Focus Partners Advisor Solutions LLC Has $4.36 Million Stock Holdings in Roblox Corporation $RBLX

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in Roblox Corporation by 66.2%, holding a total of 41,417 shares worth approximately $4.36 million as of its latest SEC filing.
• Roblox Corporation reported a 50.5% increase in quarterly revenue year-over-year, totaling $1.44 billion, although it missed earnings expectations with a loss of ($0.41) EPS.
• Insider trading activity included CEO David Baszucki selling 875 shares at $126.72, decreasing his ownership stake, while insiders altogether sold 366,876 shares valued at approximately $47.5 million over the past three months.

Focus Partners Advisor Solutions LLC lifted its position in shares of Roblox Corporation (NYSE:RBLX - Free Report) by 66.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,417 shares of the company's stock after buying an additional 16,504 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Roblox were worth $4,357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its stake in Roblox by 8.3% in the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company's stock worth $3,359,854,000 after purchasing an additional 4,400,624 shares in the last quarter. Ieq Capital LLC boosted its stake in shares of Roblox by 13.8% in the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company's stock valued at $1,101,097,000 after buying an additional 2,297,350 shares during the period. AQR Capital Management LLC grew its position in Roblox by 217.4% during the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company's stock worth $504,387,000 after buying an additional 6,007,322 shares in the last quarter. Amundi increased its stake in Roblox by 55.5% during the 1st quarter. Amundi now owns 4,960,806 shares of the company's stock worth $288,818,000 after acquiring an additional 1,769,669 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its holdings in Roblox by 210.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company's stock valued at $189,840,000 after acquiring an additional 2,207,897 shares in the last quarter. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Arvind Chakravarthy sold 20,552 shares of Roblox 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 completion of the transaction, the insider 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David Baszucki sold 875 shares of the business'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 completion of the transaction, the chief executive officer owned 211,559 shares in the company, valued at approximately $26,808,756.48. The trade was a 0.41% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 366,876 shares of company stock valued at $47,485,929 over the last three months. Insiders own 12.92% of the company's stock.

Roblox Stock Performance

NYSE RBLX opened at $127.85 on Friday. The firm's fifty day moving average price is $129.77 and its two-hundred day moving average price is $106.66. The stock has a market cap of $82.47 billion, a PE ratio of -89.41 and a beta of 1.63. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. Roblox Corporation has a fifty-two week low of $41.50 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLX - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share (EPS) 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% compared to the same quarter last year. During the same quarter last year, the business earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts expect that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wedbush restated an "outperform" rating and issued a $165.00 price target on shares of Roblox in a research report on Thursday, September 4th. Canaccord Genuity Group raised their target price on shares of Roblox from $125.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Arete Research set a $116.00 price target on shares of Roblox in a report on Tuesday, September 9th. Needham & Company LLC lifted their price objective on shares of Roblox from $79.00 to $159.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, BTIG Research boosted their price objective on shares of Roblox from $173.00 to $180.00 and gave the company a "buy" rating in a research report on Thursday, October 16th. Twenty investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Roblox currently has an average rating of "Moderate Buy" and an average price target of $129.22.

About Roblox

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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