Roblox Corporation $RBLX Shares Purchased by Strs Ohio
Strs Ohio increased its stake in Roblox Corporation (NYSE:RBLX) by 122.5% in Q3, owning 238,409 shares valued at $33 million. Other hedge funds also adjusted their positions, with Vanguard owning over 59 million shares. Roblox's stock opened at $74.18, with a 12-month range of $50.10 to $150.59. The company reported a Q3 EPS of ($0.37), beating estimates, but revenue fell short. Analysts have mixed ratings, with a consensus rating of "Moderate Buy" and a target price of $135.23. Insider transactions were noted, with significant shares sold recently.
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