US Bancorp DE Sells 7,988 Shares of Robinhood Markets, Inc. $HOOD

US Bancorp DE trimmed its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 11.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,207 shares of the company’s stock after selling 7,988 shares during the quarter. US Bancorp DE’s holdings in Robinhood Markets were worth $9,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Hantz Financial Services Inc. increased its position in shares of Robinhood Markets by 120.3% during the second quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock valued at $25,000 after acquiring an additional 148 shares in the last quarter. Valley National Advisers Inc. increased its position in shares of Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Golden State Wealth Management LLC raised its position in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares during the period. Smithfield Trust Co purchased a new position in Robinhood Markets during the second quarter valued at $29,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Robinhood Markets during the 3rd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HOOD. Cantor Fitzgerald lowered their price objective on Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. Mizuho decreased their price target on shares of Robinhood Markets from $172.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Zacks Research downgraded shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Piper Sandler reduced their target price on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Finally, Loop Capital set a $130.00 price target on Robinhood Markets in a research note on Monday, February 9th. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $121.71.

More Robinhood Markets News

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 Activity

In related news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $132.13, for a total transaction of $15,855,600.00. Following the completion of the transaction, the insider owned 430,012 shares in the company, valued at $56,817,485.56. This represents a 21.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Jeffrey Tsvi Pinner sold 5,865 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $132.26, for a total transaction of $775,704.90. Following the transaction, the chief technology officer owned 26,725 shares in the company, valued at $3,534,648.50. The trade was a 18.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 640,939 shares of company stock valued at $77,553,447. 14.47% of the stock is currently owned by company insiders.

Robinhood Markets Stock Down 4.5%

Shares of NASDAQ HOOD opened at $75.85 on Friday. The business has a fifty day simple moving average of $99.23 and a two-hundred day simple moving average of $115.98. The firm has a market cap of $68.29 billion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 1.53 and a beta of 2.43. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The company’s revenue was up 26.5% compared to the same quarter last year. During the same period last year, the business earned $1.01 EPS. On average, research analysts expect that Robinhood Markets, Inc. will post 1.35 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.