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
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Altos Ventures Management Inc. | 14% | 78,672,205 | $3,612,627,509 |
| 2022-12-31 | Morgan Stanley | 7% | 38,527,516 | $1,769,183,464 |
| 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 | Blackrock Inc. | 4% | 20,198,971 | $927,536,711 |
| 2022-12-31 | FMR, LLC | 3% | 14,893,520 | $683,910,411 |
| 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 |
