Motley Fool Asset Management LLC Sells 32,989 Shares of Roblox Corporation $RBLX

Motley Fool Asset Management LLC cut its stake in Roblox Corporation (NYSE:RBLX – Free Report) by 72.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,288 shares of the company’s stock after selling 32,989 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Roblox were worth $521,000 as of its most recent SEC filing.

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Other hedge funds have also bought and sold shares of the company. TD Waterhouse Canada Inc. raised its position in Roblox by 21.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,152 shares of the company’s stock worth $50,000 after purchasing an additional 204 shares during the period. Stonekeep Investments LLC lifted its stake in Roblox by 2.4% in the second quarter. Stonekeep Investments LLC now owns 9,070 shares of the company’s stock worth $493,000 after purchasing an additional 213 shares during the last quarter. Activest Wealth Management boosted its position in shares of Roblox by 72.9% during the third quarter. Activest Wealth Management now owns 588 shares of the company’s stock valued at $25,000 after buying an additional 248 shares during the period. Basecamp Wealth Advisors LLC boosted its position in shares of Roblox by 98.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 507 shares of the company’s stock valued at $29,000 after buying an additional 252 shares during the period. Finally, Root Financial Partners LLC grew its stake in shares of Roblox by 100.7% during the first quarter. Root Financial Partners LLC now owns 564 shares of the company’s stock valued at $32,000 after buying an additional 283 shares during the last quarter. Institutional investors own 94.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on RBLX shares. Canaccord Genuity Group set a $58.00 price target on Roblox in a report on Friday, July 31st. Oppenheimer restated an “outperform” rating and set a $50.00 price objective (down from $82.00) on shares of Roblox in a report on Friday, September 11th. Piper Sandler reaffirmed a “neutral” rating and issued a $47.00 price objective (down from $50.00) on shares of Roblox in a research report on Friday, July 31st. Needham & Company LLC increased their target price on Roblox from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, September 23rd. Finally, UBS Group lifted their target price on Roblox from $45.00 to $53.00 and gave the stock a “neutral” rating in a research report on Wednesday, <a href="https://comicvibe.com/anime-vs-anime-codes-october-2026/” title=”Anime vs Anime codes October 2026″>October 14th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $54.08.

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