Elo Mutual Pension Insurance Co lifted its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 44.8% in the third quarter, Holdings Channel.com reports. The fund owned 106,680 shares of the company’s stock after purchasing an additional 33,010 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Robinhood Markets were worth $15,274,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Robinhood Markets by 24.9% in the 3rd quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after purchasing an additional 18,824,923 shares during the last quarter. State Street Corp increased its stake in shares of Robinhood Markets by 9.2% in the second quarter. State Street Corp now owns 15,870,421 shares of the company’s stock valued at $1,485,948,000 after buying an additional 1,341,204 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Robinhood Markets by 4.0% in the second quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock valued at $1,233,840,000 after buying an additional 507,926 shares during the last quarter. Norges Bank bought a new stake in Robinhood Markets during the 2nd quarter worth about $973,122,000. Finally, Charles Schwab Investment Management Inc. increased its position in Robinhood Markets by 3.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,019,451 shares of the company’s stock valued at $469,971,000 after acquiring an additional 168,099 shares in the last quarter. Institutional investors and hedge funds 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: Crypto-driven intraday rallies lifted expectations for higher trading activity and volume on Robinhood after bitcoin moved higher, helping HOOD bounce on those days. Robinhood (HOOD) Stock Trades Up, Here Is Why
- Positive Sentiment: Robinhood launched a testnet for a new blockchain chain — a strategic move into blockchain infrastructure that could expand future crypto product offerings and revenue streams. Robinhood announces launch of testnet for its brand new chain
- Positive Sentiment: Goldman Sachs adjusted its view citing strong early-year metrics for Robinhood, which supports the narrative that operating momentum (user engagement, new products, international expansion) could re-rate the stock. Goldman Sachs Adjusts Robinhood Markets, Inc. (HOOD) Price Target, Cites Strong Early-Year Metrics
- Neutral Sentiment: Analysis pieces argue Robinhood’s pivot to higher-margin products (pre-IPO access, funds, infrastructure) is underappreciated — a constructive medium-term thesis but not an immediate catalyst. Why The Market Is Missing Robinhood’s High-Margin Makeover
- Neutral Sentiment: Coverage highlights retail-driven volatility and short-term chatter (social / WallStreetBets), which increases trade volume and volatility but does not guarantee sustained direction. Robinhood Stock Climbs Wednesday: What’s Fueling The Move?
- Negative Sentiment: Broad crypto sell-off has been the primary downward driver — weaker crypto trading volumes hit revenue sensitivity and pushed HOOD sharply lower in recent sessions. Crypto Sell-Off Pulls Robinhood Stock Down: Buy Before It Takes Off?
- Negative Sentiment: Macro shock: a hotter-than-expected inflation print revived concern about slower rate cuts, pressuring growth/fintech stocks including HOOD and prompting intraday weakness. Why Robinhood (HOOD) Shares Are Trading Lower Today
- Negative Sentiment: Insider selling (Director Baiju Bhatt sold ~65.7k shares) and analyst price-target trims add to negative sentiment and can cap near-term upside despite positive product news. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Director Sells $4,749,676.20 in Stock
Insider Buying and Selling at Robinhood Markets
Robinhood Markets Stock Down 4.5%
Shares of NASDAQ:HOOD opened at $75.85 on Monday. Robinhood Markets, Inc. has a 12-month low of $29.66 and a 12-month high of $153.86. The company’s 50 day moving average price is $99.23 and its two-hundred day moving average price is $116.03. The firm has a market cap of $68.29 billion, a PE ratio of 36.82, a PEG ratio of 1.53 and a beta of 2.47.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $1.01 earnings per share. On average, research analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current year.
Wall Street Analysts Forecast Growth
HOOD has been the subject of several research analyst reports. Truist Financial dropped their price objective on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Dbs Bank raised Robinhood Markets to a “moderate buy” rating in a research note on Wednesday, November 12th. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. KeyCorp cut their target price on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, February 9th. Finally, Loop Capital set a $130.00 price target on shares of Robinhood Markets in a research note on Monday, February 9th. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and an average price target of $121.71.
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.
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