Franklin Resources Inc. Buys 886,640 Shares of Robinhood Markets, Inc. $HOOD

Franklin Resources Inc. lifted its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 61.8% in the 3rd quarter, Holdings Channel reports. The fund owned 2,320,372 shares of the company’s stock after acquiring an additional 886,640 shares during the quarter. Franklin Resources Inc.’s holdings in Robinhood Markets were worth $332,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Robinhood Markets by 24.9% in the 3rd quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after acquiring an additional 18,824,923 shares in the last quarter. Norges Bank bought a new position in Robinhood Markets during the 2nd quarter worth about $973,122,000. Paradigm Operations LP bought a new position in Robinhood Markets during the 2nd quarter worth about $308,979,000. Jennison Associates LLC acquired a new stake in shares of Robinhood Markets in the 3rd quarter valued at about $322,823,000. Finally, Invesco Ltd. raised its stake in shares of Robinhood Markets by 81.0% in the 2nd quarter. Invesco Ltd. now owns 4,942,533 shares of the company’s stock valued at $462,769,000 after purchasing an additional 2,212,487 shares during the period. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Dbs Bank raised Robinhood Markets to a “moderate buy” rating in a research report on Wednesday, November 12th. KeyCorp dropped their target price on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, February 9th. Wall Street Zen cut Robinhood Markets from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Truist Financial reduced their price target 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. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Robinhood Markets in a research note on Monday, December 22nd. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $121.73.

More Robinhood Markets News

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

• Positive Sentiment: Banking unit momentum — Robinhood’s banking arm surpassed $1 billion in customer deposits and 65k customers, strengthening core funding, deposit income potential and cross‑sell opportunities. Robinhood banking unit crosses $1 bln in deposits, 65k customers, CEO Tenev says
• Positive Sentiment: Lower short interest — February short interest fell ~12.8% to ~30.13M shares (about 4.2% of shares), cutting a common near‑term selling pressure vector and reducing days‑to‑cover to ~1.2. (Data release)
• Positive Sentiment: Product & revenue diversification — Robinhood is expanding beyond trading (venture fund, premium Platinum card) and scaling prediction‑market products that management says are already meaningful, which supports revenue multiple expansion if adoption continues. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: Prediction‑market sales traction — coverage notes prediction markets are already annualizing at material levels (reported ~$435M annualized in recent commentary), giving a new high‑growth revenue stream inside an already profitable platform.
• Neutral Sentiment: Analyst backdrop & technicals — some analysts see >50% upside to ~ $120 consensus targets and the stock is described as consolidating after a large 2026 drawdown; this sets a narrative of upside if execution holds. Robinhood Markets, Inc. (HOOD) Aims to Become a “Financial Super App” with 20%+ Growth
• Neutral Sentiment: Industry attention & framing — multiple market pieces are positioning Robinhood as part of broader themes (AI, prediction markets, “super app”), which can attract long‑only thematic flows but also increase scrutiny. (Investor press coverage)
• Negative Sentiment: Regulatory/legal risk on prediction markets — CEO commentary about turning Robinhood into a prediction‑markets “super app” has reignited debate over whether prediction contracts cross into gambling; former public officials have warned of state‑level legal challenges, which could slow rollouts or increase compliance costs. Robinhood’s CEO Has A ‘Super App’ Vision For Prediction Markets

Insider Buying and Selling

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total transaction of $754,900.00. Following the transaction, the insider directly owned 452,849 shares in the company, valued at approximately $34,185,571.01. The trade was a 2.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 475,132 shares of company stock worth $55,127,149. 14.47% of the stock is currently owned by company insiders.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $78.69 on Thursday. The stock’s 50-day simple moving average is $92.91 and its 200 day simple moving average is $114.26. The company has a market cap of $70.85 billion, a P/E ratio of 38.20, a P/E/G ratio of 1.77 and a beta of 2.47. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86.

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