Roblox stock is trading -16.63% below its average target price of $37.01 after dropping -2.8% during today's afternoon session. Analysts are giving the large-cap Data Processing Services company an average rating of buy and target prices ranging from $18.0 to $60.0 per share.
Roblox has an average level of shares sold short, at 5.8% of its total share float. The stock's short ratio (also called days to cover) is 2.2. The company's insiders own 4.29% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 73.9% of Roblox's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Roblox
|2023-06-30||Altos Ventures Management Inc.||13%||70,891,796||$2,187,366,333|
|2023-06-30||Vanguard Group Inc||6%||34,567,229||$1,066,571,834|
|2023-06-30||Baillie Gifford and Company||5%||28,549,298||$880,888,576|
|2023-09-30||ARK Investment Management, LLC||2%||11,973,881||$369,454,092|
|2023-06-30||Temasek Holdings (Private) Limited||2%||11,364,542||$350,652,938|
|2023-06-30||State Street Corporation||2%||8,688,393||$268,080,362|
|2023-06-30||Two Sigma Advisers, LP||1%||8,183,800||$252,511,145|