State of New Jersey Common Pension Fund D Has $36.69 Million Stock Position in Robinhood Markets, Inc. $HOOD

State of New Jersey Common Pension Fund D raised its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 256,227 shares of the company’s stock after buying an additional 7,954 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Robinhood Markets were worth $36,687,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. North Star Investment Management Corp. boosted its stake in Robinhood Markets by 44.9% during the third quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after acquiring an additional 79 shares in the last quarter. First Command Advisory Services Inc. raised its holdings in shares of Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares during the period. CogentBlue Wealth Advisors LLC boosted its position in shares of Robinhood Markets by 3.8% during the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after purchasing an additional 87 shares in the last quarter. ORG Partners LLC grew its stake in shares of Robinhood Markets by 5.5% in the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after buying an additional 97 shares during the period. Finally, Golden State Wealth Management LLC increased its position in Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Large institutional buying signals conviction from some long-term investors — Ark/ Cathie Wood bought roughly $34M of HOOD, which supports a recovery narrative after the crypto-driven sell-off. Cathie Wood Sees Opportunity in Robinhood’s Crypto Weakness
• Positive Sentiment: Some analysts argue the selloff is overblown — Truist told clients the pullback may be excessive and maintained a constructive view despite trimming its price target. That view helps underpin short-term buying. Robinhood (HOOD) Stock Selloff May Be Overblown, Said Truist
• Positive Sentiment: Management is pushing new growth levers (prediction markets, product velocity, international expansion) and outlined a path to $1T in platform assets — these strategic initiatives are being cited as reasons to look past near-term crypto weakness. Robinhood Outlines Path to $1T in Platform Assets
• Positive Sentiment: Multiple analysts and outlets are pitching HOOD as a buy-the-dip opportunity given its growth outside crypto and steep share decline from highs — this is attracting bargain hunters. Why Robinhood’s Near-50% Fall Could Be a Buy-the-Dip Opportunity
• Neutral Sentiment: Truist lowered its price target (from $130 to $120) but kept a Buy rating — that’s a mixed signal: confidence in medium-term upside but recognition of nearer-term risks. Truist Lowers Price Target on HOOD
• Neutral Sentiment: Broader tech and crypto market moves are weighing on HOOD — several pieces note HOOD trading more like bitcoin recently, amplifying volatility that may be unrelated to its core retail brokerage revenue growth. Robinhood’s Stock Is Now Trading Almost Exactly Like Bitcoin
• Negative Sentiment: Q4 results missed revenue expectations as crypto revenue collapsed (~38%), which triggered the initial selloff and investor concern about earnings sensitivity to crypto volumes. That earnings miss remains the primary near-term catalyst for selling pressure. Robinhood Stock Falls as Crypto Revenue Collapses
• Negative Sentiment: Analyst downgrades and negative headlines pushed shares sharply lower after earnings (some reports note ~9% intraday drops), increasing volatility and prompting short-term sellers. Robinhood Stock Down Following Analyst Downgrade

Robinhood Markets Trading Up 6.8%

NASDAQ HOOD opened at $75.97 on Monday. The business has a fifty day simple moving average of $108.89 and a 200 day simple moving average of $118.33. Robinhood Markets, Inc. has a 12 month low of $29.66 and a 12 month high of $153.86. The firm has a market capitalization of $68.31 billion, a P/E ratio of 36.88, a PEG ratio of 1.29 and a beta of 2.44.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 EPS. As a group, sell-side analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on HOOD. Needham & Company LLC cut their price target on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. CICC Research began coverage on Robinhood Markets in a research report on Monday, October 27th. They set an “outperform” rating and a $155.00 target price on the stock. Keefe, Bruyette & Woods increased their target price on Robinhood Markets from $121.00 to $135.00 and gave the stock a “market perform” rating in a report on Thursday, November 6th. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday. Finally, Truist Financial lowered their price objective on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $126.95.

Insider Activity

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Steven M. Quirk sold 52,540 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the transaction, the insider directly owned 27,564 shares of the company’s stock, valued at approximately $2,420,394.84. This represents a 65.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 700,939 shares of company stock valued at $84,749,747. 19.95% of the stock is currently owned by company insiders.

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.