Assetmark Inc. Boosts Stock Position in Robinhood Markets, Inc. $HOOD

Assetmark Inc. lifted its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 8.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 146,573 shares of the company’s stock after purchasing an additional 12,015 shares during the quarter. Assetmark Inc.’s holdings in Robinhood Markets were worth $20,986,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of HOOD. Norges Bank purchased a new position in Robinhood Markets during the 2nd quarter worth approximately $973,122,000. Paradigm Operations LP purchased a new stake in shares of Robinhood Markets in the 2nd quarter valued at $308,979,000. Jennison Associates LLC acquired a new stake in shares of Robinhood Markets in the third quarter worth $322,823,000. Invesco Ltd. raised its holdings in shares of Robinhood Markets by 81.0% during the second quarter. Invesco Ltd. now owns 4,942,533 shares of the company’s stock worth $462,769,000 after purchasing an additional 2,212,487 shares during the last quarter. Finally, Amundi raised its holdings in shares of Robinhood Markets by 62.3% during the second quarter. Amundi now owns 4,151,865 shares of the company’s stock worth $406,800,000 after purchasing an additional 1,594,282 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total value of $15,855,600.00. Following the transaction, the insider owned 430,012 shares in the company, valued at approximately $56,817,485.56. This trade represents a 21.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction on 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 sale, 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,537,615 shares of company stock worth $182,272,702. 14.47% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HOOD has been the topic of several recent research reports. Piper Sandler lowered their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday. KeyCorp decreased their price objective on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, February 9th. The Goldman Sachs Group dropped their target price on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday. Needham & Company LLC reduced their price target on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Robinhood Markets in a report on Wednesday. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.95.

Robinhood Markets Stock Up 6.8%

Shares of NASDAQ HOOD opened at $75.97 on Friday. The firm has a market cap of $68.31 billion, a price-to-earnings ratio of 36.88, a price-to-earnings-growth ratio of 1.21 and a beta of 2.43. The company’s 50-day simple moving average is $108.89 and its 200-day simple moving average is $118.24. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86.

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

Key Robinhood Markets News

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

• Positive Sentiment: Large institutional buying signals conviction from some long-term investors — Ark/ Cathie Wood bought roughly $34M of HOOD, which supports a recovery narrative after the crypto-driven sell-off. Cathie Wood Sees Opportunity in Robinhood’s Crypto Weakness
• Positive Sentiment: Some analysts argue the selloff is overblown — Truist told clients the pullback may be excessive and maintained a constructive view despite trimming its price target. That view helps underpin short-term buying. Robinhood (HOOD) Stock Selloff May Be Overblown, Said Truist
• Positive Sentiment: Management is pushing new growth levers (prediction markets, product velocity, international expansion) and outlined a path to $1T in platform assets — these strategic initiatives are being cited as reasons to look past near-term crypto weakness. Robinhood Outlines Path to $1T in Platform Assets
• Positive Sentiment: Multiple analysts and outlets are pitching HOOD as a buy-the-dip opportunity given its growth outside crypto and steep share decline from highs — this is attracting bargain hunters. Why Robinhood’s Near-50% Fall Could Be a Buy-the-Dip Opportunity
• Neutral Sentiment: Truist lowered its price target (from $130 to $120) but kept a Buy rating — that’s a mixed signal: confidence in medium-term upside but recognition of nearer-term risks. Truist Lowers Price Target on HOOD
• Neutral Sentiment: Broader tech and crypto market moves are weighing on HOOD — several pieces note HOOD trading more like bitcoin recently, amplifying volatility that may be unrelated to its core retail brokerage revenue growth. Robinhood’s Stock Is Now Trading Almost Exactly Like Bitcoin
• Negative Sentiment: Q4 results missed revenue expectations as crypto revenue collapsed (~38%), which triggered the initial selloff and investor concern about earnings sensitivity to crypto volumes. That earnings miss remains the primary near-term catalyst for selling pressure. Robinhood Stock Falls as Crypto Revenue Collapses
• Negative Sentiment: Analyst downgrades and negative headlines pushed shares sharply lower after earnings (some reports note ~9% intraday drops), increasing volatility and prompting short-term sellers. Robinhood Stock Down Following Analyst Downgrade

Robinhood Markets 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.