WD Rutherford LLC Boosts Holdings in Robinhood Markets, Inc. $HOOD

WD Rutherford LLC grew its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 13.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,050 shares of the company’s stock after purchasing an additional 5,536 shares during the quarter. WD Rutherford LLC’s holdings in Robinhood Markets were worth $3,191,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Sound Income Strategies LLC increased its position in Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after buying an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC lifted its position in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in shares of Robinhood Markets in the fourth quarter valued at $27,000. MV Capital Management Inc. acquired a new stake in shares of Robinhood Markets during the fourth quarter valued at $27,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Robinhood Markets during the fourth quarter valued at $27,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets Stock Up 8.3%

Shares of NASDAQ HOOD opened at $108.65 on Thursday. The stock has a market capitalization of $97.84 billion, a PE ratio of 52.49, a P/E/G ratio of 2.36 and a beta of 2.33. The firm has a fifty day moving average of $86.69 and a 200-day moving average of $89.49. Robinhood Markets, Inc. has a 52-week low of $63.51 and a 52-week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its 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 return on equity of 21.39% and a net margin of 41.12%.The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the business posted $0.37 earnings per share. The company’s quarterly revenue was up 15.1% compared to the same quarter last year. Equities research analysts expect that Robinhood Markets, Inc. will post 1.81 EPS for the current fiscal year.

Insider Activity at Robinhood Markets

In other news, Director Meyer Malka bought 250,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was acquired at an average price of $80.74 per share, for a total transaction of $20,185,000.00. Following the acquisition, the director owned 3,924,427 shares of the company’s stock, valued at $316,858,235.98. This trade represents a 6.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Baiju Bhatt sold 57,898 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $89.63, for a total transaction of $5,189,397.74. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 633,484 shares valued at $47,542,923. Insiders own 14.47% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Robinhood launched the public mainnet of Robinhood Chain, a Layer 2 blockchain designed for real-world assets, with integrations from Arbitrum, Alchemy, BitGo, and Chainlink. That move strengthens Robinhood’s crypto and tokenization strategy and could open new revenue streams. Article Title
• Positive Sentiment: The company unveiled new AI-powered crypto trading tools for U.S. users, expanded perpetual futures offerings in Europe, and signaled plans to enter or expand in Canada, Singapore, and the U.K., boosting hopes for faster international growth. Article Title
• Positive Sentiment: Robinhood’s broader crypto push, including plans to launch crypto trading in the U.K. and expand its European futures product set, is helping investors view HOOD as a more diversified financial platform rather than just a brokerage. Article Title
• Neutral Sentiment: Analyst and media coverage continues to highlight Robinhood as a strong Q2 finance stock, which supports sentiment but is less directly tied to the stock’s move than the new product announcements. Article Title
• Neutral Sentiment: Deutsche Bank raised its price target on Robinhood to $113 and kept a buy rating, adding another supportive signal for investors. Article Title
• Negative Sentiment: Some coverage still points to concerns about Robinhood’s core earnings quality and valuation, reminding investors that the stock’s rally may depend on execution across its newer growth bets. Article Title

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HOOD. JPMorgan Chase & Co. reduced their target price on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. The Goldman Sachs Group boosted their price objective on shares of Robinhood Markets from $108.00 to $121.00 and gave the company a “buy” rating in a research report on Monday. Morgan Stanley reduced their price objective on shares of 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. Deutsche Bank Aktiengesellschaft raised their target price on shares of Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Loop Capital set a $110.00 price target on Robinhood Markets in a report on Wednesday, June 17th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.35.

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.