Robinhood Markets, Inc. $HOOD Shares Sold by Axiom Investors LLC DE

Axiom Investors LLC DE decreased its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 61.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,963 shares of the company’s stock after selling 27,452 shares during the quarter. Axiom Investors LLC DE’s holdings in Robinhood Markets were worth $1,919,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Empowered Funds LLC lifted its stake in shares of Robinhood Markets by 46.7% in the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after buying an additional 15,885 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Robinhood Markets in the second quarter worth about $5,105,000. Federated Hermes Inc. lifted its stake in shares of Robinhood Markets by 106.2% in the second quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock worth $5,988,000 after buying an additional 32,933 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Robinhood Markets by 19.1% in the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock worth $8,396,000 after buying an additional 14,356 shares in the last quarter. Finally, Nebula Research & Development LLC purchased a new position in Robinhood Markets during the second quarter worth about $1,316,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on HOOD. Keefe, Bruyette & Woods reduced their target price on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 29th. Citigroup reaffirmed a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. JPMorgan Chase & Co. reduced their target price on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Citizens Jmp reaffirmed a “market outperform” rating and set a $155.00 target price on shares of Robinhood Markets in a research note on Thursday, May 28th. Finally, Mizuho lifted their price target on shares of Robinhood Markets from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Eighteen equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $110.18.

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $83.77 on Wednesday. The stock has a market capitalization of $75.44 billion, a P/E ratio of 40.47, a price-to-earnings-growth ratio of 2.53 and a beta of 2.35. The company has a 50 day moving average price of $78.74 and a 200 day moving average price of $92.42. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business 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 for the quarter was up 15.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. On average, research analysts forecast that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.

Insider Activity at Robinhood Markets

In other news, Director Meyer Malka purchased 250,000 shares of the stock in a transaction on Friday, June 5th. The stock was bought at an average price of $80.74 per share, for a total transaction of $20,185,000.00. Following the acquisition, the director directly owned 3,924,427 shares of the company’s stock, valued at approximately $316,858,235.98. The trade was a 6.80% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Quirk sold 10,837 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total transaction of $931,006.67. Following the transaction, the insider owned 81,989 shares of the company’s stock, valued at $7,043,674.99. This trade represents a 11.67% 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. Over the last ninety 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 19.95% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an underwriter, which could expand Robinhood’s role in IPOs and create a new growth avenue beyond its core brokerage business. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts are raising their outlook on Robinhood as they see more value in the company’s prediction-markets business, suggesting Wall Street may be underestimating a fast-growing revenue stream. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood reported May 2026 operating data, keeping investors focused on monthly business momentum and usage trends. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Director Meyer Malka bought 250,000 shares in an insider purchase worth about $20.2 million, a sign of confidence from a major company insider. Insider Trade: Meyer Malka Purchases Shares
• Neutral Sentiment: Several articles discussed Robinhood as a trending or heavily watched stock, but they did not add new fundamental information that clearly changes the investment outlook. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
• Negative Sentiment: Coverage also pointed to weakness in Robinhood’s crypto business and recent bearish commentary, which may be weighing on sentiment despite the new growth initiatives. Bear of the Day: Robinhood Markets (HOOD)
• Negative Sentiment: There were also reports of insider selling earlier in the period, which can create some caution even when offset by newer insider buying. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock

Robinhood Markets 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.