Robinhood Markets, Inc. $HOOD Shares Acquired by WD Rutherford LLC

WD Rutherford LLC increased its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 13.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,050 shares of the company’s stock after purchasing an additional 5,536 shares during the period. WD Rutherford LLC’s holdings in Robinhood Markets were worth $3,191,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HOOD. Sound Income Strategies LLC raised its position in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares during the period. CYBER HORNET ETFs LLC boosted its position in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after buying an additional 190 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets in the fourth quarter valued at about $27,000. MV Capital Management Inc. acquired a new stake in shares of Robinhood Markets in the fourth quarter valued at about $27,000. Finally, Swiss RE Ltd. purchased a new stake in shares of Robinhood Markets during the 4th quarter valued at about $27,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a research report on Tuesday. Wall Street Zen upgraded shares of Robinhood Markets from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. Cantor Fitzgerald reissued an “overweight” rating and set a $110.00 target price on shares of Robinhood Markets in a research report on Tuesday, June 9th. Needham & Company LLC upped their target price on shares of Robinhood Markets from $85.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.35.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Robinhood launched the public mainnet of Robinhood Chain, a Layer 2 blockchain designed for real-world assets, with integrations from Arbitrum, Alchemy, BitGo, and Chainlink. That move strengthens Robinhood’s crypto and tokenization strategy and could open new revenue streams. Article Title
• Positive Sentiment: The company unveiled new AI-powered crypto trading tools for U.S. users, expanded perpetual futures offerings in Europe, and signaled plans to enter or expand in Canada, Singapore, and the U.K., boosting hopes for faster international growth. Article Title
• Positive Sentiment: Robinhood’s broader crypto push, including plans to launch crypto trading in the U.K. and expand its European futures product set, is helping investors view HOOD as a more diversified financial platform rather than just a brokerage. Article Title
• Neutral Sentiment: Analyst and media coverage continues to highlight Robinhood as a strong Q2 finance stock, which supports sentiment but is less directly tied to the stock’s move than the new product announcements. Article Title
• Neutral Sentiment: Deutsche Bank raised its price target on Robinhood to $113 and kept a buy rating, adding another supportive signal for investors. Article Title
• Negative Sentiment: Some coverage still points to concerns about Robinhood’s core earnings quality and valuation, reminding investors that the stock’s rally may depend on execution across its newer growth bets. Article Title

Robinhood Markets Stock Performance

Shares of HOOD opened at $108.65 on Thursday. Robinhood Markets, Inc. has a one year low of $63.51 and a one year high of $153.86. The stock has a 50-day moving average price of $86.69 and a 200 day moving average price of $89.49. The company has a market capitalization of $97.84 billion, a P/E ratio of 52.49, a P/E/G ratio of 2.36 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Robinhood Markets’s revenue for the quarter was up 15.1% compared to the same quarter last year. As a group, equities research analysts forecast that Robinhood Markets, Inc. will post 1.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In other news, CFO Shiv Verma sold 3,984 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $98.84, for a total transaction of $393,778.56. Following the completion of the sale, the chief financial officer owned 59,927 shares of the company’s stock, valued at approximately $5,923,184.68. This trade represents a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,898 shares of Robinhood Markets stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $89.63, for a total transaction of $5,189,397.74. 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 acquired 680,000 shares of company stock valued at $55,306,560 and have sold 633,484 shares valued at $47,542,923. 14.47% of the stock is owned by corporate insiders.

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.