Federated Hermes Inc. Buys 588,343 Shares of Robinhood Markets, Inc. $HOOD

Federated Hermes Inc. grew its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 919.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 652,300 shares of the company’s stock after acquiring an additional 588,343 shares during the period. Federated Hermes Inc. owned 0.07% of Robinhood Markets worth $93,396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of HOOD. Vanguard Group Inc. raised its position in Robinhood Markets by 1.8% in 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 increased its stake in shares of Robinhood Markets by 9.2% in the 2nd quarter. State Street Corp now owns 15,870,421 shares of the company’s stock valued at $1,485,948,000 after buying an additional 1,341,204 shares during the period. Geode Capital Management LLC raised its position 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 acquiring an additional 507,926 shares during the last quarter. WCM Investment Management LLC lifted 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 valued at $1,081,910,000 after acquiring an additional 11,244,182 shares during the period. Finally, Norges Bank bought a new position in Robinhood Markets in the second quarter valued at about $973,122,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Robinhood Markets news, Director Baiju Bhatt sold 1,330,000 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $128.47, for a total value of $170,865,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,878,425 shares of company stock valued at $358,100,808 in the last three months. Insiders own 19.95% of the company’s stock.

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD opened at $103.40 on Thursday. The company has a 50 day moving average price of $118.29 and a two-hundred day moving average price of $119.86. The company has a market capitalization of $92.98 billion, a PE ratio of 42.90, a PEG ratio of 1.64 and a beta of 2.44. Robinhood Markets, Inc. has a 52 week low of $29.66 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the business earned $0.17 EPS. The firm’s revenue was up 100.0% on a year-over-year basis. On average, sell-side analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Key Headlines Impacting Robinhood Markets

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Needham reaffirmed a “buy” and set a $135 price target, signaling ~30% upside from current levels and supporting upside expectations from research coverage. Read More.
• Positive Sentiment: Cantor Fitzgerald upgraded HOOD to “strong-buy,” adding institutional momentum to the stock narrative and potentially attracting flow from model-driven funds. Read More.
• Positive Sentiment: Zacks publishes a favorable longer-term view — framing Robinhood’s evolution from discount broker to a broader fintech platform — which supports multiple growth levers (crypto, global expansion, new products). Read More.
• Neutral Sentiment: Analysts and commentaries note HOOD’s 105.6% one‑year gain; debate centers on whether current multiples already price in crypto tailwinds and expansion — watch guidance and margin cadence for validation. Read More.
• Neutral Sentiment: Comparative pieces (SCHW vs HOOD) highlight valuation and product differences — useful for relative‑value investors weighing Robinhood’s growth premium vs. incumbents. Read More.
• Neutral Sentiment: Wider market commentary (Nasdaq/AI themes) may lift growth‑oriented fintech names, including HOOD, but exposure depends on beta to tech and crypto performance. Read More.
• Neutral Sentiment: MarketBeat notes Capital One’s acquisition of Brex — Brex counts Robinhood as a customer — so shifts in corporate payments and bank consolidation could have mixed implications for Robinhood’s B2B relationships. Read More.
• Negative Sentiment: Robinhood was singled out in a Zacks piece noting it “fell more than the broader market,” underscoring short‑term volatility and investor sensitivity to news flow and trading volumes. Read More.
• Negative Sentiment: Insider selling: CTO Jeffrey Pinner sold 5,864 shares (~39% reduction of his holding), a disclosed SEC Form 4 that can create short‑term selling pressure or signal personal liquidity needs. Read More.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HOOD. Zacks Research cut Robinhood Markets from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Barclays dropped their price target on shares of Robinhood Markets from $171.00 to $159.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Robinhood Markets in a research note on Wednesday. Dbs Bank raised shares of Robinhood Markets to a “moderate buy” rating in a report on Wednesday, November 12th. Finally, Truist Financial started coverage on Robinhood Markets in a research note on Wednesday, December 17th. They issued a “buy” rating and a $155.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.62.

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.