Roblox Corporation $RBLX Stake Cut by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its holdings in shares of Roblox Corporation (NYSE:RBLX) by 5.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,692,618 shares of the company’s stock after selling 95,016 shares during the quarter. Bank of New York Mellon Corp’s holdings in Roblox were worth $95,734,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RBLX. Reyes Financial Architecture Inc. lifted its position in shares of Roblox by 164.4% in the fourth quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock worth $25,000 after purchasing an additional 194 shares in the last quarter. Hanson & Doremus Investment Management acquired a new stake in shares of Roblox during the first quarter worth approximately $25,000. Fideuram Asset Management Ireland dac purchased a new position in Roblox during the fourth quarter valued at approximately $27,000. GW&K Investment Management LLC grew its position in Roblox by 76.3% during the fourth quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock valued at $30,000 after purchasing an additional 161 shares in the last quarter. Finally, Indiana Trust & Investment Management Co acquired a new position in Roblox in the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on RBLX. Canaccord Genuity Group cut their target price on shares of Roblox from $140.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Wolfe Research started coverage on shares of Roblox in a report on Friday, May 1st. They set an “outperform” rating on the stock. Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday. Barclays upgraded Roblox from an “equal weight” rating to an “outperform” rating in a report on Monday, June 29th. Finally, Wells Fargo & Company lifted their price objective on Roblox from $55.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $85.48.

Roblox News Roundup

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Investors are bidding up Roblox ahead of its July 30 second-quarter earnings release, with traders positioning for a potentially strong update on summer engagement and user growth. Roblox gains as investors look ahead to earnings and recent platform updates
• Positive Sentiment: Recent product changes, including the rollout of Roblox Kids and Roblox Select accounts, may be improving sentiment by showing the company is tightening safety controls while expanding its age-based offerings. Roblox gains as investors look ahead to earnings and recent platform updates
• Neutral Sentiment: Analyst commentary remains constructive, with recent coverage describing Roblox as favorably positioned versus Take-Two thanks to user growth, creator incentives, and AI capabilities. Roblox vs. Take-Two: Which Gaming Stock Has the Edge Now?
• Negative Sentiment: Multiple law firms are advertising securities class-action claims and lead-plaintiff deadlines tied to Roblox’s stock performance during the October 2025 to April 2026 period, which could weigh on sentiment and keep legal risk in focus. RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit with the Schall Law Firm
• Negative Sentiment: Fresh litigation notices from Rosen Law Firm, Hagens Berman, and Bronstein, Gewirtz & Grossman extend the legal overhang and may remind investors of potential costs and distraction for management. HBSS Investigating Claims Against Roblox (RBLX) In Pending Securities Class Action

Insider Buying and Selling

In related news, CEO David Baszucki sold 50,628 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the completion of the sale, the chief executive officer directly owned 852,214 shares of the company’s stock, valued at approximately $38,588,249.92. This represents a 5.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory Baszucki sold 16,666 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $44.97, for a total transaction of $749,470.02. Following the completion of the transaction, the director owned 1,294,501 shares in the company, valued at $58,213,709.97. The trade was a 1.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 161,983 shares of company stock valued at $7,580,990. 10.05% of the stock is owned by corporate insiders.

Roblox Stock Up 3.2%

Shares of RBLX stock opened at $53.31 on Tuesday. The stock’s 50 day simple moving average is $48.72 and its 200 day simple moving average is $58.70. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89. Roblox Corporation has a twelve month low of $40.15 and a twelve month high of $150.59. The company has a market capitalization of $35.80 billion, a price-to-earnings ratio of -33.74 and a beta of 1.41.

Roblox (NYSE:RBLX) last posted its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.41) by $0.06. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative return on equity of 277.69% and a negative net margin of 20.69%.The company’s revenue for the quarter was up 43.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.32) EPS. As a group, research analysts predict that Roblox Corporation will post -1.39 EPS for the current year.

Roblox announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 19th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 9.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board 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.