Bleakley Financial Group LLC Boosts Stake in Robinhood Markets, Inc. $HOOD

Bleakley Financial Group LLC lifted its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 66.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,101 shares of the company’s stock after purchasing an additional 10,001 shares during the quarter. Bleakley Financial Group LLC’s holdings in Robinhood Markets were worth $2,839,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HOOD. Vanguard Group Inc. grew its holdings in shares of Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after purchasing an additional 18,824,923 shares in the last quarter. State Street Corp grew its holdings in shares of Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after purchasing an additional 16,375,734 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Robinhood Markets by 95.7% in the fourth quarter. Jennison Associates LLC now owns 4,412,036 shares of the company’s stock valued at $499,001,000 after purchasing an additional 2,157,372 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Robinhood Markets by 48.5% in the third quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock valued at $881,608,000 after purchasing an additional 2,011,820 shares in the last quarter. Finally, Clear Street Group Inc. purchased a new position in shares of Robinhood Markets in the third quarter valued at $241,200,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total transaction of $768,900.00. Following the transaction, the insider owned 432,849 shares of the company’s stock, valued at approximately $33,281,759.61. This represents a 2.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 8,540 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $84.93, for a total value of $725,302.20. Following the transaction, the insider directly owned 53,183 shares in the company, valued at approximately $4,516,832.19. This represents a 13.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 560,765 shares of company stock valued at $40,946,840. 14.47% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HOOD. Cantor Fitzgerald reissued an “overweight” rating and issued a $110.00 target price on shares of Robinhood Markets in a report on Wednesday, April 29th. The Goldman Sachs Group restated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday. JPMorgan Chase & Co. decreased their price objective on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Truist Financial decreased their price objective on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Finally, Barclays decreased their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.

Robinhood Markets News Summary

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

• Positive Sentiment: Robinhood launched tools that allow AI agents to trade stocks on behalf of users, which could increase platform usage and attract tech-savvy retail traders. Reuters article
• Positive Sentiment: The company also extended AI-agent functionality to credit card purchases, broadening the product ecosystem and highlighting a possible first-mover advantage in “agentic” finance. CNBC article
• Positive Sentiment: Media coverage framed the launch as a major step in AI-driven consumer finance, reinforcing bullish sentiment around Robinhood’s ability to innovate and capture new users. TechCrunch article
• Neutral Sentiment: Robinhood also drew attention for its role in the new Trump Accounts mobile app, but this appears more like a separate product/partnership headline than a direct near-term stock catalyst. Fox Business article
• Neutral Sentiment: Analyst commentary and comparison pieces kept Robinhood in the spotlight, but the main trading driver today appears to be the AI-agent announcement rather than a fundamentals update. Zacks article

Robinhood Markets Stock Performance

HOOD opened at $76.23 on Thursday. The stock has a market cap of $68.65 billion, a price-to-earnings ratio of 36.83, a P/E/G ratio of 2.25 and a beta of 2.29. The stock’s 50 day moving average price is $76.09 and its 200-day moving average price is $94.83. Robinhood Markets, Inc. has a one year low of $62.92 and a one year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.37 EPS. As a group, analysts predict that Robinhood Markets, Inc. will post 1.88 earnings per share for the current fiscal 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.