Teacher Retirement System of Texas Has $14.96 Million Position in Robinhood Markets, Inc. $HOOD

Teacher Retirement System of Texas boosted its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 13.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 132,254 shares of the company’s stock after purchasing an additional 15,244 shares during the quarter. Teacher Retirement System of Texas’ holdings in Robinhood Markets were worth $14,958,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of HOOD. Valley National Advisers Inc. grew its position in Robinhood Markets by 113.6% in 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 period. Sound Income Strategies LLC grew its position 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 purchasing an additional 145 shares during the period. Golden State Wealth Management LLC grew its position in Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 99 shares during the period. Godsey & Gibb Inc. acquired a new stake in Robinhood Markets in the 4th quarter valued at $28,000. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Robinhood Markets in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HOOD. Morgan Stanley reduced their price target on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Sanford C. Bernstein reissued an “outperform” rating and issued a $130.00 price target on shares of Robinhood Markets in a research report on Tuesday, April 14th. KeyCorp reduced their price target on shares of Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating for the company in a research report on Tuesday. Truist Financial reduced 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 report on Monday, April 13th. Finally, Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price objective on the stock in a research note on Monday, February 9th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $111.08.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $107.48, for a total transaction of $630,262.72. Following the transaction, 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 Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,261 shares of Robinhood Markets stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $86.38, for a total value of $4,946,205.18. 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 quarter, insiders sold 540,476 shares of company stock worth $40,299,967. 14.47% of the stock is currently owned by insiders.

Robinhood Markets Trading Up 1.4%

Shares of NASDAQ:HOOD opened at $84.71 on Friday. The stock’s fifty day simple moving average is $76.06 and its two-hundred day simple moving average is $104.55. Robinhood Markets, Inc. has a 1-year low of $45.56 and a 1-year high of $153.86. The stock has a market cap of $76.27 billion, a PE ratio of 41.12, a price-to-earnings-growth ratio of 2.48 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $1.01 EPS. The business’s revenue was up 26.5% on a year-over-year basis. On average, sell-side analysts forecast that Robinhood Markets, Inc. will post 1.97 earnings per share for the current fiscal year.

Robinhood Markets News Roundup

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

• Positive Sentiment: Singapore expansion — Robinhood secured in‑principle approval from Singapore regulators to operate a brokerage and is rolling out a Ventures/private-markets initiative that could broaden revenue and product diversity in APAC. Read More.
• Positive Sentiment: Analyst upgrade/market interest — an analyst upgrade and related coverage have driven increased searches and short‑term buying interest, supporting intraday upside. Read More.
• Positive Sentiment: Cantor Fitzgerald bullish call — at least one sell‑side shop remains constructive on HOOD’s medium‑term upside, providing conviction for some investors. Read More.
• Neutral Sentiment: Heightened attention/earnings focus — Zacks and other outlets note heavy investor interest and preview Q1 results due April 28, which is increasing volatility but not providing a clear directional signal. Read More.
• Neutral Sentiment: Earnings preview uncertainty — analysts are split on Q1, so short‑term swings may continue until the earnings release. Read More.
• Negative Sentiment: Regulatory/legal risk — the Wisconsin DOJ sued five prediction‑market operators, including Robinhood, alleging their sports‑based contracts amount to illegal gambling; this introduces legal uncertainty and potential compliance costs. Read More.
• Negative Sentiment: Price-target cut from JPMorgan — JPMorgan trimmed its target (from $113 to $92) and moved to Neutral, which can reduce buy‑side conviction and near‑term upside. Read More.
• Negative Sentiment: Insider selling and lowered expectations — reports of insider sales and some firms (e.g., KeyCorp) lowering forecasts add selling pressure and raise questions about near‑term momentum. Read More. Read More.

Robinhood Markets Company 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.