Assenagon Asset Management S.A. Acquires 125,091 Shares of Robinhood Markets, Inc. $HOOD

Assenagon Asset Management S.A. grew its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 22.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 686,077 shares of the company’s stock after purchasing an additional 125,091 shares during the quarter. Assenagon Asset Management S.A. owned about 0.08% of Robinhood Markets worth $77,595,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in HOOD. North Star Investment Management Corp. increased its holdings in Robinhood Markets by 44.9% in the third quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after purchasing an additional 79 shares during the last quarter. First Command Advisory Services Inc. boosted its holdings in Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock worth $46,000 after buying an additional 81 shares during the last quarter. CogentBlue Wealth Advisors LLC boosted its holdings in Robinhood Markets by 3.8% during the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after buying an additional 87 shares during the last quarter. ORG Partners LLC grew its position in shares of Robinhood Markets by 5.5% during the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after buying an additional 97 shares during the period. Finally, 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. 93.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citizens Jmp reiterated a “market outperform” rating and issued a $180.00 price target on shares of Robinhood Markets in a research report on Wednesday, February 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Robinhood Markets in a report on Monday, December 22nd. Mizuho lowered their target price on shares of Robinhood Markets from $135.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Wall Street Zen lowered shares of Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Morgan Stanley lifted their price target on shares of Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a research report on Monday, December 22nd. Seventeen analysts have rated the stock with a Buy rating, six have given 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 target price of $120.59.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Board authorizes up to $1.5 billion share buyback, which boosts cash-return potential and supports EPS / shareholder confidence. Article Title
• Neutral Sentiment: Analyst activity is mixed: some firms (e.g., Mizuho) have reiterated positive ratings but trimmed price targets amid the stock’s recent weakness — a signal that upside is still expected but at a reset valuation. Article Title
• Neutral Sentiment: Coverage pieces and value-comparison write-ups are circulating (EVR vs HOOD, “has the market overreacted?” analyses) that may bring speculative trading and headlines but not immediate fundamental change. Article Title
• Neutral Sentiment: Reported spikes in short interest were posted in multiple feeds, but the underlying numbers appear inconsistent/erroneous (zero shares / NaN increases and 0 days-to-cover across reports), making it unclear whether short sellers are materially pressuring the stock right now.
• Negative Sentiment: Regulatory risk: reports that the Senate is moving to restrict prediction markets (a business area for Robinhood and peers) could hit future product expansion and revenue potential if new rules curb growth. Article Title
• Negative Sentiment: Sentiment and positioning concerns: commentary noting large YTD share declines and Robinhood’s strategic pivot toward banking/cards highlight execution risk and investor skepticism about sustainability of growth after crypto revenue declines. Article Title
• Negative Sentiment: Market reaction/context piece: a headline noting today’s dip (HOOD down more than the broader market) underscores that investor flows and sentiment — not just fundamentals — are amplifying volatility. Article Title

Insider Activity at Robinhood Markets

In related news, insider Steven M. Quirk sold 52,540 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were 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 approximately $2,420,394.84. The trade was a 65.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction 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 completion of the transaction, the chief technology officer directly owned 9,133 shares of the company’s stock, valued at approximately $981,614.84. The trade was a 39.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 469,268 shares of company stock worth $54,409,454 over the last three months. 19.95% of the stock is currently owned by insiders.

Robinhood Markets Price Performance

NASDAQ:HOOD opened at $69.08 on Wednesday. The business’s 50-day simple moving average is $85.01 and its 200-day simple moving average is $112.43. 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 capitalization of $62.19 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 1.64 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $1.32 billion. During the same period last year, the company posted $1.01 EPS. The business’s quarterly revenue was up 26.5% on a year-over-year basis. On average, research analysts expect that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

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.