Robinhood Markets, Inc. $HOOD Stake Lessened by Shikiar Asset Management Inc.

Shikiar Asset Management Inc. decreased its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 32.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,532 shares of the company’s stock after selling 5,099 shares during the quarter. Shikiar Asset Management Inc.’s holdings in Robinhood Markets were worth $1,508,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Hantz Financial Services Inc. lifted its position in shares of Robinhood Markets by 120.3% in the second quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock worth $25,000 after purchasing an additional 148 shares in the last quarter. Smithfield Trust Co purchased a new position in Robinhood Markets during the second quarter valued at approximately $29,000. Twin Peaks Wealth Advisors LLC acquired a new position in Robinhood Markets in the 2nd quarter valued at approximately $34,000. V Square Quantitative Management LLC purchased a new stake in Robinhood Markets in the 2nd quarter worth approximately $36,000. Finally, LGT Financial Advisors LLC acquired a new stake in shares of Robinhood Markets during the 2nd quarter valued at $37,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Robinhood Markets

In related news, insider Steven M. Quirk sold 49,942 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the transaction, the insider owned 54,496 shares of the company’s stock, valued at approximately $7,147,150.40. The trade was a 47.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total transaction of $15,855,600.00. Following the transaction, the insider owned 430,012 shares in the company, valued at approximately $56,817,485.56. The trade was a 21.82% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,680,899 shares of company stock worth $475,130,364. Insiders own 14.47% of the company’s stock.

Robinhood Markets Price Performance

Shares of HOOD opened at $122.37 on Tuesday. Robinhood Markets, Inc. has a one year low of $29.66 and a one year high of $153.86. The company’s fifty day moving average price is $128.82 and its 200 day moving average price is $114.47. The company has a market capitalization of $110.03 billion, a PE ratio of 50.78, a price-to-earnings-growth ratio of 2.24 and a beta of 2.43.

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

Robinhood Markets News Summary

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

• Positive Sentiment: Ark Invest’s Cathie Wood bought roughly $30 million of HOOD during last week’s pullback, signaling conviction from a high-profile active investor which can attract momentum buyers and other funds. Read More.
• Positive Sentiment: Morgan Stanley nudged its price target up from $146 to $147 while keeping an “equal weight” rating — the target implies meaningful upside versus recent levels and gives institutional validation to the shares. Read More.
• Positive Sentiment: Analyst coverage is broadly favorable: a consensus “Moderate Buy” rating was reported, supporting demand from model/ETF flows and retail investors tracking analyst sentiment. Read More.
• Positive Sentiment: Macro/policy tailwinds for crypto are being highlighted by research outlets as supportive for crypto-related names like HOOD, which stands to benefit if crypto trading activity and regulation-friendly policy continue. Read More.
• Positive Sentiment: Robinhood’s CEO highlighted rapid growth in prediction markets on a recent media appearance, underscoring an expanding high-margin revenue stream that could support long-term earnings. Read More.
• Neutral Sentiment: Jim Cramer outlined an entry strategy for Robinhood that may increase retail interest and trading volume near tactical pullbacks, but it’s commentary rather than new company-specific news. Read More.
• Neutral Sentiment: Search interest and coverage of HOOD have spiked (Zacks piece), which can boost liquidity and volatility but doesn’t guarantee direction. Read More.
• Negative Sentiment: MarketBeat and technical-focused coverage warn volumes (crypto, options, equities) cooled in November and technical indicators show momentum waning, raising the risk of short-term profit-taking after a strong 2025 rally. Read More.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Compass Point restated a “buy” rating on shares of Robinhood Markets in a report on Monday, October 27th. Morgan Stanley boosted their target price on Robinhood Markets from $146.00 to $147.00 and gave the company an “equal weight” rating in a research note on Monday. Citigroup raised their price target on Robinhood Markets from $120.00 to $135.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. The Goldman Sachs Group boosted their price target on Robinhood Markets from $134.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a research report on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $137.30.

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.