Cwm LLC Has $21.69 Million Stock Holdings in Roblox Corporation $RBLX

Key Points

• Cwm LLC has increased its stake in Roblox Corporation by 28.3%, now holding 206,209 shares worth approximately $21.69 million as of its recent SEC filing.
• Roblox reported a quarterly revenue of $1.44 billion, significantly exceeding estimates, despite posting a loss of ($0.41) earnings per share.
• The stock has seen significant institutional interest, with 94.46% of shares owned by institutional investors, and numerous analysts issuing a consensus rating of "Moderate Buy" for the stock.

Cwm LLC increased its stake in shares of Roblox Corporation (NYSE:RBLX - Free Report) by 28.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 206,209 shares of the company's stock after acquiring an additional 45,496 shares during the period. Cwm LLC's holdings in Roblox were worth $21,693,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC acquired a new position in shares of Roblox during the 2nd quarter worth about $33,000. Fifth Third Bancorp increased its holdings in shares of 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 purchasing an additional 298 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Roblox by 819.0% during the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company's stock worth $34,000 after buying an additional 516 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Roblox by 82.0% during 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 period. Finally, Farther Finance Advisors LLC grew its holdings in Roblox by 21.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 801 shares of the company's stock valued at $84,000 after buying an additional 141 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company's stock.

Roblox Price Performance

Shares of NYSE RBLX opened at $126.77 on Monday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. The firm's 50-day simple moving average is $128.96 and its 200 day simple moving average is $101.70. The stock has a market cap of $81.77 billion, a price-to-earnings ratio of -88.65 and a beta of 1.63. Roblox Corporation has a fifty-two week low of $39.30 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLX - Get Free Report) last announced its quarterly 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). Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the company posted ($0.32) EPS. 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. As a group, research analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

RBLX has been the topic of a number of recent research reports. Raymond James Financial lowered Roblox from a "strong-buy" rating to an "outperform" rating and raised their price objective for the stock from $81.00 to $130.00 in a research note on Wednesday, July 23rd. Benchmark lifted their price target on shares of Roblox from $77.00 to $150.00 and gave the company a "buy" rating in a report on Friday, August 1st. Barclays raised their target price on shares of Roblox from $62.00 to $120.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. Arete upgraded Roblox from a "sell" rating to a "neutral" rating and set a $116.00 price target on the stock in a report on Tuesday, September 9th. Finally, Wells Fargo & Company lifted their price target on shares of Roblox from $153.00 to $155.00 and gave the stock an "overweight" rating in a report on Friday, October 3rd. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $126.84.

Insider Buying and Selling

In related news, insider Arvind Chakravarthy sold 20,552 shares of the firm's stock in a transaction dated 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 transaction, the insider directly owned 242,469 shares of the company's stock, 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 at this link. Also, Director Anthony P. Lee sold 66,000 shares of the company's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the completion of the sale, the director directly owned 270,628 shares of the company's stock, valued at $36,894,715.24. The trade was a 19.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 372,876 shares of company stock valued at $48,196,989 over the last 90 days. 12.92% of the stock is currently owned by company insiders.

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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