TLDR
- ARK Invest bought 97,646 Roblox shares for $7.2 million on February 10, 2026
- Purchase followed a 2% stock decline triggered by Australian regulatory concerns over child safety
- ARK added 95,018 Bullish shares worth $3 million to its portfolio
- Firm sold 669,600 PagerDuty shares valued at $5.2 million
- Roblox purchases total over $17 million in two consecutive days
Cathie Wood’s ARK Invest purchased nearly 100,000 Roblox shares on February 10, 2026. The investment firm bought 97,646 shares worth approximately $7.2 million. The shares were distributed across three exchange-traded funds.
The purchase came after Roblox stock declined more than 2% on Tuesday. Australian regulators raised concerns about content moderation on the gaming platform. Officials highlighted reports about potential predator access to children using the service.
ARK spread the investment across its Innovation ETF, Next Generation Internet ETF, and Fintech Innovation ETF. Each fund received a portion of the total share purchase. The transaction represents continued confidence in the gaming company.
This marks the second consecutive day of major Roblox purchases by ARK. On February 9, the firm acquired 145,603 shares worth approximately $10 million. The combined two-day investment exceeds $17 million.
Bullish Position Grows
ARK expanded its cryptocurrency holdings on February 10. The firm purchased 95,018 Bullish shares across three ETFs. The investment totaled $3 million.
This continues a week-long pattern of Bullish share accumulation. ARK has consistently added to this position over multiple trading sessions. The cryptocurrency exchange platform represents a growing part of the firm’s portfolio.
The purchases demonstrate Wood’s commitment to both gaming and crypto sectors. Both industries align with ARK’s focus on disruptive innovation. The firm has maintained these positions despite market volatility.
PagerDuty Holdings Reduced
ARK made its largest sale of the day in PagerDuty stock. The firm sold 669,600 shares across two ETFs. The transaction value reached $5.2 million.
The sale continues a pattern of PagerDuty position reduction. ARK has been decreasing its exposure through multiple sales. The firm also sold 10,000 Pinterest shares for $201,400.
Smaller transactions included purchases of Kodiak AI, Brera Holdings, and Tempus AI. ARK sold a small position in Trade Desk stock. These trades reflect ongoing portfolio rebalancing.
Analyst Sentiment on Roblox
Wall Street analysts maintain generally positive views on Roblox stock. Among 23 analysts covering the company, 17 rate it as a Buy. Five analysts have Hold ratings while only one recommends selling.
The consensus rating stands at Moderate Buy. Analysts set an average price target of $110.87 for the stock. This represents potential upside of 54% from current levels.
Roblox recently reported fourth-quarter earnings and provided 2026 guidance. The company’s bookings forecast exceeded analyst expectations. Several analysts maintained Buy ratings following the results despite regulatory headlines.
ARK’s recent purchases align with this bullish analyst sentiment. The firm appears to view the Australian regulatory concerns as temporary. Wood’s investment strategy often focuses on long-term growth potential rather than short-term setbacks.