Jump Financial LLC Has $11.48 Million Stock Holdings in Roblox Co. (NYSE:RBLX)

Jump Financial LLC grew its holdings in Roblox Co. (NYSE:RBLX - Free Report) by 18.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,462 shares of the company's stock after purchasing an additional 30,767 shares during the period. Jump Financial LLC's holdings in Roblox were worth $11,483,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Toronto Dominion Bank grew its stake in shares of Roblox by 34.3% in the 3rd quarter. Toronto Dominion Bank now owns 60,092 shares of the company's stock valued at $2,660,000 after buying an additional 15,333 shares in the last quarter. Smith Group Asset Management LLC raised its holdings in shares of Roblox by 939.6% during the 4th quarter. Smith Group Asset Management LLC now owns 69,030 shares of the company's stock valued at $3,994,000 after purchasing an additional 62,390 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of Roblox in the 4th quarter valued at $363,000. Silicon Valley Capital Partners increased its position in Roblox by 3,010.0% during the fourth quarter. Silicon Valley Capital Partners now owns 69,104 shares of the company's stock worth $3,998,000 after buying an additional 66,882 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its holdings in Roblox by 320.0% during the fourth quarter. V Square Quantitative Management LLC now owns 2,587 shares of the company's stock valued at $149,000 after buying an additional 1,971 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company's stock.

Insiders Place Their Bets

In related news, CAO Amy Marie Rawlings sold 4,468 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $61.34, for a total transaction of $274,067.12. Following the completion of the transaction, the chief accounting officer now directly owns 75,583 shares in the company, valued at approximately $4,636,261.22. This trade represents a 5.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David Baszucki sold 138,555 shares of Roblox stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $71.62, for a total transaction of $9,923,309.10. Following the completion of the sale, the chief executive officer now owns 129,301 shares in the company, valued at $9,260,537.62. This trade represents a 51.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 926,954 shares of company stock worth $56,936,331. Corporate insiders own 22.15% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on RBLX. Citigroup lifted their price target on shares of Roblox from $63.00 to $82.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Barclays decreased their price objective on Roblox from $50.00 to $46.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. JPMorgan Chase & Co. raised their price target on shares of Roblox from $62.00 to $72.00 and gave the stock an "overweight" rating in a research note on Friday, January 10th. Wedbush reiterated an "outperform" rating and issued a $83.00 price objective on shares of Roblox in a research note on Friday, February 7th. Finally, Needham & Company LLC raised their target price on Roblox from $60.00 to $72.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $64.00.

Roblox Trading Up 1.1 %

NYSE RBLX traded up $0.67 during trading hours on Friday, hitting $59.76. The company's stock had a trading volume of 5,118,708 shares, compared to its average volume of 7,889,671. Roblox Co. has a twelve month low of $29.55 and a twelve month high of $75.74. The company has a quick ratio of 0.98, a current ratio of 1.02 and a debt-to-equity ratio of 4.82. The firm has a market capitalization of $37.56 billion, a P/E ratio of -41.22 and a beta of 1.49. The stock has a fifty day moving average of $59.28 and a 200 day moving average of $56.78.

Roblox (NYSE:RBLX - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.46) by $0.13. Roblox had a negative return on equity of 665.98% and a negative net margin of 25.97%. Equities research analysts forecast that Roblox Co. will post -1.49 earnings per share for the current fiscal year.

Roblox Profile

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.