7,362 Shares in Roblox Corporation $RBLX Acquired by Callan Family Office LLC

by · The Cerbat Gem

Callan Family Office LLC bought a new position in Roblox Corporation (NYSE:RBLX – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,362 shares of the company’s stock, valued at approximately $774,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Roblox in the 2nd quarter worth approximately $147,000. Allegiance Financial Group Advisory Services LLC increased its position in Roblox by 1.9% in the 2nd quarter. Allegiance Financial Group Advisory Services LLC now owns 9,342 shares of the company’s stock worth $983,000 after buying an additional 175 shares during the period. Cornerstone Enterprises LLC bought a new position in Roblox in the 2nd quarter worth approximately $252,000. Maryland State Retirement & Pension System increased its position in Roblox by 11.6% in the 2nd quarter. Maryland State Retirement & Pension System now owns 27,387 shares of the company’s stock worth $2,881,000 after buying an additional 2,838 shares during the period. Finally, KLP Kapitalforvaltning AS increased its position in Roblox by 16.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 194,400 shares of the company’s stock worth $20,451,000 after buying an additional 28,100 shares during the period. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox Price Performance

Roblox stock opened at $128.42 on Tuesday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $82.84 billion, a P/E ratio of -89.80 and a beta of 1.63. The business’s fifty day moving average is $128.92 and its two-hundred day moving average is $102.19. Roblox Corporation has a 52 week low of $39.30 and a 52 week high of $150.59.

Roblox (NYSE:RBLX – Get Free Report) last posted 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 business had revenue of $1.44 billion during 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 prior year, the firm posted ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Roblox news, insider Arvind Chakravarthy sold 20,552 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $2,419,175.92. Following the transaction, the insider owned 242,469 shares of the company’s stock, valued at approximately $28,541,025.99. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amy Marie Rawlings sold 6,567 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $117.71, for a total value of $773,001.57. Following the completion of the transaction, the chief accounting officer directly owned 46,866 shares in the company, valued at approximately $5,516,596.86. This represents a 12.29% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 372,876 shares of company stock worth $48,196,989 in the last three months. Company insiders own 12.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wolfe Research raised Roblox from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Friday, August 22nd. Morgan Stanley set a $170.00 price target on Roblox and gave the stock an “overweight” rating in a research report on Monday. Raymond James Financial downgraded Roblox from a “strong-buy” rating to an “outperform” rating and lifted their price target for the stock from $81.00 to $130.00 in a research report on Wednesday, July 23rd. Citigroup lifted their price target on Roblox from $152.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Finally, Wedbush restated an “outperform” rating and set a $165.00 price objective on shares of Roblox in a research report on Thursday, September 4th. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $126.84.

Check Out Our Latest Report on Roblox

Roblox Profile

(Free Report)

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.

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