5,192 Shares in Roblox Corporation $RBLX Acquired by Lecap Asset Management Ltd.

Key Points

• Lecap Asset Management Ltd. acquired 5,192 shares of Roblox Corporation in Q2, valued at approximately $546,000.
• Roblox's stock has received multiple analyst upgrades, with price targets ranging from $125.00 to $180.00, indicating strong investor confidence.
• Despite a revenue increase of 50.5% year-over-year, Roblox reported a negative EPS of ($0.41), missing estimates by $0.04.

Lecap Asset Management Ltd. acquired a new stake in Roblox Corporation (NYSE:RBLX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,192 shares of the company's stock, valued at approximately $546,000.

A number of other institutional investors also recently bought and sold shares of RBLX. ORG Partners LLC acquired a new stake in Roblox in the second quarter valued at $33,000. Fifth Third Bancorp boosted its position in shares of Roblox by 124.7% in the 2nd quarter. Fifth Third Bancorp now owns 537 shares of the company's stock worth $56,000 after buying an additional 298 shares in the last quarter. Larson Financial Group LLC grew its stake in Roblox by 819.0% in the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company's stock valued at $34,000 after acquiring an additional 516 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Roblox during the 1st quarter valued at about $39,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in Roblox by 82.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 688 shares of the company's stock worth $72,000 after acquiring an additional 310 shares during the last quarter. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Oppenheimer reiterated an "outperform" rating and issued a $125.00 price target (up from $80.00) on shares of Roblox in a research report on Wednesday, June 18th. Citigroup increased their target price on Roblox from $123.00 to $152.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. BTIG Research raised their price target on Roblox from $159.00 to $173.00 and gave the stock a "buy" rating in a research report on Tuesday, September 9th. Piper Sandler upped their price objective on Roblox to $180.00 and gave the company an "overweight" rating in a research report on Wednesday, September 24th. Finally, Benchmark increased their price objective on Roblox from $77.00 to $150.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Roblox has a consensus rating of "Moderate Buy" and a consensus price target of $126.64.

Roblox Stock Performance

Roblox stock opened at $133.44 on Friday. The stock has a fifty day moving average price of $128.81 and a 200 day moving average price of $98.39. Roblox Corporation has a 52 week low of $37.50 and a 52 week high of $150.59. The firm has a market capitalization of $86.07 billion, a P/E ratio of -93.31 and a beta of 1.63. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94.

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

Insider Activity at Roblox

In other Roblox news, Director Anthony P. Lee sold 111,112 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $131.01, for a total transaction of $14,556,783.12. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction 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 completion of the transaction, the insider owned 242,469 shares in the company, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 366,876 shares of company stock worth $47,386,869. 12.92% of the stock is currently owned by company 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.

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