State of Alaska Department of Revenue Makes New Investment in Robinhood Markets, Inc. $HOOD

State of Alaska Department of Revenue acquired a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 83,250 shares of the company’s stock, valued at approximately $11,919,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HOOD. Coordinated Financial Services Inc. purchased a new stake in shares of Robinhood Markets during the 2nd quarter worth approximately $403,000. Venture Visionary Partners LLC raised its stake in Robinhood Markets by 63.0% during the 2nd quarter. Venture Visionary Partners LLC now owns 125,420 shares of the company’s stock worth $11,743,000 after acquiring an additional 48,494 shares in the last quarter. Swedbank AB boosted its stake in Robinhood Markets by 15.7% in the first quarter. Swedbank AB now owns 298,931 shares of the company’s stock valued at $12,442,000 after acquiring an additional 40,496 shares in the last quarter. Wedmont Private Capital boosted its stake in Robinhood Markets by 102.9% in the second quarter. Wedmont Private Capital now owns 25,206 shares of the company’s stock valued at $2,383,000 after acquiring an additional 12,782 shares in the last quarter. Finally, Generali Asset Management SPA SGR purchased a new position in shares of Robinhood Markets during the third quarter worth about $2,375,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Argus initiated coverage with a Buy and $145 price target (roughly mid‑teens upside vs. current levels), providing fresh analyst support for the bullish case. Argus initiates coverage
• Positive Sentiment: Barclays kept an “Overweight” stance while trimming its target to $159 — still signaling sizeable upside and institutional confidence in growth prospects. Barclays lowers target to $159
• Positive Sentiment: High‑profile media/analyst notes (including Jim Cramer and Zacks pieces) are highlighting HOOD as a longer‑term growth story and as a momentum/crypto‑exposure play, which can support retail interest and trading volumes. Jim Cramer bullish on Robinhood
• Neutral Sentiment: Institutional positioning shows active adjustments (e.g., Nordea and others buying small additional stakes), leaving ownership high (~93% institutional) — this can amplify both upside and downside moves depending on flow.
• Negative Sentiment: Large insider selling: CEO Vladimir Tenev sold 375,000 shares (~$45.6M), CTO Jeffrey Pinner sold 5,864 shares, and another senior insider sold 10,000 shares — big disclosed sales that typically weigh on near‑term sentiment. CEO Form 4 CTO Form 4
• Negative Sentiment: Zacks downgraded HOOD from “strong‑buy” to “hold,” a move that can prompt momentum‑based selling and reduce near‑term buy pressure from retail/quant strategies. Zacks downgrade
• Negative Sentiment: Escalating legal dispute reported with Native American groups over prediction market activity introduces litigation and regulatory risk that could produce headlines and potential costs. Legal escalation report

Robinhood Markets Stock Performance

Shares of Robinhood Markets stock opened at $115.27 on Friday. Robinhood Markets, Inc. has a one year low of $29.66 and a one year high of $153.86. The company has a market cap of $103.65 billion, a P/E ratio of 47.83, a PEG ratio of 1.75 and a beta of 2.44. The firm has a fifty day moving average of $123.32 and a two-hundred day moving average of $118.03.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.20. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The business’s revenue was up 100.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 earnings per share. As a group, equities analysts predict that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HOOD. Bank of America decreased their target price on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. Citizens Jmp increased their price objective on Robinhood Markets from $170.00 to $180.00 and gave the company a “market outperform” rating in a report on Friday, November 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. JMP Securities lifted their target price on shares of Robinhood Markets from $130.00 to $170.00 and gave the company a “market outperform” rating in a report on Thursday, October 9th. Finally, Dbs Bank upgraded shares of Robinhood Markets to a “moderate buy” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and an average price target of $136.62.

Insiders Place Their Bets

In other news, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $132.13, for a total value of $15,855,600.00. Following the completion of the sale, the insider owned 430,012 shares in the company, valued at approximately $56,817,485.56. This trade represents a 21.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 3,296,763 shares of company stock worth $414,016,996. Company insiders own 14.47% of the company’s stock.

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.