BFI Infinity Ltd. Takes Position in Roblox Corporation $RBLX

Key Points

• BFI Infinity Ltd. has acquired 33,955 shares of Roblox Corporation valued at approximately $3,572,000, making Roblox its 9th largest position.
• Roblox reported a revenue of $1.44 billion for the last quarter, significantly exceeding analyst expectations of $1.20 billion.
• Several research firms have increased their price targets for Roblox, with BTIG Research raising it from $159.00 to $173.00, while JPMorgan Chase & Co. increased theirs from $150.00 to $160.00.

BFI Infinity Ltd. acquired a new position 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 33,955 shares of the company's stock, valued at approximately $3,572,000. Roblox accounts for about 3.0% of BFI Infinity Ltd.'s holdings, making the stock its 9th largest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its holdings in Roblox by 21.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 801 shares of the company's stock worth $84,000 after buying an additional 141 shares during the period. Independent Wealth Network Inc. boosted its holdings in Roblox by 3.9% in the 2nd quarter. Independent Wealth Network Inc. now owns 3,885 shares of the company's stock worth $409,000 after buying an additional 146 shares during the period. SBI Securities Co. Ltd. boosted its holdings in Roblox by 1.2% in the 1st quarter. SBI Securities Co. Ltd. now owns 13,295 shares of the company's stock worth $775,000 after buying an additional 163 shares during the period. UMB Bank n.a. boosted its holdings in Roblox by 27.5% in the 2nd quarter. UMB Bank n.a. now owns 817 shares of the company's stock worth $86,000 after buying an additional 176 shares during the period. Finally, Commerce Bank boosted its holdings in Roblox by 2.7% in the 1st quarter. Commerce Bank now owns 7,257 shares of the company's stock worth $423,000 after buying an additional 191 shares during the period. 94.46% of the stock is owned by institutional investors.

Roblox Stock Performance

NYSE RBLX opened at $141.61 on Tuesday. Roblox Corporation has a 1 year low of $37.50 and a 1 year high of $150.59. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $91.34 billion, a PE ratio of -99.03 and a beta of 1.62. The company's 50 day simple moving average is $127.81 and its two-hundred day simple moving average is $97.32.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on RBLX. BTIG Research raised their price objective on shares of Roblox from $159.00 to $173.00 and gave the stock a "buy" rating in a report on Tuesday, September 9th. JPMorgan Chase & Co. raised their price objective on shares of Roblox from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Monday, September 22nd. Cowen reaffirmed a "sell" rating on shares of Roblox in a report on Monday, August 18th. Benchmark raised their price objective on shares of Roblox from $77.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Raymond James Financial cut shares of Roblox from a "strong-buy" rating to an "outperform" rating and increased their target price for the stock from $81.00 to $130.00 in a research note on Wednesday, July 23rd. Twenty equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $126.24.

Insider Activity

In other news, CEO David Baszucki sold 875 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $126.72, for a total transaction of $110,880.00. Following the sale, the chief executive officer owned 211,559 shares in the company, valued at approximately $26,808,756.48. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Arvind Chakravarthy sold 20,552 shares of the firm's 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 sale, 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. In the last 90 days, insiders have sold 306,876 shares of company stock worth $39,004,569. Corporate insiders own 12.92% of the company's stock.

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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