Canvas Wealth Advisors LLC Buys 24,234 Shares of Robinhood Markets, Inc. $HOOD

Canvas Wealth Advisors LLC raised its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 1,495.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,855 shares of the company’s stock after acquiring an additional 24,234 shares during the period. Canvas Wealth Advisors LLC’s holdings in Robinhood Markets were worth $2,924,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HOOD. Vanguard Group Inc. grew its position in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after purchasing an additional 18,824,923 shares in the last quarter. State Street Corp increased its holdings in shares of Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after purchasing an additional 16,375,734 shares during the last quarter. Norges Bank purchased a new stake in shares of Robinhood Markets in the second quarter worth about $973,122,000. Paradigm Operations LP purchased a new stake in shares of Robinhood Markets in the second quarter worth about $308,979,000. Finally, Jennison Associates LLC bought a new position in Robinhood Markets during the third quarter valued at approximately $322,823,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Trading Up 5.0%

Shares of HOOD opened at $72.54 on Thursday. The company’s fifty day simple moving average is $84.06 and its 200-day simple moving average is $112.16. The company has a market cap of $65.31 billion, a P/E ratio of 35.21, a P/E/G ratio of 1.56 and a beta of 2.47. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86.

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

Robinhood Markets News Roundup

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

• Positive Sentiment: Board approved a $1.5 billion share repurchase program, signaling capital-return priority and balance-sheet flexibility; this is the main near‑term catalyst lifting the stock. Robinhood (HOOD) Stock Is Up, What You Need To Know
• Positive Sentiment: Company expanded buyback history with a fresh board authorization that market commentators see as a signal of confidence in cash flow and capital allocation discipline. Robinhood Board of Directors Authorizes New $1.5 Billion Share Repurchase Program
• Positive Sentiment: Product expansion into banking and a new Gold Card could create recurring, non‑trading revenue and cross‑sell opportunities for deposits and debit/card fees. Investors view this as diversification away from volatile crypto/trading revenues. Robinhood Markets Now Offers Banking Services, Gold Card to Streamline Spending, Trading, Investing
• Neutral Sentiment: Pre‑market and intraday moves have been volatile; some headlines emphasize short‑term bounce rather than a durable trend. Will Robinhood’s $1.5 Billion Buyback Help HOOD Stock Recover From 50% Crash?
• Neutral Sentiment: Analysts note the buyback underscores balance‑sheet strength, but its lasting impact is conditional on steady growth in subscriptions, interest income and new product uptake. Robinhood’s New Share Repurchase Plan: A Sustainable Catalyst?
• Negative Sentiment: Shares have suffered a large YTD decline and earlier this week hit 2026 lows; buybacks may support price but don’t address core revenue pressure from crypto and trading volatility. Robinhood Lost 40% YTD Then Decided to Play Banker
• Negative Sentiment: Some outlets note the stock hit lows despite the buyback authorization, highlighting ongoing market skepticism about whether buybacks alone will reverse the downtrend. Robinhood (HOOD) Stock Drops to 2026 Low Despite $1.5B Share Buyback Authorization

Insider Activity

In other news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Steven M. Quirk sold 52,540 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the sale, the insider directly owned 27,564 shares of the company’s stock, valued at $2,420,394.84. This represents a 65.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 469,268 shares of company stock worth $54,409,454 in the last ninety days. 14.47% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Compass Point reissued a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. KeyCorp decreased their price target on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. Argus assumed coverage on shares of Robinhood Markets in a research report on Friday, January 9th. They set a “buy” rating and a $145.00 price objective for the company. Morgan Stanley lifted their price objective on shares of Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a research note on Monday, December 22nd. Finally, Wall Street Zen downgraded shares of Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and an average price target of $120.59.

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.