On July 18, 2023 at 10:25:02 AM ET, an unusually large $670.45,000 block of call contracts in Roblox Corporation – (RBLX) was purchased, with a strike price of $42.50/share, expiring in 31 day(s) (August 18, 2023). Fintel tracks all large option trades, and the premium spent on this trade was 4.99 sigma above the average, which puts it in the 100.00th percentile of all recent large trades in RBLX options.
This trade was first detected on Fintel’s real-time options feed tool, where unusual options trades are highlighted.
What is fund sentiment?
There are 1031 funds or institutions reporting positions in Roblox Corporation -. This is an increase of 84 owners or 8.87% in the last quarter. Average portfolio weight of all funds dedicated to RBLX is 0.53%, an increase of 25.66%. The total number of shares held by institutions has decreased over the past three months by 3.06% to 432,947,000 shares. RBLX’s put/call ratio is 0.60, indicating a bullish outlook.
Analyst price forecast suggests 1.83% drop
As of July 6, 2023, the one-year average price target for Roblox Corporation was 43.65. The forecast ranges from a low of 20.20 to a high of $63.00. The average price target represents a decline of 1.83% from its last published closing price of 44.46.
Check out our ranking of companies with the biggest upward price target.
The expected annual revenue for Roblox Corporation is 3,306 million, an increase of 41.09%. Projected annual non-GAAP EPS is -1.77.
What are the other shareholders doing?
Altos Ventures Management holds 70,892,000 shares representing 11.61% ownership of the company. In its previous filing, the company stated that it holds 78,672,000 shares, representing a decrease of 10.98%.
Baillie Gifford holds 29,004,000 shares representing 4.75% ownership of the company. In its previous filing, the company stated that it holds 29,443,000 shares, representing a decrease of 1.51%. The company increase its portfolio allocation in RBLX by 34.80% in the last quarter.
Temasek Holdings holds 11,365,000 shares representing 1.86% ownership of the company. No change in the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares owns 11,125,000 shares representing 1.82% ownership of the company. In its previous filing, the company stated that it holds 10,004,004 shares, which represents a raise of 10.08%. The company increase its portfolio allocation in RBLX by 62.29% in the last quarter.
ARK Investment Management holds 9,319,000 shares representing 1.53% ownership of the company. In its previous filing, the company stated that it holds 9,026,000 shares, representing a raise of 3.13%. The company decreases its portfolio allocation in RBLX by 10.90% in the last quarter.
General information about Roblox
(This description is provided by the company.)
Roblox’s mission is to build a human co-experience platform that enables shared experiences among billions of users. Every day, more than 36 million people around the world have fun with friends as they explore millions of immersive digital experiences. All of these experiences are built by the Roblox community, made up of over five million creators. Roblox believes in building a safe, civil, and diverse community that inspires and fosters creativity and positive relationships among people around the world.
Key deposits for this company:
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
