Pittenger & Anderson Inc. Acquires New Position in Robinhood Markets, Inc. $HOOD

Pittenger & Anderson Inc. acquired a new position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 6,460 shares of the company’s stock, valued at approximately $925,000.

Several other hedge funds have also made changes to their positions in the company. Jennison Associates LLC acquired a new stake in shares of Robinhood Markets in the 3rd quarter valued at about $322,823,000. Coordinated Financial Services Inc. bought a new stake in shares of Robinhood Markets in the 2nd quarter valued at approximately $403,000. Allstate Corp acquired a new stake in shares of Robinhood Markets during the 3rd quarter valued at approximately $3,860,000. New Wave Wealth Advisors LLC raised its position in shares of Robinhood Markets by 479.4% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 13,331 shares of the company’s stock valued at $1,909,000 after acquiring an additional 11,030 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in Robinhood Markets by 8.5% during the third quarter. Asset Management One Co. Ltd. now owns 304,424 shares of the company’s stock worth $43,587,000 after purchasing an additional 23,737 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HOOD has been the subject of several recent research reports. Mizuho boosted their target price on shares of Robinhood Markets from $145.00 to $172.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Cantor Fitzgerald raised shares of Robinhood Markets to a “strong-buy” rating in a research report on Tuesday. CICC Research assumed coverage on shares of Robinhood Markets in a research note on Monday, October 27th. They set an “outperform” rating and a $155.00 price objective on the stock. Argus initiated coverage on Robinhood Markets in a report on Friday, January 9th. They set a “buy” rating and a $145.00 target price for the company. Finally, Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Monday, October 27th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.62.

Insider Activity at Robinhood Markets

In related news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven M. Quirk sold 49,942 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the transaction, the insider directly owned 54,496 shares of the company’s stock, valued at $7,147,150.40. The trade was a 47.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,878,425 shares of company stock valued at $358,100,808. Company insiders own 14.47% of the company’s stock.

Robinhood Markets Price Performance

Shares of HOOD opened at $99.48 on Friday. The company has a market capitalization of $89.45 billion, a price-to-earnings ratio of 41.28, a P/E/G ratio of 1.58 and a beta of 2.44. The business’s 50-day moving average is $118.03 and its 200-day moving average is $119.73. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.20. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The company’s revenue for the quarter was up 100.0% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. Equities research analysts expect that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Cantor Fitzgerald upgraded HOOD to a stronger buy, adding institutional endorsement that can attract model‑driven flows and support the stock. Cantor Fitzgerald Upgrade
• Positive Sentiment: Needham & Company reiterated a “Buy” rating, reaffirming Wall Street support and a constructive view on growth and margins. Needham Reiterates Buy
• Positive Sentiment: Reports say the U.S. government is considering Robinhood to help oversee millions of proposed “Trump accounts” for kids — a potential large, recurring services relationship if selected. Reuters: US Mulls Tapping Robinhood
• Positive Sentiment: Argus and other outlets are publishing bullish takes, reinforcing a constructive analyst narrative that can help sentiment. Argus Bullish
• Neutral Sentiment: CEO outlined steps to avoid another GameStop‑style trading halt, reducing operational/liquidity risk if implemented — a governance/operations positive but not an immediate revenue driver. CEO Halts Plan
• Neutral Sentiment: Coverage highlights Robinhood’s push into prediction markets (new revenue stream) and regulatory attention that could bring both rule clarity and compliance costs; long‑term upside but execution‑dependent. Prediction Markets Coverage
• Negative Sentiment: CTO Jeffrey Pinner sold 5,864 shares (disclosed Form 4), a notable insider sale that can create short‑term selling pressure and raise questions about timing/motivation. Insider Sale Filing
• Negative Sentiment: Commentary and data points show HOOD has proved volatile and recently fell more than the broader market, underscoring sensitivity to news and high beta risk for momentum‑driven investors. Zacks Volatility Note

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.