Robinhood Markets, Inc. $HOOD Shares Purchased by New York State Teachers Retirement System

New York State Teachers Retirement System grew its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 3.2% during the 1st quarter, HoldingsChannel reports. The firm owned 614,151 shares of the company’s stock after buying an additional 19,186 shares during the period. New York State Teachers Retirement System’s holdings in Robinhood Markets were worth $42,561,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. State Street Corp boosted its position in Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after acquiring an additional 16,375,734 shares during the last quarter. Norges Bank acquired a new position in shares of Robinhood Markets during the 4th quarter worth approximately $1,202,160,000. Corient Private Wealth LLC grew its position in shares of Robinhood Markets by 5,221.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after purchasing an additional 2,511,743 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Robinhood Markets by 95.7% in the fourth quarter. Jennison Associates LLC now owns 4,412,036 shares of the company’s stock valued at $499,001,000 after purchasing an additional 2,157,372 shares during the last quarter. Finally, Morgan Stanley lifted its position in Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock worth $1,208,335,000 after buying an additional 2,061,832 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Robinhood Markets Price Performance

HOOD opened at $112.73 on Friday. The business has a fifty day simple moving average of $87.70 and a 200-day simple moving average of $89.61. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86. The firm has a market cap of $101.51 billion, a P/E ratio of 54.46, a P/E/G ratio of 2.53 and a beta of 2.33.

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

Insider Activity at Robinhood Markets

In related news, CFO Shiv Verma sold 3,984 shares of Robinhood Markets stock in a transaction on Monday, June 15th. The stock was sold at an average price of $98.84, for a total value of $393,778.56. Following the completion of the transaction, the chief financial officer directly owned 59,927 shares in the company, valued at approximately $5,923,184.68. This trade represents a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total value of $836,800.00. Following the sale, the insider owned 481,396 shares in the company, valued at approximately $40,283,217.28. This trade represents a 2.04% decrease in their position. 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. Over the last 90 days, insiders acquired 680,000 shares of company stock worth $55,306,560 and sold 633,484 shares worth $47,542,923. Corporate insiders own 14.47% of the company’s stock.

Wall Street Analyst Weigh In

HOOD has been the subject of several analyst reports. Truist Financial dropped their target price on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a report on Monday, April 13th. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research report on Wednesday, June 24th. The Goldman Sachs Group boosted their target price on shares of Robinhood Markets from $108.00 to $121.00 and gave the company a “buy” rating in a report on Monday, June 29th. Mizuho lifted their price target on shares of Robinhood Markets from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Barclays lowered their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Twenty equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.00.

Key Stories Impacting Robinhood Markets

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 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.