WT Wealth Management Increases Position in Robinhood Markets, Inc. $HOOD

WT Wealth Management lifted its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 736.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,298 shares of the company’s stock after purchasing an additional 13,470 shares during the period. WT Wealth Management’s holdings in Robinhood Markets were worth $1,730,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in Robinhood Markets by 46.7% during the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after buying an additional 15,885 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Robinhood Markets in the 2nd quarter valued at about $5,105,000. Federated Hermes Inc. increased its holdings in shares of Robinhood Markets by 106.2% in the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock valued at $5,988,000 after acquiring an additional 32,933 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Robinhood Markets by 19.1% during the 2nd quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock worth $8,396,000 after acquiring an additional 14,356 shares in the last quarter. Finally, Nebula Research & Development LLC purchased a new stake in Robinhood Markets during the second quarter worth approximately $1,316,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Traders are buying HOOD on a risk-on tape and a crypto bounce, with coverage noting Robinhood among several crypto-exposed platforms that got a lift as bitcoin rallied. Robinhood Stock Is Climbing Monday: What Investors Need To Know
• Positive Sentiment: Management is pushing prediction markets as a new revenue stream to offset crypto weakness; investors see this as a potential new engagement and fee opportunity if adoption grows. Robinhood eyes prediction markets as crypto revenue plunges
• Positive Sentiment: Robinhood was named the initial trustee for new federally funded minor IRA accounts (“Trump Accounts”) and is expanding international crypto offerings — a potential source of new retail flows and regulatory partnership benefits. Robinhood’s Trump Accounts Role Recasts Growth, Regulation And Crypto Ambitions
• Neutral Sentiment: Bloomberg reports a growing “crypto shadow market” offering retail exposure to private AI companies — a trend that could create product ideas for retail platforms, but it’s an industry-wide development rather than a firm-specific catalyst. AI’s Hottest Private Companies Have Booming Crypto Shadow Market
• Neutral Sentiment: Media and commentators (including Jim Cramer) are discussing Robinhood as part of broader market narratives; this increases attention but doesn’t directly change fundamentals. Jim Cramer Discusses “Gunslingers” & Robinhood (HOOD)
• Negative Sentiment: Crypto revenue has plunged, weighing on quarter-to-quarter growth and contributing to a revenue miss last quarter; analysts and feature pieces question whether Robinhood remains too dependent on crypto trading volumes. Is Robinhood’s Business Too Dependent on Crypto?
• Negative Sentiment: Recent weeks included underperformance versus large-cap peers after earnings and weaker guidance, reminding investors that execution on diversification initiatives will be required to justify higher valuations. Roblox, Spotify, And Robinhood Are Among Top 10 Large-Cap Losers Last Week

Insiders Place Their Bets

In other news, CFO Shiv Verma sold 5,436 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $85.86, for a total transaction of $466,734.96. Following the completion of the sale, the chief financial officer owned 52,747 shares in the company, valued at approximately $4,528,857.42. This represents a 9.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $698,500.00. Following the completion of the transaction, the insider owned 442,849 shares in the company, valued at $30,933,002.65. This trade represents a 2.21% 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 ninety days, insiders sold 477,907 shares of company stock valued at $34,675,140. 19.95% of the stock is owned by insiders.

Robinhood Markets Trading Up 3.9%

Shares of NASDAQ HOOD opened at $76.55 on Tuesday. Robinhood Markets, Inc. has a twelve month low of $45.56 and a twelve month high of $153.86. The stock has a 50 day moving average of $76.22 and a two-hundred day moving average of $102.13. The stock has a market cap of $68.92 billion, a P/E ratio of 36.98, a P/E/G ratio of 2.36 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last announced its 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 business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business’s revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the business posted $0.37 earnings per share. As a group, research analysts predict that Robinhood Markets, Inc. will post 1.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on HOOD shares. Wall Street Zen lowered shares of Robinhood Markets from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Zacks Research cut shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a research report on Friday, March 27th. Loop Capital set a $130.00 price target on shares of Robinhood Markets in a research note on Monday, February 9th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $155.00 price target on shares of Robinhood Markets in a research report on Wednesday, April 29th. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Robinhood Markets has an average rating of “Moderate Buy” and an average price target of $107.88.

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.