Stenger Family Office LLC Purchases 9,728 Shares of Robinhood Markets, Inc. $HOOD

Stenger Family Office LLC increased its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 32.1% in the first quarter, HoldingsChannel reports. The firm owned 40,022 shares of the company’s stock after purchasing an additional 9,728 shares during the quarter. Stenger Family Office LLC’s holdings in Robinhood Markets were worth $2,774,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Evolution Wealth Advisors LLC lifted its position in Robinhood Markets by 5.2% during the fourth quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock valued at $217,000 after buying an additional 95 shares during the period. CogentBlue Wealth Advisors LLC increased its stake in shares of Robinhood Markets by 4.1% in the 4th quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock worth $282,000 after acquiring an additional 98 shares in the last quarter. SOA Wealth Advisors LLC. increased its stake in shares of Robinhood Markets by 11.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company’s stock worth $109,000 after acquiring an additional 100 shares in the last quarter. Barnes Dennig Private Wealth Management LLC lifted its position in Robinhood Markets by 10.2% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 1,210 shares of the company’s stock valued at $137,000 after acquiring an additional 112 shares during the period. Finally, Bogart Wealth LLC boosted its stake in Robinhood Markets by 8.5% during the fourth quarter. Bogart Wealth LLC now owns 1,463 shares of the company’s stock worth $165,000 after acquiring an additional 114 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors.

Robinhood Markets Stock Up 0.6%

NASDAQ:HOOD opened at $113.53 on Thursday. The company’s 50 day moving average price is $89.54 and its 200-day moving average price is $89.37. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86. The stock has a market cap of $102.23 billion, a price-to-earnings ratio of 54.85, a PEG ratio of 2.53 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the business earned $0.37 EPS. Robinhood Markets’s revenue was up 15.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Robinhood Markets, Inc. will post 1.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on HOOD shares. Argus raised their target price on shares of Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. BTIG Research reissued a “buy” rating and issued a $125.00 price target on shares of Robinhood Markets in a research report on Thursday, July 2nd. Wall Street Zen upgraded Robinhood Markets from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. Loop Capital set a $110.00 price objective on Robinhood Markets in a research report on Wednesday, June 17th. Finally, Citigroup reiterated a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. Twenty-one analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $115.00.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood’s expanding crypto and tokenization strategy remains a key bullish driver, with recent coverage highlighting its push into DeFi, Robinhood Chain, stock tokens, perpetual futures, and AI-powered trading. Article: HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
• Positive Sentiment: China Renaissance initiated coverage on Robinhood with a buy rating, adding fresh analyst support and reinforcing the market’s optimism about the company’s growth story.
• Positive Sentiment: Several articles pointed to strengthening business momentum and potential revenue upside from new products, including perpetual futures, which could help support future earnings growth. Article: Did a New Perpetual Futures Deal Just Make Robinhood a Screaming Buy?
• Neutral Sentiment: Robinhood remains heavily watched by investors ahead of its next earnings report, suggesting elevated expectations but no immediate fundamental surprise yet. Article: Investors Heavily Search Robinhood Markets, Inc. (HOOD): Here is What You Need to Know
• Neutral Sentiment: Media attention around CEO Vlad Tenev’s comments on AI agents and the Trump Accounts rollout adds visibility, but these items are more longer-term narrative drivers than near-term stock catalysts. Article: How Trump Accounts can turn $2K into $40K: Robinhood CEO & BNY CEO discuss
• Negative Sentiment: Recent insider sales by CEO Vladimir Tenev and directors Paula Loop and Oluwadara Johnson Treseder may pressure sentiment, even though the trades were pre-arranged under Rule 10b5-1 plans and do not necessarily signal trouble at the company.

Insider Buying and Selling at Robinhood Markets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $116.14, for a total transaction of $1,161,400.00. Following the transaction, the insider directly owned 471,396 shares of the company’s stock, valued at $54,747,931.44. This represents a 2.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 19,377 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $119.96, for a total value of $2,324,464.92. Following the transaction, the insider directly owned 62,612 shares in the company, valued at approximately $7,510,935.52. The trade was a 23.63% 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. In the last quarter, insiders bought 680,000 shares of company stock worth $55,306,560 and sold 659,112 shares worth $68,741,158. 14.47% of the stock is currently owned by company 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.