New York Life Investment Management LLC Invests $14.99 Million in Robinhood Markets, Inc. $HOOD

New York Life Investment Management LLC acquired a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 104,689 shares of the company’s stock, valued at approximately $14,989,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its stake in Robinhood Markets by 120.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock valued at $25,000 after purchasing an additional 148 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in shares of Robinhood Markets by 113.6% in the third quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the period. Golden State Wealth Management LLC boosted its stake in Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares in the last quarter. Smithfield Trust Co acquired a new position in Robinhood Markets during the second quarter worth about $29,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Robinhood Markets in the third quarter worth about $29,000. Institutional investors own 93.27% of the company’s stock.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Wolfe Research upgraded HOOD to “outperform” with a $125 price target, citing upside versus the current level — a clear near‑term bullish catalyst. Wolfe Research Upgrade
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating with a $130 price target, supporting investor optimism ahead of earnings. Cantor Fitzgerald Rating
• Positive Sentiment: Robinhood is seeing crypto inflows (notably Dogecoin) as Ark Invest builds a long‑term position — positive for crypto trading revenue if flows continue. Dogecoin Inflows
• Positive Sentiment: Analysts and outlets point to strong Q4 top‑line momentum (Blockonomi cites ~30% revenue growth expected), which could drive upside if results beat. Q4 Revenue Growth Expectation
• Neutral Sentiment: Consensus analyst positioning is mildly favorable — an average rating of “Moderate Buy” — suggesting expectations are constructive but not unanimous. Analyst Average Rating
• Neutral Sentiment: Robinhood’s entry into the UK ISA market expands addressable market, a positive strategic move whose financial impact will play out over time. UK ISA Expansion
• Neutral Sentiment: The stock faces an event risk: Investopedia flags a potentially large post‑earnings swing — higher volatility could produce sharp moves in either direction. Earnings Volatility Preview
• Negative Sentiment: Truist trimmed its price target to $130 (from $155), citing falling crypto prices and market overreaction — a reminder crypto volatility can pressure Robinhood’s revenue outlook. Truist PT Cut
• Negative Sentiment: KeyCorp also lowered its target to $130 (previously $160) even while keeping an overweight stance; several firms trimming targets signals caution on near‑term upside. KeyCorp PT Lowered
• Negative Sentiment: Broad software sector/headline risks (AI‑related rotation) have pressured tech/software stocks; elevated beta and recent big intraday moves increase downside risk if earnings disappoint. Software Sector Headwinds

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Bank of America lowered their price objective on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Mizuho lifted their price target on shares of Robinhood Markets from $145.00 to $172.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Piper Sandler reiterated an “overweight” rating on shares of Robinhood Markets in a research report on Monday, February 2nd. KeyCorp reduced 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. Finally, CICC Research started coverage on Robinhood Markets in a research report on Monday, October 27th. They set an “outperform” rating and a $155.00 target price on the stock. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Robinhood Markets presently has a consensus rating of “Moderate Buy” and an average target price of $131.82.

Insiders Place Their Bets

In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $107.48, for a total transaction of $630,262.72. Following the completion of the sale, the chief technology officer directly owned 9,133 shares in the company, valued at approximately $981,614.84. This trade represents a 39.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the transaction, the insider directly owned 27,564 shares in the company, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,537,615 shares of company stock valued at $182,272,702 in the last 90 days. Insiders own 19.95% of the company’s stock.

Robinhood Markets Stock Up 4.5%

Shares of NASDAQ:HOOD opened at $86.56 on Tuesday. The company’s fifty day moving average is $113.25 and its two-hundred day moving average is $119.11. The company has a market cap of $77.83 billion, a P/E ratio of 35.92, a price-to-earnings-growth ratio of 1.30 and a beta of 2.44. Robinhood Markets, Inc. has a 12-month low of $29.66 and a 12-month high of $153.86.

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.