Baader Bank Aktiengesellschaft Has $2.68 Million Stake in 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 grew its stake in shares of Roblox Corporation (NYSE:RBLX - Free Report) by 27.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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.

Other institutional investors have also modified their holdings of the company. Gordian Capital Singapore Pte Ltd increased its holdings in shares of Roblox by 74.8% in the 4th quarter. Gordian Capital Singapore Pte Ltd now owns 561 shares of the company's stock valued at $32,000 after acquiring an additional 240 shares during the period. Larson Financial Group LLC increased its holdings in shares of Roblox by 819.0% in the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company's stock valued at $34,000 after acquiring an additional 516 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Roblox in the 1st quarter valued at $39,000. Headlands Technologies LLC acquired a new position in shares of Roblox in the 1st quarter valued at $57,000. Finally, TD Private Client Wealth LLC acquired a new position in shares of Roblox in the 1st quarter valued at $58,000. 94.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on RBLX. Wells Fargo & Company lifted their target price on shares of Roblox from $116.00 to $153.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Cowen reissued a "sell" rating on shares of Roblox in a research note on Monday, August 18th. Wolfe Research raised shares of Roblox from a "peer perform" rating to an "outperform" rating and set a $150.00 price objective on the stock in a research note on Friday, August 22nd. Wall Street Zen cut shares of Roblox from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Finally, Arete raised shares of Roblox from a "sell" rating to a "neutral" rating and set a $116.00 price objective on the stock in a research note on Tuesday, September 9th. Twenty analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $124.56.

Insider Buying and Selling

In related news, insider Arvind Chakravarthy sold 20,552 shares of the firm's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total transaction of $2,419,175.92. Following the transaction, the insider directly owned 242,469 shares in the company, 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 document filed with the SEC, which is available through this hyperlink. Also, CEO David Baszucki sold 192,617 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $105.13, for a total value of $20,249,825.21. Following the transaction, the chief executive officer owned 211,559 shares in the company, valued at $22,241,197.67. This trade represents a 47.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 822,938 shares of company stock worth $92,998,426 over the last ninety days. 12.92% of the stock is owned by insiders.

Roblox Trading Up 1.3%

RBLX traded up $1.72 on Monday, reaching $136.90. 2,664,237 shares of the company's stock were exchanged, compared to its average volume of 8,731,479. 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 twelve month low of $37.50 and a twelve month high of $150.59. The company's 50 day moving average is $125.89 and its 200-day moving average is $93.99. The company has a market cap of $88.30 billion, a price-to-earnings ratio of -95.81 and a beta of 1.62.

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 the consensus estimate of ($0.37) by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates 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 revenue was up 50.5% compared to the same quarter last year. During the same period last year, the business earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts predict that Roblox Corporation will post -1.49 earnings per share for the current 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.