Teachers Retirement System of The State of Kentucky Lowers Stock Holdings in Roblox Corporation $RBLX

by · The Markets Daily

Teachers Retirement System of The State of Kentucky reduced its holdings in Roblox Corporation (NYSE:RBLX – Free Report) by 7.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,082 shares of the company’s stock after selling 11,100 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Roblox were worth $8,262,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in RBLX. Baird Financial Group Inc. raised its stake in shares of Roblox by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after buying an additional 102 shares during the period. Sunbelt Securities Inc. grew its stake in Roblox by 58.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after acquiring an additional 105 shares during the period. Brown Brothers Harriman & Co. increased its holdings in Roblox by 2.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock worth $560,000 after acquiring an additional 110 shares in the last quarter. NewEdge Advisors LLC raised its position in Roblox by 1.3% during the second quarter. NewEdge Advisors LLC now owns 10,374 shares of the company’s stock worth $1,091,000 after acquiring an additional 138 shares during the period. Finally, L2 Asset Management LLC raised its position in Roblox by 5.9% during the third quarter. L2 Asset Management LLC now owns 2,783 shares of the company’s stock worth $386,000 after acquiring an additional 154 shares during the period. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Roblox

In related news, insider Mark Reinstra sold 4,512 shares of Roblox stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $57.34, for a total transaction of $258,718.08. Following the transaction, the insider owned 422,248 shares in the company, valued at approximately $24,211,700.32. This trade represents a 1.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David Baszucki sold 50,628 shares of Roblox stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total value of $2,292,435.84. Following the transaction, the chief executive officer owned 852,214 shares in the company, valued at approximately $38,588,249.92. The trade was a 5.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 161,983 shares of company stock valued at $7,580,990. 10.05% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Citigroup downgraded shares of Roblox from a “buy” rating to a “strong sell” rating in a report on Monday, June 29th. The Goldman Sachs Group reduced 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. TD Cowen raised shares of Roblox from a “sell” rating to a “hold” rating and decreased their price target for the company from $54.00 to $49.00 in a research note on Friday, May 1st. Barclays upgraded Roblox from an “equal weight” rating to an “outperform” rating in a report on Monday, June 29th. Finally, Oppenheimer started coverage on Roblox in a research note on Friday, May 1st. They set an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $85.48.

Read Our Latest Analysis on Roblox

Key Roblox News

Here are the key news stories impacting Roblox this week:

  • Positive Sentiment: Investors are also betting on Roblox’s upcoming late-July earnings report, with recent commentary pointing to expectations around bookings and user trends, plus continued interest in the company’s growth story and share repurchase program. Article Title
  • Positive Sentiment: Earlier analyst optimism and buyback support may be helping sentiment, as Roblox previously authorized a $3 billion repurchase program and received a recent Buy upgrade. Article Title
  • Neutral Sentiment: Multiple law firms are reminding investors about an August 7 lead-plaintiff deadline in an existing class action tied to Roblox shares purchased between October 30, 2025 and April 30, 2026. Article Title
  • Neutral Sentiment: Additional firms continue promoting the same shareholder lawsuit and encouraging investors to seek counsel, underscoring legal overhang rather than a new operational development. Article Title
  • Negative Sentiment: Grant & Eisenhofer filed a class action alleging Roblox and certain executives made misleading statements and failed to disclose material information, adding to litigation risk for the stock. Article Title
  • Negative Sentiment: Hagens Berman is investigating claims that Roblox’s age-check rollout created undisclosed friction for user growth and engagement, reinforcing concerns that safety changes may have hurt platform momentum. Article Title

Roblox Stock Down 0.5%

Shares of NYSE RBLX opened at $55.10 on Tuesday. Roblox Corporation has a 12-month low of $40.15 and a 12-month high of $150.59. The stock has a market cap of $37.01 billion, a PE ratio of -34.87 and a beta of 1.41. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.45. The company has a 50-day moving average of $47.62 and a 200 day moving average of $59.67.

Roblox (NYSE:RBLX – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. The business 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 was up 43.4% on a year-over-year basis. During the same period last year, the company posted ($0.32) EPS. As a group, sell-side analysts predict that Roblox Corporation will post -1.39 EPS for the current fiscal year.

Roblox announced that its board has initiated a stock buyback program on Tuesday, May 19th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the company to purchase up to 9.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Roblox Company Profile

(Free Report)

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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