Requisite Capital Management LLC reduced its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 76.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,064 shares of the company’s stock after selling 6,587 shares during the period. Requisite Capital Management LLC’s holdings in Robinhood Markets were worth $233,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of HOOD. North Dakota State Investment Board acquired a new stake in Robinhood Markets during the fourth quarter worth about $2,867,000. Elyxium Wealth LLC acquired a new position in shares of Robinhood Markets in the 4th quarter valued at approximately $27,000. Abacus Wealth Partners LLC acquired a new position in shares of Robinhood Markets in the 4th quarter valued at approximately $203,000. iA Global Asset Management Inc. lifted its holdings in shares of Robinhood Markets by 41.2% during the 4th quarter. iA Global Asset Management Inc. now owns 90,340 shares of the company’s stock worth $10,217,000 after acquiring an additional 26,357 shares during the period. Finally, Millennium Capital Advisors LLC bought a new stake in shares of Robinhood Markets during the 4th quarter worth approximately $212,000. Institutional investors own 93.27% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on HOOD. Cantor Fitzgerald reissued an “overweight” rating and issued a $110.00 price objective on shares of Robinhood Markets in a research note on Wednesday, April 29th. Barclays cut their target price on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reduced their target price on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Zacks Research cut Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Finally, Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price objective for the company in a research report on Monday, February 9th. 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $107.88.
Robinhood Markets News Summary
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: April 2026 trading data showed higher equity and options activity, while platform assets jumped 49% year over year to $345.4 billion, signaling continued user engagement and growth for Robinhood. Article Title
- Positive Sentiment: The Senate Banking Committee advanced the Digital Asset Clarity Act, which could reduce regulatory uncertainty around crypto trading and is viewed as a constructive development for Robinhood’s crypto business. Article Title
- Positive Sentiment: Tiger Global Management disclosed a new first-quarter position in Robinhood in its latest 13-F filing, which may be seen as a vote of confidence from a major hedge fund. Article Title
- Neutral Sentiment: Robinhood’s exchange Rothera self-certified its first prediction market contracts, adding another product area that could broaden the platform over time. Article Title
- Negative Sentiment: Crypto-related stocks, including Robinhood, lost momentum as the initial rally tied to crypto legislation faded and investors refocused on broader market and digital asset risks. Article Title
Robinhood Markets Price Performance
Shares of Robinhood Markets stock opened at $77.14 on Monday. Robinhood Markets, Inc. has a fifty-two week low of $59.68 and a fifty-two week high of $153.86. The firm has a market capitalization of $69.46 billion, a P/E ratio of 37.27, a P/E/G ratio of 2.52 and a beta of 2.29. The company’s 50 day moving average price is $76.46 and its two-hundred day moving average price is $98.56.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the company posted $0.37 earnings per share. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts expect that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Steven M. Quirk sold 8,540 shares of the business’s 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 sale, the insider directly owned 53,183 shares in the company, valued at approximately $4,516,832.19. The trade was a 13.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $69.83, for a total value of $26,186,250.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at $26,186,250. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 487,907 shares of company stock worth $35,444,040. Company insiders own 14.47% of the company’s stock.
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.
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Want to see what other hedge funds are holding HOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report).
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