Amova Asset Management Americas Inc. Cuts Stake in Robinhood Markets, Inc. $HOOD

Amova Asset Management Americas Inc. lessened its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 30.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,377,998 shares of the company’s stock after selling 2,382,268 shares during the quarter. Robinhood Markets accounts for about 7.5% of Amova Asset Management Americas Inc.’s investment portfolio, making the stock its biggest holding. Amova Asset Management Americas Inc.’s holdings in Robinhood Markets were worth $769,753,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in HOOD. North Star Investment Management Corp. lifted its position in Robinhood Markets by 44.9% in the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after acquiring an additional 79 shares in the last quarter. First Command Advisory Services Inc. raised its stake in shares of Robinhood Markets by 33.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares during the period. CogentBlue Wealth Advisors LLC lifted its holdings in shares of Robinhood Markets by 3.8% in the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock valued at $342,000 after purchasing an additional 87 shares in the last quarter. ORG Partners LLC boosted its position in shares of Robinhood Markets by 5.5% during the third 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 holdings in shares of Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood launched a new premium Platinum credit card aimed at high‑income customers, signaling a push to win affluent clients and capture more consumer wallet share; this expands revenue potential beyond trading. Robinhood targets wealthy customers with new Platinum credit card
• Positive Sentiment: The company is unveiling multiple new products at a high‑profile launch event (JFK), which has generated positive investor buzz and helped lift the stock as traders anticipate new monetization paths. Robinhood Stock Takes Flight Ahead of Product Launch Event
• Positive Sentiment: Robinhood is piloting an advisor referral network and articulating a “financial super app” strategy (banking, investing, AI tools), which, if executed, could increase customer lifetime value and diversify fee streams. Robinhood Tests Advisor Network As Super App Vision Shapes Growth Story
• Positive Sentiment: Cryptocurrency price recovery (notably Bitcoin) boosted crypto‑related securities and trading activity, providing a short‑term tailwind to Robinhood’s transaction revenue and driving intraday gains. Why Are Robinhood (HOOD) Shares Soaring Today
• Positive Sentiment: High‑profile endorsements and bullish commentary (e.g., Jim Cramer) are amplifying investor optimism about Robinhood’s long‑term position in retail finance and its product roadmap. Jim Cramer on Robinhood: “They Own the Future”
• Neutral Sentiment: Robinhood is attracting heightened retail and media attention (noted by outlets like Zacks), which increases trading volume and volatility but is not a direct fundamental driver. Investors Heavily Search Robinhood Markets, Inc. (HOOD): Here is What You Need to Know
• Negative Sentiment: Execution and competition risk: the premium credit card and super‑app moves put Robinhood up against entrenched players (AmEx, JPMorgan, established RIA channels); failure to attract wealthy customers or monetize new services would pressure expectations. Robinhood launches new platinum credit card aimed at wealthy customers

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on HOOD shares. Citizens Jmp restated a “market outperform” rating and issued a $180.00 target price on shares of Robinhood Markets in a research note on Wednesday, February 11th. Keefe, Bruyette & Woods lifted their price objective on shares of Robinhood Markets from $121.00 to $135.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. Wolfe Research upgraded shares of Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price for the company in a report on Monday, February 9th. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Finally, Dbs Bank raised shares of Robinhood Markets to a “moderate buy” rating in a research report on Wednesday, November 12th. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $121.71.

Insiders Place Their Bets

In related news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $107.48, for a total value of $630,262.72. Following the transaction, the chief technology officer owned 9,133 shares in the company, valued at approximately $981,614.84. This represents a 39.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.63, for a total transaction of $45,611,250.00. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 470,997 shares of company stock worth $55,147,954. Company insiders own 14.47% of the company’s stock.

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $82.21 on Thursday. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86. The stock has a market cap of $74.01 billion, a price-to-earnings ratio of 39.91, a PEG ratio of 1.54 and a beta of 2.47. The firm’s 50-day moving average is $96.71 and its 200-day moving average is $115.30.

Robinhood Markets (NASDAQ:HOOD) 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 return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the business earned $1.01 earnings per share. The business’s revenue was up 26.5% compared to the same quarter last year. Sell-side analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal 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.