Strs Ohio raised its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 10.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 307,648 shares of the company’s stock after acquiring an additional 29,920 shares during the quarter. Strs Ohio’s holdings in Robinhood Markets were worth $21,320,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Empowered Funds LLC grew its stake in shares of Robinhood Markets by 46.7% in the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after purchasing an additional 15,885 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Robinhood Markets during the 2nd quarter worth about $5,105,000. Federated Hermes Inc. lifted its holdings in Robinhood Markets by 106.2% during the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock worth $5,988,000 after buying an additional 32,933 shares during the period. NewEdge Advisors LLC lifted its holdings in 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 buying an additional 14,356 shares during the period. Finally, Nebula Research & Development LLC bought a new stake in shares of Robinhood Markets in the 2nd quarter valued at about $1,316,000. Institutional investors own 93.27% of the company’s stock.
Robinhood Markets Price Performance
NASDAQ:HOOD opened at $112.73 on Friday. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86. The company has a fifty day moving average of $87.70 and a 200-day moving average of $89.61. The firm has a market capitalization of $101.51 billion, a P/E ratio of 54.46, a P/E/G ratio of 2.53 and a beta of 2.33.
Insider Activity at Robinhood Markets
In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $76.89, for a total transaction of $768,900.00. Following the transaction, the insider owned 432,849 shares of the company’s stock, valued at $33,281,759.61. This represents a 2.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 67,422 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $75.38, for a total value of $5,082,270.36. 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. Over the last ninety days, insiders have purchased 680,000 shares of company stock worth $55,306,560 and have sold 633,484 shares worth $47,542,923. Company insiders own 14.47% of the company’s stock.
Key Stories Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood launched Robinhood Chain, a public Ethereum-based layer-2 blockchain built for tokenized assets and real-world assets, which investors see as a major expansion of its crypto and onchain finance strategy. Robinhood Markets Launches Public Blockchain
- Positive Sentiment: The company unveiled a broader slate of new offerings, including stock tokens, agentic trading tools, and DeFi products, suggesting new revenue streams and stronger product differentiation. Robinhood shares climb on slate of new offerings
- Positive Sentiment: Analyst commentary has turned more bullish, with firms including Mizuho, BTIG, and Barron’s-highlighted picks raising price targets or naming HOOD a top idea, adding momentum to the stock. Senior analyst revamps Robinhood price target amid hyperscaling potential
- Positive Sentiment: Robinhood is seeing unusually heavy call-option buying and a broad crypto-stock bounce, which signals traders are betting on continued upside. Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce
- Neutral Sentiment: The company confirmed it will report second-quarter 2026 results on July 29, keeping attention on execution and whether the new product launches start showing up in financial results. Robinhood Markets, Inc. to Announce Second Quarter 2026 Results on July 29, 2026
- Neutral Sentiment: CEO Vlad Tenev’s comments about AI agents matching human traders and Robinhood’s Guinness World Record announcement are attention-grabbing, but they are more branding/vision stories than immediate financial drivers. AI agents will have ‘capability’ of human traders, Robinhood CEO tells CNBC
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on HOOD shares. Loop Capital set a $110.00 price target on Robinhood Markets in a research note on Wednesday, June 17th. Jefferies Financial Group cut their price objective on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Argus upped their target price on Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. Barclays decreased their target price on shares of Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $130.00 price target on shares of Robinhood Markets in a report on Tuesday, April 14th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $115.00.
Read Our Latest Stock Analysis on HOOD
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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