Acumen Wealth Advisors LLC Purchases 7,015 Shares of Robinhood Markets, Inc. $HOOD

Posted by ABMN Staff on Jul 22nd, 2026

Acumen Wealth Advisors LLC increased its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 5,612.0% during the 1st quarter, HoldingsChannel reports. The firm owned 7,140 shares of the company’s stock after buying an additional 7,015 shares during the period. Acumen Wealth Advisors LLC’s holdings in Robinhood Markets were worth $495,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HOOD. Sound Income Strategies LLC raised its position in 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 purchasing an additional 145 shares during the period. CYBER HORNET ETFs LLC increased its position 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 valued at $26,000 after purchasing an additional 190 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of Robinhood Markets during the 4th quarter valued at approximately $27,000. MV Capital Management Inc. purchased a new stake in Robinhood Markets during the 4th quarter valued at $27,000. Finally, Swiss RE Ltd. purchased a new stake in Robinhood Markets during the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Up 7.1%

Shares of NASDAQ HOOD opened at $106.36 on Wednesday. The business has a fifty day simple moving average of $95.20 and a two-hundred day simple moving average of $88.73. The firm has a market cap of $95.78 billion, a PE ratio of 51.38, a price-to-earnings-growth ratio of 2.10 and a beta of 2.33. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.Robinhood Markets’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.37 EPS. On average, research analysts expect that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.

Insider Transactions at Robinhood Markets

In other news, Director Paula Loop sold 8,336 shares of Robinhood Markets stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $120.00, for a total value of $1,000,320.00. Following the transaction, the director owned 63,674 shares of the company’s stock, valued at $7,640,880. The trade was a 11.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 19,377 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $119.96, for a total value of $2,324,464.92. Following the sale, the insider owned 62,612 shares of the company’s stock, valued at approximately $7,510,935.52. This represents a 23.63% 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 three months, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 587,875 shares worth $62,602,915. 13.48% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on HOOD shares. Argus lifted their price target on shares of Robinhood Markets from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Needham & Company LLC upped their target price on Robinhood Markets from $97.00 to $123.00 and gave the company a “buy” rating in a research note on Tuesday. Morgan Stanley increased their target price on Robinhood Markets from $95.00 to $124.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Piper Sandler reiterated an “overweight” rating on shares of Robinhood Markets in a research report on Thursday, July 2nd. Finally, Mizuho boosted their target price on shares of Robinhood Markets from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Twenty-one research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $121.13.

View Our Latest Report on Robinhood Markets

Key Robinhood Markets News

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

Positive Sentiment: Bernstein raised its price target on HOOD to $160 from $130 and said Robinhood’s prediction markets business could become a major revenue driver, potentially overtaking crypto revenue. Bernstein raises Robinhood price target to $160 as prediction markets revenue could overtake crypto
Positive Sentiment: Needham & Company also lifted its price target on HOOD to $123 from $97 and maintained a buy rating, reinforcing the view that the stock still has upside from current levels.
Positive Sentiment: Bloomberg reported that analysts see Robinhood’s prediction market revenue becoming larger than its crypto business, which supports the bullish narrative that HOOD is building new high-growth income streams. Robinhood Prediction Market Revenue to Top Crypto, Analysts Say
Positive Sentiment: Investor sentiment around crypto-related stocks improved as Bitcoin recovered, helping lift HOOD alongside peers like Circle and Strategy. Circle, Robinhood, Strategy stocks surge on Bitcoin comeback

Robinhood Markets Company Profile

(Free Report)

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.