Y Intercept Hong Kong Ltd boosted its position in Roblox Corporation (NYSE:RBLX – Free Report) by 45.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 472,146 shares of the company’s stock after purchasing an additional 146,824 shares during the quarter. Roblox comprises 0.5% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 12th biggest position. Y Intercept Hong Kong Ltd owned approximately 0.07% of Roblox worth $26,705,000 at the end of the most recent quarter.
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A number of other hedge funds and other institutional investors have also recently bought and sold shares of RBLX. Baird Financial Group Inc. grew its position in Roblox by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after purchasing an additional 102 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after purchasing an additional 105 shares during the period. Brown Brothers Harriman & Co. raised its holdings in shares of Roblox by 2.8% during the third quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock valued at $560,000 after buying an additional 110 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Roblox by 1.3% during the second quarter. NewEdge Advisors LLC now owns 10,374 shares of the company’s stock valued at $1,091,000 after buying an additional 138 shares during the last quarter. Finally, L2 Asset Management LLC boosted its position in shares of 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 buying an additional 154 shares during the period. 94.46% of the stock is owned by institutional investors and hedge funds.
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Roblox Price Performance
Shares of NYSE:RBLX opened at $55.29 on Friday. The stock has a market cap of $37.13 billion, a price-to-earnings ratio of -34.99 and a beta of 1.41. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.89 and a quick ratio of 0.89. Roblox Corporation has a 12 month low of $40.15 and a 12 month high of $150.59. The stock’s 50 day moving average price is $47.73 and its 200 day moving average price is $61.07
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