Wealthcare Advisory Partners LLC Purchases 6,752 Shares of Robinhood Markets, Inc. $HOOD

Wealthcare Advisory Partners LLC grew its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOODFree Report) by 80.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,183 shares of the company’s stock after purchasing an additional 6,752 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Robinhood Markets were worth $1,523,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in HOOD. CYBER HORNET ETFs LLC boosted its holdings in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after buying an additional 190 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in Robinhood Markets during the fourth quarter valued at approximately $27,000. MV Capital Management Inc. bought a new position in Robinhood Markets in the fourth quarter worth approximately $27,000. Swiss RE Ltd. bought a new position in Robinhood Markets in the fourth quarter worth approximately $27,000. Finally, Godsey & Gibb Inc. purchased a new position in shares of Robinhood Markets during the 4th quarter worth $28,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Roundup

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

  • Positive Sentiment: Robinhood Ventures Fund II raised $225.5 million. The closed-end fund priced 8 million shares at $25 each, giving Robinhood’s retail customers access to early- and growth-stage private companies. The successful launch supports Robinhood’s strategy of broadening beyond public-stock and cryptocurrency trading. Robinhood’s second venture fund debuts, drawing retail money into private markets
  • Positive Sentiment: The company plans to accelerate the rollout of publicly traded funds. Robinhood intends to increase the frequency of new closed-end fund launches after its initial offerings, potentially creating additional fee revenue and improving customer engagement through expanded access to private markets. Robinhood Plans to Speed Up Debuts for Publicly Traded Funds
  • Positive Sentiment: July activity remained substantially above year-ago levels. Robinhood’s equity average daily volume declined 19% from June but rose 56% year over year, indicating continued long-term trading growth despite month-to-month volatility. Robinhood Markets equity ADV in July falls 19% month over month, jumps 56% year over year
  • Neutral Sentiment: Founder Baiju Bhatt’s space venture is separate from Robinhood. His planned $275 million Cowboy Space Corporation project could attract attention because it involves rockets and space-based AI data centers, but it does not represent a direct Robinhood investment or operating catalyst. Robinhood Co-founder’s plans to take over space
  • Negative Sentiment: Crypto-trading momentum remains a concern. Coverage continues to highlight weaker crypto activity and investor focus on whether Robinhood can sustain growth beyond crypto. The company’s strong second-quarter results—record revenue of $1.31 billion and EPS of $0.62—provide support, but sentiment remains sensitive to trading volumes and speculative-asset demand. Robinhood’s Crypto Slump Got the Headlines. Its 10x Business Got Ignored

Analyst Ratings Changes

HOOD has been the subject of a number of recent research reports. Citigroup reissued a “market outperform” rating on shares of Robinhood Markets in a research report on Thursday, May 28th. Morgan Stanley lifted their target price on Robinhood Markets from $95.00 to $124.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. Mizuho upped their price target on Robinhood Markets from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. KeyCorp raised their price objective on Robinhood Markets from $100.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Robinhood Markets from $105.00 to $113.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Twenty-one analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus target price of $120.52.

Get Our Latest Analysis on HOOD

Robinhood Markets Stock Up 4.7%

HOOD opened at $99.37 on Friday. The stock has a market cap of $89.34 billion, a price-to-earnings ratio of 43.78, a price-to-earnings-growth ratio of 1.86 and a beta of 2.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22. The firm’s fifty day moving average is $99.83 and its 200 day moving average is $86.37. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86.

Robinhood Markets (NASDAQ:HOODGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the business posted $0.42 EPS. Robinhood Markets’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, sell-side analysts forecast that Robinhood Markets, Inc. will post 2.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, Director Baiju Bhatt sold 67,422 shares of Robinhood Markets stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $75.38, for a total value of $5,082,270.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 business’s stock in a transaction that occurred on 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 directly owned 481,396 shares in the company, valued at $40,283,217.28. The trade was a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have purchased 680,000 shares of company stock worth $55,306,560 and have sold 625,827 shares worth $66,508,628. Company insiders own 13.48% of the company’s stock.

Robinhood Markets Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. (NASDAQ:HOODFree Report).

Institutional Ownership by Quarter for Robinhood Markets (NASDAQ:HOOD)

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