Geode Capital Management LLC Grows Position in Robinhood Markets, Inc. $HOOD

Geode Capital Management LLC grew its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,171,925 shares of the company’s stock after purchasing an additional 356,902 shares during the period. Geode Capital Management LLC’s holdings in Robinhood Markets were worth $2,386,944,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of HOOD. Golden State Wealth Management LLC lifted its position in shares of Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares in the last quarter. Vision Financial Markets LLC lifted its position in shares of Robinhood Markets by 100.0% during the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after buying an additional 100 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at approximately $29,000. Guerra Advisors Inc purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at approximately $30,000. Finally, CYBER HORNET ETFs LLC lifted its position in shares of Robinhood Markets by 527.8% during the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after buying an additional 190 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HOOD shares. Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price on the stock in a research report on Monday, February 9th. Piper Sandler decreased their target price on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. KeyCorp decreased their target price on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Wall Street Zen lowered Robinhood Markets from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.38.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $76.23 on Thursday. The business has a fifty day moving average price of $76.09 and a 200 day moving average price of $94.83. Robinhood Markets, Inc. has a one year low of $62.92 and a one year high of $153.86. The company has a market cap of $68.65 billion, a P/E ratio of 36.83, a P/E/G ratio of 2.25 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last issued 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). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the business earned $0.37 earnings per share. The firm’s revenue was up 15.1% compared to the same quarter last year. As a group, sell-side analysts predict that Robinhood Markets, Inc. will post 1.88 EPS for the current fiscal year.

Insiders Place Their Bets

In other Robinhood Markets news, insider Steven M. Quirk sold 8,540 shares of the firm’s 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 sale, the insider directly owned 53,183 shares of the company’s stock, valued at $4,516,832.19. This trade represents a 13.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 67,422 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total value of $5,082,270.36. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 560,765 shares of company stock worth $40,946,840. 14.47% of the stock is currently owned by company insiders.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood launched tools that allow AI agents to trade stocks on behalf of users, which could increase platform usage and attract tech-savvy retail traders. Reuters article
• Positive Sentiment: The company also extended AI-agent functionality to credit card purchases, broadening the product ecosystem and highlighting a possible first-mover advantage in “agentic” finance. CNBC article
• Positive Sentiment: Media coverage framed the launch as a major step in AI-driven consumer finance, reinforcing bullish sentiment around Robinhood’s ability to innovate and capture new users. TechCrunch article
• Neutral Sentiment: Robinhood also drew attention for its role in the new Trump Accounts mobile app, but this appears more like a separate product/partnership headline than a direct near-term stock catalyst. Fox Business article
• Neutral Sentiment: Analyst commentary and comparison pieces kept Robinhood in the spotlight, but the main trading driver today appears to be the AI-agent announcement rather than a fundamentals update. Zacks article

Robinhood Markets Company 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.