Sunpointe LLC Buys New Position in Robinhood Markets, Inc. $HOOD

Sunpointe LLC purchased a new position in Robinhood Markets, Inc. (NASDAQ:HOOD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,448 shares of the company’s stock, valued at approximately $1,210,000.

Other hedge funds have also added to or reduced their stakes in the company. North Star Investment Management Corp. raised its holdings in Robinhood Markets by 44.9% in the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after purchasing an additional 79 shares in the last quarter. First Command Advisory Services Inc. increased its position 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 buying an additional 81 shares during the period. CogentBlue Wealth Advisors LLC increased its position in shares of Robinhood Markets by 3.8% during the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock valued at $342,000 after buying an additional 87 shares during the period. ORG Partners LLC raised its stake in Robinhood Markets by 5.5% in the third quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after buying an additional 97 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the period. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the sale, the insider owned 403,612 shares in the company, valued at $49,071,146.96. This represents a 2.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 475,132 shares of company stock worth $55,127,149. Corporate insiders own 14.47% of the company’s stock.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood rolled out a $695/year Platinum credit card plus custodial accounts and an advisor-referral pilot aimed at wealthier customers — moves that could diversify fee income and increase wallet share if adoption is strong. Read More.
• Positive Sentiment: Product/service innovations include an “Early Dividends” feature that makes dividend payments available sooner — potentially boosting customer stickiness and engagement. Read More.
• Positive Sentiment: A short-lived crypto rebound and positive media attention around the product rollouts gave the stock upside momentum earlier this week. That rally reflects sensitivity of HOOD to crypto prices and product-news catalysts. Read More.
• Neutral Sentiment: Robinhood Ventures Fund I (RVI), an affiliated vehicle, priced an IPO (~$25/share) raising roughly $658M — expands the Robinhood ecosystem but is unlikely to move HOOD’s near-term revenue materially. Read More.
• Neutral Sentiment: Analysts remain largely constructive (many Buy ratings and mid/high price targets above current levels), which supports longer-term upside but also keeps expectations high. Read More.
• Negative Sentiment: Recent Q4 results showed an EPS beat but a revenue shortfall driven in part by weaker crypto transaction revenue — a primary driver of prior upside — which has left investors cautious about sustainable growth. Read More.
• Negative Sentiment: An insider disclosed a sizeable sale (10,000 shares), which can create near-term sentiment pressure even if modest relative to total holdings. Read More.
• Negative Sentiment: Prediction-market activity and related products are drawing regulatory scrutiny in Washington, which could complicate product rollout or increase compliance costs if restrictions expand. Read More.

Analyst Ratings Changes

HOOD has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. The Goldman Sachs Group lowered their target price on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. KeyCorp reduced their price target on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. New Street Research set a $122.00 price objective on Robinhood Markets in a report on Thursday. Finally, Wall Street Zen cut shares of Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and an average price target of $121.73.

Robinhood Markets Price Performance

Shares of NASDAQ:HOOD opened at $80.56 on Friday. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86. The business has a fifty day moving average price of $95.92 and a 200-day moving average price of $115.06. The company has a market capitalization of $72.53 billion, a PE ratio of 39.11, a PEG ratio of 1.66 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results 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 company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. Robinhood Markets’s revenue was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.01 EPS. On average, sell-side analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Robinhood Markets Company 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.