Banco Santander S.A. trimmed its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 87.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,452 shares of the company’s stock after selling 54,298 shares during the quarter. Banco Santander S.A.’s holdings in Robinhood Markets were worth $1,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in HOOD. Valley National Advisers Inc. boosted its holdings in Robinhood Markets by 113.6% in the third quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Golden State Wealth Management LLC raised its position in shares of Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Vision Financial Markets LLC boosted its stake in Robinhood Markets by 100.0% in the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Robinhood Markets during the 3rd quarter worth approximately $29,000. Finally, Guerra Advisors Inc purchased a new stake in Robinhood Markets during the 3rd quarter worth approximately $30,000. 93.27% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently commented on HOOD shares. Truist Financial lowered their price objective on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Barclays reduced their target price on Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Keefe, Bruyette & Woods increased their price objective on Robinhood Markets from $121.00 to $135.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. Zacks Research cut Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $180.00 target price on shares of Robinhood Markets in a research report on Wednesday, February 11th. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $121.71.
Insider Activity
In related news, CTO Jeffrey Tsvi Pinner sold 5,865 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $132.26, for a total transaction of $775,704.90. Following the sale, the chief technology officer owned 26,725 shares in the company, valued at approximately $3,534,648.50. This trade represents a 18.00% 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. Also, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total transaction of $15,855,600.00. Following the completion of the transaction, the insider owned 430,012 shares of the company’s stock, valued at approximately $56,817,485.56. This trade represents a 21.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 640,939 shares of company stock valued at $77,553,447 in the last quarter. Company insiders own 14.47% of the company’s stock.
Robinhood Markets Stock Down 4.5%
Shares of HOOD stock opened at $75.85 on Friday. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86. The stock has a market cap of $68.29 billion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 1.53 and a beta of 2.43. The business has a 50-day simple moving average of $99.23 and a 200-day simple moving average of $115.98.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $1.01 earnings per share. Robinhood Markets’s quarterly revenue was up 26.5% on a year-over-year basis. Sell-side analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.
Key Stories Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Crypto-driven intraday rallies lifted expectations for higher trading activity and volume on Robinhood after bitcoin moved higher, helping HOOD bounce on those days. Robinhood (HOOD) Stock Trades Up, Here Is Why
- Positive Sentiment: Robinhood launched a testnet for a new blockchain chain — a strategic move into blockchain infrastructure that could expand future crypto product offerings and revenue streams. Robinhood announces launch of testnet for its brand new chain
- Positive Sentiment: Goldman Sachs adjusted its view citing strong early-year metrics for Robinhood, which supports the narrative that operating momentum (user engagement, new products, international expansion) could re-rate the stock. Goldman Sachs Adjusts Robinhood Markets, Inc. (HOOD) Price Target, Cites Strong Early-Year Metrics
- Neutral Sentiment: Analysis pieces argue Robinhood’s pivot to higher-margin products (pre-IPO access, funds, infrastructure) is underappreciated — a constructive medium-term thesis but not an immediate catalyst. Why The Market Is Missing Robinhood’s High-Margin Makeover
- Neutral Sentiment: Coverage highlights retail-driven volatility and short-term chatter (social / WallStreetBets), which increases trade volume and volatility but does not guarantee sustained direction. Robinhood Stock Climbs Wednesday: What’s Fueling The Move?
- Negative Sentiment: Broad crypto sell-off has been the primary downward driver — weaker crypto trading volumes hit revenue sensitivity and pushed HOOD sharply lower in recent sessions. Crypto Sell-Off Pulls Robinhood Stock Down: Buy Before It Takes Off?
- Negative Sentiment: Macro shock: a hotter-than-expected inflation print revived concern about slower rate cuts, pressuring growth/fintech stocks including HOOD and prompting intraday weakness. Why Robinhood (HOOD) Shares Are Trading Lower Today
- Negative Sentiment: Insider selling (Director Baiju Bhatt sold ~65.7k shares) and analyst price-target trims add to negative sentiment and can cap near-term upside despite positive product news. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Director Sells $4,749,676.20 in Stock
Robinhood Markets Company 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.
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