10,000 Shares in Robinhood Markets, Inc. $HOOD Acquired by Triglav Investments D.O.O.

Triglav Investments D.O.O. purchased a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,000 shares of the company’s stock, valued at approximately $1,432,000.

A number of other institutional investors have also added to or reduced their stakes in HOOD. Hantz Financial Services Inc. lifted its holdings in shares of Robinhood Markets by 120.3% during the second quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock valued at $25,000 after purchasing an additional 148 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the period. Golden State Wealth Management LLC grew its holdings in Robinhood Markets by 107.6% during 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. Smithfield Trust Co purchased a new stake in Robinhood Markets in the 2nd quarter worth $29,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Robinhood Markets in the 3rd quarter worth approximately $29,000. Institutional investors own 93.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on HOOD. Mizuho raised their target price on shares of Robinhood Markets from $145.00 to $172.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Citizens Jmp lifted their price target on Robinhood Markets from $170.00 to $180.00 and gave the company a “market outperform” rating in a report on Friday, November 7th. KeyCorp increased their price objective on Robinhood Markets from $135.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, October 31st. The Goldman Sachs Group restated a “buy” rating on shares of Robinhood Markets in a research note on Monday, January 5th. Finally, Cantor Fitzgerald raised Robinhood Markets to a “strong-buy” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $136.62.

Insider Activity

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the firm’s 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 available at this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,865 shares of the business’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $132.26, for a total transaction of $775,704.90. Following the completion of the sale, the chief technology officer directly owned 26,725 shares of the company’s stock, valued at approximately $3,534,648.50. This trade represents a 18.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,805,075 shares of company stock valued at $347,653,564. Insiders own 14.47% of the company’s stock.

Robinhood Markets Stock Down 7.4%

NASDAQ:HOOD opened at $80.62 on Thursday. The company has a market cap of $72.49 billion, a price-to-earnings ratio of 33.45, a price-to-earnings-growth ratio of 1.36 and a beta of 2.43. The company has a fifty day simple moving average of $116.01 and a two-hundred day simple moving average of $119.45. Robinhood Markets, Inc. has a 52 week low of $29.66 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.20. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%.The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business earned $0.17 EPS. Robinhood Markets’s revenue was up 100.0% on a year-over-year basis. On average, analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

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.