Dakota Wealth Management Sells 39,059 Shares of Robinhood Markets, Inc. $HOOD

Dakota Wealth Management lessened its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 93.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,620 shares of the company’s stock after selling 39,059 shares during the quarter. Dakota Wealth Management’s holdings in Robinhood Markets were worth $296,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Caisse Des Depots ET Consignations purchased a new stake in Robinhood Markets during the 3rd quarter valued at $3,984,000. Aberdeen Group plc boosted its stake in shares of Robinhood Markets by 565.1% in the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock worth $26,565,000 after buying an additional 157,643 shares during the last quarter. Jennison Associates LLC purchased a new position in shares of Robinhood Markets in the 3rd quarter worth $322,823,000. NEOS Investment Management LLC bought a new stake in shares of Robinhood Markets in the third quarter worth $11,994,000. Finally, New York Life Investment Management LLC purchased a new stake in Robinhood Markets during the third quarter valued at $14,989,000. 93.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total value of $754,900.00. Following the completion of the sale, the insider directly owned 452,849 shares of the company’s stock, valued at approximately $34,185,571.01. This represents a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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. The trade was a 65.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 469,268 shares of company stock valued at $54,409,454. Insiders own 19.95% of the company’s stock.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $69.30 on Wednesday. The business’s fifty day moving average is $80.81 and its 200 day moving average is $110.73. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. The company has a market capitalization of $62.39 billion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 1.47 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS 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 business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the business posted $1.01 earnings per share. The business’s quarterly revenue was up 26.5% on a year-over-year basis. On average, sell-side analysts forecast that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HOOD shares. The Goldman Sachs Group lowered their target price on Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, March 26th. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Mizuho reduced their price target on shares of Robinhood Markets from $135.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, March 13th. Piper Sandler lowered their price objective on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Finally, Barclays dropped their price objective on shares of Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Eighteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets currently has an average rating of “Moderate Buy” and an average target price of $118.00.

Key Robinhood Markets News

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

• Positive Sentiment: Goldman Sachs and other firms flagged Robinhood as an attractive pick within crypto/fintech after sector weakness, which supports a buy case from institutional investors and helps underpin the stock. Goldman Sachs Flags 2 Crypto Stocks Worth Buying After 46% Sector Crash
• Positive Sentiment: Sanford C. Bernstein cut its price target from $160 to $130 but kept an “outperform” rating—a signal that some analysts remain constructive on HOOD’s longer-term upside even after trimming expectations. Bernstein Lowers Price Target
• Neutral Sentiment: Market-data writeups (Zacks/MSN) note recent intraday weakness and a larger-than-market pullback at times, providing context for volatility but not new fundamental developments. Robinhood Registers a Bigger Fall Than the Market
• Neutral Sentiment: Broader coverage about cash-generation and sector rotation notes Robinhood as a cash-producing/turnaround candidate for some investors, a factor that can support interest but is not an immediate catalyst. 1 Cash-Producing Stock Worth Your Attention
• Negative Sentiment: Reports that Robinhood might be excluded from the retail allocation for a potential SpaceX IPO created a “retail access” scare—raising questions about Robinhood’s role in future high-profile listings and potential loss of flow/revenue opportunities (Elon Musk later denied exclusion, but the episode increased uncertainty). Robinhood’s SpaceX Access Scare And What It Signals For Future IPOs
• Negative Sentiment: Related coverage says Morgan Stanley’s E*TRADE could win a preferential role in the SpaceX IPO allocation—if true, that would be a direct competitive hit to Robinhood’s potential fees and retail access narrative. Robinhood Stock Drops. Morgan Stanley’s E*TRADE May Win SpaceX IPO Role
• Negative Sentiment: Baron Capital’s Q4 2025 investor letter flagged softening customer engagement at fintechs, including observations that can weigh on Robinhood’s growth outlook and multiple compression risk. Robinhood Traded Lower Due to Softening Customer Engagement
• Negative Sentiment: High-profile commentary (Jim Cramer) warned the stock “still has room to go down,” which can stoke retail selling and add to short-term downside pressure. Jim Cramer on Robinhood

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.