Cresset Asset Management LLC Buys 8,436 Shares of Robinhood Markets, Inc. $HOOD

Cresset Asset Management LLC grew its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 8.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,787 shares of the company’s stock after buying an additional 8,436 shares during the period. Cresset Asset Management LLC’s holdings in Robinhood Markets were worth $16,149,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Fox Hill Wealth Management acquired a new stake in shares of Robinhood Markets in the 3rd quarter valued at approximately $3,011,000. Oak Grove Capital LLC increased its stake in Robinhood Markets by 129.4% in the third quarter. Oak Grove Capital LLC now owns 7,800 shares of the company’s stock valued at $1,117,000 after purchasing an additional 4,400 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new stake in Robinhood Markets in the third quarter valued at approximately $4,295,000. CI Investments Inc. raised its holdings in Robinhood Markets by 144.8% in the third quarter. CI Investments Inc. now owns 8,253 shares of the company’s stock worth $1,182,000 after purchasing an additional 4,881 shares during the period. Finally, Focus Partners Advisor Solutions LLC boosted its position in shares of Robinhood Markets by 33.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 23,721 shares of the company’s stock worth $3,294,000 after purchasing an additional 5,960 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction on Monday, January 5th. The shares were sold at an average price of $121.63, for a total value of $45,611,250.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the transaction, the insider owned 403,612 shares of the company’s stock, valued at approximately $49,071,146.96. This represents a 2.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 470,997 shares of company stock worth $55,147,954 in the last three months. 14.47% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on HOOD. Truist Financial lowered their price objective on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Sanford C. Bernstein restated an “outperform” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Needham & Company LLC dropped their price target on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Bank of America cut their price objective on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Finally, Compass Point reissued a “buy” rating 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 issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $121.71.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $82.21 on Thursday. The stock has a 50-day simple moving average of $96.71 and a 200 day simple moving average of $115.30. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86. The company has a market cap of $74.01 billion, a PE ratio of 39.91, a PEG ratio of 1.54 and a beta of 2.47.

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, topping analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the firm posted $1.01 EPS. The business’s revenue was up 26.5% on a year-over-year basis. On average, research analysts predict that Robinhood Markets, Inc. will post 1.35 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: Robinhood launched a new premium Platinum credit card aimed at high‑income customers, signaling a push to win affluent clients and capture more consumer wallet share; this expands revenue potential beyond trading. Robinhood targets wealthy customers with new Platinum credit card
• Positive Sentiment: The company is unveiling multiple new products at a high‑profile launch event (JFK), which has generated positive investor buzz and helped lift the stock as traders anticipate new monetization paths. Robinhood Stock Takes Flight Ahead of Product Launch Event
• Positive Sentiment: Robinhood is piloting an advisor referral network and articulating a “financial super app” strategy (banking, investing, AI tools), which, if executed, could increase customer lifetime value and diversify fee streams. Robinhood Tests Advisor Network As Super App Vision Shapes Growth Story
• Positive Sentiment: Cryptocurrency price recovery (notably Bitcoin) boosted crypto‑related securities and trading activity, providing a short‑term tailwind to Robinhood’s transaction revenue and driving intraday gains. Why Are Robinhood (HOOD) Shares Soaring Today
• Positive Sentiment: High‑profile endorsements and bullish commentary (e.g., Jim Cramer) are amplifying investor optimism about Robinhood’s long‑term position in retail finance and its product roadmap. Jim Cramer on Robinhood: “They Own the Future”
• Neutral Sentiment: Robinhood is attracting heightened retail and media attention (noted by outlets like Zacks), which increases trading volume and volatility but is not a direct fundamental driver. Investors Heavily Search Robinhood Markets, Inc. (HOOD): Here is What You Need to Know
• Negative Sentiment: Execution and competition risk: the premium credit card and super‑app moves put Robinhood up against entrenched players (AmEx, JPMorgan, established RIA channels); failure to attract wealthy customers or monetize new services would pressure expectations. Robinhood launches new platinum credit card aimed at wealthy customers

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.