Mirae Asset Global Investments Co. Ltd. Acquires 206,516 Shares of Robinhood Markets, Inc. $HOOD

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOODFree Report) by 341.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 267,074 shares of the company’s stock after acquiring an additional 206,516 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Robinhood Markets were worth $38,240,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Robinhood Markets by 1.8% in the second quarter. Vanguard Group Inc. now owns 75,612,131 shares of the company’s stock valued at $7,079,564,000 after purchasing an additional 1,371,051 shares during the period. State Street Corp raised its holdings in Robinhood Markets by 9.2% in the 2nd quarter. State Street Corp now owns 15,870,421 shares of the company’s stock valued at $1,485,948,000 after acquiring an additional 1,341,204 shares during the period. Geode Capital Management LLC lifted its position in Robinhood Markets by 4.0% during the second quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock worth $1,233,840,000 after acquiring an additional 507,926 shares during the last quarter. WCM Investment Management LLC boosted its stake in Robinhood Markets by 3,615.7% in the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock valued at $1,081,910,000 after purchasing an additional 11,244,182 shares during the period. Finally, Norges Bank bought a new stake in shares of Robinhood Markets during the 2nd quarter valued at $973,122,000. Institutional investors own 93.27% of the company’s stock.

Key Robinhood Markets News

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

  • Positive Sentiment: Needham reaffirmed a “buy” and set a $135 price target, signaling ~30% upside from current levels and supporting upside expectations from research coverage. Read More.
  • Positive Sentiment: Cantor Fitzgerald upgraded HOOD to “strong-buy,” adding institutional momentum to the stock narrative and potentially attracting flow from model-driven funds. Read More.
  • Positive Sentiment: Zacks publishes a favorable longer-term view — framing Robinhood’s evolution from discount broker to a broader fintech platform — which supports multiple growth levers (crypto, global expansion, new products). Read More.
  • Neutral Sentiment: Analysts and commentaries note HOOD’s 105.6% one?year gain; debate centers on whether current multiples already price in crypto tailwinds and expansion — watch guidance and margin cadence for validation. Read More.
  • Neutral Sentiment: Comparative pieces (SCHW vs HOOD) highlight valuation and product differences — useful for relative?value investors weighing Robinhood’s growth premium vs. incumbents. Read More.
  • Neutral Sentiment: Wider market commentary (Nasdaq/AI themes) may lift growth?oriented fintech names, including HOOD, but exposure depends on beta to tech and crypto performance. Read More.
  • Neutral Sentiment: MarketBeat notes Capital One’s acquisition of Brex — Brex counts Robinhood as a customer — so shifts in corporate payments and bank consolidation could have mixed implications for Robinhood’s B2B relationships. Read More.
  • Negative Sentiment: Robinhood was singled out in a Zacks piece noting it “fell more than the broader market,” underscoring short?term volatility and investor sensitivity to news flow and trading volumes. Read More.
  • Negative Sentiment: Insider selling: CTO Jeffrey Pinner sold 5,864 shares (~39% reduction of his holding), a disclosed SEC Form 4 that can create short?term selling pressure or signal personal liquidity needs. Read More.

Wall Street Analyst Weigh In

HOOD has been the topic of a number of research reports. Loop Capital set a $152.00 target price on shares of Robinhood Markets in a report on Thursday, December 11th. Keefe, Bruyette & Woods upped their target price on Robinhood Markets from $121.00 to $135.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. Bank of America decreased their price objective on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. Truist Financial began coverage on Robinhood Markets in a research report on Wednesday, December 17th. They issued a “buy” rating and a $155.00 target price for the company. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Robinhood Markets in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $136.62.

Read Our Latest Research Report on Robinhood Markets

Robinhood Markets Trading Down 1.7%

Robinhood Markets stock opened at $103.40 on Thursday. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86. The firm has a market capitalization of $92.98 billion, a PE ratio of 42.90, a price-to-earnings-growth ratio of 1.64 and a beta of 2.44. The firm’s 50 day simple moving average is $118.29 and its 200 day simple moving average is $119.86.

Robinhood Markets (NASDAQ:HOODGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm posted $0.17 earnings per share. The business’s revenue was up 100.0% compared to the same quarter last year. Research analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Insider Buying and Selling

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.63, for a total value of $45,611,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total transaction of $15,855,600.00. Following the completion of the transaction, the insider directly owned 430,012 shares of the company’s stock, valued at approximately $56,817,485.56. The trade was a 21.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,878,425 shares of company stock worth $358,100,808 in the last ninety days. Corporate insiders own 19.95% of the company’s stock.

About Robinhood Markets

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Robinhood Markets (NASDAQ:HOOD)

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