Cerity Partners LLC Has $77.78 Million Position in Robinhood Markets, Inc. $HOOD

Cerity Partners LLC lowered its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 5.0% during the fourth quarter, HoldingsChannel reports. The firm owned 687,721 shares of the company’s stock after selling 36,170 shares during the quarter. Cerity Partners LLC’s holdings in Robinhood Markets were worth $77,781,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Robinhood Markets by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after buying an additional 1,334,443 shares during the last quarter. State Street Corp raised its position in Robinhood Markets by 103.2% in the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after buying an additional 16,375,734 shares during the last quarter. Geode Capital Management LLC raised its position in Robinhood Markets by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after buying an additional 356,902 shares during the last quarter. Norges Bank acquired a new stake in Robinhood Markets in the 4th quarter valued at approximately $1,202,160,000. Finally, Invesco Ltd. raised its position in Robinhood Markets by 25.3% in the 3rd quarter. Invesco Ltd. now owns 6,191,123 shares of the company’s stock valued at $886,445,000 after buying an additional 1,248,590 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets Stock Down 1.5%

HOOD stock opened at $83.77 on Wednesday. The business has a 50 day moving average price of $78.74 and a two-hundred day moving average price of $92.42. The company has a market cap of $75.44 billion, a price-to-earnings ratio of 40.47, a P/E/G ratio of 2.53 and a beta of 2.35. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the business earned $0.37 earnings per share. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. On average, equities research analysts anticipate that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HOOD. Needham & Company LLC dropped their target price on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Truist Financial decreased their price target on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Morgan Stanley decreased their price target on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, April 10th. Jefferies Financial Group decreased their price target on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Finally, The Goldman Sachs Group raised their price target on Robinhood Markets from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Eighteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $110.18.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, Director Meyer Malka bought 250,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average cost of $80.74 per share, with a total value of $20,185,000.00. Following the acquisition, the director owned 3,924,427 shares of the company’s stock, valued at $316,858,235.98. The trade was a 6.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Steven M. Quirk sold 10,837 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total value of $931,006.67. Following the transaction, the insider directly owned 81,989 shares in the company, valued at $7,043,674.99. The trade was a 11.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders acquired 680,000 shares of company stock worth $55,306,560 and sold 571,602 shares worth $41,959,746. 19.95% of the stock is owned by insiders.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an underwriter, which could expand Robinhood’s role in IPOs and create a new growth avenue beyond its core brokerage business. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts are raising their outlook on Robinhood as they see more value in the company’s prediction-markets business, suggesting Wall Street may be underestimating a fast-growing revenue stream. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood reported May 2026 operating data, keeping investors focused on monthly business momentum and usage trends. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Director Meyer Malka bought 250,000 shares in an insider purchase worth about $20.2 million, a sign of confidence from a major company insider. Insider Trade: Meyer Malka Purchases Shares
• Neutral Sentiment: Several articles discussed Robinhood as a trending or heavily watched stock, but they did not add new fundamental information that clearly changes the investment outlook. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
• Negative Sentiment: Coverage also pointed to weakness in Robinhood’s crypto business and recent bearish commentary, which may be weighing on sentiment despite the new growth initiatives. Bear of the Day: Robinhood Markets (HOOD)
• Negative Sentiment: There were also reports of insider selling earlier in the period, which can create some caution even when offset by newer insider buying. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock

About Robinhood Markets

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.