Banco Bilbao Vizcaya Argentaria S.A. Sells 21,124 Shares of Roblox Corporation $RBLX

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. sold 21,124 shares of Roblox Corporation, reducing its stake by 16.1%, now holding 110,265 shares worth approximately $6.44 million.
• Roblox reported a quarterly revenue of $1.44 billion, significantly up 50.5% year-over-year, but missed earnings expectations with $(0.41) earnings per share.
• Institutional investors collectively own 94.46% of Roblox's stock, with several hedge funds increasing their stakes notably in the last quarter.

Banco Bilbao Vizcaya Argentaria S.A. decreased its stake in Roblox Corporation (NYSE:RBLX - Free Report) by 16.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 110,265 shares of the company's stock after selling 21,124 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Roblox were worth $6,443,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd lifted its stake in Roblox by 74.8% in the 4th quarter. Gordian Capital Singapore Pte Ltd now owns 561 shares of the company's stock valued at $32,000 after purchasing an additional 240 shares during the last quarter. Larson Financial Group LLC lifted 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 purchasing an additional 516 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Roblox in the 1st quarter valued at approximately $39,000. Colonial Trust Co SC bought a new position in Roblox in the 4th quarter valued at approximately $41,000. Finally, Headlands Technologies LLC bought a new position in Roblox in the 1st quarter valued at approximately $57,000. Institutional investors own 94.46% of the company's stock.

Roblox Trading Up 0.4%

RBLX opened at $118.7950 on Thursday. Roblox Corporation has a twelve month low of $37.50 and a twelve month high of $150.59. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The company has a fifty day moving average of $114.44 and a 200-day moving average of $83.82. The stock has a market cap of $76.63 billion, a PE ratio of -83.07 and a beta of 1.63.

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

Insider Activity at Roblox

In other Roblox news, Director Anthony P. Lee sold 66,000 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $129.37, for a total value of $8,538,420.00. Following the transaction, the director directly owned 279,868 shares of the company's stock, valued at approximately $36,206,523.16. This trade represents a 19.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrea L. Wong sold 5,770 shares of the firm's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $130.40, for a total transaction of $752,408.00. Following the completion of the transaction, the director directly owned 41,891 shares in the company, valued at $5,462,586.40. This trade represents a 12.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,957,928 shares of company stock valued at $479,701,008. Company insiders own 12.92% of the company's stock.

Analyst Upgrades and Downgrades

RBLX has been the subject of several research reports. Cowen reissued a "sell" rating on shares of Roblox in a research note on Monday. Wells Fargo & Company upped their price target on shares of Roblox from $116.00 to $153.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. upped their price target on shares of Roblox from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Benchmark upped their price target on shares of Roblox from $77.00 to $150.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Citigroup upped their price target on shares of Roblox from $123.00 to $152.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Nineteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $117.59.

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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