Korea Investment CORP Sells 9,632 Shares of Robinhood Markets, Inc. $HOOD

Korea Investment CORP trimmed its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 1.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 535,615 shares of the company’s stock after selling 9,632 shares during the quarter. Korea Investment CORP owned 0.06% of Robinhood Markets worth $76,689,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HOOD. Vanguard Group Inc. lifted its stake in Robinhood Markets by 24.9% during 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. State Street Corp grew its stake in shares of Robinhood Markets by 9.2% in the 2nd quarter. State Street Corp now owns 15,870,421 shares of the company’s stock worth $1,485,948,000 after acquiring an additional 1,341,204 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Robinhood Markets by 4.0% in the 2nd quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock worth $1,233,840,000 after acquiring an additional 507,926 shares in the last quarter. Norges Bank purchased a new stake in shares of Robinhood Markets in the second quarter valued at about $973,122,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Robinhood Markets by 3.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 5,019,451 shares of the company’s stock valued at $469,971,000 after purchasing an additional 168,099 shares during the last quarter. 93.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on HOOD. Loop Capital set a $130.00 target price on shares of Robinhood Markets in a research report on Monday, February 9th. Needham & Company LLC decreased their price target on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Truist Financial dropped their price target on Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Zacks Research cut Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $180.00 price objective on shares of Robinhood Markets in a research note on Wednesday, February 11th. Seventeen investment 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $121.73.

Insider Activity

In related news, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $75.49, for a total transaction of $754,900.00. Following the completion of the sale, the insider owned 452,849 shares in the company, valued at $34,185,571.01. This represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 475,132 shares of company stock valued at $55,127,149. Corporate insiders own 14.47% of the company’s stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: New premium push — Robinhood is rolling out a $695 Platinum credit card, Family Hub custodial/trust accounts and an Early Dividends feature aimed at higher‑income customers; investors see these as revenue diversification beyond trading. Robinhood Tests New Premium Services
• Positive Sentiment: Product launches lifted short‑term sentiment — Coverage and early market reaction to the premium offers and family features drove intraday buying in recent sessions as the company targets more lucrative customer segments. Benzinga Coverage
• Neutral Sentiment: Robinhood Ventures Fund I (RVI) IPO priced — RVI priced at $25/share, sizing the vehicle at about $658.4M (up to ~$705.7M with greenshoe). The fund gives retail access to private companies and supports Robinhood’s venture ecosystem, but it sits outside the core brokerage P&L. RVI IPO Pricing
• Negative Sentiment: RVI’s poor debut dented sentiment — The publicly traded venture vehicle fell ~11% on its first day, which can sour investor sentiment about Robinhood’s private‑market experiment and reduce enthusiasm around related announcements. CNBC: RVI Tanks 11%
• Negative Sentiment: Insider sale — An insider sold 10,000 shares (~$754.9k) at about $75.49 earlier this week; while not large relative to total holdings, such sales can amplify near‑term caution. Insider Sale Filing
• Negative Sentiment: Recent fundamentals & valuation risks — Q4 EPS beat but revenue slightly missed (crypto transaction revenue weakness); HOOD still trades at a premium versus peers, leaving the stock vulnerable if growth or crypto activity slips. Fool: Revenue/crypto context

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $77.09 on Monday. The business’s fifty day moving average is $95.09 and its 200 day moving average is $114.92. The firm has a market cap of $69.40 billion, a price-to-earnings ratio of 37.42, a PEG ratio of 1.59 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 earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm’s revenue was up 26.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.01 EPS. Equities analysts predict that Robinhood Markets, Inc. will post 1.35 EPS 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.