Robinhood Markets, Inc. $HOOD Stock Holdings Lifted by Andra AP fonden

Andra AP fonden raised its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,800 shares of the company’s stock after purchasing an additional 13,100 shares during the quarter. Andra AP fonden’s holdings in Robinhood Markets were worth $22,710,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC grew its stake in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC boosted its stake in shares of Robinhood Markets by 527.8% during the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of Robinhood Markets during the 4th quarter worth about $27,000. Godsey & Gibb Inc. bought a new stake in shares of Robinhood Markets during the 4th quarter worth about $28,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Robinhood Markets by 90.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock worth $28,000 after acquiring an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Robinhood’s securities division was reportedly approved to underwrite IPOs, potentially unlocking a new, higher-margin revenue stream and supporting its “super app” ambitions. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Needham raised its price target on HOOD to $97 and kept a buy rating, reinforcing the bullish case after the company’s latest strategic moves. Needham Raises Robinhood Price Target
• Positive Sentiment: Director Meyer Malka bought 250,000 shares, signaling insider confidence in Robinhood’s outlook. Insider Trade: Meyer Malka Purchases Shares
• Positive Sentiment: Coverage highlighting Robinhood’s prediction-markets push and product expansion suggests Wall Street sees additional growth avenues that may not yet be fully priced in. HOOD Stock Gains Overnight: Cathie Wood’s ARK Sells Shares Even As Robinhood Stacks Up Fresh Catalysts
• Neutral Sentiment: Recent articles also framed HOOD as a debated stock with bullish and bearish views, but those pieces did not add fresh fundamental data beyond the new catalyst headlines. Is Robinhood Markets, Inc. (HOOD) A Good Stock To Buy Now?
• Negative Sentiment: Some commentary still points to pressure from Robinhood’s crypto exposure and prior bearish ratings, which could temper enthusiasm if trading activity slows. Bear of the Day: Robinhood Markets (HOOD)

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $92.23 on Friday. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86. The stock has a market capitalization of $83.05 billion, a PE ratio of 44.56, a P/E/G ratio of 2.16 and a beta of 2.35. The stock has a 50-day simple moving average of $79.63 and a 200 day simple moving average of $92.17.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company’s revenue was up 15.1% on a year-over-year basis. During the same period last year, the company earned $0.37 EPS. As a group, equities research analysts forecast that Robinhood Markets, Inc. will post 1.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HOOD has been the subject of several recent analyst reports. Citigroup reiterated a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. Citizens Jmp reiterated a “market outperform” rating and set a $155.00 price target on shares of Robinhood Markets in a research note on Thursday, May 28th. Argus decreased their price target on Robinhood Markets from $102.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Finally, Jefferies Financial Group decreased their price target on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.73.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, Director Baiju Bhatt sold 67,422 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total value of $5,082,270.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Meyer Malka purchased 250,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was purchased at an average cost of $80.74 per share, with a total value of $20,185,000.00. Following the acquisition, the director owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. This represents a 6.80% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 680,000 shares of company stock worth $55,306,560 and have sold 571,602 shares worth $41,959,746. Insiders own 14.47% of the company’s stock.

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.