ASR Vermogensbeheer N.V. Has $5.41 Million Stock Holdings in Roblox Corporation $RBLX

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Roblox Corporation by 54.4%, holding shares worth $5.41 million as of the latest SEC report.
• Roblox reported a quarterly revenue of $1.44 billion, significantly surpassing analyst estimates, although it posted a loss of ($0.41) earnings per share.
• Analysts have varied price targets for Roblox, with estimates ranging from $77 to $171, reflecting a broad consensus of a "Moderate Buy" rating.

ASR Vermogensbeheer N.V. boosted its position in Roblox Corporation (NYSE:RBLX - Free Report) by 54.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,425 shares of the company's stock after acquiring an additional 18,114 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Roblox were worth $5,409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in shares of Roblox during the 2nd quarter worth $33,000. Fifth Third Bancorp grew its position in Roblox by 124.7% in the second quarter. Fifth Third Bancorp now owns 537 shares of the company's stock valued at $56,000 after acquiring an additional 298 shares during the last quarter. Larson Financial Group LLC raised its stake in Roblox by 819.0% during the first quarter. Larson Financial Group LLC now owns 579 shares of the company's stock worth $34,000 after acquiring an additional 516 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Roblox during the first quarter worth about $39,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Roblox by 82.0% in 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 institutional investors.

Roblox Stock Performance

Shares of RBLX stock opened at $122.91 on Friday. The firm has a market capitalization of $79.28 billion, a PE ratio of -85.95 and a beta of 1.63. The firm has a fifty day simple moving average of $128.89 and a two-hundred day simple moving average of $98.85. 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 $37.50 and a 12 month high of $150.59.

Roblox (NYSE:RBLX - Get Free Report) last released its quarterly earnings data 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 business 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%. The firm's quarterly revenue was up 50.5% on a year-over-year basis. During the same period last year, the business posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts forecast that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Cowen reiterated a "sell" rating on shares of Roblox in a research report on Monday, August 18th. Benchmark upped their price target on shares of Roblox from $77.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Citigroup increased their price target on Roblox from $123.00 to $152.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. BMO Capital Markets boosted their price objective on Roblox from $150.00 to $160.00 and gave the stock an "outperform" rating in a research report on Thursday. Finally, Bank of America upped their target price on Roblox from $159.00 to $171.00 and gave the stock a "buy" rating in a report on Monday, September 8th. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Roblox presently has an average rating of "Moderate Buy" and a consensus price target of $126.72.

Insider Buying and Selling at Roblox

In other news, insider Arvind Chakravarthy sold 20,552 shares of the firm's 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 owned 242,469 shares in the company, valued at $28,541,025.99. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anthony P. Lee sold 111,112 shares of the company's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $131.01, for a total value of $14,556,783.12. The disclosure for this sale can be found here. Insiders sold a total of 366,876 shares of company stock worth $47,386,869 in the last quarter. 12.92% of the stock is owned by insiders.

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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