Midwest Trust Co Buys 38,324 Shares of Roblox Corporation $RBLX

Midwest Trust Co raised its stake in shares of Roblox Corporation (NYSE:RBLX) by 1,038.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,016 shares of the company’s stock after acquiring an additional 38,324 shares during the period. Midwest Trust Co’s holdings in Roblox were worth $2,376,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of RBLX. Cypress Wealth Services LLC purchased a new stake in Roblox in the 4th quarter valued at about $2,373,000. Yarbrough Capital LLC boosted its stake in shares of Roblox by 1,514.5% in the 4th quarter. Yarbrough Capital LLC now owns 57,331 shares of the company’s stock worth $4,646,000 after buying an additional 53,780 shares during the last quarter. Glynn Capital Management LLC purchased a new position in shares of Roblox in the 4th quarter worth approximately $5,706,000. Steadview Capital Management LLC bought a new position in shares of Roblox in the fourth quarter valued at approximately $12,884,000. Finally, Norges Bank bought a new position in shares of Roblox in the fourth quarter valued at approximately $435,424,000. 94.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on RBLX shares. The Goldman Sachs Group dropped their price target on Roblox from $125.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Bank of America downgraded Roblox from a “buy” rating to a “neutral” rating and set a $48.00 price objective for the company. in a research note on Friday, May 1st. Seaport Research Partners lowered Roblox to a “neutral” rating in a research report on Monday, June 29th. Oppenheimer assumed coverage on Roblox in a research note on Friday, May 1st. They set an “outperform” rating on the stock. Finally, Arete Research set a $95.00 price target on shares of Roblox and gave the stock a “buy” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $85.48.

Roblox Price Performance

Roblox stock opened at $55.10 on Tuesday. Roblox Corporation has a 12 month low of $40.15 and a 12 month high of $150.59. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.45. The business’s 50 day simple moving average is $47.62 and its 200 day simple moving average is $59.67. The company has a market cap of $37.01 billion, a price-to-earnings ratio of -34.87 and a beta of 1.41.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.74 billion. Roblox had a negative return on equity of 277.69% and a negative net margin of 20.69%.The business’s revenue for the quarter was up 43.4% on a year-over-year basis. During the same period last year, the business posted ($0.32) earnings per share. Sell-side analysts forecast that Roblox Corporation will post -1.39 EPS for the current year.

Roblox announced that its board has initiated a stock repurchase plan on Tuesday, May 19th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 9.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Trending Headlines about Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Investors are also betting on Roblox’s upcoming late-July earnings report, with recent commentary pointing to expectations around bookings and user trends, plus continued interest in the company’s growth story and share repurchase program. Article Title
• Positive Sentiment: Earlier analyst optimism and buyback support may be helping sentiment, as Roblox previously authorized a $3 billion repurchase program and received a recent Buy upgrade. Article Title
• Neutral Sentiment: Multiple law firms are reminding investors about an August 7 lead-plaintiff deadline in an existing class action tied to Roblox shares purchased between October 30, 2025 and April 30, 2026. Article Title
• Neutral Sentiment: Additional firms continue promoting the same shareholder lawsuit and encouraging investors to seek counsel, underscoring legal overhang rather than a new operational development. Article Title
• Negative Sentiment: Grant & Eisenhofer filed a class action alleging Roblox and certain executives made misleading statements and failed to disclose material information, adding to litigation risk for the stock. Article Title
• Negative Sentiment: Hagens Berman is investigating claims that Roblox’s age-check rollout created undisclosed friction for user growth and engagement, reinforcing concerns that safety changes may have hurt platform momentum. Article Title

Insider Activity

In related news, insider Matthew D. Kaufman sold 14,356 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $45.27, for a total value of $649,896.12. Following the sale, the insider directly owned 349,964 shares in the company, valued at approximately $15,842,870.28. The trade was a 3.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO David Baszucki sold 50,628 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the sale, the chief executive officer directly owned 852,214 shares in the company, valued at approximately $38,588,249.92. This trade represents a 5.61% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 161,983 shares of company stock worth $7,580,990. 10.05% of the stock is owned by company insiders.

Roblox Company 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.