6,096 Shares in Robinhood Markets, Inc. $HOOD Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. purchased a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,096 shares of the company’s stock, valued at approximately $686,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Choreo LLC lifted its position in Robinhood Markets by 24.5% in the 3rd quarter. Choreo LLC now owns 27,837 shares of the company’s stock worth $3,132,000 after buying an additional 5,477 shares during the last quarter. Sage Rhino Capital LLC boosted its stake in Robinhood Markets by 10.7% in the third quarter. Sage Rhino Capital LLC now owns 2,507 shares of the company’s stock worth $282,000 after buying an additional 243 shares in the last quarter. Childress Capital Advisors LLC boosted its stake in Robinhood Markets by 4.6% in the third quarter. Childress Capital Advisors LLC now owns 7,988 shares of the company’s stock worth $899,000 after buying an additional 352 shares in the last quarter. D.A. Davidson & CO. grew its position in Robinhood Markets by 7.8% during the third quarter. D.A. Davidson & CO. now owns 25,902 shares of the company’s stock valued at $2,914,000 after acquiring an additional 1,868 shares during the last quarter. Finally, North Dakota State Investment Board grew its position in Robinhood Markets by 4.3% during the third quarter. North Dakota State Investment Board now owns 23,530 shares of the company’s stock valued at $2,647,000 after acquiring an additional 969 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Robinhood Markets from $138.00 to $134.00 and set a “buy” rating for the company in a report on Tuesday, September 29th. Citigroup reiterated a “market outperform” rating on shares of Robinhood Markets in a research report on Friday, October 9th. Compass Point boosted their price target on shares of Robinhood Markets from $126.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, October 2nd. Loop Capital set a $135.00 price target on shares of Robinhood Markets in a research report on Tuesday, September 29th. Finally, Raymond James Financial restated a “market perform” rating on shares of Robinhood Markets in a research report on Monday, October 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.39.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

Insider Activity

In related news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at $42,645,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the transaction, the insider owned 499,943 shares in the company, valued at $56,848,518.53. This represents a 1.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,091,347 shares of company stock worth $128,447,880. 13.48% of the stock is owned by company insiders.

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $84.99 on Friday. The stock has a fifty day moving average of $108.49 and a 200 day moving average of $93.04. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $150.47. The firm has a market capitalization of $76.41 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 1.95 and a beta of 2.35. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.26.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm earned $0.61 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. As a group, research analysts expect that Robinhood Markets, Inc. will post 2.15 earnings per share for the current year.

Robinhood Markets Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.