc. raised its position in shares of Roblox by 8.3% during the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company's stock worth $3,359,854,000 after acquiring an additional 4,400,624 shares in the last quarter. Ieq Capital LLC increased its stake in Roblox by 13.8% in the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company's stock valued at $1,101,097,000 after purchasing an additional 2,297,350 shares during the last quarter. AQR Capital Management LLC raised its holdings in Roblox by 217.4% during the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company's stock worth $504,387,000 after purchasing an additional 6,007,322 shares in the last quarter. Amundi lifted its position in shares of Roblox by 55.5% during the 1st quarter. Amundi now owns 4,960,806 shares of the company's stock worth $288,818,000 after buying an additional 1,769,669 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company's stock valued at $189,840,000 after buying an additional 2,207,897 shares in the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on RBLX shares. Barclays boosted their price target on shares of Roblox from $62.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. Morgan Stanley boosted their target price on Roblox from $76.00 to $170.00 and gave the company an "overweight" rating in a report on Friday, August 1st. BTIG Research raised their price target on Roblox from $159.00 to $173.00 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. Wolfe Research upgraded Roblox from a "peer perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research note on Friday, August 22nd. Finally, Needham & Company LLC increased their price objective on Roblox from $79.00 to $159.00 and gave the company a "buy" rating in a report on Friday, August 1st. Twenty equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Roblox has an average rating of "Moderate Buy" and a consensus target price of $126.64.

Roblox Trading Down 0.5%

NYSE:RBLX opened at $133.44 on Friday. Roblox Corporation has a 12-month low of $37.50 and a 12-month high of $150.59. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94. The stock's 50 day simple moving average is $128.81 and its 200-day simple moving average is $98.39. The firm has a market cap of $86.07 billion, a P/E ratio of -93.31 and a beta of 1.63.

Roblox (NYSE:RBLX - Get Free Report) last issued 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). The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.Roblox's revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that Roblox Corporation will post -1.49 EPS for the current year.

Insiders Place Their Bets

In other Roblox news, CEO David Baszucki sold 875 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $126.72, for a total transaction of $110,880.00. Following the transaction, the chief executive officer owned 211,559 shares in the company, valued at approximately $26,808,756.48. The trade was a 0.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Arvind Chakravarthy sold 20,552 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the transaction, the insider directly owned 242,469 shares of the company's stock, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 366,876 shares of company stock valued at $47,386,869. Corporate insiders own 12.92% of the company's stock.

Roblox Company Profile

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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