Roblox Corporation (NYSE: RBLX) operates one of the world’s largest online platforms where users can create, share, and play immersive 3D experiences. The company has grown into a major force in the gaming industry, recently trading near $121 per share with a market value of about $81 billion.
Originally known as a niche hub for user-generated games, Roblox has evolved into a global social ecosystem where millions gather to play, build, and even host virtual concerts and events. Fueled by its massive community of creators, steady engagement growth, and new pushes into immersive experiences and AI-powered development tools, Roblox has become a key player in the metaverse and interactive entertainment economy.
Once closely tied to co-founder David Baszucki’s vision and stake, Roblox is now a global institutional story, widely owned by the largest asset managers, hedge funds, and family offices. While insiders still hold meaningful positions, the majority of shares are in the hands of institutions that see Roblox as more than just a gaming company, but as a platform that could shape the future of online interaction.
Looking at Roblox’s ownership and insider activity gives investors a sense of how the big money may be approaching the stock after its massive rebound.
Who Are Roblox’s Top Shareholders?
Track the top shareholders of over 50,000 global stocks (It’s free) >>>
Roblox’s shareholder base is split between passive giants that anchor the stock in global indexes and active managers making bold moves.
The presence of firms like Vanguard and BlackRock provides steady, long-term demand, while the outsized buying from Capital International and Capital Research shows that some investors may be taking a high-conviction view on Roblox’s future growth.
- The Vanguard Group: 58.9M shares (9.1%), ~$6.9B. Added +2.6%.
- Fidelity Management: 46.7M shares (7.2%), ~$5.5B. Added +12.1%.
- Capital International Investors: 30.4M shares (4.7%), ~$3.6B. Raised stake +685%.
- Baillie Gifford: 26.4M shares (4.1%), ~$3.1B. Trimmed -4%.
- BlackRock: 24.4M shares (3.8%), ~$2.9B. Added +8.4%.
- IEQ Capital: 18.8M shares (2.9%), ~$2.2B. Slight trim -0.6%.
- Capital Research Global Investors: 18.2M shares (2.8%), ~$2.1B. Raised stake +392%.
- Gregory Baszucki (Insider): 12.5M shares (1.9%), ~$1.6B. Long-term holder.
One highlight from last quarter is D.E. Shaw’s bold move, boosting its Roblox position by 102% to about 4.9 million shares worth $520 million, signaling strong confidence in the platform’s growth.
Another notable shift came from Gotham Asset Management, which raised its stake by 22% to 220,000 shares valued at $23 million, suggesting selective optimism among hedge funds.
The mix of passive giants and aggressive buyers suggests two things. Index funds provide stability, while the massive stake increases from Capital International and Capital Research show that some active managers may view Roblox as undervalued compared to its growth potential.
See whether Roblox’s top shareholders are buying or selling today >>>
Roblox’s Recent Insider Trades
Insider trading activity at Roblox has been active in recent months and mostly tilted toward sales. While some of these transactions may be part of planned sales or personal diversification, what stands out is the absence of meaningful insider buying, which often signals management might not think the stock is undervalued at the moment.
- David Baszucki (CEO): Transferred ~1.1M shares plus small sales.
- Anthony Lee (Director): Multiple sales totalling over 100,000 shares.
- Matthew Kaufman (Officer): Sold 6,000 shares at ~$134.
- Michael Guthrie (CFO): Filed several Form 144s.
Insider moves appear more cautious, with leadership reducing or shifting exposure and no notable buying. This may suggest that management is not eager to add at current levels, though it could also reflect routine financial planning rather than a direct statement about Roblox’s prospects.
See recent insider trade data for over 50,000 global stocks (It’s free) >>>
What the Ownership & Insider Trade Data Tell Us
Roblox’s ownership landscape shows a mix of stability and high-conviction bets. Large passive managers like Vanguard and BlackRock keep the stock anchored in global portfolios, while active investors such as Capital International and Capital Research have made aggressive increases, suggesting selective confidence in Roblox’s long-term growth story.
Insider activity, however, looks more cautious. With recent transactions leaning toward sales or transfers and no meaningful insider buying, leadership does not appear to be signaling strong enthusiasm at current prices.
The overall picture looks mixed. Institutions are leaning in, particularly active managers making bold moves, but insiders are more hesitant. Whether Roblox’s sharp rebound continues will likely depend on its ability to convert strong user engagement into consistent profitability.
Wall Street Analysts Are Bullish on These 5 Undervalued Compounders With Market-Beating Potential
TIKR just released a new free report on 5 compounders that appear undervalued, have beaten the market in the past, and could continue to outperform on a 1-5 year timeline based on analysts’ estimates.
Inside, you’ll get a breakdown of 5 high-quality businesses with:
- Strong revenue growth and durable competitive advantages
- Attractive valuations based on forward earnings and expected earnings growth
- Long-term upside potential backed by analyst forecasts and TIKR’s valuation models
These are the kinds of stocks that can deliver massive long-term returns, especially if you catch them while they’re still trading at a discount.
Whether you’re a long-term investor or just looking for great businesses trading below fair value, this report will help you zero in on high-upside opportunities.
Click here to sign up for TIKR and get our full report on 5 undervalued compounders completely free.