5,000 Shares in Robinhood Markets, Inc. $HOOD Acquired by EMC Capital Management

EMC Capital Management bought a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $530,000. Robinhood Markets makes up 0.2% of EMC Capital Management’s holdings, making the stock its 24th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of HOOD. CYBER HORNET ETFs LLC grew its holdings in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares during the period. MV Capital Management Inc. purchased a new position in Robinhood Markets during the fourth quarter worth about $27,000. Swiss RE Ltd. purchased a new position in Robinhood Markets during the fourth quarter worth about $27,000. Elyxium Wealth LLC acquired a new position in Robinhood Markets in the 4th quarter valued at about $27,000. Finally, Ankerstar Wealth LLC acquired a new position in Robinhood Markets in the 4th quarter valued at about $30,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Robinhood Markets Price Performance

Shares of HOOD opened at $106.99 on Thursday. The firm has a 50-day simple moving average of $101.64 and a two-hundred day simple moving average of $87.67. The stock has a market cap of $96.19 billion, a PE ratio of 47.13, a P/E/G ratio of 2.13 and a beta of 2.34. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.86. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.44 by $0.18. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the business posted $0.42 EPS. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. As a group, analysts forecast that Robinhood Markets, Inc. will post 2.07 EPS for the current year.

Wall Street Analysts Forecast Growth

HOOD has been the subject of several analyst reports. The Goldman Sachs Group dropped their price target on shares of Robinhood Markets from $137.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Citigroup reiterated a “market outperform” rating on shares of Robinhood Markets in a report on Thursday, May 28th. Cantor Fitzgerald lowered their price objective on Robinhood Markets from $130.00 to $115.00 and set an “overweight” rating for the company in a research report on Monday, August 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research note on Wednesday, June 24th. Finally, KeyCorp lifted their target price on Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Twenty-three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $122.67.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Morgan Stanley upgraded Robinhood to Overweight from Equal Weight and raised its price target to $150 from $124. Analyst Michael Cyprys cited a long growth runway and the potential for Robinhood to generate more revenue from its existing customer base through prediction markets, expanded products and higher engagement. Morgan Stanley Just Upgraded Robinhood Markets
• Positive Sentiment: Scotiabank initiated coverage with a Sector Outperform rating and a $136 price target, adding another favorable Wall Street view and reinforcing expectations for further upside.
• Positive Sentiment: Robinhood’s blockchain initiatives are showing early traction. Robinhood Chain’s tokenized value reportedly surpassed $88 million shortly after its mainnet launch, while the platform recorded approximately $390 million in trading volume. Robinhood was also reported to lead the stock-token market by market capitalization, supporting the investment case for a broader digital-asset ecosystem. Robinhood Chain total tokenized value surpasses $88M
• Positive Sentiment: Investors are also focused on prediction markets, new trading products and Robinhood Banking growth. These offerings could diversify revenue away from transaction-based crypto activity and increase customer monetization. Robinhood will present at the Goldman Sachs Communacopia + Technology Conference on September 9, potentially providing additional product and growth updates. Robinhood to Present at Goldman Sachs Conference
• Neutral Sentiment: Artisan Partners identified Robinhood as an attractive investment, reflecting institutional interest in the company’s growth strategy. However, the stock’s elevated valuation and high beta leave it sensitive to execution risks, market volatility and changes in crypto or retail-trading activity. What Makes Robinhood Markets an Attractive Bet

Insider Activity at Robinhood Markets

In related news, Director Baiju Bhatt sold 57,898 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $89.63, for a total value of $5,189,397.74. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Meyer Malka acquired 250,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price of $80.74 per share, for a total transaction of $20,185,000.00. Following the acquisition, the director directly owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. This trade represents a 6.80% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 591,867 shares of company stock valued at $64,907,806 over the last ninety days. 13.48% of the stock is owned by insiders.

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.