14,338 Shares in Robinhood Markets, Inc. $HOOD Acquired by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda bought a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 14,338 shares of the company’s stock, valued at approximately $1,438,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC grew its stake in shares of Robinhood Markets by 46.7% in the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock valued at $2,076,000 after buying an additional 15,885 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Robinhood Markets during the 2nd quarter worth about $5,105,000. Federated Hermes Inc. lifted its stake in Robinhood Markets by 106.2% during the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock worth $5,988,000 after acquiring an additional 32,933 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Robinhood Markets by 19.1% during the 2nd quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock valued at $8,396,000 after acquiring an additional 14,356 shares during the period. Finally, Nebula Research & Development LLC purchased a new position in Robinhood Markets during the 2nd quarter valued at about $1,316,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. The Goldman Sachs Group cut their price target on shares of Robinhood Markets from $137.00 to $118.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Needham & Company LLC lowered their price objective on shares of Robinhood Markets from $123.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Robinhood Markets from $105.00 to $113.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Piper Sandler reaffirmed an “overweight” rating on shares of Robinhood Markets in a research note on Thursday, July 2nd. Finally, Wall Street Zen upgraded shares of Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Twenty-one analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.52.

Robinhood Markets Price Performance

Shares of HOOD opened at $104.26 on Friday. The firm has a market capitalization of $93.74 billion, a price-to-earnings ratio of 45.93, a PEG ratio of 2.00 and a beta of 2.35. The firm’s fifty day simple moving average is $101.46 and its 200-day simple moving average is $87.10. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The company’s revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 earnings per share. Equities analysts forecast that Robinhood Markets, Inc. will post 2.04 EPS for the current fiscal year.

Insider Activity at Robinhood Markets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $90.42, for a total value of $904,200.00. Following the transaction, the insider owned 461,396 shares in the company, valued at approximately $41,719,426.32. This represents a 2.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,317 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $96.80, for a total value of $4,870,685.60. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 612,704 shares of company stock worth $66,675,612 over the last three months. Company insiders own 13.48% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood’s shares have benefited from strong post-earnings momentum. Analysts continue to assess whether record revenue, asset inflows and an expanding product ecosystem can support further gains after the company’s latest results exceeded expectations. Robinhood Markets Up Since Last Earnings Report
• Positive Sentiment: The broader retail-trading bid has remained supportive for brokerage stocks, with Webull’s rally indicating continued investor interest in the sector. That trend could help Robinhood’s trading activity and transaction-based revenue. Webull Surges as Retail Trading Bid Extends
• Neutral Sentiment: Recent analysis describes Robinhood’s setup as potentially favorable but recommends patience, reflecting uncertainty over whether earnings growth can justify the stock’s elevated valuation. Robinhood’s Setup Is Starting to Look Favorable
• Negative Sentiment: Robinhood, Kalshi and Crypto.com lost appeals seeking injunctive relief against the Nevada Gaming Control Board. The ruling may complicate Robinhood’s prediction-market operations in Nevada and raises regulatory uncertainty around its expansion into event contracts. Robinhood and Kalshi issued responses, but the decision remains an overhang for the stock. Robinhood and Others Lose Appeals Against Nevada Gaming Control Board
• Negative Sentiment: Although Robinhood recently reported earnings and revenue above consensus, analysts caution that its steep share-price appreciation and premium valuation leave limited room for weaker growth or execution setbacks. Strong Growth, Steep Price: Is Robinhood Stock Still Attractive?

Robinhood Markets 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.