IPG Investment Advisors LLC Sells 9,788 Shares of Robinhood Markets, Inc. $HOOD

IPG Investment Advisors LLC cut its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 63.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,670 shares of the company’s stock after selling 9,788 shares during the period. IPG Investment Advisors LLC’s holdings in Robinhood Markets were worth $641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. First Command Advisory Services Inc. raised its position in shares of Robinhood Markets by 33.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock worth $46,000 after acquiring an additional 81 shares in the last quarter. Evolution Wealth Advisors LLC raised its position in shares of Robinhood Markets by 5.2% in the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after acquiring an additional 95 shares in the last quarter. CogentBlue Wealth Advisors LLC raised its position in shares of Robinhood Markets by 4.1% in the 4th quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock worth $282,000 after acquiring an additional 98 shares in the last quarter. Golden State Wealth Management LLC raised its position in shares of Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares in the last quarter. Finally, Vision Financial Markets LLC raised its position in shares of Robinhood Markets by 100.0% in the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares in the last quarter. 93.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Jefferies Financial Group lowered their price objective on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Keefe, Bruyette & Woods reduced their target price on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research note on Wednesday, April 29th. Cantor Fitzgerald restated an “overweight” rating and issued a $110.00 target price on shares of Robinhood Markets in a research note on Wednesday, April 29th. Loop Capital set a $94.00 target price on Robinhood Markets in a research note on Wednesday. Finally, Citizens Jmp restated a “market outperform” rating and issued a $155.00 target price on shares of Robinhood Markets in a research note on Wednesday, April 29th. Eighteen equities research 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 an average rating of “Moderate Buy” and a consensus target price of $106.38.

Robinhood Markets Price Performance

Shares of HOOD opened at $76.23 on Thursday. The company has a market cap of $68.65 billion, a PE ratio of 36.83, a P/E/G ratio of 2.25 and a beta of 2.29. Robinhood Markets, Inc. has a one year low of $62.92 and a one year high of $153.86. The stock has a 50-day moving average of $76.09 and a 200-day moving average of $94.83.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. Robinhood Markets’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. Analysts expect that Robinhood Markets, Inc. will post 1.88 EPS for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, Director Baiju Bhatt sold 67,422 shares of Robinhood Markets stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total transaction of $5,082,270.36. The transaction was disclosed in a 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, insider Steven M. Quirk sold 8,540 shares of Robinhood Markets stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $84.93, for a total value of $725,302.20. Following the transaction, the insider owned 53,183 shares of the company’s stock, valued at $4,516,832.19. This trade represents a 13.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 560,765 shares of company stock worth $40,946,840. 14.47% of the stock is currently owned by corporate insiders.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood launched tools that allow AI agents to trade stocks on behalf of users, which could increase platform usage and attract tech-savvy retail traders. Reuters article
• Positive Sentiment: The company also extended AI-agent functionality to credit card purchases, broadening the product ecosystem and highlighting a possible first-mover advantage in “agentic” finance. CNBC article
• Positive Sentiment: Media coverage framed the launch as a major step in AI-driven consumer finance, reinforcing bullish sentiment around Robinhood’s ability to innovate and capture new users. TechCrunch article
• Neutral Sentiment: Robinhood also drew attention for its role in the new Trump Accounts mobile app, but this appears more like a separate product/partnership headline than a direct near-term stock catalyst. Fox Business article
• Neutral Sentiment: Analyst commentary and comparison pieces kept Robinhood in the spotlight, but the main trading driver today appears to be the AI-agent announcement rather than a fundamentals update. Zacks article

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.