TD Asset Management Inc Has $62.43 Million Stock Position in Robinhood Markets, Inc. $HOOD

TD Asset Management Inc lifted its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 11.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 436,016 shares of the company’s stock after purchasing an additional 45,177 shares during the period. TD Asset Management Inc’s holdings in Robinhood Markets were worth $62,429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of HOOD. Empowered Funds LLC grew its holdings in shares of Robinhood Markets by 46.7% during the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock valued at $2,076,000 after buying an additional 15,885 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Robinhood Markets by 142.3% in the second quarter. Envestnet Asset Management Inc. now owns 796,111 shares of the company’s stock valued at $74,540,000 after purchasing an additional 467,600 shares during the last quarter. Bessemer Group Inc. purchased a new stake in shares of Robinhood Markets during the 2nd quarter valued at approximately $1,284,000. Y Intercept Hong Kong Ltd lifted its position in shares of Robinhood Markets by 62.1% during the second quarter. Y Intercept Hong Kong Ltd now owns 12,708 shares of the company’s stock worth $1,190,000 after acquiring an additional 4,870 shares in the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in Robinhood Markets by 24.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 111,043 shares of the company’s stock worth $10,397,000 after purchasing an additional 21,549 shares during the period. Institutional investors own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Bitcoin rallied (near $70k), lifting expectations for higher crypto trading volumes on Robinhood’s platform — a direct positive for HOOD’s transaction and crypto-fee outlook. Bitcoin Price Rose Close to $70,000. What Nvidia Earnings Mean for Cryptos.
• Positive Sentiment: Newsflow shows intraday share gains tied to the Bitcoin rally and heightened retail interest — a short-term catalyst for volume and active accounts. Robinhood (HOOD) Stock Trades Up, Here Is Why
• Positive Sentiment: Robinhood launched a $1B closed-end fund (Robinhood Ventures Fund I) to give retail investors pre-IPO access (SpaceX, Stripe, Databricks), expanding feeable product offerings beyond trading — a potential margin diversifier over time. Robinhood Opens Pre IPO Access With New US$1b Closed End Fund
• Positive Sentiment: Robinhood unveiled a testnet for its new blockchain chain, signalling further crypto-platform investment that could deepen product moat and future revenue streams. Robinhood announces launch of testnet for its brand new chain
• Positive Sentiment: Goldman Sachs adjusted its price target after citing strong early‑year metrics, a read that underpins parts of the bullish trading/engagement thesis. Goldman Sachs Adjusts Robinhood Markets, Inc. (HOOD) Price Target, Cites Strong Early-Year Metrics
• Neutral Sentiment: Analyses (e.g., Forbes) argue the market may be underrating Robinhood’s shift to higher‑margin businesses — a constructive medium‑term thesis but not an immediate catalyst given recent top‑line softness. Why The Market Is Missing Robinhood’s High-Margin Makeover
• Negative Sentiment: Director Baiju Bhatt sold ~65,694 shares (~$4.75M) on Feb. 23; notable insider selling can pressure sentiment even if part of planned programs. SEC filing — Baiju Bhatt Form 4
• Negative Sentiment: Analyst price‑target reductions (reported ~15% cut by some shops) and coverage grouping Robinhood with pressured financials reflect concerns about a Q4 revenue miss and crypto volatility — headwinds that can cap near‑term upside. Robinhood Markets (HOOD) price target decreased by 15.09% to 130.24

Analyst Ratings Changes

HOOD has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Robinhood Markets in a research note on Monday, December 22nd. Truist Financial dropped their target price on Robinhood Markets from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Bank of America lowered their price target on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. KeyCorp dropped their price objective on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, February 9th. Finally, Zacks Research lowered shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $121.71.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 430,012 shares of the company’s stock, valued at approximately $56,817,485.56. This trade represents a 21.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Jeffrey Tsvi Pinner sold 5,865 shares of Robinhood Markets stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $132.26, for a total transaction of $775,704.90. Following the transaction, the chief technology officer owned 26,725 shares of the company’s stock, valued at $3,534,648.50. The trade was a 18.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 640,939 shares of company stock valued at $77,553,447 in the last quarter. 14.47% of the stock is owned by insiders.

Robinhood Markets Stock Up 2.5%

NASDAQ HOOD opened at $79.45 on Friday. The firm has a market capitalization of $71.44 billion, a PE ratio of 38.57, a P/E/G ratio of 1.57 and a beta of 2.43. The stock’s 50 day moving average is $100.14 and its 200 day moving average is $116.23. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86.

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

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.