Roblox Corporation $RBLX Shares Purchased by Trajan Wealth LLC

Trajan Wealth LLC increased its position in shares of Roblox Corporation (NYSE:RBLX) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 360,220 shares of the company’s stock after acquiring an additional 11,326 shares during the period. Roblox makes up about 1.2% of Trajan Wealth LLC’s investment portfolio, making the stock its 21st largest position. Trajan Wealth LLC’s holdings in Roblox were worth $29,189,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of RBLX. NewEdge Advisors LLC grew its holdings in Roblox by 2.3% during the first quarter. NewEdge Advisors LLC now owns 10,236 shares of the company’s stock worth $597,000 after acquiring an additional 231 shares during the period. Sivia Capital Partners LLC grew its holdings in Roblox by 70.2% during the second quarter. Sivia Capital Partners LLC now owns 13,000 shares of the company’s stock worth $1,368,000 after acquiring an additional 5,363 shares during the period. CW Advisors LLC acquired a new position in Roblox during the second quarter worth about $272,000. Baird Financial Group Inc. grew its holdings in Roblox by 1.4% during the second quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after acquiring an additional 102 shares during the period. Finally, WINTON GROUP Ltd acquired a new position in Roblox during the second quarter worth about $438,000. 94.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RBLX has been the topic of a number of analyst reports. Wall Street Zen raised Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. BMO Capital Markets reissued an “outperform” rating on shares of Roblox in a research note on Friday, February 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Roblox in a research note on Friday, March 27th. Wells Fargo & Company dropped their price target on Roblox from $97.00 to $78.00 and set an “overweight” rating on the stock in a research note on Monday, April 6th. Finally, Bank of America cut Roblox from a “buy” rating to a “neutral” rating and set a $48.00 price target on the stock. in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $87.17.

Roblox Trading Up 3.2%

NYSE:RBLX opened at $45.87 on Thursday. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.89 and a quick ratio of 0.89. Roblox Corporation has a fifty-two week low of $40.15 and a fifty-two week high of $150.59. The stock’s 50-day moving average is $54.06 and its two-hundred day moving average is $72.16. The stock has a market cap of $30.81 billion, a PE ratio of -29.03 and a beta of 1.50.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.06. Roblox had a negative return on equity of 277.69% and a negative net margin of 20.69%.The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the previous year, the business posted ($0.32) EPS. The business’s revenue for the quarter was up 43.4% on a year-over-year basis. As a group, equities research analysts forecast that Roblox Corporation will post -1.4 earnings per share for the current fiscal year.

Roblox announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 19th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the company to repurchase up to 9.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other Roblox news, Director Gregory Baszucki sold 16,666 shares of Roblox stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $44.97, for a total transaction of $749,470.02. Following the transaction, the director owned 1,294,501 shares of the company’s stock, valued at $58,213,709.97. The trade was a 1.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Reinstra sold 18,653 shares of Roblox stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $57.94, for a total value of $1,080,754.82. Following the transaction, the insider directly owned 455,473 shares in the company, valued at approximately $26,390,105.62. This trade represents a 3.93% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 76,144 shares of company stock worth $4,235,769. Insiders own 10.05% of the company’s stock.

Roblox News Roundup

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Roblox announced its first-ever share repurchase authorization, a $3 billion buyback program that can cover up to about 9.5% of outstanding shares. Buybacks are often seen as a sign management believes the stock is undervalued, which has helped lift sentiment. RTT News buyback report
• Positive Sentiment: Analysts and traders viewed the repurchase plan as a possible offset to recent guidance worries, helping the stock rebound after earlier pressure tied to a softer bookings outlook. Yahoo Finance article
• Neutral Sentiment: Roblox is continuing to roll out new chat and engagement tools after age-check changes reduced access to some communication features. Management is trying to rebuild momentum, but the near-term impact on daily active users and bookings remains uncertain. Yahoo Finance article on safety-first strategy
• Negative Sentiment: Child-safety concerns remain a headwind, with Reuters reporting that advocacy groups have asked the U.S. FTC to investigate Roblox over its design and marketing practices. That adds regulatory risk and could weigh on the stock if scrutiny intensifies. Reuters article
• Negative Sentiment: Recent coverage also highlighted that Roblox’s tighter safety and age-check measures may be slowing user growth and clouding the bookings outlook, which has pressured investor confidence in the company’s near-term growth trajectory. Zacks article

About Roblox

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.