Crossmark Global Holdings Inc. raised its stake in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 58.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,410 shares of the company’s stock after acquiring an additional 11,932 shares during the period. Crossmark Global Holdings Inc.’s holdings in Robinhood Markets were worth $3,666,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after purchasing an additional 18,824,923 shares in the last quarter. State Street Corp lifted its position in shares of Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after buying an additional 16,375,734 shares in the last quarter. Jennison Associates LLC purchased a new stake in shares of Robinhood Markets in the third quarter worth about $322,823,000. Northern Trust Corp boosted its stake in Robinhood Markets by 48.5% during the third quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock valued at $881,608,000 after buying an additional 2,011,820 shares during the last quarter. Finally, Clear Street Group Inc. bought a new position in Robinhood Markets during the third quarter valued at approximately $241,200,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.
Robinhood Markets Price Performance
NASDAQ:HOOD opened at $77.03 on Monday. The firm has a market capitalization of $69.37 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 2.52 and a beta of 2.29. The business has a 50 day simple moving average of $76.44 and a 200-day simple moving average of $100.98. Robinhood Markets, Inc. has a 1 year low of $53.74 and a 1 year high of $153.86.
Analysts Set New Price Targets
A number of analysts have issued reports on HOOD shares. Barclays reduced their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. New Street Research set a $122.00 target price on shares of Robinhood Markets in a report on Thursday, March 5th. Needham & Company LLC reduced their price target on shares of Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. The Goldman Sachs Group decreased their price target on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a research note on Thursday, March 26th. Finally, KeyCorp lowered their price objective on shares of Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.88.
View Our Latest Stock Report on HOOD
Insider Activity at Robinhood Markets
In other news, Director Baiju Bhatt sold 57,261 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $86.38, for a total value of $4,946,205.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 8,540 shares of Robinhood Markets stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total transaction of $725,302.20. Following the transaction, the insider directly owned 53,183 shares of the company’s stock, valued at approximately $4,516,832.19. This represents a 13.84% 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 sold 487,907 shares of company stock valued at $35,444,040 over the last three months. Corporate insiders own 19.95% of the company’s stock.
More Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood’s prediction markets and event contracts are emerging as a potentially meaningful new growth engine, giving the company a foothold in a fast-growing market that could diversify revenue beyond crypto and core brokerage activity. Robinhood’s Next Big Growth Engine May Not Be Crypto. Here’s Why Prediction Markets Could Matter More.
- Positive Sentiment: Robinhood won SEC relief on its Form CRS requirements tied to Trump accounts, removing a potential compliance burden and reducing regulatory friction around a new product initiative. Robinhood Wins Form CRS Relief from SEC on Trump Accounts
- Neutral Sentiment: CEO Vlad Tenev’s comments that the law around sports prediction markets “maybe should be updated” suggest Robinhood sees long-term opportunity, but monetization and regulatory clarity are still uncertain. Robinhood CEO Vlad Tenev concedes Gary Gensler may have a point on sports prediction markets
- Neutral Sentiment: An insider sale of 10,000 shares by Daniel Martin Gallagher, Jr. may weigh on sentiment slightly, though the transaction was made under a pre-arranged 10b5-1 plan. Robinhood Markets insider selling alert
- Neutral Sentiment: Broader commentary continues to highlight Robinhood’s year-to-date underperformance versus peers, reflecting concerns about revenue durability and competitive positioning. Robinhood Is Down 30% in 2026 While Interactive Brokers Is Up 35%: Here’s Why
- Negative Sentiment: Competition in crypto trading is intensifying as E*Trade rolls out lower-fee direct crypto trading, which could pressure Robinhood’s transaction volumes and margins in a key business line. Robinhood Faces Cheaper Crypto Rival As Retail Venture Fund Expands Access
Robinhood Markets 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.
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