Fifth Third Bancorp Increases Stock Position in Robinhood Markets, Inc. $HOOD

Fifth Third Bancorp raised its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 75.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,237 shares of the company’s stock after buying an additional 12,559 shares during the quarter. Fifth Third Bancorp’s holdings in Robinhood Markets were worth $3,307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its position in Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares during the period. Vision Financial Markets LLC lifted its position in Robinhood Markets by 100.0% during the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after buying an additional 100 shares during the period. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Robinhood Markets during the third quarter valued at $29,000. Guerra Advisors Inc purchased a new position in Robinhood Markets during the third quarter valued at $30,000. Finally, Chung Wu Investment Group LLC purchased a new position in Robinhood Markets during the third quarter valued at $34,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $73.66 on Monday. Robinhood Markets, Inc. has a 12 month low of $45.56 and a 12 month high of $153.86. The stock has a market cap of $66.32 billion, a P/E ratio of 35.58, a P/E/G ratio of 2.36 and a beta of 2.29. The stock’s fifty day moving average price is $76.22 and its 200-day moving average price is $102.13.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the prior year, the company posted $0.37 earnings per share. The company’s revenue was up 15.1% on a year-over-year basis. As a group, analysts forecast that Robinhood Markets, Inc. will post 1.9 earnings per share for the current fiscal year.

Insider Transactions at Robinhood Markets

In related news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $83.92, for a total transaction of $489,673.20. Following the sale, the chief technology officer directly owned 12,171 shares of the company’s stock, valued at $1,021,390.32. This trade represents a 32.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $84.93, for a total value of $725,302.20. Following the sale, the insider directly owned 53,183 shares in the company, valued at $4,516,832.19. This trade represents a 13.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 540,447 shares of company stock valued at $40,159,378. 19.95% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

HOOD has been the subject of several recent research reports. Loop Capital set a $130.00 price objective on Robinhood Markets in a research report on Monday, February 9th. Barclays lowered their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. KeyCorp lowered their price objective on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Morgan Stanley cut their target price on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, April 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Eighteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.88.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Core user and deposit trends look healthy: funded customers, net deposits and record Robinhood Gold subscriptions grew in Q1 and prediction-market activity contributed fee revenue, supporting a longer-term recurring?revenue story. Q1 Earnings Call Summary
• Positive Sentiment: Prediction markets momentum: management said prediction-market fees overtook crypto in the quarter, which can diversify revenue away from volatile crypto swings. Earnings Video
• Positive Sentiment: International expansion progress — in?principle regulatory approval in Singapore supports TAM expansion outside the U.S. if it converts to live revenues. Singapore Article
• Neutral Sentiment: Executive insider selling was disclosed (CTO sold shares under a pre?arranged 10b5?1 plan); procedural but watched by investors. SEC Form 4
• Neutral Sentiment: Some brokers still bullish even as targets shift — Cantor Fitzgerald reaffirmed an Overweight rating while Argus trimmed its price target but kept a Buy, leaving the sell?side split on near?term valuation. Cantor Fitzgerald Article Argus/Ticker Report
• Negative Sentiment: Q1 misses: revenue (~$1.07B) and EPS (reported $0.38) came in below consensus, triggering a sharp share pullback as investors re?price near?term growth and margin assumptions. Earnings Call Summary
• Negative Sentiment: Crypto revenue plunge was the primary driver of the top?line shortfall, highlighting ongoing sensitivity to crypto market volatility. Investopedia Crypto Article
• Negative Sentiment: Higher operating expenses and a disclosed ~18% expense increase (including a ~$100M initiative) could pressure near?term margins even as the company invests in growth. Yahoo Finance: Expenses
• Negative Sentiment: Growing analyst pessimism and target cuts (Barclays, Needham and others lowering targets or tone) amplify downside risk until revenue mix and margin trends stabilize. Barclays Reset Needham Note
• Negative Sentiment: New report flags a government-related deal that has turned sour, which could dent expected revenue or partnerships if material. AOL Article

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.