Aaron Wealth Advisors LLC Purchases Shares of 2,275 Roblox Corporation $RBLX

Key Points

• Aaron Wealth Advisors LLC has invested approximately $239,000 in Roblox Corporation, acquiring 2,275 shares in the second quarter.
• Institutional investors own 94.46% of Roblox's stock, with significant increases in holdings from firms such as Vanguard Group Inc. and AQR Capital Management in the previous quarter.
• Roblox's stock is currently rated as a "Moderate Buy" by analysts, with an average target price of $123.16 and recent earnings indicating a revenue increase of 50.5% year-over-year despite a negative net margin.

Aaron Wealth Advisors LLC acquired a new stake in Roblox Corporation (NYSE:RBLX - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 2,275 shares of the company's stock, valued at approximately $239,000.

A number of other institutional investors have also recently bought and sold shares of the business. Catalyst Private Wealth LLC bought a new stake in Roblox in the 2nd quarter valued at about $230,000. MassMutual Private Wealth & Trust FSB boosted its holdings in Roblox by 82.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 688 shares of the company's stock valued at $72,000 after purchasing an additional 310 shares during the period. OMNI 360 Wealth Inc. boosted its holdings in Roblox by 69.9% in the 2nd quarter. OMNI 360 Wealth Inc. now owns 8,059 shares of the company's stock valued at $848,000 after purchasing an additional 3,315 shares during the period. RDA Financial Network bought a new stake in Roblox in the 2nd quarter valued at about $327,000. Finally, AG2R LA Mondiale Gestion D Actifs bought a new stake in Roblox in the 1st quarter valued at about $1,088,000. Institutional investors own 94.46% of the company's stock.

Roblox Price Performance

NYSE:RBLX traded down $0.30 on Friday, hitting $135.24. The company had a trading volume of 16,746,329 shares, compared to its average volume of 7,281,631. The stock has a market capitalization of $87.23 billion, a price-to-earnings ratio of -94.57 and a beta of 1.62. 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 firm has a 50 day moving average of $125.89 and a two-hundred day moving average of $93.74. Roblox Corporation has a 52 week low of $37.50 and a 52 week high of $150.59.

Roblox (NYSE:RBLX - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The company 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%. Roblox's revenue for the quarter was up 50.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, 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 company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $131.01, for a total value of $14,556,783.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 completion of the transaction, the insider 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. Insiders sold a total of 822,938 shares of company stock valued at $92,998,426 in the last quarter. Insiders own 12.92% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Roblox from $116.00 to $153.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Wolfe Research raised shares of Roblox from a "peer perform" rating to an "outperform" rating and set a $150.00 price target for the company in a report on Friday, August 22nd. Arete Research set a $116.00 price target on shares of Roblox in a report on Tuesday, September 9th. Wall Street Zen downgraded shares of Roblox from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $125.00 price target (up previously from $80.00) on shares of Roblox in a report on Wednesday, June 18th. Twenty equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $123.16.

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.