Kestra Private Wealth Services LLC Raises Stock Position in Robinhood Markets, Inc. $HOOD

Kestra Private Wealth Services LLC lifted its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 46.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,854 shares of the company’s stock after buying an additional 9,123 shares during the period. Kestra Private Wealth Services LLC’s holdings in Robinhood Markets were worth $3,263,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Robinhood Markets by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock worth $10,831,756,000 after acquiring an additional 1,334,443 shares during the last quarter. State Street Corp lifted its stake in shares of Robinhood Markets by 103.2% in the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after purchasing an additional 16,375,734 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Robinhood Markets by 25.3% in the 3rd quarter. Invesco Ltd. now owns 6,191,123 shares of the company’s stock worth $886,445,000 after purchasing an additional 1,248,590 shares during the period. Northern Trust Corp boosted its holdings in shares of Robinhood Markets by 48.5% in the 3rd quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock worth $881,608,000 after purchasing an additional 2,011,820 shares during the period. Finally, Amundi increased its position in shares of Robinhood Markets by 10.6% during the 3rd quarter. Amundi now owns 4,592,764 shares of the company’s stock valued at $662,552,000 after purchasing an additional 440,899 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Insider Buying and Selling

In related news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.83, for a total transaction of $26,186,250.00. Following the completion of the sale, the chief executive officer owned 375,000 shares in the company, valued at $26,186,250. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 52,540 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the completion of the sale, the insider directly owned 27,564 shares of the company’s stock, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their ownership of the stock. 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. Insiders have sold a total of 540,447 shares of company stock worth $40,159,378 over the last ninety days. 14.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HOOD has been the topic of several recent research reports. KeyCorp decreased their price target on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Zacks Research lowered shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Sanford C. Bernstein restated an “outperform” rating and issued a $130.00 target price on shares of Robinhood Markets in a report on Tuesday, April 14th. Finally, Needham & Company LLC dropped their price target on shares of Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday. Eighteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and an average target price of $110.17.

Robinhood Markets News Roundup

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

• Positive Sentiment: Product & user-growth tailwinds: Robinhood reported continued customer and product expansion — strong net deposits (~$18B), record growth in Robinhood Gold subscribers (up ~36% year-over-year to ~4.3M) and ongoing uptake of prediction markets and subscriptions that helped margins. Earnings press release
• Positive Sentiment: International expansion catalyst — Robinhood reportedly received in‑principle regulatory approval to launch a securities brokerage in Singapore, which could broaden revenue sources beyond U.S. crypto and equities. Singapore expansion article
• Neutral Sentiment: Insider activity: CTO Jeffrey Tsvi Pinner sold ~5,835 shares under a pre‑arranged 10b5‑1 plan, reducing his stake; 10b5‑1 trades are routine but can draw attention. SEC filing
• Neutral Sentiment: Mixed analyst moves: Several firms adjusted price targets after the print — some reaffirmed bullish views with higher targets while others trimmed forecasts (Barclays cut its target to $82, Keefe lowered to $65, etc.), leaving consensus sentiment mixed. Analyst note
• Negative Sentiment: Q1 miss and crypto slump: Robinhood reported EPS of $0.38 and revenue of $1.07B — below many Wall Street estimates — and crypto trading revenue plunged (reports cite declines as steep as ~47%), removing a major revenue driver. Crypto revenue article
• Negative Sentiment: Rising expenses and flagged investments: Management warned of higher costs tied to new initiatives (reports call out an ~18% jump in expenses and a flagged ~$100M investment related to onboarding new “Trump” accounts), which weighed on near‑term profitability expectations. Expenses and investment article
• Negative Sentiment: Market reaction & macro backdrop: Shares sold off sharply on the earnings miss amid a broader pullback in financial stocks and Fed‑related market uncertainty, driving elevated volume and downside pressure. Market reaction article

Robinhood Markets Stock Down 13.2%

Shares of Robinhood Markets stock opened at $71.20 on Thursday. The stock’s fifty day moving average is $76.28 and its two-hundred day moving average is $102.83. The company has a market capitalization of $64.10 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 2.52 and a beta of 2.46. Robinhood Markets, Inc. has a 52 week low of $45.56 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.12). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.24 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 earnings per share. As a group, research analysts anticipate that Robinhood Markets, Inc. will post 1.95 earnings per share for the current year.

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.