Vanguard Personalized Indexing Management LLC Purchases 10,138 Shares of Roblox Corporation $RBLX

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Roblox Corporation by 27.6%, purchasing an additional 10,138 shares, bringing its total to 46,804 shares valued at approximately $4.92 million.
• Roblox's quarterly revenue grew by 50.5% year-over-year, reaching $1.44 billion, although the company reported a loss of ($0.41) earnings per share, missing analyst expectations.
• Several institutional investors significantly increased their holdings in Roblox, with approximately 94.46% of stock now owned by institutional investors, reflecting strong confidence in the company's future potential.

Vanguard Personalized Indexing Management LLC raised its position in shares of Roblox Corporation (NYSE:RBLX - Free Report) by 27.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,804 shares of the company's stock after purchasing an additional 10,138 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Roblox were worth $4,924,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of RBLX. AQR Capital Management LLC grew its holdings in 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 purchasing an additional 6,007,322 shares during the period. Vanguard Group Inc. boosted its holdings 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 during the period. Ninety One UK Ltd bought a new position 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% in the first quarter. Ieq Capital LLC now owns 18,889,973 shares of the company's stock worth $1,101,097,000 after acquiring an additional 2,297,350 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Roblox by 210.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,256,815 shares of the company's stock worth $189,840,000 after acquiring an additional 2,207,897 shares during the period. 94.46% of the stock is owned by institutional investors.

Roblox Trading Up 1.3%

Shares of RBLX stock opened at $128.42 on Tuesday. 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 52-week low of $39.30 and a 52-week high of $150.59. The company has a market capitalization of $82.84 billion, a PE ratio of -89.80 and a beta of 1.63. The business's fifty day moving average is $128.92 and its 200 day moving average is $102.19.

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 analysts' consensus estimates of ($0.37) by ($0.04). Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The business had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same quarter last year, the business posted ($0.32) EPS. The company's quarterly revenue was up 50.5% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Roblox Corporation will post -1.49 EPS for the current fiscal year.

Insider Activity

In other Roblox news, Director Anthony P. Lee sold 66,000 shares of Roblox stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $136.33, for a total transaction of $8,997,780.00. Following the completion of the sale, the director owned 270,628 shares of the company's stock, valued at $36,894,715.24. The trade was a 19.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the sale, the insider directly owned 242,469 shares of the company's stock, valued at approximately $28,541,025.99. This trade represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 372,876 shares of company stock valued at $48,196,989. 12.92% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on RBLX. Citigroup raised their price target on Roblox from $152.00 to $155.00 and gave the stock a "buy" rating in a report on Wednesday, October 8th. Wells Fargo & Company raised their price target on Roblox from $153.00 to $155.00 and gave the stock an "overweight" rating in a report on Friday, October 3rd. Arete Research set a $116.00 price target on Roblox in a report on Tuesday, September 9th. Barclays raised their price target on Roblox from $62.00 to $120.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Finally, Wedbush reaffirmed an "outperform" rating and issued 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 three have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $126.84.

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.

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