Robinhood Markets, Inc. $HOOD Shares Sold by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP cut its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 13.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 109,691 shares of the company’s stock after selling 16,537 shares during the quarter. Liontrust Investment Partners LLP’s holdings in Robinhood Markets were worth $7,602,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Empowered Funds LLC boosted its position in shares of Robinhood Markets by 46.7% during the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock valued at $2,076,000 after purchasing an additional 15,885 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Robinhood Markets in the 2nd quarter worth approximately $5,105,000. Federated Hermes Inc. raised its holdings in shares of Robinhood Markets by 106.2% in the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock worth $5,988,000 after purchasing an additional 32,933 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Robinhood Markets by 19.1% during the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock valued at $8,396,000 after purchasing an additional 14,356 shares during the last quarter. Finally, Nebula Research & Development LLC acquired a new stake in Robinhood Markets during the second quarter valued at approximately $1,316,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HOOD has been the subject of a number of research reports. Sanford C. Bernstein raised their target price on shares of Robinhood Markets from $130.00 to $160.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. The Goldman Sachs Group reduced their target price on Robinhood Markets from $137.00 to $118.00 and set a “buy” rating for the company in a report on Thursday. Deutsche Bank Aktiengesellschaft increased their price target on Robinhood Markets from $105.00 to $113.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Mizuho boosted their price objective on Robinhood Markets from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Finally, KeyCorp upped their price objective on shares of Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Twenty-one analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Robinhood Markets presently has an average rating of “Moderate Buy” and an average target price of $120.30.

Robinhood Markets Stock Down 3.6%

Shares of NASDAQ:HOOD opened at $86.60 on Friday. The company’s fifty day moving average is $97.76 and its two-hundred day moving average is $87.64. The company has a market cap of $77.98 billion, a P/E ratio of 38.15, a price-to-earnings-growth ratio of 1.83 and a beta of 2.33. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.68% and a net margin of 42.01%.The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm posted $0.42 earnings per share. Robinhood Markets’s revenue was up 32.5% compared to the same quarter last year. Equities research analysts anticipate that Robinhood Markets, Inc. will post 1.94 earnings per share for the current year.

Insider Activity

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $116.17, for a total transaction of $43,563,750.00. Following the transaction, the chief executive officer owned 375,000 shares of the company’s stock, valued at $43,563,750. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 dated 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 completion of the transaction, the insider owned 62,612 shares in the company, valued at $7,510,935.52. This represents a 23.63% decrease in their position. 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 ninety days, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 631,263 shares valued at $66,793,857. Corporate insiders own 13.48% of the company’s stock.

Key Robinhood Markets News

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

• Positive Sentiment: Robinhood reported record second-quarter revenue of $1.31 billion, up 32% year over year, while diluted EPS of $0.62 exceeded the $0.44 analyst consensus. Net deposits reached a record $22 billion and Robinhood Gold subscribers climbed to 4.8 million. Robinhood quarterly profit rises on strong trading activity
• Positive Sentiment: Event contracts and prediction markets produced $156 million of revenue, overtaking cryptocurrency revenue of $100 million and becoming Robinhood’s second-largest trading business. CEO Vlad Tenev called event markets the company’s fastest-growing unit. Robinhood beats estimates as prediction markets overtake crypto
• Positive Sentiment: Robinhood added nearly 1 million funded customers during the quarter, its largest quarterly increase in almost five years. Executives attributed part of the growth to anticipated demand surrounding SpaceX’s potential initial public offering. SpaceX IPO helped Robinhood add nearly 1 million customers
• Neutral Sentiment: Several analysts maintained bullish ratings, including Citizens JMP at $155 and BTIG at $125, but Goldman Sachs, Needham and Barclays lowered their price targets. Barclays cited a meaningful slowdown in new accounts during July, highlighting concerns about momentum after the strong quarter. Robinhood analysts cut their forecasts after Q2 results
• Negative Sentiment: Cryptocurrency revenue declined 38% year over year to $100 million as crypto trading activity slowed. Investors also questioned how much of the earnings beat reflected a one-time accounting benefit rather than recurring operating performance. Robinhood delivers record Q2 revenue, but crypto slowdown weighs on shares
• Negative Sentiment: Despite the earnings beat, the stock’s elevated valuation leaves little room for disappointing growth. Technical analysts are watching support near $86.21, with a break below that level potentially signaling further weakness. Robinhood price forecast: key support faces a critical test

About Robinhood Markets

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.