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 |