Robinhood Markets, Inc. $HOOD Shares Sold by Atika Capital Management LLC

Atika Capital Management LLC trimmed its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 44.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,000 shares of the company’s stock after selling 97,100 shares during the period. Robinhood Markets accounts for about 1.4% of Atika Capital Management LLC’s holdings, making the stock its 24th largest holding. Atika Capital Management LLC’s holdings in Robinhood Markets were worth $17,325,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Caisse Des Depots ET Consignations purchased a new position in shares of Robinhood Markets in the 3rd quarter valued at $3,984,000. Aberdeen Group plc lifted its position in Robinhood Markets by 565.1% in the third quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock valued at $26,565,000 after acquiring an additional 157,643 shares during the last quarter. Jennison Associates LLC acquired a new position in Robinhood Markets in the third quarter valued at $322,823,000. New York Life Investment Management LLC acquired a new position in Robinhood Markets in the third quarter valued at $14,989,000. Finally, NEOS Investment Management LLC purchased a new position in shares of Robinhood Markets during the third quarter worth about $11,994,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Transactions at Robinhood Markets

In other news, insider Steven M. Quirk sold 52,540 shares of the firm’s stock in a transaction dated 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 transaction, the insider directly owned 27,564 shares in the company, valued at $2,420,394.84. This trade represents a 65.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $107.48, for a total transaction of $630,262.72. Following the sale, the chief technology officer directly owned 9,133 shares of the company’s stock, valued at approximately $981,614.84. This trade represents a 39.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 475,132 shares of company stock valued at $55,127,149. Corporate insiders own 14.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on HOOD. Sanford C. Bernstein reiterated an “outperform” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Cantor Fitzgerald dropped their price target on Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Wolfe Research raised Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price target on the stock in a research report on Monday, February 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Robinhood Markets in a research note on Monday, December 22nd. Finally, Needham & Company LLC decreased their price objective on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $121.73.

Robinhood Markets Stock Up 0.2%

NASDAQ:HOOD opened at $78.69 on Thursday. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. The stock has a market cap of $70.85 billion, a PE ratio of 38.20, a price-to-earnings-growth ratio of 1.77 and a beta of 2.47. The firm’s fifty day simple moving average is $92.91 and its 200-day simple moving average is $114.26.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The business’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 firm earned $1.01 EPS. Equities analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Banking unit momentum — Robinhood’s banking arm surpassed $1 billion in customer deposits and 65k customers, strengthening core funding, deposit income potential and cross‑sell opportunities. Robinhood banking unit crosses $1 bln in deposits, 65k customers, CEO Tenev says
• Positive Sentiment: Lower short interest — February short interest fell ~12.8% to ~30.13M shares (about 4.2% of shares), cutting a common near‑term selling pressure vector and reducing days‑to‑cover to ~1.2. (Data release)
• Positive Sentiment: Product & revenue diversification — Robinhood is expanding beyond trading (venture fund, premium Platinum card) and scaling prediction‑market products that management says are already meaningful, which supports revenue multiple expansion if adoption continues. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: Prediction‑market sales traction — coverage notes prediction markets are already annualizing at material levels (reported ~$435M annualized in recent commentary), giving a new high‑growth revenue stream inside an already profitable platform.
• Neutral Sentiment: Analyst backdrop & technicals — some analysts see >50% upside to ~ $120 consensus targets and the stock is described as consolidating after a large 2026 drawdown; this sets a narrative of upside if execution holds. Robinhood Markets, Inc. (HOOD) Aims to Become a “Financial Super App” with 20%+ Growth
• Neutral Sentiment: Industry attention & framing — multiple market pieces are positioning Robinhood as part of broader themes (AI, prediction markets, “super app”), which can attract long‑only thematic flows but also increase scrutiny. (Investor press coverage)
• Negative Sentiment: Regulatory/legal risk on prediction markets — CEO commentary about turning Robinhood into a prediction‑markets “super app” has reignited debate over whether prediction contracts cross into gambling; former public officials have warned of state‑level legal challenges, which could slow rollouts or increase compliance costs. Robinhood’s CEO Has A ‘Super App’ Vision For Prediction Markets

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.