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On March 3, 2023 at 09:49:41 ET an unusually large
$413.42K block of Call contracts in Roblox
(RBLX) was sold,
with a strike price of $38.00 / share, expiring in 7 days (on March 10, 2023).
Fintel tracks all large options trades, and the premium spent on this trade was 1.71 sigmas above the mean, placing it in the 96.27 percentile of all recent large trades made in RBLX options.
This trade was first picked up on Fintel’s real time Options Flow
tool, where all large
block option trades are tracked.
Analyst Price Forecast Suggests 5.72% Downside
As of March 2, 2023,
the average one-year price target for Roblox is $36.98.
The forecasts range from a low of $14.14 to a high of $63.00.
The average price target represents a decrease of 5.72% from its latest reported closing price of $39.23.
The projected annual revenue for Roblox
is $3,306MM, an increase of 48.58%.
The projected annual EPS
is -$1.77.
What is the Fund Sentiment?
There are 953 funds or institutions reporting positions in Roblox.
This is a decrease
of
4
owner(s) or 0.42% in the last quarter.
Average portfolio weight of all funds dedicated to RBLX is 0.46%,
a decrease
of 30.91%.
Total shares owned by institutions decreased
in the last three months by 0.10% to 449,437K shares.
The put/call ratio of RBLX is 0.80, indicating a
bullish
outlook.
What are large shareholders doing?
Altos Ventures Management
holds 78,672K shares
representing 13.01% ownership of the company.
In it’s prior filing, the firm reported owning 78,658K shares, representing
an increase
of 0.02%.
The firm
increased
its portfolio allocation in RBLX by 0.70% over the last quarter.
Baillie Gifford &
holds 29,443K shares
representing 4.87% ownership of the company.
In it’s prior filing, the firm reported owning 20,907K shares, representing
an increase
of 28.99%.
The firm
increased
its portfolio allocation in RBLX by 13.03% over the last quarter.
Price T Rowe Associates
holds 12,414K shares
representing 2.05% ownership of the company.
In it’s prior filing, the firm reported owning 17,211K shares, representing
a decrease
of 38.65%.
The firm
decreased
its portfolio allocation in RBLX by 43.76% over the last quarter.
Temasek Holdings
holds 11,365K shares
representing 1.88% ownership of the company.
No change in the last quarter.
Index Venture Growth Associates III
holds 10,361K shares
representing 1.71% ownership of the company.
In it’s prior filing, the firm reported owning 12,951K shares, representing
a decrease
of 25.00%.
The firm
decreased
its portfolio allocation in RBLX by 99.90% over the last quarter.
Roblox Background Information
(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-one that inspires and fosters creativity and positive relationships between people around the world.
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.
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