Exchange Traded Concepts LLC Has $37.05 Million Stock Holdings in Roblox Corporation $RBLX

Exchange Traded Concepts LLC decreased its position in shares of Roblox Corporation (NYSE:RBLX) by 9.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 267,449 shares of the company’s stock after selling 29,026 shares during the period. Exchange Traded Concepts LLC’s holdings in Roblox were worth $37,047,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RBLX. Total Investment Management Inc. acquired a new position in shares of Roblox in the second quarter valued at about $29,000. ORG Partners LLC bought a new position in shares of Roblox during the second quarter worth approximately $33,000. Whipplewood Advisors LLC acquired a new stake in shares of Roblox in the second quarter valued at approximately $34,000. Generali Asset Management SPA SGR acquired a new stake in shares of Roblox in the second quarter valued at approximately $40,000. Finally, Kiker Wealth Management LLC boosted its stake in shares of Roblox by 2,646.7% in the second quarter. Kiker Wealth Management LLC now owns 412 shares of the company’s stock valued at $43,000 after buying an additional 397 shares during the period. Institutional investors own 94.46% of the company’s stock.

More Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Brand partnership that can boost engagement — e.l.f. Beauty launched “Glow Up!” on Roblox, a branded virtual makeup game aimed at older teens that could drive user engagement, time spent and branded revenue opportunities. e.l.f. Beauty Launches Glow Up!
• Positive Sentiment: Analyst/long‑term bullish thesis remains — a published analysis argues RBLX is a buy based on solid user and revenue growth and accelerating cash flow, supporting a longer‑term growth narrative despite valuation and regulatory risks. Roblox: Russia Says No, Disney Says No, I Say Yes
• Neutral Sentiment: Short‑term price moves noted by market outlets — recent Zacks pieces highlight the stock’s daily declines, reflecting current market sentiment and volatility rather than new fundamental changes. Roblox (RBLX) Stock Declines While Market Improves
• Negative Sentiment: Shareholder litigation/SEC‑style investigation announced — Robbins Geller Rudman & Dowd said it is investigating potential securities law violations involving Roblox, which raises litigation risk and can pressure the stock until resolved. RBLX ALERT: Investigation Launched into Roblox
• Negative Sentiment: Insider selling disclosed — CEO David Baszucki sold ~66,896 shares (~$5.7M) in a reported Form 4 filing; insider sales can be perceived negatively by investors even if done for diversification or tax reasons. SEC Form 4 — Baszucki Sale
• Negative Sentiment: Regulatory/geopolitical hit — Reuters reports Russia has moved to ban Roblox access, which could reduce addressable market and adds geopolitical/regulatory uncertainty for the platform. Russian ban on Roblox stirs debate

Analyst Ratings Changes

RBLX has been the subject of several analyst reports. BMO Capital Markets lifted their price objective on Roblox from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Thursday, October 2nd. Wells Fargo & Company decreased their price target on Roblox from $155.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Jefferies Financial Group cut their price objective on shares of Roblox from $115.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, December 11th. Roth Capital reiterated a “neutral” rating and set a $146.00 price objective on shares of Roblox in a research note on Friday, October 17th. Finally, Arete Research set a $116.00 target price on shares of Roblox in a report on Tuesday, September 9th. Eighteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $135.88.

Insider Activity

In related news, insider Arvind Chakravarthy sold 20,912 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $95.23, for a total transaction of $1,991,449.76. Following the sale, the insider owned 181,043 shares in the company, valued at $17,240,724.89. The trade was a 10.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Naveen K. Chopra sold 19,424 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $95.23, for a total value of $1,849,747.52. Following the completion of the transaction, the chief financial officer owned 337,036 shares of the company’s stock, valued at $32,095,938.28. This represents a 5.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 443,404 shares of company stock valued at $45,687,339. 12.92% of the stock is currently owned by insiders.

Roblox Stock Performance

Roblox stock opened at $81.96 on Monday. The stock has a market cap of $53.67 billion, a PE ratio of -57.31 and a beta of 1.62. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.54. Roblox Corporation has a 12-month low of $50.10 and a 12-month high of $150.59. The business’s 50-day moving average price is $105.94 and its two-hundred day moving average price is $114.81.

Roblox (NYSE:RBLX) last posted its quarterly earnings results on Thursday, October 30th. The company reported ($0.37) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.07. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.64 billion. Roblox had a negative net margin of 21.70% and a negative return on equity of 314.20%. The firm’s quarterly revenue was up 70.3% compared to the same quarter last year. During the same period last year, the company posted ($0.37) EPS. As a group, analysts expect that Roblox Corporation will post -1.49 earnings per share for the current fiscal year.

Roblox 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.