Corient Private Wealth LLC increased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 41.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,039 shares of the company’s stock after acquiring an additional 12,564 shares during the quarter. Corient Private Wealth LLC’s holdings in Robinhood Markets were worth $4,030,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of HOOD. Hantz Financial Services Inc. increased its position in shares of Robinhood Markets by 120.3% during the second quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock worth $25,000 after purchasing an additional 148 shares in the last quarter. Smithfield Trust Co purchased a new position in Robinhood Markets during the 2nd quarter worth approximately $29,000. Twin Peaks Wealth Advisors LLC acquired a new position in Robinhood Markets during the second quarter worth approximately $34,000. V Square Quantitative Management LLC purchased a new stake in Robinhood Markets in the second quarter valued at approximately $36,000. Finally, LGT Financial Advisors LLC acquired a new stake in shares of Robinhood Markets in the second quarter valued at approximately $37,000. 93.27% of the stock is owned by hedge funds and other institutional investors.
Robinhood Markets Price Performance
Robinhood Markets stock opened at $121.35 on Monday. The stock’s 50 day moving average price is $129.19 and its 200 day moving average price is $114.12. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86. The company has a market cap of $109.12 billion, a PE ratio of 50.35, a price-to-earnings-growth ratio of 2.40 and a beta of 2.43.
Wall Street Analysts Forecast Growth
Several research firms recently commented on HOOD. Mizuho upped their price target on shares of Robinhood Markets from $145.00 to $172.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Needham & Company LLC restated a “buy” rating and issued a $145.00 price objective on shares of Robinhood Markets in a research note on Friday, December 5th. Morgan Stanley upped their target price on shares of Robinhood Markets from $110.00 to $146.00 and gave the company an “equal weight” rating in a report on Wednesday, October 1st. Bank of America lowered their price target on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research report on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $137.25.
Read Our Latest Stock Report on HOOD
Robinhood Markets News Summary
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Truist initiated coverage / bullish commentary — Truist analysts have pushed a constructive view on HOOD, with public interviews outlining a clear bull case, supporting investor sentiment and likely contributing to buying interest. Robinhood Markets (NASDAQ:HOOD) Coverage Initiated at Truist Financial
- Positive Sentiment: Product expansion: prediction markets & sports-betting features — Robinhood is expanding prediction-market tools (NFL combos, player contracts) and positioning for sports-related trading, which could increase user activity and new revenue streams. Media and exec interviews highlight this as a strategic growth lever. Robinhood expands services tied to prediction markets as rivals take the gloves off
- Positive Sentiment: Sector tailwinds and firm-level recognition — Barclays and other outlets cite a favorable 2026 outlook for wealth brokers and alternative-asset managers, naming Robinhood as a beneficiary; that macro view supports investor appetite for HOOD. Robinhood (HOOD) Beneficiary of Barclays’ Positive 2026 Outlook for Wealth Brokers and Alternative Asset Managers Amid Mixed Exchange Environment
- Neutral Sentiment: WonderFi deal outside-date extended to June 1, 2026 — Robinhood and WonderFi agreed to push the transaction closing deadline, while continuing integration planning for a Canadian rollout; this maintains an acquisition catalyst but delays timing and certainty. WonderFi Announces Extension to the Outside Date for Robinhood Transaction
- Neutral Sentiment: Analysis pieces on prediction markets’ upside — Several analysis articles and TV interviews examine whether prediction markets can materially lift revenue and engagement; useful for context but outcome depends on adoption and monetization. Robinhood: Will Prediction Markets Drive Stock Higher?
- Negative Sentiment: Valuation and market-risk concerns — Coverage notes that HOOD’s rally has left it with an elevated valuation and exposed it to broader market volatility; investors should factor valuation when sizing positions. These 2 Financial Stocks Beat the Market by 208% and 55% in 2025. Should You Buy Them in 2026?
- Negative Sentiment: Political/AI scrutiny — CEO Vlad Tenev has publicly responded to lawmakers’ concerns about AI and retail exposure to private AI firms; heightened political attention can raise regulatory risk and investor uncertainty. Robinhood’s Vlad Tenev Addresses Bernie Sanders’ AI Concerns
Insider Activity at Robinhood Markets
In related news, insider Steven M. Quirk sold 49,942 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total value of $6,549,893.30. Following the sale, the insider owned 54,496 shares in the company, valued at $7,147,150.40. This represents a 47.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,865 shares of Robinhood Markets stock in a transaction on Friday, December 5th. The stock was sold at an average price of $132.26, for a total value of $775,704.90. Following the transaction, the chief technology officer directly owned 26,725 shares of the company’s stock, valued at approximately $3,534,648.50. This represents a 18.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,680,899 shares of company stock worth $475,130,364 in the last ninety days. Corporate insiders own 19.95% of the company’s stock.
About Robinhood Markets
Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.
Robinhood’s core products and services include a mobile app and web platform for trading U.S.
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