Mn Services Vermogensbeheer B.V. Grows Holdings in Robinhood Markets, Inc. $HOOD

Mn Services Vermogensbeheer B.V. raised its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 284,564 shares of the company’s stock after buying an additional 7,964 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Robinhood Markets were worth $32,184,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Empowered Funds LLC grew its position in Robinhood Markets by 46.7% in the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after acquiring an additional 15,885 shares in the last quarter. American Century Companies Inc. raised its position in Robinhood Markets by 33.0% during the second quarter. American Century Companies Inc. now owns 143,764 shares of the company’s stock valued at $13,461,000 after purchasing an additional 35,711 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in Robinhood Markets during the second quarter worth about $315,000. Northwestern Mutual Wealth Management Co. lifted its stake in Robinhood Markets by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,357 shares of the company’s stock worth $782,000 after purchasing an additional 394 shares during the last quarter. Finally, Level Four Advisory Services LLC purchased a new position in shares of Robinhood Markets in the 2nd quarter worth about $292,000. 93.27% of the stock is owned by institutional investors.

Robinhood Markets Trading Down 1.3%

NASDAQ HOOD opened at $65.16 on Tuesday. The firm has a market cap of $58.66 billion, a PE ratio of 31.63, a price-to-earnings-growth ratio of 1.49 and a beta of 2.47. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86. The stock has a 50-day moving average of $81.54 and a 200-day moving average of $111.05.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.Robinhood Markets’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period last year, the company earned $1.01 EPS. As a group, equities research analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Robinhood Markets News Roundup

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

• Positive Sentiment: Goldman Sachs (via coverage pieces) lists Robinhood among top crypto-stock buys after a sector pullback, which supports a recovery narrative if crypto markets stabilize. Goldman Sachs Flags 2 Crypto Stocks Worth Buying After 46% Sector Crash
• Positive Sentiment: Jefferies initiated research coverage on HOOD, which typically increases visibility and can attract investor interest. Robinhood Markets (NASDAQ:HOOD) Research Coverage Started at Jefferies Financial Group
• Neutral Sentiment: Sanford C. Bernstein cut its price target from $160 to $130 but kept an “outperform” rating — positive tone from the rating, but the lower target reduces implied upside and may temper enthusiasm. Benzinga reference
• Neutral Sentiment: Press summaries (Zacks / Yahoo) are reporting HOOD’s recent pullback; these pieces mainly reflect market movement rather than new fundamental news. Robinhood Markets, Inc. (HOOD) Registers a Bigger Fall Than the Market
• Neutral Sentiment: Analysts and commentators continue to flag Robinhood’s cash-generation and margins as positives, but note that cash flow doesn’t guarantee outperformance if growth or competitive pressures slow. 1 Cash-Producing Stock Worth Your Attention and 2 We Find Risky
• Negative Sentiment: Shares fell sharply after an analyst downgrade (reported as a ~6.2% drop in one write-up), indicating that sell-side revisions are directly pressuring the stock. Robinhood Markets (NASDAQ:HOOD) Shares Down 6.2% After Analyst Downgrade
• Negative Sentiment: Reports say Robinhood was cut out of the high-profile SpaceX IPO allocation — a reputational/momentum negative that could affect customer perception and future deal access. Robinhood reportedly cut out of blockbuster SpaceX IPO
• Negative Sentiment: Broader market risk related to geopolitical tensions (coverage noting potential S&P downside from the Iran war) is a negative for high-beta names like HOOD and can exacerbate intraday weakness. The problem for investors: We don’t know how Trump wants the Iran war to end

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research report on Friday. Barclays cut their target price on Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Mizuho reduced their price target on shares of Robinhood Markets from $135.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, March 13th. Bank of America decreased their price target on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Finally, Truist Financial lowered their price objective on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Eighteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $118.00.

Insider Buying and Selling

In related news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction on Monday, January 5th. The shares were sold at an average price of $121.63, for a total value of $45,611,250.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total transaction of $754,900.00. Following the sale, the insider owned 452,849 shares of the company’s stock, valued at $34,185,571.01. This represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 469,268 shares of company stock worth $54,409,454. 19.95% of the stock is owned by company insiders.

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.