Wealthcare Advisory Partners LLC raised its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 80.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,183 shares of the company’s stock after buying an additional 6,752 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Robinhood Markets were worth $1,523,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of HOOD. Bogart Wealth LLC lifted its stake in shares of Robinhood Markets by 8.5% during the 4th quarter. Bogart Wealth LLC now owns 1,463 shares of the company’s stock worth $165,000 after acquiring an additional 114 shares during the last quarter. Sivia Capital Partners LLC grew its position in Robinhood Markets by 2.8% in the 4th quarter. Sivia Capital Partners LLC now owns 4,310 shares of the company’s stock valued at $487,000 after acquiring an additional 117 shares during the last quarter. Cornerstone Planning Group LLC grew its position in Robinhood Markets by 90.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock valued at $28,000 after acquiring an additional 127 shares during the last quarter. Constant Guidance Financial LLC increased its stake in Robinhood Markets by 5.3% in the fourth quarter. Constant Guidance Financial LLC now owns 2,571 shares of the company’s stock worth $291,000 after purchasing an additional 129 shares during the period. Finally, MCF Advisors LLC lifted its position in shares of Robinhood Markets by 52.6% during the fourth quarter. MCF Advisors LLC now owns 377 shares of the company’s stock worth $43,000 after purchasing an additional 130 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.
Robinhood Markets News Roundup
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood Ventures Fund II raised $225.5 million. The closed-end fund priced 8 million shares at $25 each, giving Robinhood’s retail customers access to early- and growth-stage private companies. The successful launch supports Robinhood’s strategy of broadening beyond public-stock and cryptocurrency trading. Robinhood’s second venture fund debuts, drawing retail money into private markets
- Positive Sentiment: The company plans to accelerate the rollout of publicly traded funds. Robinhood intends to increase the frequency of new closed-end fund launches after its initial offerings, potentially creating additional fee revenue and improving customer engagement through expanded access to private markets. Robinhood Plans to Speed Up Debuts for Publicly Traded Funds
- Positive Sentiment: July activity remained substantially above year-ago levels. Robinhood’s equity average daily volume declined 19% from June but rose 56% year over year, indicating continued long-term trading growth despite month-to-month volatility. Robinhood Markets equity ADV in July falls 19% month over month, jumps 56% year over year
- Neutral Sentiment: Founder Baiju Bhatt’s space venture is separate from Robinhood. His planned $275 million Cowboy Space Corporation project could attract attention because it involves rockets and space-based AI data centers, but it does not represent a direct Robinhood investment or operating catalyst. Robinhood Co-founder’s plans to take over space
- Negative Sentiment: Crypto-trading momentum remains a concern. Coverage continues to highlight weaker crypto activity and investor focus on whether Robinhood can sustain growth beyond crypto. The company’s strong second-quarter results—record revenue of $1.31 billion and EPS of $0.62—provide support, but sentiment remains sensitive to trading volumes and speculative-asset demand. Robinhood’s Crypto Slump Got the Headlines. Its 10x Business Got Ignored
Robinhood Markets Price Performance
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.18. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. Robinhood Markets’s revenue was up 32.5% compared to the same quarter last year. During the same period last year, the company posted $0.42 earnings per share. Equities analysts predict that Robinhood Markets, Inc. will post 2.02 earnings per share for the current fiscal year.
Insider Buying and Selling at Robinhood Markets
In other news, Director Baiju Bhatt sold 49,223 shares of Robinhood Markets stock in a transaction on Friday, July 24th. The stock was sold at an average price of $95.09, for a total value of $4,680,615.07. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $116.17, for a total value of $43,563,750.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at approximately $43,563,750. The trade was a 50.00% 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 three months, insiders have purchased 680,000 shares of company stock worth $55,306,560 and have sold 625,827 shares worth $66,508,628. Insiders own 13.48% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price target 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. Wall Street Zen upgraded shares of Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Barclays lowered their price objective on shares of Robinhood Markets from $122.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. The Goldman Sachs Group reduced their target price on shares of Robinhood Markets from $137.00 to $118.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Robinhood Markets from $105.00 to $113.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Twenty-one research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Robinhood Markets currently has an average rating of “Moderate Buy” and an average target price of $120.52.
View Our Latest Stock Analysis on HOOD
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.
See Also
- Five stocks we like better than Robinhood Markets
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Want to see what other hedge funds are holding HOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report).
Receive News & Ratings for Robinhood Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robinhood Markets and related companies with MarketBeat.com's FREE daily email newsletter.
