Robinhood Markets, Inc. $HOOD Shares Bought by Csenge Advisory Group

Csenge Advisory Group boosted its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 539.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,396 shares of the company’s stock after acquiring an additional 7,926 shares during the quarter. Csenge Advisory Group’s holdings in Robinhood Markets were worth $1,063,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HOOD. Vanguard Group Inc. boosted its position in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after buying an additional 18,824,923 shares during the period. State Street Corp boosted its position in shares of Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after buying an additional 16,375,734 shares during the period. Jennison Associates LLC purchased a new position in shares of Robinhood Markets during the third quarter worth $322,823,000. Northern Trust Corp boosted its position in shares of Robinhood Markets by 48.5% during the third quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock worth $881,608,000 after buying an additional 2,011,820 shares during the period. Finally, Clear Street Group Inc. purchased a new position in shares of Robinhood Markets during the third quarter worth $241,200,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

HOOD has been the subject of several research analyst reports. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Citizens Jmp restated a “market outperform” rating and set a $155.00 price target on shares of Robinhood Markets in a research report on Wednesday, April 29th. Jefferies Financial Group lowered their price target on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research report on Friday, March 27th. Finally, Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price target for the company in a research report on Monday, February 9th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.88.

Robinhood Markets Trading Up 2.2%

NASDAQ:HOOD opened at $75.76 on Thursday. The firm has a market cap of $68.22 billion, a PE ratio of 36.60, a price-to-earnings-growth ratio of 2.40 and a beta of 2.29. The stock has a fifty day moving average price of $76.26 and a 200 day moving average price of $97.13. Robinhood Markets, Inc. has a 12-month low of $62.63 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter last year, the business posted $0.37 earnings per share. Equities analysts forecast that Robinhood Markets, Inc. will post 1.88 EPS for the current year.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood’s management is set to present at the Bernstein Strategic Decisions Conference next week, which could give investors updates on trading trends, product growth, and strategy. Conference appearances often help support sentiment by keeping the growth story in focus.
• Positive Sentiment: TradePMR, a Robinhood unit, scored a recruiting win with a $3 billion Wells Fargo team, highlighting continued progress in Robinhood’s advisory/custody business and broader expansion beyond core trading. Robinhood’s TradePMR Scores a Recruiting Win With a $3 Billion Wells Fargo Team
• Positive Sentiment: Robinhood relisted Algorand for U.S. retail users, suggesting the company is leaning back into crypto access and potentially increasing engagement from active traders. Robinhood Relists Algorand Raising Questions For Crypto Strategy And Valuation
• Neutral Sentiment: Robinhood’s CFO Shiv Verma sold 5,436 shares under a pre-arranged 10b5-1 plan. The sale is routine, but insider selling can still weigh on short-term sentiment. Robinhood Markets, Inc. insider transaction details
• Negative Sentiment: Investors are worried that Robinhood may be hurt by Congress’s prediction-market bill frenzy, which could create more regulatory uncertainty around an area tied to event-driven trading activity. Why Robinhood (HOOD) stock may stand to lose from Congress’s prediction market bill frenzy
• Negative Sentiment: Another bearish note argued that Robinhood’s customers are staying away, reflecting skepticism about near-term user engagement and trading volumes. Robinhood’s Customers Are Staying Away, You Should Too
• Negative Sentiment: Recent market commentary also pointed to softer crypto volumes and insider sales as reasons the stock may have moved lower, since Robinhood remains highly sensitive to transaction activity in crypto. Robinhood Markets Inc. (HOOD): Graham Stephan Got Out Early

Insider Transactions at Robinhood Markets

In related news, insider Steven M. Quirk sold 8,540 shares of Robinhood Markets stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total value of $725,302.20. Following the completion of the transaction, the insider directly owned 53,183 shares in the company, valued at approximately $4,516,832.19. This trade represents a 13.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 shares of Robinhood Markets stock in a transaction on Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $407,574.75. Following the completion of the transaction, the chief technology officer owned 18,006 shares of the company’s stock, valued at approximately $1,257,719.10. This trade represents a 24.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 493,343 shares of company stock valued at $35,864,569 in the last 90 days. 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.