Roblox Corporation $RBLX Shares Purchased by Arizona State Retirement System

Arizona State Retirement System raised its holdings in Roblox Corporation (NYSE:RBLX) by 5.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 165,532 shares of the company’s stock after purchasing an additional 9,029 shares during the quarter. Arizona State Retirement System’s holdings in Roblox were worth $22,929,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Impact Partnership Wealth LLC lifted its holdings in shares of Roblox by 22.7% in the 3rd quarter. Impact Partnership Wealth LLC now owns 2,798 shares of the company’s stock valued at $388,000 after buying an additional 518 shares during the period. Foundations Investment Advisors LLC purchased a new position in Roblox in the third quarter worth $687,000. LRI Investments LLC lifted its holdings in Roblox by 411.3% in the third quarter. LRI Investments LLC now owns 1,181 shares of the company’s stock valued at $164,000 after acquiring an additional 950 shares during the period. Great Lakes Advisors LLC lifted its holdings in Roblox by 3.0% in the third quarter. Great Lakes Advisors LLC now owns 57,321 shares of the company’s stock valued at $7,940,000 after acquiring an additional 1,691 shares during the period. Finally, New York State Common Retirement Fund boosted its position in shares of Roblox by 1.5% during the 3rd quarter. New York State Common Retirement Fund now owns 308,845 shares of the company’s stock worth $42,781,000 after purchasing an additional 4,500 shares in the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: JPMorgan flagged that Roblox’s recent stabilization in engagement trends is “encouraging,” which could support revenue visibility if usage holds steady and monetization improves. JPMorgan: Stabilization Encouraging
• Neutral Sentiment: Upcoming earnings are a near‑term catalyst: analysts expect a year‑over‑year decline in EPS and the company is due to report, so results and guidance could swing sentiment. Monitor bookings, engagement metrics and margin commentary. Analysts Expect Earnings Decline
• Neutral Sentiment: Debt and valuation context: the company carries leverage and a negative trailing P/E; some investors view recent pullbacks as a buying opportunity if engagement and monetization signals improve. Coverage pieces are debating attractiveness after the pullback. Is Roblox Still Attractive?
• Negative Sentiment: Google’s new Project Genie, which aims to let users create fully rendered 3D worlds and controllable characters, rattled gaming and creator-platform stocks today and put downward pressure on Roblox shares as investors reassess competitive risk. Google’s Project Genie Hammers Gaming Stocks
• Negative Sentiment: The Netherlands’ consumer regulator (ACM) opened a probe into Roblox over potential risks to minors and exposure to harmful content in the EU; regulatory investigations raise the prospect of fines, imposed compliance costs, or feature restrictions that could hit engagement and monetization. Dutch regulator to probe Roblox
• Negative Sentiment: Wedbush trimmed its price target from $165 to $110 (while keeping an outperform rating), a reduction that can weaken sentiment and reprice expectations even though the new target still implies upside from current levels. Wedbush Lowers Price Target

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Wall Street Zen upgraded shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. JPMorgan Chase & Co. cut Roblox from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $145.00 to $100.00 in a report on Friday, December 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Roblox in a report on Monday, December 29th. The Goldman Sachs Group upgraded Roblox from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $155.00 to $180.00 in a research report on Friday, October 31st. Finally, Jefferies Financial Group set a $85.00 price target on Roblox in a research report on Thursday, January 15th. Seventeen analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Roblox currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.65.

Insider Activity

In other Roblox news, insider Arvind Chakravarthy sold 20,912 shares of Roblox stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $95.23, for a total value of $1,991,449.76. Following the completion of the sale, the insider owned 181,043 shares in the company, valued at $17,240,724.89. The trade was a 10.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO David Baszucki sold 66,896 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $104.53, for a total transaction of $6,992,638.88. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 504,300 shares of company stock valued at $46,290,436 in the last three months. Company insiders own 12.92% of the company’s stock.

Roblox Trading Down 13.5%

Roblox stock opened at $65.53 on Friday. The stock has a 50-day moving average price of $83.98 and a 200 day moving average price of $109.83. Roblox Corporation has a 52 week low of $50.10 and a 52 week high of $150.59. The stock has a market cap of $42.91 billion, a PE ratio of -45.83 and a beta of 1.64. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.54.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, October 30th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.44) by $0.07. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the company earned ($0.37) EPS. Roblox’s revenue for the quarter was up 70.3% on a year-over-year basis. Equities research analysts predict that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Roblox Profile

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.