Moody Lynn & Lieberson LLC Makes New $2.78 Million Investment in Roblox Corporation $RBLX

Key Points

• Moody Lynn & Lieberson LLC invested approximately $2.78 million in Roblox Corporation by purchasing 26,415 shares during the second quarter.
• Several major institutional investors, including AQR Capital Management and Vanguard Group, have significantly increased their holdings in Roblox, with institutional ownership now at 94.46%.
• Roblox's stock price target estimates have surged, with analysts from various firms setting targets between $150 and $180, reflecting a positive outlook for the company's growth.

Moody Lynn & Lieberson LLC purchased a new position in Roblox Corporation (NYSE:RBLX - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 26,415 shares of the company's stock, valued at approximately $2,779,000.

Several other large investors also recently made changes to their positions in the stock. AQR Capital Management LLC lifted its holdings in Roblox by 217.4% in the 1st quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company's stock worth $504,387,000 after purchasing an additional 6,007,322 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Roblox by 8.3% in the first 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 period. Ninety One UK Ltd acquired a new stake in shares of Roblox in the first quarter worth $137,379,000. Ieq Capital LLC boosted its holdings 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 worth $1,101,097,000 after buying an additional 2,297,350 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its stake 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 buying an additional 2,207,897 shares during the last quarter. Institutional investors own 94.46% of the company's stock.

Insider Buying and Selling at Roblox

In other news, insider Matthew D. Kaufman sold 6,000 shares of the firm's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $118.51, for a total transaction of $711,060.00. Following the completion of the transaction, the insider directly owned 307,223 shares of the company's stock, valued at approximately $36,408,997.73. This trade represents a 1.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Anthony P. Lee sold 111,112 shares of Roblox stock in a transaction dated Friday, August 1st. The shares were 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 90 days, insiders have sold 372,876 shares of company stock worth $45,861,309. Corporate insiders own 12.92% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Piper Sandler boosted their target price on shares of Roblox to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday. Morgan Stanley lifted their price objective on Roblox from $76.00 to $170.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. BMO Capital Markets increased their target price on Roblox from $135.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Canaccord Genuity Group lifted their price target on Roblox from $125.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, Wedbush reiterated an "outperform" rating and set a $165.00 price target on shares of Roblox in a report on Thursday, September 4th. Twenty research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Roblox currently has an average rating of "Moderate Buy" and a consensus price target of $126.24.

Roblox Trading Up 2.3%

Roblox stock opened at $135.11 on Monday. The business has a 50 day moving average price of $127.47 and a two-hundred day moving average price of $96.73. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. Roblox Corporation has a 12 month low of $37.50 and a 12 month high of $150.59. The stock has a market cap of $87.15 billion, a price-to-earnings ratio of -94.48 and a beta of 1.62.

Roblox (NYSE:RBLX - Get Free Report) last released 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 firm had revenue of $1.44 billion for 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 business's revenue for the quarter was up 50.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that Roblox Corporation will post -1.49 EPS for the current year.

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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