Commonwealth Equity Services LLC grew its position in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 21.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 245,920 shares of the company’s stock after buying an additional 44,055 shares during the period. Commonwealth Equity Services LLC’s holdings in Robinhood Markets were worth $35,211,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in HOOD. Vanguard Group Inc. raised its holdings in Robinhood Markets by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 75,612,131 shares of the company’s stock worth $7,079,564,000 after purchasing an additional 1,371,051 shares during the last quarter. State Street Corp grew its position in shares of Robinhood Markets by 9.2% during the 2nd quarter. State Street Corp now owns 15,870,421 shares of the company’s stock worth $1,485,948,000 after buying an additional 1,341,204 shares during the period. Geode Capital Management LLC raised its stake in shares of Robinhood Markets by 4.0% during the second quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock worth $1,233,840,000 after buying an additional 507,926 shares during the last quarter. WCM Investment Management LLC raised its stake in shares of Robinhood Markets by 3,615.7% during the second quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock worth $1,081,910,000 after buying an additional 11,244,182 shares during the last quarter. Finally, Norges Bank acquired a new position in Robinhood Markets in the second quarter valued at approximately $973,122,000. Institutional investors and hedge funds own 93.27% of the company’s stock.
Robinhood Markets Price Performance
Shares of Robinhood Markets stock opened at $116.97 on Thursday. Robinhood Markets, Inc. has a 1 year low of $29.66 and a 1 year high of $153.86. The business has a 50-day moving average of $124.40 and a two-hundred day moving average of $117.77. The company has a market capitalization of $105.18 billion, a P/E ratio of 48.54, a price-to-earnings-growth ratio of 1.84 and a beta of 2.44.
Analysts Set New Price Targets
A number of analysts have commented on HOOD shares. Needham & Company LLC lowered their target price on shares of Robinhood Markets from $145.00 to $135.00 and set a “buy” rating for the company in a report on Monday, December 29th. Keefe, Bruyette & Woods upped their price objective on Robinhood Markets from $121.00 to $135.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. Truist Financial assumed coverage on Robinhood Markets in a report on Wednesday, December 17th. They set a “buy” rating and a $155.00 target price on the stock. Dbs Bank upgraded Robinhood Markets to a “moderate buy” rating in a research report on Wednesday, November 12th. Finally, JMP Securities upped their price target on Robinhood Markets from $130.00 to $170.00 and gave the company a “market outperform” rating in a research note on Thursday, October 9th. 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $136.80.
Get Our Latest Report on Robinhood Markets
Key Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Zacks includes HOOD among “momentum” stocks to buy for January, signaling continued analyst interest in the name that can attract short‑term flows and momentum traders. 5 Momentum Stocks to Buy for January After a Mixed December
- Positive Sentiment: A separate Zacks piece highlights HOOD as one of a few “crypto‑centric” stocks that could benefit from a Bitcoin rebound, reinforcing the view that Robinhood’s crypto trading exposure is a potential upside driver. 3 Crypto-Centric Stocks to Boost Your Portfolio Before Next Bitcoin Rally
- Positive Sentiment: Trading data reported by Proactive shows Robinhood UK customers concentrated buys in AI, crypto and space names in December and lists Robinhood Markets among the most‑bought stocks, a sign of continued retail engagement on the platform. AI, crypto and space stocks dominate Robinhood UK buying in December
- Neutral Sentiment: Market recap coverage notes HOOD has recently dipped versus the broader market, providing context that part of the move may be market/flow driven rather than company‑specific news. Robinhood Markets, Inc. (HOOD) Stock Dips While Market Gains: Key Facts
- Negative Sentiment: Native American groups have escalated a legal fight involving Robinhood and Kalshi, increasing litigation and regulatory risk which could weigh on investor sentiment and potentially create financial or operational uncertainty. Native American groups escalate legal fight against Robinhood, Kalshi – report
- Negative Sentiment: Significant insider selling was disclosed (CEO Vladimir Tenev sold 375,000 shares; CTO Jeffrey Tsvi Pinner sold 5,864 shares; insider Daniel Gallagher Jr. sold 10,000 shares). Large, concurrent insider sales—especially by the CEO—can amplify downward pressure and signal to some investors a desire to reduce exposure. SEC/filing links: Tenev Form 4 Pinner Form 4 Gallagher Form 4
Insider Activity at Robinhood Markets
In related news, Director Baiju Bhatt sold 1,330,000 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $128.47, for a total value of $170,865,100.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 3,296,763 shares of company stock worth $414,016,996. Corporate insiders own 14.47% 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.
Read More
- Five stocks we like better than Robinhood Markets
- You Still Think Silver’s a Joke? Watch What Happens Next.
- A U.S. “birthright” claim worth trillions – activated quietly
- A month before the crash
- YDES Could Be 2026’s Biotech Breakthrough
- ALERT: Drop these 5 stocks before January 2026!
Receive News & Ratings for Robinhood Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robinhood Markets and related companies with MarketBeat.com's FREE daily email newsletter.
