First Trust Advisors LP Buys 96,040 Shares of Robinhood Markets, Inc. $HOOD

First Trust Advisors LP grew its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 10.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,005,922 shares of the company’s stock after acquiring an additional 96,040 shares during the quarter. First Trust Advisors LP owned 0.11% of Robinhood Markets worth $144,028,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Orleans Capital Management Corp LA bought a new position in Robinhood Markets during the 3rd quarter worth approximately $228,000. Ramirez Asset Management Inc. increased its stake in Robinhood Markets by 51.9% in the third quarter. Ramirez Asset Management Inc. now owns 2,734 shares of the company’s stock valued at $391,000 after purchasing an additional 934 shares in the last quarter. Left Brain Wealth Management LLC raised its holdings in Robinhood Markets by 1.7% in the third quarter. Left Brain Wealth Management LLC now owns 88,709 shares of the company’s stock worth $12,701,000 after purchasing an additional 1,514 shares during the period. Sunpointe LLC acquired a new stake in Robinhood Markets in the third quarter worth $1,210,000. Finally, Walled Lake Planning & Wealth Management LLC bought a new position in shares of Robinhood Markets during the third quarter worth $346,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HOOD has been the subject of several research analyst reports. Wall Street Zen lowered shares of Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Mizuho reduced their target price on Robinhood Markets from $172.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. The Goldman Sachs Group decreased their target price on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Needham & Company LLC lowered their price target on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Robinhood Markets currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.73.

Insider Transactions at Robinhood Markets

In related news, insider Steven M. Quirk sold 52,540 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the completion of the transaction, the insider directly owned 27,564 shares in the company, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.58, for a total value of $1,215,800.00. Following the completion of the sale, the insider directly owned 403,612 shares in the company, valued at approximately $49,071,146.96. This represents a 2.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 475,132 shares of company stock valued at $55,127,149 over the last three months. 19.95% of the stock is currently owned by corporate insiders.

Robinhood Markets News Summary

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

• Positive Sentiment: New premium push — Robinhood is rolling out a $695 Platinum credit card, Family Hub custodial/trust accounts and an Early Dividends feature aimed at higher‑income customers; investors see these as revenue diversification beyond trading. Robinhood Tests New Premium Services
• Positive Sentiment: Product launches lifted short‑term sentiment — Coverage and early market reaction to the premium offers and family features drove intraday buying in recent sessions as the company targets more lucrative customer segments. Benzinga Coverage
• Neutral Sentiment: Robinhood Ventures Fund I (RVI) IPO priced — RVI priced at $25/share, sizing the vehicle at about $658.4M (up to ~$705.7M with greenshoe). The fund gives retail access to private companies and supports Robinhood’s venture ecosystem, but it sits outside the core brokerage P&L. RVI IPO Pricing
• Negative Sentiment: RVI’s poor debut dented sentiment — The publicly traded venture vehicle fell ~11% on its first day, which can sour investor sentiment about Robinhood’s private‑market experiment and reduce enthusiasm around related announcements. CNBC: RVI Tanks 11%
• Negative Sentiment: Insider sale — An insider sold 10,000 shares (~$754.9k) at about $75.49 earlier this week; while not large relative to total holdings, such sales can amplify near‑term caution. Insider Sale Filing
• Negative Sentiment: Recent fundamentals & valuation risks — Q4 EPS beat but revenue slightly missed (crypto transaction revenue weakness); HOOD still trades at a premium versus peers, leaving the stock vulnerable if growth or crypto activity slips. Fool: Revenue/crypto context

Robinhood Markets Trading Down 4.3%

HOOD opened at $77.09 on Monday. The stock has a market capitalization of $69.40 billion, a P/E ratio of 37.42, a P/E/G ratio of 1.59 and a beta of 2.47. Robinhood Markets, Inc. has a 12 month low of $29.66 and a 12 month high of $153.86. The firm’s fifty day simple moving average is $95.09 and its 200 day simple moving average is $114.92.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the company earned $1.01 EPS. The company’s revenue was up 26.5% on a year-over-year basis. On average, equities research analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Robinhood Markets Company Profile

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.