Baader Bank Aktiengesellschaft Buys 5,500 Shares of Roblox Corporation $RBLX

Key Points

• Baader Bank Aktiengesellschaft increased its holdings in Roblox Corporation by 27.5%, now owning 25,500 shares valued at approximately $2.68 million.
• Roblox experienced significant insider selling, with Director Anthony P. Lee selling 66,000 shares, representing a 19.34% decrease in his ownership.
• Vanguard Group significantly raised its position in Roblox by 8.3%, now holding over 57 million shares worth approximately $3.36 billion.

Baader Bank Aktiengesellschaft lifted its stake in Roblox Corporation (NYSE:RBLX - Free Report) by 27.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,500 shares of the company's stock after purchasing an additional 5,500 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in Roblox were worth $2,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Gordian Capital Singapore Pte Ltd boosted its holdings in shares of Roblox by 74.8% during the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 561 shares of the company's stock worth $32,000 after purchasing an additional 240 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Roblox by 819.0% during the first quarter. Larson Financial Group LLC now owns 579 shares of the company's stock worth $34,000 after purchasing an additional 516 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Roblox during the first quarter worth approximately $39,000. 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 purchasing an additional 310 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of Roblox during the first quarter worth approximately $57,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox Price Performance

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

Roblox (NYSE:RBLX - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate 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 return on equity of 372.96% and a negative net margin of 23.67%.The business's revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period 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, sell-side analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Analysts Set New Price Targets

RBLX has been the subject of several research reports. Cowen restated a "sell" rating on shares of Roblox in a report on Monday, August 18th. Raymond James Financial lowered shares of Roblox from a "strong-buy" rating to an "outperform" rating and raised their price objective for the company from $81.00 to $130.00 in a research report on Wednesday, July 23rd. Wedbush reaffirmed an "outperform" rating and set a $165.00 price objective on shares of Roblox in a research report on Thursday, September 4th. JPMorgan Chase & Co. raised their price objective on shares of Roblox from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Finally, BMO Capital Markets raised their price objective on shares of Roblox from $135.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $123.16.

Insider Activity

In other Roblox news, CEO David Baszucki sold 875 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $126.72, for a total transaction of $110,880.00. Following the completion of the sale, the chief executive officer directly owned 211,559 shares of the company's stock, valued at approximately $26,808,756.48. The trade was a 0.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Matthew D. Kaufman sold 6,000 shares of the business's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $134.20, for a total value of $805,200.00. Following the sale, the insider directly owned 275,015 shares of the company's stock, valued at $36,907,013. This represents a 2.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 822,938 shares of company stock worth $92,998,426. Corporate insiders own 12.92% of the company's stock.

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.