Sowell Financial Services LLC Buys Shares of 8,507 Robinhood Markets, Inc. $HOOD

Sowell Financial Services LLC purchased a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,507 shares of the company’s stock, valued at approximately $1,218,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Robinhood Markets by 1.8% in the second quarter. Vanguard Group Inc. now owns 75,612,131 shares of the company’s stock worth $7,079,564,000 after buying an additional 1,371,051 shares in the last quarter. State Street Corp boosted its position in Robinhood Markets by 9.2% during the 2nd quarter. State Street Corp now owns 15,870,421 shares of the company’s stock valued at $1,485,948,000 after acquiring an additional 1,341,204 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Robinhood Markets by 4.0% in the 2nd quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock valued at $1,233,840,000 after acquiring an additional 507,926 shares during the period. WCM Investment Management LLC raised its position in shares of Robinhood Markets by 3,615.7% in the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock worth $1,081,910,000 after acquiring an additional 11,244,182 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Robinhood Markets during the 2nd quarter worth $973,122,000. 93.27% of the stock is currently owned by institutional investors.

Robinhood Markets Stock Down 1.7%

Shares of Robinhood Markets stock opened at $115.45 on Wednesday. The company has a 50 day moving average price of $127.10 and a 200 day moving average price of $116.37. The firm has a market capitalization of $103.81 billion, a P/E ratio of 47.90, a PEG ratio of 2.14 and a beta of 2.43. 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 (EPS) for the quarter, beating 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 net margin of 52.19% and a return on equity of 21.74%. Robinhood Markets’s revenue for the quarter was up 100.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.17 EPS. As a group, research analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Insider Activity at Robinhood Markets

In related news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total value of $15,855,600.00. Following the completion of the transaction, the insider owned 430,012 shares in the company, valued at $56,817,485.56. This trade represents a 21.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Steven M. Quirk sold 49,942 shares of Robinhood Markets stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total value of $6,549,893.30. Following the sale, the insider directly owned 54,496 shares of the company’s stock, valued at approximately $7,147,150.40. This represents a 47.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,936,763 shares of company stock valued at $371,050,559 in the last ninety days. Company insiders own 19.95% of the company’s stock.

Key Robinhood Markets News

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

• Positive Sentiment: Zacks includes HOOD among “4 Stocks to Buy for 2026,” highlighting Robinhood as a better bet than crypto for next year, which supports continued analyst interest and retail investor optimism. Read More.
• Positive Sentiment: Multiple Zacks pieces and other analyst write-ups tout HOOD’s long-term growth drivers (founder-led strategy, new products, crypto initiatives and global expansion), reinforcing buy-side momentum and several elevated price targets. Read More.
• Positive Sentiment: Industry thesis: prediction markets are growing rapidly (potentially large TAM), which benefits incumbents like Robinhood that already have distribution and Kalshi partnership exposure. That macro opportunity underpins much of the bullish analyst narrative. Read More.
• Neutral Sentiment: DraftKings’ official launch of its Predictions product raises competitive risk for Robinhood in prediction-market-adjacent revenue, but it also validates the market and could expand overall demand; watch early adoption metrics. Read More.
• Negative Sentiment: Insider selling is extensive: QuiverQuant documents many insider sales (CEO/founders among sellers), which can weigh on sentiment and raise governance questions for some investors. Read More.
• Negative Sentiment: Needham trimmed its price target from $145 to $135 (still a buy), a modest analyst tweak that can act as a short-term drag versus the recent rally. Read More.

Analyst Ratings Changes

Several equities analysts have issued reports on HOOD shares. Citigroup lifted their target price on Robinhood Markets from $120.00 to $135.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Bank of America lowered their price target on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. JMP Securities boosted their price objective on shares of Robinhood Markets from $130.00 to $170.00 and gave the stock a “market outperform” rating in a research note on Thursday, October 9th. Loop Capital set a $152.00 target price on shares of Robinhood Markets in a research report on Thursday, December 11th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Robinhood Markets from $121.00 to $135.00 and gave the stock a “market perform” rating in a report on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $136.80.

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.