Roblox Corporation $RBLX Shares Purchased by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS Asset Management increased its stake in Roblox Corporation, acquiring a total of 2,171,597 shares, now representing 0.34% of the company, valued at approximately $126.58 million.
• Roblox's consensus rating from investment analysts is "Moderate Buy," with a target price of $123.16, amidst recent mixed ratings from different research firms.
• In the last three months, company insiders sold 1,993,861 shares of Roblox stock, equating to a total value of $210.62 million.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Roblox Corporation (NYSE:RBLX - Free Report) by 4.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,171,597 shares of the company's stock after acquiring an additional 86,992 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.34% of Roblox worth $126,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd boosted its holdings in Roblox by 74.8% in the fourth 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 last quarter. Larson Financial Group LLC boosted its holdings in Roblox by 819.0% in the first 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 last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Roblox during the first quarter worth about $39,000. Headlands Technologies LLC acquired a new position in shares of Roblox during the first quarter worth about $57,000. Finally, TD Private Client Wealth LLC acquired a new position in shares of Roblox during the first quarter worth about $58,000. Institutional investors and hedge funds own 94.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on RBLX shares. Wall Street Zen cut Roblox from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Wells Fargo & Company boosted their price objective on Roblox from $116.00 to $153.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Wolfe Research upgraded 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. Barclays boosted their price objective on Roblox from $62.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Finally, BMO Capital Markets boosted their price objective on Roblox from $135.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Roblox has a consensus rating of "Moderate Buy" and a consensus target price of $123.16.

Roblox Stock Up 0.3%

Shares of Roblox stock opened at $133.42 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The firm has a market cap of $86.06 billion, a P/E ratio of -93.30 and a beta of 1.62. Roblox Corporation has a fifty-two week low of $37.50 and a fifty-two week high of $150.59. The business has a 50-day moving average price of $122.89 and a 200 day moving average price of $90.98.

Roblox (NYSE:RBLX - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The company 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 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 posted ($0.32) earnings per share. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO David Baszucki sold 454,963 shares of the stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $100.61, for a total value of $45,773,827.43. Following the completion of the transaction, the chief executive officer directly owned 211,559 shares of the company's stock, valued at $21,284,950.99. This represents a 68.26% decrease in their position. The sale was disclosed in a 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 that occurred on Friday, August 1st. The stock was sold at an average price of $131.01, for a total value of $14,556,783.12. The disclosure for this sale can be found here. Insiders sold 1,993,861 shares of company stock valued at $210,622,673 in the last three months. 12.92% of the stock is currently owned by corporate insiders.

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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