Understanding the Potential Headwinds for Roblox Stock.

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

Date Reported Holder Percentage Shares Value
2023-06-30 Altos Ventures Management Inc. 13% 70,891,796 $2,187,366,333
2023-06-30 Morgan Stanley 6% 36,086,267 $1,113,441,751
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
2023-06-30 Blackrock Inc. 4% 24,097,576 $743,530,696
2023-06-30 FMR, LLC 3% 16,372,633 $505,177,583
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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.