Liberty One Investment Management LLC Sells 1,905 Shares of Roblox Corporation $RBLX

Key Points

• Liberty One Investment Management LLC reduced its holdings in Roblox Corporation by 43.6%, selling 1,905 shares, leaving it with 2,468 shares valued at $260,000.
• Roblox reported a 50.5% increase in revenue year-over-year, totaling $1.44 billion, despite missing earnings estimates with a loss of ($0.41) per share.
• Institutional investors hold approximately 94.46% of Roblox's stock, with significant increases in holdings reported from firms such as AQR Capital Management LLC and Vanguard Group Inc.

Liberty One Investment Management LLC trimmed its holdings in shares of Roblox Corporation (NYSE:RBLX - Free Report) by 43.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,468 shares of the company's stock after selling 1,905 shares during the quarter. Liberty One Investment Management LLC's holdings in Roblox were worth $260,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. AQR Capital Management LLC increased its stake 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 acquiring an additional 6,007,322 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Roblox by 8.3% in the 1st quarter. Vanguard Group Inc. now owns 57,640,317 shares of the company's stock valued at $3,359,854,000 after purchasing an additional 4,400,624 shares during the last quarter. Ninety One UK Ltd purchased a new position in shares of Roblox in the 1st quarter worth approximately $137,379,000. Ieq Capital LLC increased its position in shares of Roblox by 13.8% during the 1st quarter. Ieq Capital LLC now owns 18,889,973 shares of the company's stock valued at $1,101,097,000 after purchasing an additional 2,297,350 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Roblox by 210.5% during 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 purchasing an additional 2,207,897 shares during the last quarter. Institutional investors own 94.46% of the company's stock.

Roblox Price Performance

Shares of RBLX stock opened at $133.18 on Wednesday. The company has a market capitalization of $85.91 billion, a P/E ratio of -93.13 and a beta of 1.63. The company's 50-day simple moving average is $129.46 and its two-hundred day simple moving average is $105.05. Roblox Corporation has a one year low of $40.57 and a one 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.

Roblox (NYSE:RBLX - Get Free Report) last announced its quarterly earnings data 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 the consensus estimate of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The firm's revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period last year, the company earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Roblox Corporation will post -1.49 EPS for the current year.

Insider Transactions at Roblox

In related news, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the completion of the sale, the insider directly owned 242,469 shares in the company, valued at $28,541,025.99. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Anthony P. Lee sold 111,112 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $131.01, for a total transaction of $14,556,783.12. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 366,876 shares of company stock worth $47,485,929. Corporate insiders own 12.92% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on RBLX. Weiss Ratings restated a "sell (d-)" rating on shares of Roblox in a research report on Wednesday, October 8th. Morgan Stanley set a $170.00 price objective on shares of Roblox and gave the company an "overweight" rating in a research report on Monday, October 13th. Bank of America boosted their price objective on shares of Roblox from $159.00 to $171.00 and gave the company a "buy" rating in a research report on Monday, September 8th. Citigroup boosted their price objective on shares of Roblox from $152.00 to $155.00 and gave the company a "buy" rating in a research report on Wednesday, October 8th. Finally, Piper Sandler boosted their price objective on shares of Roblox to $180.00 and gave the company an "overweight" rating in a research report on Wednesday, September 24th. Twenty analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $129.22.

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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