Natixis Advisors LLC Purchases 8,394 Shares of Robinhood Markets, Inc. $HOOD

Natixis Advisors LLC grew its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 3.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 222,870 shares of the company’s stock after purchasing an additional 8,394 shares during the period. Natixis Advisors LLC’s holdings in Robinhood Markets were worth $31,911,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Valley National Advisers Inc. lifted its holdings in Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Golden State Wealth Management LLC grew its holdings 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 buying an additional 99 shares in the last quarter. Smithfield Trust Co bought a new position in Robinhood Markets during the 2nd quarter worth $29,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Robinhood Markets during the 3rd quarter worth $29,000. Finally, Vision Financial Markets LLC lifted its holdings in shares of Robinhood Markets by 100.0% during the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after buying an additional 100 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Down 1.0%

HOOD stock opened at $78.53 on Wednesday. Robinhood Markets, Inc. has a 52 week low of $29.66 and a 52 week high of $153.86. The business has a 50-day simple moving average of $93.59 and a 200 day simple moving average of $114.51. The company has a market cap of $70.70 billion, a PE ratio of 38.12, a price-to-earnings-growth ratio of 1.64 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company posted $1.01 earnings per share. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. On average, analysts anticipate that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Insider Activity

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total transaction of $754,900.00. Following the completion of the transaction, the insider directly owned 452,849 shares in the company, valued at $34,185,571.01. The trade was a 2.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $107.48, for a total value of $630,262.72. Following the sale, the chief technology officer owned 9,133 shares of the company’s stock, valued at $981,614.84. The trade was a 39.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 475,132 shares of company stock worth $55,127,149. Insiders own 19.95% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Compass Point reissued a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Zacks Research cut shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Dbs Bank raised shares of Robinhood Markets to a “moderate buy” rating in a report on Wednesday, November 12th. Truist Financial decreased their target price on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Finally, Barclays lowered their target price on shares of Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $121.73.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Big drop in short interest — Short interest fell 12.8% in February to ~30.13M shares (4.2% of float) with a days-to-cover of ~1.2, reducing the risk of a large short squeeze and removing a potential source of downside volatility.
• Positive Sentiment: Product and revenue momentum from prediction markets and new products — Coverage highlights that Robinhood’s “SuperApp” push and prediction-markets business are scaling (prediction markets annualizing roughly $435M and accounting for ~10% of FY25 revenue), and the company is rolling out new initiatives (Robinhood Ventures Fund I and a high-end Platinum card) that expand monetization beyond core trading. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: High-profile endorsement and bullish commentary — Prominent media/talent (Jim Cramer) and coverage framing Robinhood as a multi-year growth story/supportive analyst commentary can help institutional and retail sentiment and buying interest. Jim Cramer on Robinhood: “The Question Is, Would You Buy It Now? And the Answer Is a Resounding Yes”
• Positive Sentiment: Crypto price strength may boost transaction and crypto revenue — A rally in Bitcoin and other cryptos tends to lift crypto trading volumes and engagement on Robinhood’s platform, which supports its crypto-derived revenue. Bitcoin Surges Past $70,000. Ethereum, XRP Rise as Cryptos Get a Trump Boost.
• Neutral Sentiment: Sector and analyst narratives — Several pieces discuss Robinhood as an AI/tech innovator or long-term growth name (Fool, Yahoo mentions). These are constructive for narrative but not immediate catalysts unless adoption/metrics follow. 2 AI Stocks Shaping the Future of Technology to Buy Now, According to Wall Street
• Neutral Sentiment: Third-party infrastructure developments (tokenization) — Nasdaq’s tokenization work with Kraken expands the digital-assets ecosystem; this is an industry tailwind but only indirectly relevant to Robinhood unless it moves into tokenized securities aggressively. Nasdaq teams up with Kraken to expand tokenization infrastructure
• Negative Sentiment: Technical and broader weakness — Despite record revenue and EPS beats, HOOD remains materially below its 50- and 200-day moving averages and is down significantly year-to-date, which keeps momentum-focused investors on the sidelines and can pressure the stock until it reclaims key moving averages.
• Negative Sentiment: Lower-than-average intraday volume — Today’s trading volume is below the stock’s average, which can amplify moves and signal less conviction behind any intraday rebounds.

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.