Farther Finance Advisors LLC increased its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 362.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,354 shares of the company’s stock after buying an additional 19,871 shares during the quarter. Farther Finance Advisors LLC’s holdings in Robinhood Markets were worth $3,630,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in HOOD. Wedmont Private Capital grew its position in shares of Robinhood Markets by 0.4% during the third quarter. Wedmont Private Capital now owns 25,319 shares of the company’s stock worth $3,671,000 after acquiring an additional 113 shares during the last quarter. True Vision MN LLC boosted its stake in Robinhood Markets by 1.7% during the 2nd quarter. True Vision MN LLC now owns 6,858 shares of the company’s stock worth $642,000 after purchasing an additional 116 shares during the period. Forum Financial Management LP grew its position in Robinhood Markets by 0.8% during the 2nd quarter. Forum Financial Management LP now owns 17,997 shares of the company’s stock worth $1,685,000 after purchasing an additional 134 shares during the last quarter. Hemington Wealth Management increased its stake in Robinhood Markets by 22.5% in the second quarter. Hemington Wealth Management now owns 779 shares of the company’s stock valued at $72,000 after purchasing an additional 143 shares during the period. Finally, Ballentine Partners LLC increased its stake in Robinhood Markets by 2.3% in the second quarter. Ballentine Partners LLC now owns 6,624 shares of the company’s stock valued at $620,000 after purchasing an additional 148 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.
Key Stores Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: High‑profile buying: Ark Invest (Cathie Wood) purchased roughly $30M of HOOD during a recent dip, providing demand support and signaling conviction from a growth investor. Cathie Wood bought $30M of HOOD
- Positive Sentiment: Product expansion that can drive recurring revenue: Robinhood is rolling out NFL prop bets and parlays on its prediction‑markets platform — a fast‑growing product the company says is on pace to be a material revenue driver. That diversification into sports betting and expanded prediction markets is a clear growth catalyst. Robinhood NFL prop/parlay rollout
- Positive Sentiment: Analyst support: Recent analyst coverage and raised targets (trades like Truist, Needham, Loop Capital and others) keep a consensus “Moderate Buy” and an above‑market average price target, which underpins near‑term upside expectations. MarketBeat analyst roundup
- Neutral Sentiment: Short‑interest report appears anomalous: a December filing shows “0 shares” shorted (days‑to‑cover 0.0) — likely a data or reporting glitch rather than a genuine collapse of short interest; investors should watch updated official filings.
- Neutral Sentiment: High institutional ownership: institutions hold >90% of shares, which can reduce float volatility but also concentrate directional flows when funds rebalance. Institutional ownership and insider trades
- Negative Sentiment: Insider selling: CTO Jeffrey Tsvi Pinner sold 5,864 shares (~22% reduction of his holding) at ~ $122.39, which some investors interpret as a cautionary sign despite being routine for executives. SEC filing available. CTO Form 4 sale
- Negative Sentiment: Short‑term profit‑taking & technical risk: after a large YTD rally, some market commentators flag cooling trading volumes in crypto/equities and bearish technical signs that could pressure the headline multiple and trigger further near‑term selling. Take‑profits analysis
Insider Buying and Selling at Robinhood Markets
Analyst Upgrades and Downgrades
HOOD has been the subject of several recent research reports. KeyCorp increased their target price on shares of Robinhood Markets from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and issued a $145.00 target price on shares of Robinhood Markets in a research note on Friday, December 5th. Bank of America cut their price target on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research report on Monday, October 27th. Finally, The Goldman Sachs Group boosted their price objective on shares of Robinhood Markets from $134.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and an average target price of $137.30.
Read Our Latest Analysis on Robinhood Markets
Robinhood Markets Stock Performance
Robinhood Markets stock opened at $120.32 on Thursday. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. The firm has a market capitalization of $108.19 billion, a price-to-earnings ratio of 49.92, a price-to-earnings-growth ratio of 2.19 and a beta of 2.43. The stock’s fifty day moving average is $128.25 and its two-hundred day moving average is $114.83.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the firm earned $0.17 EPS. The business’s revenue for the quarter was up 100.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.
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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