Lebenthal Global Advisors LLC Purchases 19,107 Shares of Robinhood Markets, Inc. $HOOD

Lebenthal Global Advisors LLC bought a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 19,107 shares of the company’s stock, valued at approximately $2,150,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Crossmark Global Holdings Inc. lifted its stake in shares of Robinhood Markets by 0.4% in the third quarter. Crossmark Global Holdings Inc. now owns 27,405 shares of the company’s stock valued at $3,083,000 after buying an additional 102 shares in the last quarter. Lake Street Private Wealth LLC increased its position in shares of Robinhood Markets by 0.3% during the third quarter. Lake Street Private Wealth LLC now owns 43,899 shares of the company’s stock worth $4,939,000 after acquiring an additional 114 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of Robinhood Markets by 11.9% during the second quarter. Parkside Financial Bank & Trust now owns 1,089 shares of the company’s stock worth $109,000 after acquiring an additional 116 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Robinhood Markets by 5.4% during the third quarter. Root Financial Partners LLC now owns 2,510 shares of the company’s stock worth $282,000 after acquiring an additional 129 shares in the last quarter. Finally, Brookstone Capital Management raised its holdings in shares of Robinhood Markets by 2.5% in the 3rd quarter. Brookstone Capital Management now owns 5,230 shares of the company’s stock worth $588,000 after acquiring an additional 129 shares during the last quarter. 93.27% of the stock is owned by institutional investors.

Key Robinhood Markets News

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

Insider Buying and Selling at Robinhood Markets

In other news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at $42,645,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal 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 Baiju Bhatt sold 50,912 shares of the stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $101.40, for a total transaction of $5,162,476.80. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,091,347 shares of company stock valued at $128,447,880 in the last three months. 13.48% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on HOOD shares. JPMorgan Chase & Co. cut their price target on Robinhood Markets from $115.00 to $114.00 and set a “neutral” rating for the company in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research note on Monday, September 21st. Deutsche Bank Aktiengesellschaft dropped their target price on Robinhood Markets from $138.00 to $134.00 and set a “buy” rating on the stock in a report on Tuesday, September 29th. Citizens Jmp reaffirmed a “market outperform” rating and set a $165.00 target price on shares of Robinhood Markets in a research report on Wednesday. Finally, The Goldman Sachs Group decreased their price target on Robinhood Markets from $145.00 to $128.00 and set a “buy” rating for the company in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Robinhood Markets presently has a consensus rating of “Moderate Buy” and an average price target of $127.39.

Robinhood Markets Stock Performance

Shares of Robinhood Markets stock opened at $84.99 on Friday. The business’s fifty day simple moving average is $108.49 and its 200 day simple moving average is $93.04. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.26. Robinhood Markets, Inc. has a 12 month low of $63.51 and a 12 month high of $150.47. The firm has a market capitalization of $76.41 billion, a P/E ratio of 39.17, a price-to-earnings-growth ratio of 1.95 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.44 billion. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.61 EPS. As a group, analysts anticipate that Robinhood Markets, Inc. will post 2.15 EPS for the current year.

About Robinhood Markets

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.