New York State Teachers Retirement System Invests $82.83 Million in Robinhood Markets, Inc. $HOOD

New York State Teachers Retirement System bought a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 578,478 shares of the company’s stock, valued at approximately $82,826,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HOOD. North Star Investment Management Corp. boosted its position in Robinhood Markets by 44.9% in the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after buying an additional 79 shares during the last quarter. CogentBlue Wealth Advisors LLC lifted its stake in shares of Robinhood Markets by 3.8% in the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after acquiring an additional 87 shares in the last quarter. ORG Partners LLC boosted its holdings in Robinhood Markets by 5.5% in the third quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after purchasing an additional 97 shares during the last quarter. Valley National Advisers Inc. grew its stake in Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Finally, HM Payson & Co. increased its holdings in Robinhood Markets by 8.5% during the 3rd quarter. HM Payson & Co. now owns 1,276 shares of the company’s stock worth $183,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Buying and Selling

In related news, Director Baiju Bhatt sold 1,330,000 shares of the company’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $128.47, for a total transaction of $170,865,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Quirk sold 49,942 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total value of $6,549,893.30. Following the completion of the sale, the insider directly owned 54,496 shares in the company, valued at $7,147,150.40. This represents a 47.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,296,763 shares of company stock worth $414,016,996. 14.47% of the stock is owned by company insiders.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $115.27 on Friday. Robinhood Markets, Inc. has a one year low of $29.66 and a one year high of $153.86. The company has a 50-day simple moving average of $123.32 and a 200-day simple moving average of $118.28. The firm has a market capitalization of $103.65 billion, a PE ratio of 47.83, a price-to-earnings-growth ratio of 1.75 and a beta of 2.44.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.20. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. Robinhood Markets’s revenue was up 100.0% on a year-over-year basis. During the same quarter last year, the company posted $0.17 earnings per share. Equities analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Compass Point reissued a “buy” rating on shares of Robinhood Markets in a research report on Monday, October 27th. Loop Capital set a $152.00 price objective on shares of Robinhood Markets in a research note on Thursday, December 11th. Cantor Fitzgerald dropped their target price on shares of Robinhood Markets from $155.00 to $152.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Barclays reduced their price target on shares of Robinhood Markets from $171.00 to $159.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Dbs Bank upgraded Robinhood Markets to a “moderate buy” rating in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $136.62.

Robinhood Markets News Roundup

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

• Positive Sentiment: Argus initiated coverage with a Buy and $145 price target (roughly mid‑teens upside vs. current levels), providing fresh analyst support for the bullish case. Argus initiates coverage
• Positive Sentiment: Barclays kept an “Overweight” stance while trimming its target to $159 — still signaling sizeable upside and institutional confidence in growth prospects. Barclays lowers target to $159
• Positive Sentiment: High‑profile media/analyst notes (including Jim Cramer and Zacks pieces) are highlighting HOOD as a longer‑term growth story and as a momentum/crypto‑exposure play, which can support retail interest and trading volumes. Jim Cramer bullish on Robinhood
• Neutral Sentiment: Institutional positioning shows active adjustments (e.g., Nordea and others buying small additional stakes), leaving ownership high (~93% institutional) — this can amplify both upside and downside moves depending on flow.
• Negative Sentiment: Large insider selling: CEO Vladimir Tenev sold 375,000 shares (~$45.6M), CTO Jeffrey Pinner sold 5,864 shares, and another senior insider sold 10,000 shares — big disclosed sales that typically weigh on near‑term sentiment. CEO Form 4 CTO Form 4
• Negative Sentiment: Zacks downgraded HOOD from “strong‑buy” to “hold,” a move that can prompt momentum‑based selling and reduce near‑term buy pressure from retail/quant strategies. Zacks downgrade
• Negative Sentiment: Escalating legal dispute reported with Native American groups over prediction market activity introduces litigation and regulatory risk that could produce headlines and potential costs. Legal escalation report

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.