63,610 Shares in Robinhood Markets, Inc. $HOOD Bought by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC acquired a new position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 63,610 shares of the company’s stock, valued at approximately $7,194,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Caisse Des Depots ET Consignations acquired a new stake in shares of Robinhood Markets in the third quarter valued at $3,984,000. Aberdeen Group plc lifted its holdings in shares of Robinhood Markets by 565.1% during the third quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock valued at $26,565,000 after purchasing an additional 157,643 shares during the last quarter. NEOS Investment Management LLC purchased a new stake in shares of Robinhood Markets during the third quarter valued at $11,994,000. New York Life Investment Management LLC purchased a new stake in shares of Robinhood Markets during the third quarter valued at $14,989,000. Finally, Truist Financial Corp lifted its holdings in shares of Robinhood Markets by 88.9% during the fourth quarter. Truist Financial Corp now owns 145,489 shares of the company’s stock valued at $16,455,000 after purchasing an additional 68,458 shares during the last quarter. 93.27% of the stock is currently owned by institutional investors.

Robinhood Markets Trading Down 6.0%

NASDAQ:HOOD opened at $82.85 on Thursday. The firm has a market capitalization of $74.61 billion, a price-to-earnings ratio of 40.02, a PEG ratio of 2.64 and a beta of 2.35. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.86. The business’s fifty day moving average price is $77.51 and its 200 day moving average price is $93.34.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) 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 firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. Equities analysts forecast that Robinhood Markets, Inc. will post 1.85 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HOOD. Needham & Company LLC reduced their target price on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their target price on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Morgan Stanley reduced their target price on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, April 10th. Citizens Jmp reaffirmed a “market outperform” rating and set a $155.00 target price on shares of Robinhood Markets in a report on Thursday, May 28th. Finally, Wall Street Zen lowered Robinhood Markets from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Nineteen analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $105.96.

Insiders Place Their Bets

In related news, Director Meyer Malka acquired 249,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were acquired at an average cost of $80.39 per share, with a total value of $20,017,110.00. Following the purchase, the director owned 3,493,427 shares of the company’s stock, valued at approximately $280,836,596.53. The trade was a 7.67% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Baiju Bhatt sold 67,422 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $75.38, for a total value of $5,082,270.36. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 550,765 shares of company stock worth $40,191,940 in the last three months. 14.47% of the stock is owned by insiders.

Robinhood Markets News Roundup

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

• Positive Sentiment: Director Meyer Malka bought 181,000 shares at an average of $83.45, a roughly $15.1 million insider purchase that signals strong confidence from a key company insider.
• Positive Sentiment: Robinhood’s TradePMR unit is expanding its push into wealth management with a new RIA referral program, added client referral tools, AI capabilities, and broader IPO access for advisors’ clients, which could help grow higher-value institutional relationships.
• Positive Sentiment: The company and TradePMR also plan to lower rates on margin and securities-backed lending in July, a move that could make the platform more attractive to registered investment advisors and their clients.
• Positive Sentiment: Robinhood completed its acquisition of WonderFi, giving it an entry into Canada and expanding its crypto footprint with brands such as Bitbuy and Coinsquare.
• Positive Sentiment: New agentic AI trading features and other product launches continue to reinforce the market’s view that Robinhood is evolving into a broader “super app” for investing and financial services.
• Neutral Sentiment: Several reports this week highlighted Robinhood’s conference for advisors and its efforts to deepen TradePMR’s platform, but these updates are mainly execution milestones rather than immediate financial catalysts.
• Neutral Sentiment: Bitcoin weakness remains a backdrop for Robinhood because the company has meaningful crypto exposure, but the direct stock impact is less clear from the latest articles.
• Negative Sentiment: Robinhood still faces competitive pressure as Binance rolls out U.S. stock and ETF trading, which could intensify competition in its core brokerage market.
• Negative Sentiment: Analysts have also noted that Robinhood must show more than AI excitement alone to justify its valuation, especially after the stock’s strong recent run.

About Robinhood Markets

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.