Aspiriant LLC Buys Shares of 2,401 Roblox Corporation $RBLX

Key Points

• Aspiriant LLC purchased 2,401 shares of Roblox Corporation valued at approximately $253,000 in the second quarter, indicating increased institutional interest in the stock.
• Roblox reported earnings per share of ($0.41) for the last quarter, which missed analysts' expectations, despite a significant revenue increase of 50.5% year-over-year.
• Wall Street analysts have a generally positive outlook on Roblox, with many raising their price targets; the average rating is a "Moderate Buy" with an average price target of $129.22.

Aspiriant LLC bought a new stake in shares of Roblox Corporation (NYSE:RBLX - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,401 shares of the company's stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. ORG Partners LLC purchased a new position in Roblox during the second quarter valued at $33,000. Larson Financial Group LLC increased its holdings 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 acquiring an additional 516 shares in the last quarter. Generali Asset Management SPA SGR bought a new position in shares of Roblox during the second quarter valued at $40,000. Kiker Wealth Management LLC raised its position in shares of Roblox by 2,646.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 412 shares of the company's stock worth $43,000 after purchasing an additional 397 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in Roblox by 124.7% in the 2nd quarter. Fifth Third Bancorp now owns 537 shares of the company's stock worth $56,000 after purchasing an additional 298 shares in the last quarter. Hedge funds and other institutional investors own 94.46% of the company's stock.

Roblox Trading Down 1.2%

Shares of RBLX stock opened at $132.81 on Friday. 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 Corporation has a 12-month low of $39.30 and a 12-month high of $150.59. The stock has a market capitalization of $85.67 billion, a P/E ratio of -92.87 and a beta of 1.63. The firm's 50 day moving average is $129.30 and its 200 day moving average is $103.96.

Roblox (NYSE:RBLX - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing analysts' consensus estimates of ($0.37) by ($0.04). The company had revenue of $1.44 billion for 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%. Roblox's quarterly revenue was up 50.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that Roblox Corporation will post -1.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on RBLX. Wells Fargo & Company raised their price objective on shares of Roblox from $153.00 to $155.00 and gave the company an "overweight" rating in a research note on Friday, October 3rd. Canaccord Genuity Group increased their price target on shares of Roblox from $125.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Piper Sandler boosted their price objective on shares of Roblox to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, September 24th. Wolfe Research upgraded Roblox from a "peer perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a research note on Friday, August 22nd. Finally, Wall Street Zen raised Roblox from a "sell" rating to a "hold" rating in a report on Saturday. Twenty investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, Roblox has an average rating of "Moderate Buy" and an average price target of $129.22.

Insider Transactions at Roblox

In related news, Director Anthony P. Lee sold 111,112 shares of the firm'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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the company'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 transaction of $819,300.00. Following the sale, the insider directly owned 278,642 shares of the company's stock, valued at approximately $38,048,565.10. This represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 366,876 shares of company stock worth $47,485,929 in the last ninety days. Insiders own 12.92% of the company's stock.

Roblox 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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