Robinhood Markets, Inc. $HOOD Stock Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 83.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 105,035 shares of the company’s stock after selling 526,180 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Robinhood Markets were worth $11,816,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. James T. Borello RIA bought a new stake in Robinhood Markets in the 3rd quarter worth about $29,000. C M Bidwell & Associates Ltd. purchased a new position in Robinhood Markets in the 2nd quarter worth about $27,000. Continuum Advisory LLC bought a new position in Robinhood Markets during the 2nd quarter valued at about $40,000. Cassaday & Co Wealth Management LLC bought a new position in Robinhood Markets during the 1st quarter valued at about $33,000. Finally, Glen Eagle Advisors LLC lifted its stake in Robinhood Markets by 100.7% during the 1st quarter. Glen Eagle Advisors LLC now owns 568 shares of the company’s stock valued at $39,000 after acquiring an additional 285 shares during the period. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Robinhood Markets Price Performance

NASDAQ HOOD opened at $95.07 on Friday. Robinhood Markets, Inc. has a 12 month low of $63.51 and a 12 month high of $150.47. The stock has a market cap of $85.48 billion, a price-to-earnings ratio of 41.88, a PEG ratio of 1.92 and a beta of 2.35. The company’s 50 day moving average is $109.40 and its two-hundred day moving average is $97.21. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The company’s revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.42 earnings per share. As a group, research analysts anticipate that Robinhood Markets, Inc. will post 2.19 earnings per share for the current year.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $113.71, for a total value of $1,137,100.00. Following the completion of the sale, the insider owned 499,943 shares in the company, valued at approximately $56,848,518.53. This represents a 1.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,912 shares of the firm’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $101.40, for a total value of $5,162,476.80. 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 have sold 1,091,347 shares of company stock worth $128,447,880 in the last 90 days. Company insiders own 13.48% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Analyst support: Rosenblatt Securities initiated coverage with a Buy rating and a $135 price target, while other analysts have raised price targets or upgraded the shares. The bullish views reflect confidence in Robinhood’s growth prospects and diversified business model. Rosenblatt initiates coverage
• Positive Sentiment: Dubai expansion: Robinhood received authorization to offer stock and cryptocurrency trading in Dubai and plans a Middle Eastern launch in 2027. The move could expand its addressable market and add a new international growth channel. Robinhood Dubai license
• Positive Sentiment: Broader product ecosystem: Robinhood is expanding beyond traditional brokerage through prediction markets, cryptocurrency perpetual futures, tokenized assets and its advisor-services platform. Reported increases in bitcoin, gold and other prediction-market activity could support transaction revenue and customer engagement. Robinhood prediction markets
• Positive Sentiment: Robinhood stock tokens becoming eligible as collateral on Morpho could improve the utility of tokenized securities and strengthen the company’s blockchain strategy. Robinhood stock tokens on Morpho
• Neutral Sentiment: Investors are focused on Robinhood’s third-quarter results, scheduled for October 27. Forecasts emphasize trading activity, net deposits, recurring revenue and crypto volumes as key indicators of whether the company’s multiproduct strategy is translating into sustained earnings growth. Robinhood earnings preview
• Negative Sentiment: Crypto-revenue risk: Robinhood’s crypto revenue reportedly fell 38% year over year to $100 million in the second quarter, marking a third consecutive quarterly decline. A potential rebound in late-quarter activity may not fully offset the weakness. Robinhood crypto revenue
• Negative Sentiment: Director Baiju Bhatt sold 50,912 shares worth approximately $5.16 million under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance, it is not necessarily a signal of deteriorating fundamentals, but it can weigh on sentiment.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on HOOD shares. Truist Financial lifted their price target on shares of Robinhood Markets from $130.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, October 13th. Compass Point increased their price objective on shares of Robinhood Markets from $126.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, October 2nd. Wall Street Zen upgraded shares of Robinhood Markets from a “sell” rating to a “hold” rating in a research report on Saturday. Citizens Jmp raised their target price on shares of Robinhood Markets from $155.00 to $165.00 and gave the stock a “market outperform” rating in a report on Friday, September 11th. Finally, Wells Fargo & Company dropped their target price on shares of Robinhood Markets from $125.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $130.29.

Robinhood Markets Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.