Canvas Wealth Advisors LLC Acquires 24,234 Shares of Robinhood Markets, Inc. $HOOD

Canvas Wealth Advisors LLC grew its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 1,495.0% in the fourth quarter, Holdings Channel reports. The firm owned 25,855 shares of the company’s stock after acquiring an additional 24,234 shares during the period. Canvas Wealth Advisors LLC’s holdings in Robinhood Markets were worth $2,924,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Valley National Advisers Inc. lifted its holdings 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 buying an additional 100 shares in the last quarter. Golden State Wealth Management LLC boosted its position in Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares during the period. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Robinhood Markets in the 3rd quarter worth about $29,000. Vision Financial Markets LLC grew its stake in Robinhood Markets by 100.0% in the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares in the last quarter. Finally, Guerra Advisors Inc purchased a new position in shares of Robinhood Markets during the third quarter worth approximately $30,000. 93.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 value of $630,262.72. Following the sale, the chief technology officer owned 9,133 shares of the company’s stock, valued at $981,614.84. This trade represents a 39.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 469,268 shares of company stock valued at $54,409,454. 14.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HOOD. Truist Financial decreased their price target on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Barclays reduced their price objective on Robinhood Markets from $159.00 to $124.00 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 target price for the company in a report on Monday, February 9th. Argus initiated coverage on Robinhood Markets in a report on Friday, January 9th. They issued a “buy” rating and a $145.00 target price for the company. Finally, Zacks Research downgraded Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $120.59.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $72.54 on Thursday. The company has a market cap of $65.31 billion, a PE ratio of 35.21, a P/E/G ratio of 1.56 and a beta of 2.47. The firm’s 50 day moving average price is $84.06 and its 200-day moving average price is $112.16. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued 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 company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. Robinhood Markets’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 earnings per share. On average, analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Board approved a $1.5 billion share repurchase program, signaling capital-return priority and balance-sheet flexibility; this is the main near‑term catalyst lifting the stock. Robinhood (HOOD) Stock Is Up, What You Need To Know
• Positive Sentiment: Company expanded buyback history with a fresh board authorization that market commentators see as a signal of confidence in cash flow and capital allocation discipline. Robinhood Board of Directors Authorizes New $1.5 Billion Share Repurchase Program
• Positive Sentiment: Product expansion into banking and a new Gold Card could create recurring, non‑trading revenue and cross‑sell opportunities for deposits and debit/card fees. Investors view this as diversification away from volatile crypto/trading revenues. Robinhood Markets Now Offers Banking Services, Gold Card to Streamline Spending, Trading, Investing
• Neutral Sentiment: Pre‑market and intraday moves have been volatile; some headlines emphasize short‑term bounce rather than a durable trend. Will Robinhood’s $1.5 Billion Buyback Help HOOD Stock Recover From 50% Crash?
• Neutral Sentiment: Analysts note the buyback underscores balance‑sheet strength, but its lasting impact is conditional on steady growth in subscriptions, interest income and new product uptake. Robinhood’s New Share Repurchase Plan: A Sustainable Catalyst?
• Negative Sentiment: Shares have suffered a large YTD decline and earlier this week hit 2026 lows; buybacks may support price but don’t address core revenue pressure from crypto and trading volatility. Robinhood Lost 40% YTD Then Decided to Play Banker
• Negative Sentiment: Some outlets note the stock hit lows despite the buyback authorization, highlighting ongoing market skepticism about whether buybacks alone will reverse the downtrend. Robinhood (HOOD) Stock Drops to 2026 Low Despite $1.5B Share Buyback Authorization

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.