Robinhood Markets, Inc. $HOOD Shares Sold by ARK Investment Management LLC

ARK Investment Management LLC lessened its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 35.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,017,044 shares of the company’s stock after selling 2,768,820 shares during the period. Robinhood Markets makes up 4.3% of ARK Investment Management LLC’s portfolio, making the stock its 6th largest position. ARK Investment Management LLC’s holdings in Robinhood Markets were worth $718,340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after purchasing an additional 18,824,923 shares during the period. Norges Bank purchased a new position in Robinhood Markets during the 2nd quarter worth $973,122,000. Paradigm Operations LP acquired a new stake in shares of Robinhood Markets in the 2nd quarter worth $308,979,000. Jennison Associates LLC purchased a new stake in shares of Robinhood Markets in the third quarter valued at about $322,823,000. Finally, Invesco Ltd. increased its stake in shares of Robinhood Markets by 81.0% during the second quarter. Invesco Ltd. now owns 4,942,533 shares of the company’s stock worth $462,769,000 after acquiring an additional 2,212,487 shares during the period. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the transaction, the insider owned 403,612 shares of the company’s stock, valued at approximately $49,071,146.96. This represents a 2.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven M. Quirk sold 52,540 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the sale, the insider owned 27,564 shares in the company, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 470,997 shares of company stock worth $55,147,954. Corporate insiders own 14.47% 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 Analyst Weigh In

A number of equities research analysts have weighed in on the company. Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Piper Sandler dropped their price objective on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price objective for the company in a research report on Monday, February 9th. Barclays decreased their target price on shares of Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Finally, Keefe, Bruyette & Woods increased their price target 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. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus target price of $121.71.

Robinhood Markets Stock Up 8.1%

NASDAQ HOOD opened at $82.21 on Thursday. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. The business has a fifty day moving average of $96.71 and a 200-day moving average of $115.30. The stock has a market cap of $74.01 billion, a price-to-earnings ratio of 39.91, a price-to-earnings-growth ratio of 1.54 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.During the same quarter last year, the business posted $1.01 EPS. The firm’s quarterly revenue was up 26.5% compared to the same quarter last year. As a group, analysts anticipate that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

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.