International Assets Investment Management LLC Has $724,000 Holdings in Robinhood Markets, Inc. $HOOD

International Assets Investment Management LLC increased its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 118.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,328 shares of the company’s stock after purchasing an additional 5,590 shares during the period. International Assets Investment Management LLC’s holdings in Robinhood Markets were worth $724,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sound Income Strategies LLC increased its holdings in Robinhood Markets by 152.6% in the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after buying an additional 145 shares during the period. CYBER HORNET ETFs LLC raised its stake in shares of Robinhood Markets by 527.8% in 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. Elyxium Wealth LLC bought a new position in shares of Robinhood Markets during the 4th quarter worth about $27,000. MV Capital Management Inc. bought a new position in shares of Robinhood Markets during the 4th quarter worth about $27,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Robinhood Markets during the 4th quarter valued at about $27,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $116.17, for a total transaction of $43,563,750.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at $43,563,750. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paula Loop sold 8,336 shares of the stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $120.00, for a total transaction of $1,000,320.00. Following the sale, the director directly owned 63,674 shares in the company, valued at approximately $7,640,880. This represents a 11.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 659,112 shares valued at $68,741,158. 13.48% of the stock is owned by corporate insiders.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood’s blockchain push is gaining attention, with reports highlighting that its “Robinhood Chain” could create new growth opportunities for crypto-related projects and increase adoption of its ecosystem. Robinhood Chain: Why These 3 Crypto Projects Could Gain From Rising Adoption
• Positive Sentiment: Robinhood also drew interest after launching AI agent trading for crypto, with more than 70,000 accounts joining the beta, suggesting early user demand for new product features. Robinhood Brings AI Agent Trading to Crypto After 70,000 Accounts Join Beta
• Neutral Sentiment: Crypto media coverage around Robinhood Chain has been broadly upbeat, including a report that the launch is boosting optimism across Ethereum-related projects. Robinhood Chain launch boosts Ethereum optimism; Saylor hints Bitcoin sale shift
• Neutral Sentiment: Another headline noted a trader turning $85 into more than $2 million on a meme coin tied to Robinhood Chain, highlighting speculative excitement but not a direct fundamental driver for HOOD. Crypto trader turns $85 into $2 million on Robinhood Chain meme coin
• Negative Sentiment: Despite the positive crypto-related headlines, an earlier market note flagged Robinhood stock as trading down, and broader weakness in futures and risk assets may be adding pressure on the shares. Robinhood Markets (NASDAQ:HOOD) Trading Down 2.7% – Should You Sell?

Wall Street Analyst Weigh In

A number of analysts recently weighed in on HOOD shares. Sanford C. Bernstein reissued an “outperform” rating and issued a $130.00 target price on shares of Robinhood Markets in a research note on Tuesday, April 14th. Truist Financial cut their price target on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a report on Wednesday, June 24th. Argus upped their price objective on Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Twenty-one research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.

Robinhood Markets Price Performance

NASDAQ HOOD opened at $109.86 on Tuesday. The stock’s 50 day simple moving average is $91.75 and its 200 day simple moving average is $89.18. Robinhood Markets, Inc. has a one year low of $63.51 and a one year high of $153.86. The firm has a market cap of $98.93 billion, a PE ratio of 53.07, a price-to-earnings-growth ratio of 2.41 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 EPS. As a group, equities analysts expect that Robinhood Markets, Inc. will post 1.88 earnings per share for the current year.

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.