Capricorn Fund Managers Ltd Buys Shares of 123,500 Robinhood Markets, Inc. $HOOD

Capricorn Fund Managers Ltd purchased a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) during the first quarter, according to its most recent filing with the SEC. The firm purchased 123,500 shares of the company’s stock, valued at approximately $8,559,000. Robinhood Markets accounts for 1.3% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 26th biggest holding.

Several other large investors have also recently made changes to their positions in HOOD. CYBER HORNET ETFs LLC boosted its position in Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares in the last quarter. Swiss RE Ltd. bought a new position in Robinhood Markets in the fourth quarter worth about $27,000. MV Capital Management Inc. bought a new position in Robinhood Markets in the fourth quarter worth about $27,000. Elyxium Wealth LLC bought a new position in Robinhood Markets in the fourth quarter worth about $27,000. Finally, Sound Income Strategies LLC lifted its position in shares of Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after buying an additional 145 shares during the last quarter. 93.27% of the stock is owned by institutional investors.

Robinhood Markets Stock Down 1.5%

HOOD opened at $100.28 on Wednesday. The company has a market cap of $90.30 billion, a P/E ratio of 48.44, a price-to-earnings-growth ratio of 2.39 and a beta of 2.35. The firm’s 50-day moving average price is $86.34 and its 200-day moving average price is $89.60. Robinhood Markets, Inc. has a 52-week low of $63.51 and a 52-week 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 company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. On average, research analysts anticipate that Robinhood Markets, Inc. will post 1.81 EPS for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In related news, insider Steven M. Quirk sold 10,837 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total value of $931,006.67. Following the transaction, the insider directly owned 81,989 shares of the company’s stock, valued at $7,043,674.99. This represents a 11.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 3,984 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $98.84, for a total value of $393,778.56. Following the completion of the transaction, the chief financial officer owned 59,927 shares of the company’s stock, valued at $5,923,184.68. This trade represents a 6.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 633,484 shares valued at $47,542,923. 19.95% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HOOD has been the topic of a number of analyst reports. Needham & Company LLC lifted their price objective on shares of Robinhood Markets from $85.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. JPMorgan Chase & Co. decreased their target price on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Robinhood Markets from $105.00 to $113.00 and gave the company a “buy” rating in a research note on Tuesday. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $130.00 price target on shares of Robinhood Markets in a report on Tuesday, April 14th. Finally, Jefferies Financial Group reduced their price target on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Twenty equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus price target of $114.35.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Deutsche Bank raised its price target on Robinhood and reiterated a buy rating, signaling more upside from current levels. Benzinga article
• Positive Sentiment: Goldman Sachs also lifted its price target and kept a buy rating, adding to the case that Wall Street sees further appreciation ahead. Benzinga article
• Positive Sentiment: Recent coverage highlighted Robinhood’s strong June trading activity and a rebound in the shares, suggesting improving investor sentiment around engagement and volume trends. Yahoo Finance article
• Positive Sentiment: Analysts and commentators continue to focus on Robinhood’s “super app” strategy, including crypto, credit cards, retirement, and global expansion, which supports the long-term growth narrative. Motley Fool article
• Neutral Sentiment: Articles comparing Robinhood with Coinbase and discussing the FIFA World Cup as a possible consumer-engagement catalyst were broadly upbeat but mostly narrative-driven rather than tied to an immediate fundamental catalyst. Motley Fool article Invezz article
• Neutral Sentiment: The latest Zacks note says the stock fell while the market gained, but it mainly reflects short-term trading pressure rather than a major new company-specific setback. Zacks article

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.