IFM Investors Pty Ltd Has $10.65 Million Holdings in Roblox Corporation $RBLX

Key Points

• IFM Investors Pty Ltd increased its stake in Roblox Corporation by 16.7%, now owning 101,271 shares worth approximately $10.65 million.
• Roblox reported a net loss of $0.41 per share for the last quarter, falling short of analyst estimates, even as its revenue surged by 50.5% year-over-year to $1.44 billion.
• Analysts have mixed opinions on Roblox, with ratings ranging from "sell" to "outperform," and an average price target of $123.16, indicating potential for growth.

IFM Investors Pty Ltd lifted its stake in Roblox Corporation (NYSE:RBLX - Free Report) by 16.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 101,271 shares of the company's stock after acquiring an additional 14,516 shares during the period. IFM Investors Pty Ltd's holdings in Roblox were worth $10,654,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in RBLX. Toronto Dominion Bank lifted its stake in shares of Roblox by 7.3% in the 4th quarter. Toronto Dominion Bank now owns 64,476 shares of the company's stock worth $3,731,000 after acquiring an additional 4,384 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Roblox by 7.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,084,605 shares of the company's stock valued at $120,615,000 after purchasing an additional 140,050 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new stake in Roblox during the fourth quarter worth approximately $278,000. Neo Ivy Capital Management bought a new stake in Roblox during the fourth quarter worth approximately $3,334,000. Finally, GF Fund Management CO. LTD. bought a new stake in Roblox during the fourth quarter worth approximately $4,322,000. 94.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Anthony P. Lee sold 66,000 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $122.74, for a total transaction of $8,100,840.00. Following the transaction, the director owned 275,248 shares in the company, valued at $33,783,939.52. This represents a 19.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Matthew D. Kaufman sold 6,000 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $134.20, for a total transaction of $805,200.00. Following the transaction, the insider owned 275,015 shares in the company, valued at approximately $36,907,013. This trade represents a 2.14% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 822,938 shares of company stock worth $92,998,426. Insiders own 12.92% of the company's stock.

Analyst Upgrades and Downgrades

RBLX has been the subject of a number of research reports. Wall Street Zen cut shares of Roblox from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Wolfe Research upgraded shares of Roblox from a "peer perform" rating to an "outperform" rating and set a $150.00 target price for the company in a report on Friday, August 22nd. Piper Sandler raised their target price on shares of Roblox from $105.00 to $138.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Bank of America raised their target price on shares of Roblox from $159.00 to $171.00 and gave the stock a "buy" rating in a report on Monday, September 8th. Finally, Benchmark raised their target price on shares of Roblox from $77.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Twenty equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $123.16.

Roblox Stock Down 0.2%

RBLX stock traded down $0.30 during midday trading on Friday, reaching $135.24. The company had a trading volume of 16,746,329 shares, compared to its average volume of 7,281,631. Roblox Corporation has a 1 year low of $37.50 and a 1 year high of $150.59. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 2.94. The company has a market capitalization of $87.23 billion, a P/E ratio of -94.57 and a beta of 1.62. The company has a 50 day moving average of $125.89 and a two-hundred day moving average of $93.74.

Roblox (NYSE:RBLX - Get Free Report) last released its earnings results 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). 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 during the quarter, compared to analysts' expectations of $1.20 billion. During the same quarter in the previous year, the company earned ($0.32) EPS. The firm'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, equities research analysts expect that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

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.