V Square Quantitative Management LLC Decreases Stake in Roblox Corporation $RBLX

V Square Quantitative Management LLC reduced its stake in Roblox Corporation (NYSE:RBLX) by 36.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,347 shares of the company’s stock after selling 766 shares during the quarter. V Square Quantitative Management LLC’s holdings in Roblox were worth $142,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nuveen LLC purchased a new position in shares of Roblox in the 1st quarter valued at approximately $70,254,000. Fox Run Management L.L.C. increased its holdings in Roblox by 56.5% in the 1st quarter. Fox Run Management L.L.C. now owns 12,161 shares of the company’s stock worth $709,000 after buying an additional 4,390 shares during the period. Moody Lynn & Lieberson LLC acquired a new position in Roblox in the 2nd quarter worth approximately $2,779,000. Long Corridor Asset Management Ltd acquired a new position in Roblox in the 1st quarter worth approximately $4,372,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Roblox by 15.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,483 shares of the company’s stock worth $2,096,000 after buying an additional 4,760 shares during the period. 94.46% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Roblox

In related news, insider Arvind Chakravarthy sold 20,552 shares of Roblox stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total value of $2,419,175.92. Following the sale, the insider 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amy Marie Rawlings sold 6,567 shares of Roblox stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $773,001.57. Following the completion of the sale, the chief accounting officer directly owned 46,866 shares in the company, valued at $5,516,596.86. This represents a 12.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 366,876 shares of company stock worth $47,386,869 in the last ninety days. Company insiders own 12.92% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RBLX. Cowen reiterated a “sell” rating on shares of Roblox in a report on Monday, August 18th. Bank of America increased their price target on shares of Roblox from $159.00 to $171.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Benchmark increased their price target on shares of Roblox from $77.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Oppenheimer reiterated an “outperform” rating and issued a $125.00 price target (up previously from $80.00) on shares of Roblox in a report on Wednesday, June 18th. Finally, Morgan Stanley increased their price target on shares of Roblox from $76.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $126.64.

Roblox Price Performance

Shares of NYSE RBLX opened at $133.44 on Friday. The stock has a market capitalization of $86.07 billion, a price-to-earnings ratio of -93.31 and a beta of 1.63. Roblox Corporation has a 12 month low of $37.50 and a 12 month high of $150.59. The firm’s 50 day simple moving average is $128.81 and its 200-day simple moving average is $98.39. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97.

Roblox (NYSE:RBLX) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.04). The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.Roblox’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Roblox Corporation will post -1.49 EPS for the current year.

About Roblox

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.