IFP Advisors Inc decreased its position in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 62.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,316 shares of the company’s stock after selling 15,646 shares during the period. IFP Advisors Inc’s holdings in Robinhood Markets were worth $1,334,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. lifted its position in Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Golden State Wealth Management LLC grew its position in shares of Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the period. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Robinhood Markets during the third quarter worth approximately $29,000. Vision Financial Markets LLC lifted its holdings in Robinhood Markets by 100.0% in the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after buying an additional 100 shares during the period. Finally, Guerra Advisors Inc acquired a new position in Robinhood Markets in the third quarter valued at approximately $30,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.
Key Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood is rolling out a “Social” beta (verified trader profiles, live trade sharing and copy/track features). Management says the feature is aimed at raising engagement and in‑app trading frequency — a direct potential driver of transaction and subscription revenue if retention and DAU/TRADE lift. Article Title
- Positive Sentiment: Analyst consensus and institutional backing remain supportive: several firms maintain buy ratings and the average one‑year target (~$120.59) implies significant upside versus current levels; Robinhood is also a meaningful holding in funds like ARKK, which can attract episodic inflows. Article Title
- Neutral Sentiment: Valuation and strategic expansion commentary is mixed — coverage highlights new product experiments (platinum card, tokenized stocks, prediction markets) that could expand TAM but also note a recent cooldown in the share price and stretched multiples versus near‑term fundamentals. Article Title
- Neutral Sentiment: Crypto market swings are mixed — Bitcoin strength can boost crypto trading volumes on Robinhood, but volatility across ETH/XRP and episodic corrections create an uncertain short‑term impact on revenue. Article Title
- Negative Sentiment: Insider selling: CFO Shiv Verma disclosed sales of ~5,438 shares in mid‑March. While not huge relative to institutional holdings, insider sales can be read negatively by short‑term traders. Article Title
- Negative Sentiment: Analyst price target trim: Mizuho recently cut its HOOD target (from $135 to $110), citing weaker equity and options activity in February — a signal that near‑term trading volumes could disappoint and pressure revenue. Article Title
- Negative Sentiment: Sector/ETF pressure: HOOD has been pulled lower with tech and ARKK’s recent rotation; continued risk‑off flows or a prolonged tech drawdown would keep shares under pressure despite company‑level positives. Article Title
Insiders Place Their Bets
Robinhood Markets Stock Performance
Shares of NASDAQ:HOOD opened at $70.89 on Monday. The company has a 50 day moving average price of $86.93 and a two-hundred day moving average price of $112.87. The company has a market capitalization of $63.82 billion, a PE ratio of 34.41, a PEG ratio of 1.60 and a beta of 2.47. Robinhood Markets, Inc. has a 52 week low of $29.66 and a 52 week high of $153.86.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping 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 company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the firm posted $1.01 earnings per share. The business’s quarterly revenue was up 26.5% compared to the same quarter last year. On average, sell-side analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research firms have commented on HOOD. Loop Capital set a $130.00 target price on shares of Robinhood Markets in a report on Monday, February 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Robinhood Markets in a research note on Monday, December 22nd. Mizuho decreased their price objective on Robinhood Markets from $135.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. New Street Research set a $122.00 price objective on Robinhood Markets in a report on Thursday, March 5th. Finally, Cantor Fitzgerald cut their target price 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. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $120.59.
View Our Latest Analysis on Robinhood Markets
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.
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