VMS Asset Management Limited Takes Position in Robinhood Markets, Inc. $HOOD

VMS Asset Management Limited acquired a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 117,290 shares of the company’s stock, valued at approximately $13,265,000. Robinhood Markets makes up approximately 5.1% of VMS Asset Management Limited’s portfolio, making the stock its biggest holding.

Several other hedge funds have also recently modified their holdings of the stock. J.W. Cole Advisors Inc. increased its holdings in shares of Robinhood Markets by 1.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 24,121 shares of the company’s stock valued at $2,728,000 after acquiring an additional 422 shares in the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of Robinhood Markets by 8.7% during the fourth quarter. Westfield Capital Management Co. LP now owns 312,554 shares of the company’s stock valued at $35,350,000 after acquiring an additional 24,939 shares in the last quarter. Vise Technologies Inc. increased its holdings in shares of Robinhood Markets by 50.7% during the fourth quarter. Vise Technologies Inc. now owns 14,565 shares of the company’s stock valued at $1,647,000 after acquiring an additional 4,899 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Robinhood Markets by 14.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 169,405 shares of the company’s stock valued at $19,160,000 after acquiring an additional 21,976 shares in the last quarter. Finally, Harold Davidson & Associates Inc. increased its holdings in shares of Robinhood Markets by 5.4% during the fourth quarter. Harold Davidson & Associates Inc. now owns 12,331 shares of the company’s stock valued at $1,395,000 after acquiring an additional 634 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insider Buying and Selling at Robinhood Markets

In other news, Director Meyer Malka acquired 181,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were acquired at an average price of $83.45 per share, with a total value of $15,104,450.00. Following the purchase, the director directly owned 3,674,427 shares of the company’s stock, valued at $306,630,933.15. This trade represents a 5.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total transaction of $768,900.00. Following the sale, the insider directly owned 432,849 shares in the company, valued at $33,281,759.61. The trade was a 2.26% 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. Over the last ninety days, insiders have sold 550,765 shares of company stock worth $40,191,940. 14.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on HOOD shares. Needham & Company LLC cut their price target on shares of Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Zacks Research downgraded shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $110.00 price target on shares of Robinhood Markets in a report on Wednesday, April 29th. Argus cut their price target on shares of Robinhood Markets from $102.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Truist Financial cut their price target on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Nineteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus price target of $106.54.

Robinhood Markets Price Performance

Shares of NASDAQ HOOD opened at $88.33 on Friday. The stock has a market capitalization of $79.54 billion, a price-to-earnings ratio of 42.67, a PEG ratio of 2.48 and a beta of 2.35. Robinhood Markets, Inc. has a 12 month low of $63.51 and a 12 month high of $153.86. The firm’s 50 day simple moving average is $77.90 and its 200-day simple moving average is $93.10.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.Robinhood Markets’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 EPS. Analysts anticipate that Robinhood Markets, Inc. will post 1.85 earnings per share for the current fiscal year.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Director Meyer Malka bought 181,000 shares of Robinhood Markets at an average price of $83.45, a roughly $15.1 million insider purchase that investors often read as a strong vote of confidence in the company’s prospects.
• Positive Sentiment: Robinhood is expanding its wealth-management push through TradePMR with an advisor referral network, AI tools, lending perks, and broader IPO access for RIAs, which could help drive higher-value client relationships and new revenue streams. Article Title
• Positive Sentiment: Robinhood’s move to open SpaceX IPO access to everyday investors highlights its strategy of widening product access and attracting more retail engagement, which could boost platform activity. Article Title
• Positive Sentiment: Goldman Sachs raised its price target on Robinhood to $105 from $95 and reiterated a buy rating, reinforcing the bullish case for the stock.

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.