Shares of Roblox rose to $45.92 during today's None trading session. Despite the 2.1% change, the large-cap Data Processing Services company still trades 9.18% above its average analyst target price of $42.06. So there may be further downside for the Data Processing Services stock. Roblox has target prices ranging from $19.0 to $60.0 per share, and its average rating is hold.
Roblox has an average level of shares sold short, at 6.7% of its total share float. The stock's short ratio (also called days to cover) is 1.64. The company's insiders own 4.37% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 75.7% of Roblox's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Roblox
|2022-12-31||Altos Ventures Management Inc.||14%||78,672,205||$3,612,627,509|
|2022-12-31||Vanguard Group, Inc. (The)||6%||30,995,053||$1,423,292,777|
|2022-12-31||Baillie Gifford and Company||5%||29,442,957||$1,352,020,531|
|2022-12-31||Price (T.Rowe) Associates Inc||2%||12,413,716||$570,037,815|
|2022-12-31||Temasek Holdings (Private) Limited||2%||11,364,542||$521,859,747|
|2022-12-31||Index Venture Growth Associates III Ltd||2%||10,360,966||$475,775,539|
|2022-12-31||Renaissance Technologies, LLC||2%||10,150,982||$466,133,074|