Bank of New York Mellon Corp Purchases 1,276,315 Shares of Robinhood Markets, Inc. $HOOD

Bank of New York Mellon Corp grew its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 49.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,853,317 shares of the company’s stock after purchasing an additional 1,276,315 shares during the quarter. Bank of New York Mellon Corp’s holdings in Robinhood Markets were worth $551,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of HOOD. Jennison Associates LLC bought a new stake in Robinhood Markets during the 3rd quarter valued at about $322,823,000. Coordinated Financial Services Inc. purchased a new position in shares of Robinhood Markets during the second quarter worth approximately $403,000. Allstate Corp bought a new stake in shares of Robinhood Markets during the third quarter valued at approximately $3,860,000. New Wave Wealth Advisors LLC raised its stake in shares of Robinhood Markets by 479.4% during the third quarter. New Wave Wealth Advisors LLC now owns 13,331 shares of the company’s stock valued at $1,909,000 after acquiring an additional 11,030 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Robinhood Markets by 8.5% in the third quarter. Asset Management One Co. Ltd. now owns 304,424 shares of the company’s stock valued at $43,587,000 after purchasing an additional 23,737 shares during the period. 93.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on HOOD. Cantor Fitzgerald upgraded Robinhood Markets to a “strong-buy” rating in a report on Tuesday. Mizuho increased their price target on Robinhood Markets from $145.00 to $172.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Barclays decreased their price objective on Robinhood Markets from $171.00 to $159.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Keefe, Bruyette & Woods upped their price objective on shares of Robinhood Markets from $121.00 to $135.00 and gave the stock a “market perform” rating in a research note on Thursday, November 6th. Finally, Loop Capital set a $152.00 target price on shares of Robinhood Markets in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $136.62.

Insiders Place Their Bets

In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $107.48, for a total value of $630,262.72. Following the completion of the sale, the chief technology officer owned 9,133 shares of the company’s stock, valued at approximately $981,614.84. This trade represents a 39.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The SEC filing for this sale provides additional information. Insiders sold 2,878,425 shares of company stock worth $358,100,808 over the last quarter. Company insiders own 19.95% of the company’s stock.

Robinhood Markets Price Performance

HOOD opened at $103.40 on Thursday. The firm has a market capitalization of $92.98 billion, a PE ratio of 42.90, a price-to-earnings-growth ratio of 1.64 and a beta of 2.44. The business’s 50-day moving average is $118.29 and its two-hundred day moving average is $119.86. Robinhood Markets, Inc. has a 1 year low of $29.66 and a 1 year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the firm posted $0.17 earnings per share. The company’s quarterly revenue was up 100.0% on a year-over-year basis. As a group, sell-side analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Needham reaffirmed a “buy” and set a $135 price target, signaling ~30% upside from current levels and supporting upside expectations from research coverage. Read More.
• Positive Sentiment: Cantor Fitzgerald upgraded HOOD to “strong-buy,” adding institutional momentum to the stock narrative and potentially attracting flow from model-driven funds. Read More.
• Positive Sentiment: Zacks publishes a favorable longer-term view — framing Robinhood’s evolution from discount broker to a broader fintech platform — which supports multiple growth levers (crypto, global expansion, new products). Read More.
• Neutral Sentiment: Analysts and commentaries note HOOD’s 105.6% one‑year gain; debate centers on whether current multiples already price in crypto tailwinds and expansion — watch guidance and margin cadence for validation. Read More.
• Neutral Sentiment: Comparative pieces (SCHW vs HOOD) highlight valuation and product differences — useful for relative‑value investors weighing Robinhood’s growth premium vs. incumbents. Read More.
• Neutral Sentiment: Wider market commentary (Nasdaq/AI themes) may lift growth‑oriented fintech names, including HOOD, but exposure depends on beta to tech and crypto performance. Read More.
• Neutral Sentiment: MarketBeat notes Capital One’s acquisition of Brex — Brex counts Robinhood as a customer — so shifts in corporate payments and bank consolidation could have mixed implications for Robinhood’s B2B relationships. Read More.
• Negative Sentiment: Robinhood was singled out in a Zacks piece noting it “fell more than the broader market,” underscoring short‑term volatility and investor sensitivity to news flow and trading volumes. Read More.
• Negative Sentiment: Insider selling: CTO Jeffrey Pinner sold 5,864 shares (~39% reduction of his holding), a disclosed SEC Form 4 that can create short‑term selling pressure or signal personal liquidity needs. Read More.

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.