Roblox Corporation $RBLX Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in Roblox Corporation (NYSE:RBLX) by 847.1% in the 4th quarter, Holdings Channel reports. The fund owned 80,108 shares of the company’s stock after purchasing an additional 71,650 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Roblox were worth $6,491,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of RBLX. NewEdge Advisors LLC grew its position in Roblox by 2.3% in the first quarter. NewEdge Advisors LLC now owns 10,236 shares of the company’s stock valued at $597,000 after acquiring an additional 231 shares in the last quarter. Sivia Capital Partners LLC grew its position in Roblox by 70.2% in the second quarter. Sivia Capital Partners LLC now owns 13,000 shares of the company’s stock valued at $1,368,000 after acquiring an additional 5,363 shares in the last quarter. CW Advisors LLC acquired a new stake in Roblox in the second quarter valued at approximately $272,000. Baird Financial Group Inc. grew its position in Roblox by 1.4% in the second quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock valued at $767,000 after acquiring an additional 102 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in Roblox in the second quarter valued at approximately $438,000. Institutional investors and hedge funds own 94.46% of the company’s stock.

More Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: One recent bullish view argues Roblox is evolving into an AI-enabled entertainment platform, with creator tools helping boost content production and user engagement, which could support long-term bookings and monetization. Roblox: The Scarce Entertainment Asset In An AI-Abundant World
• Neutral Sentiment: Analysts and commentators also noted that Roblox remains a debated story, with some saying the investment case depends on assumptions that may be hard to prove near term. Roblox: Investment Case Relies On Unreliable Assumptions
• Negative Sentiment: CEO David Baszucki sold 50,628 shares, CFO Naveen K. Chopra sold 16,863 shares, and several other insiders also sold shares in filings dated May 20–21. While the company said these were largely to cover tax withholding from vesting awards, the cluster of sales can still weigh on sentiment.
• Negative Sentiment: Additional commentary flagged near-term growth headwinds from age verification and moderation-related changes, which have softened DAU, engagement, and bookings trends even as Roblox works on new kids’ accounts and broader 18+ monetization. Roblox: Reset Triggers Robust 18+ Cohort Monetization Opportunities

Insider Activity

In related news, insider Matthew D. Kaufman sold 14,356 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.27, for a total transaction of $649,896.12. Following the transaction, the insider directly owned 349,964 shares in the company, valued at $15,842,870.28. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Naveen K. Chopra sold 16,863 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total value of $763,556.64. Following the transaction, the chief financial officer owned 380,758 shares in the company, valued at $17,240,722.24. This trade represents a 4.24% 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. Insiders sold a total of 178,453 shares of company stock valued at $8,696,984 over the last three months. 10.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

RBLX has been the subject of several recent research reports. Benchmark reaffirmed a “hold” rating on shares of Roblox in a research report on Monday, February 2nd. Jefferies Financial Group downgraded shares of Roblox from a “hold” rating to a “hold” rating in a research report on Friday, May 1st. Raymond James Financial cut Roblox from an “outperform” rating to a “market perform” rating in a research note on Friday, May 1st. Canaccord Genuity Group reduced their target price on Roblox from $140.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Finally, Wedbush cut Roblox from a “hold” rating to a “neutral” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $87.07.

Roblox Stock Performance

Roblox stock opened at $48.23 on Friday. The stock has a market cap of $32.39 billion, a P/E ratio of -30.53 and a beta of 1.50. 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 stock has a 50 day moving average of $53.56 and a 200-day moving average of $71.53. Roblox Corporation has a 52 week low of $40.15 and a 52 week high of $150.59.

Roblox (NYSE:RBLX) last released its earnings results on Thursday, April 30th. The company reported ($0.35) EPS for the quarter, beating the consensus estimate of ($0.41) by $0.06. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations 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 was up 43.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.32) EPS. On average, analysts expect that Roblox Corporation will post -1.4 EPS for the current fiscal year.

Roblox declared that its Board of Directors has initiated a stock buyback program on Tuesday, May 19th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 9.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

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.