Baer Investment Advisory LLC Takes $685,000 Position in Robinhood Markets, Inc. $HOOD

Baer Investment Advisory LLC acquired a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the first quarter, Holdings Channel reports. The fund acquired 9,881 shares of the company’s stock, valued at approximately $685,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC raised its stake in shares of Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 145 shares during the last quarter. CYBER HORNET ETFs LLC lifted its position in shares of 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. Elyxium Wealth LLC purchased a new position in Robinhood Markets during the fourth quarter worth about $27,000. MV Capital Management Inc. bought a new stake in Robinhood Markets in the 4th quarter worth about $27,000. Finally, Swiss RE Ltd. bought a new stake in Robinhood Markets in the 4th quarter worth about $27,000. 93.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on HOOD shares. Citigroup reissued a “market outperform” rating on shares of Robinhood Markets in a research report on Thursday, May 28th. JPMorgan Chase & Co. decreased their price target on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Morgan Stanley cut their price objective on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, April 10th. Zacks Research raised shares of Robinhood Markets from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, Wall Street Zen upgraded shares of Robinhood Markets from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. Twenty research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $115.00.

Insider Activity

In other news, insider Steven M. Quirk sold 10,837 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $85.91, for a total value of $931,006.67. Following the sale, the insider directly owned 81,989 shares of the company’s stock, valued at approximately $7,043,674.99. This represents a 11.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $83.68, for a total transaction of $836,800.00. Following the completion of the transaction, the insider owned 481,396 shares of the company’s stock, valued at $40,283,217.28. This trade represents a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders purchased 680,000 shares of company stock valued at $55,306,560 and sold 633,484 shares valued at $47,542,923. Corporate insiders own 14.47% of the company’s stock.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood launched Robinhood Chain, a public Ethereum-based layer-2 blockchain built for tokenized assets and real-world assets, which investors see as a major expansion of its crypto and onchain finance strategy. Robinhood Markets Launches Public Blockchain
• Positive Sentiment: The company unveiled a broader slate of new offerings, including stock tokens, agentic trading tools, and DeFi products, suggesting new revenue streams and stronger product differentiation. Robinhood shares climb on slate of new offerings
• Positive Sentiment: Analyst commentary has turned more bullish, with firms including Mizuho, BTIG, and Barron’s-highlighted picks raising price targets or naming HOOD a top idea, adding momentum to the stock. Senior analyst revamps Robinhood price target amid hyperscaling potential
• Positive Sentiment: Robinhood is seeing unusually heavy call-option buying and a broad crypto-stock bounce, which signals traders are betting on continued upside. Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce
• Neutral Sentiment: The company confirmed it will report second-quarter 2026 results on July 29, keeping attention on execution and whether the new product launches start showing up in financial results. Robinhood Markets, Inc. to Announce Second Quarter 2026 Results on July 29, 2026
• Neutral Sentiment: CEO Vlad Tenev’s comments about AI agents matching human traders and Robinhood’s Guinness World Record announcement are attention-grabbing, but they are more branding/vision stories than immediate financial drivers. AI agents will have ‘capability’ of human traders, Robinhood CEO tells CNBC

Robinhood Markets Price Performance

Shares of HOOD stock opened at $112.73 on Friday. The stock has a market capitalization of $101.51 billion, a price-to-earnings ratio of 54.46, a PEG ratio of 2.53 and a beta of 2.33. The company’s fifty day simple moving average is $87.70 and its two-hundred day simple moving average is $89.61. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the firm posted $0.37 earnings per share. Robinhood Markets’s revenue for the quarter was up 15.1% compared to the same quarter last year. Equities research analysts anticipate that Robinhood Markets, Inc. will post 1.81 EPS for the current year.

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.