Assenagon Asset Management S.A. Has $56.68 Million Stock Position in Roblox Corporation $RBLX
by Sarita Garza · The Markets DailyAssenagon Asset Management S.A. reduced its position in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 35.4% in the 1st quarter, HoldingsChannel reports. The firm owned 1,002,156 shares of the company’s stock after selling 549,300 shares during the period. Assenagon Asset Management S.A.’s holdings in Roblox were worth $56,682,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. lifted its holdings in Roblox by 164.4% during the 4th quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock worth $25,000 after buying an additional 194 shares in the last quarter. Hanson & Doremus Investment Management acquired a new stake in shares of Roblox in the 1st quarter valued at $25,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Roblox during the fourth quarter worth $27,000. GW&K Investment Management LLC raised its position in shares of Roblox by 76.3% during the fourth quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock worth $30,000 after acquiring an additional 161 shares during the last quarter. Finally, Indiana Trust & Investment Management Co acquired a new position in shares of Roblox during the fourth quarter valued at $32,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.
Key Roblox News
Here are the key news stories impacting Roblox this week:
- Neutral Sentiment: Several law firms issued reminders and deadline notices tied to an existing securities class action alleging Roblox misled investors during the Oct. 30, 2025 to Apr. 30, 2026 class period, with the lead plaintiff deadline set for Aug. 7, 2026. These notices keep litigation risk in focus for shareholders. Article Title
- Neutral Sentiment: Additional class-action notices from Pomerantz, Schall, Rosen, Bronstein, and Bernstein Liebhard reinforce that investor lawsuits are advancing, which can keep uncertainty elevated even if the claims are not yet resolved. Article Title
- Neutral Sentiment: Roblox also faces a new complaint alleging child labor exploitation, adding another reputational and legal overhang for the company. Article Title
- Neutral Sentiment: Another lawsuit alleges Roblox and Discord exposed children to predators and grooming risks, which could intensify scrutiny of Roblox’s platform safety practices and moderation policies. Article Title
Insiders Place Their Bets
In related news, CAO Amy Marie Rawlings sold 2,895 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.24, for a total transaction of $130,969.80. Following the sale, the chief accounting officer owned 35,238 shares of the company’s stock, valued at approximately $1,594,167.12. This trade represents a 7.59% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sean Jack Buckley sold 4,744 shares of Roblox stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $46.36, for a total value of $219,931.84. Following the transaction, the insider owned 97,141 shares in the company, valued at approximately $4,503,456.76. This represents a 4.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 189,449 shares of company stock worth $9,179,410 over the last 90 days. 10.05% of the stock is currently owned by corporate insiders.
Roblox Stock Down 3.2%
Shares of NYSE RBLX opened at $46.40 on Friday. The stock has a market cap of $31.16 billion, a P/E ratio of -29.37 and a beta of 1.44. The firm has a 50 day moving average price of $48.42 and a 200 day moving average price of $62.51. 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 52-week low of $40.15 and a 52-week high of $150.59.
Roblox (NYSE:RBLX – Get Free Report) 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 company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The business’s revenue for the quarter was up 43.4% compared to the same quarter last year. During the same period last year, the business posted ($0.32) earnings per share. Analysts expect that Roblox Corporation will post -1.4 EPS for the current year.
Roblox announced that its board has initiated a share repurchase program on Tuesday, May 19th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the company to repurchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.
Wall Street Analysts Forecast Growth
RBLX has been the topic of several recent research reports. Needham & Company LLC began coverage on Roblox in a report on Friday, May 1st. They issued a “buy” rating and a $60.00 price target on the stock. Canaccord Genuity Group cut their target price on shares of Roblox from $140.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Wedbush lowered shares of Roblox from a “hold” rating to a “neutral” rating in a research note on Friday, May 1st. Jefferies Financial Group lowered shares of Roblox from a “hold” rating to a “hold” rating in a research note on Friday, May 1st. Finally, The Goldman Sachs Group lowered their price target on shares of Roblox from $125.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $87.07.
Get Our Latest Stock Report on Roblox
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.
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