Sender Co & Partners Inc. Makes New $506,000 Investment in Roblox Corporation $RBLX

Key Points

• Sender Co & Partners Inc. has acquired 8,687 shares of Roblox Corporation, valued at approximately $506,000, indicating strong institutional interest.
• Roblox's CEO recently sold 875 shares for a total value of $110,880, leading to a decrease in insider ownership to 211,559 shares.
• Despite a miss on earnings per share expectations, Roblox reported a 50.5% increase in revenue compared to the same quarter last year, reaching $1.44 billion.

Sender Co & Partners Inc. purchased a new position in Roblox Corporation (NYSE:RBLX - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 8,687 shares of the company's stock, valued at approximately $506,000.

Several other large investors also recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in shares of Roblox by 217.4% during the first quarter. AQR Capital Management LLC now owns 8,770,427 shares of the company's stock valued at $504,387,000 after acquiring an additional 6,007,322 shares in the last quarter. Vanguard Group Inc. lifted its stake 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 worth $3,359,854,000 after acquiring an additional 4,400,624 shares in the last quarter. Ninety One UK Ltd purchased a new position in Roblox in the first quarter valued at about $137,379,000. Whale Rock Capital Management LLC grew its stake in Roblox by 95.8% during the 4th quarter. Whale Rock Capital Management LLC now owns 4,755,213 shares of the company's stock valued at $275,137,000 after purchasing an additional 2,326,588 shares in the last quarter. Finally, Ieq Capital LLC increased its holdings in 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 purchasing an additional 2,297,350 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company's stock.

Insider Activity

In related news, CEO David Baszucki sold 454,963 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $100.61, for a total transaction of $45,773,827.43. Following the completion of the transaction, the chief executive officer owned 211,559 shares in the company, valued at $21,284,950.99. The trade was a 68.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Anthony P. Lee sold 111,112 shares of the company's stock in a transaction 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. Over the last ninety days, insiders sold 1,993,861 shares of company stock valued at $210,622,673. 12.92% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Piper Sandler increased their target price on Roblox from $105.00 to $138.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Raymond James Financial cut shares of Roblox from a "strong-buy" rating to an "outperform" rating and upped their price target for the company from $81.00 to $130.00 in a report on Wednesday, July 23rd. Barclays raised their price objective on shares of Roblox from $62.00 to $120.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. JPMorgan Chase & Co. boosted their target price on shares of Roblox from $120.00 to $125.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Finally, Cowen restated a "sell" rating on shares of Roblox in a research note on Monday, August 18th. Twenty equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $123.16.

Roblox Stock Up 0.8%

Shares of NYSE:RBLX traded up $1.09 on Wednesday, reaching $132.88. 4,694,253 shares of the company's stock were exchanged, compared to its average volume of 8,910,283. The business's 50-day moving average is $121.09 and its two-hundred day moving average is $89.67. 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 fifty-two week low of $37.50 and a fifty-two week high of $150.59.

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 analysts' consensus estimates of ($0.37) by ($0.04). The business 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%. Roblox's quarterly revenue was up 50.5% on a year-over-year basis. During the same period in the prior 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 predict that Roblox Corporation will post -1.49 earnings per share for the current fiscal 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.