Hennessy Advisors Inc. Has $1.79 Million Stock Position in Robinhood Markets, Inc. $HOOD

Hennessy Advisors Inc. reduced its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 45.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,500 shares of the company’s stock after selling 10,500 shares during the quarter. Hennessy Advisors Inc.’s holdings in Robinhood Markets were worth $1,790,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. WCM Investment Management LLC raised its stake in Robinhood Markets by 3,615.7% during the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock valued at $1,081,910,000 after purchasing an additional 11,244,182 shares during the period. Norges Bank purchased a new position in shares of Robinhood Markets during the second quarter valued at $973,122,000. Kingstone Capital Partners Texas LLC acquired a new position in Robinhood Markets during the second quarter valued at $951,479,000. Paradigm Operations LP acquired a new position in Robinhood Markets during the second quarter valued at $308,979,000. Finally, Fred Alger Management LLC lifted its stake in Robinhood Markets by 164.0% in the 1st quarter. Fred Alger Management LLC now owns 3,680,960 shares of the company’s stock worth $153,202,000 after acquiring an additional 2,286,645 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Key Stores Impacting Robinhood Markets

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

• Positive Sentiment: Bull case: a Seeking Alpha note argues 2026 can match 2025’s strong profitability as new products (including the Bitstamp deal that boosted crypto volumes) and feature rollouts drive growth — author reiterates a buy view. Robinhood: 2026 Should Be As Lucrative As Last Year
• Positive Sentiment: High institutional and analyst interest: multiple buy/outperform ratings and a median analyst target (~$154) alongside large ETF/asset-manager buys signal strong Wall Street and institutional demand that supports the stock. QuiverQuant HOOD News
• Positive Sentiment: Celebrity endorsement: Jim Cramer praised Robinhood’s IRA product, which can boost retail investor sentiment and product adoption. Jim Cramer on Robinhood IRA
• Neutral Sentiment: Earnings cadence: Robinhood set Q4 & FY2025 results for Feb. 10 after-market with a 2:00 PM PT / 5:00 PM ET video call featuring CEO Vlad Tenev and incoming CFO Shiv Verma — provides a clear near-term catalyst and opportunity for fresh guidance/metrics. GlobeNewswire earnings release
• Negative Sentiment: Analyst pushback: Needham trimmed its price target to $135 citing a sluggish crypto trading outlook, which undercuts part of the rally tied to crypto momentum. Needham trims PT
• Negative Sentiment: Analyst downgrades / bearish takes and negative headlines: several outlets published bearish pieces predicting weakness in 2026 or urging selling, adding volatility risk and putting short-term pressure on the stock. Fool bearish prediction
• Negative Sentiment: Insider selling: recent data shows extensive insider sales (multiple executives) over recent months — a potential governance/sentiment headwind investors watch closely. QuiverQuant insider summary

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HOOD. Morgan Stanley upped their target price on Robinhood Markets from $146.00 to $147.00 and gave the company an “equal weight” rating in a report on Monday, December 22nd. Loop Capital set a $152.00 price objective on shares of Robinhood Markets in a research report on Thursday, December 11th. JMP Securities upped their price objective on shares of Robinhood Markets from $130.00 to $170.00 and gave the company a “market outperform” rating in a research note on Thursday, October 9th. Truist Financial assumed coverage on shares of Robinhood Markets in a research report on Wednesday, December 17th. They issued a “buy” rating and a $155.00 target price for the company. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Robinhood Markets in a report on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $136.80.

Robinhood Markets Stock Up 1.9%

NASDAQ HOOD opened at $115.21 on Friday. The stock has a market capitalization of $103.60 billion, a PE ratio of 47.81, a price-to-earnings-growth ratio of 1.71 and a beta of 2.44. The company has a 50 day moving average price of $125.90 and a two-hundred day moving average price of $116.59. Robinhood Markets, Inc. has a 12-month low of $29.66 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share 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 the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 EPS. As a group, equities analysts anticipate that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Insiders Place Their Bets

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 company’s stock in a transaction on Wednesday, December 3rd. The shares were 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 of the company’s stock, valued at approximately $56,817,485.56. The trade was a 21.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,911,763 shares of company stock valued at $367,342,059 in the last three months. Company insiders own 14.47% of the company’s stock.

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.