State of New Jersey Common Pension Fund D Acquires 19,209 Shares of Roblox Corporation $RBLX

State of New Jersey Common Pension Fund D grew its stake in shares of Roblox Corporation (NYSE:RBLX) by 10.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 199,323 shares of the company’s stock after buying an additional 19,209 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Roblox were worth $27,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Roblox by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 59,153,925 shares of the company’s stock valued at $6,222,993,000 after acquiring an additional 1,513,608 shares during the last quarter. State Street Corp grew its position in shares of Roblox by 6.3% during the second quarter. State Street Corp now owns 12,043,269 shares of the company’s stock valued at $1,266,952,000 after purchasing an additional 708,838 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Roblox by 9.1% in the second quarter. Geode Capital Management LLC now owns 10,039,983 shares of the company’s stock worth $1,053,257,000 after buying an additional 834,230 shares in the last quarter. AQR Capital Management LLC boosted its stake in Roblox by 3.0% during the second quarter. AQR Capital Management LLC now owns 9,032,411 shares of the company’s stock valued at $948,222,000 after buying an additional 261,984 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Roblox by 9.9% during the second quarter. Franklin Resources Inc. now owns 6,344,645 shares of the company’s stock valued at $667,457,000 after buying an additional 570,018 shares during the last quarter. Institutional investors own 94.46% of the company’s stock.

Insider Activity at Roblox

In other Roblox news, insider Arvind Chakravarthy sold 40,646 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $67.23, for a total value of $2,732,630.58. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David Baszucki sold 272,269 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $72.66, for a total transaction of $19,783,065.54. Following the sale, the chief executive officer directly owned 811,373 shares of the company’s stock, valued at $58,954,362.18. This represents a 25.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 789,521 shares of company stock worth $61,989,659 over the last quarter. 12.92% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on RBLX. The Goldman Sachs Group decreased their price objective on Roblox from $180.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, February 6th. B. Riley Financial started coverage on shares of Roblox in a research report on Tuesday, December 9th. They set a “buy” rating and a $125.00 price objective for the company. Barclays reduced their target price on shares of Roblox from $130.00 to $115.00 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Freedom Capital upgraded shares of Roblox from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Finally, Roth Mkm upgraded Roblox from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $78.00 to $84.00 in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $119.44.

Key Headlines Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Roth Capital upgraded RBLX to a “Buy”, which can boost short-term sentiment and provide analyst support for a rebound. Roth Capital upgrades Roblox (RBLX) to buy
• Neutral Sentiment: Market write-ups and explainers contextualize the selloff (valuation, mixed earnings vs. estimates) but don’t add a new catalyst. Useful background for positioning. Why Roblox Corporation’s (RBLX) Stock Is Down 5.99%
• Negative Sentiment: Regulatory child-safety probes (Australia and testing of compliance) raise near-term legal, reputational and user-growth risks — this can pressure valuation and advertiser/partner confidence. Regulatory Child Safety Probes Put Roblox Valuation And Growth Under Question
• Negative Sentiment: Clustered insider selling: multiple executives (including CEO David Baszucki and other senior insiders) sold large blocks in early Feb., representing multi‑million-dollar disposals — investors often view concentrated insider sales as a negative signal. Roblox Insiders Sell US$45m Of Stock, Possibly Signalling Caution

Roblox Price Performance

RBLX stock opened at $63.09 on Monday. The stock has a market cap of $41.74 billion, a PE ratio of -40.70 and a beta of 1.63. Roblox Corporation has a 12 month low of $50.10 and a 12 month high of $150.59. The company has a 50-day moving average price of $78.57 and a 200 day moving average price of $105.89. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.65.

Roblox (NYSE:RBLX) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($0.45) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.49) by $0.04. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $2.08 billion. Roblox had a negative net margin of 21.78% and a negative return on equity of 304.42%. The firm’s quarterly revenue was up 122.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.33) earnings per share. Equities research analysts anticipate that Roblox Corporation will post -1.49 earnings per share for the current year.

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.