Allspring Global Investments Holdings LLC Has $119.76 Million Stock Holdings in Robinhood Markets, Inc. $HOOD

Key Points

• Allspring Global Investments raised its Robinhood stake 4.6% in Q4 to 1,039,506 shares, worth about $119.76 million (≈0.12% of the company).
• Institutional ownership is very high (about 93.27%), with large positions from Vanguard (≈94.4M shares, ~$13.52B) and State Street (≈32.2M shares, ~$4.62B), underscoring heavy institutional exposure.
• Insiders have been selling: CEO Vladimir Tenev sold 375,000 shares (~$45.6M) and insiders sold ~469,268 shares (~$54.4M) in the last quarter, which could weigh on near-term sentiment.

Allspring Global Investments Holdings LLC boosted its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,039,506 shares of the company's stock after acquiring an additional 46,145 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.12% of Robinhood Markets worth $119,761,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company's stock valued at $13,521,497,000 after acquiring an additional 18,824,923 shares during the last quarter. State Street Corp grew its stake in shares of Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company's stock worth $4,617,004,000 after purchasing an additional 16,375,734 shares during the last quarter. Paradigm Operations LP bought a new stake in shares of Robinhood Markets in the second quarter worth $308,979,000. Jennison Associates LLC acquired a new stake in Robinhood Markets in the third quarter valued at $322,823,000. Finally, Invesco Ltd. increased its holdings in Robinhood Markets by 81.0% in the second quarter. Invesco Ltd. now owns 4,942,533 shares of the company's stock valued at $462,769,000 after purchasing an additional 2,212,487 shares during the period. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Robinhood Markets News Roundup

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

• Positive Sentiment: Goldman Sachs and other firms flagged Robinhood as an attractive pick within crypto/fintech after sector weakness, which supports a buy case from institutional investors and helps underpin the stock. Goldman Sachs Flags 2 Crypto Stocks Worth Buying After 46% Sector Crash
• Positive Sentiment: Sanford C. Bernstein cut its price target from $160 to $130 but kept an “outperform” rating—a signal that some analysts remain constructive on HOOD’s longer-term upside even after trimming expectations. Bernstein Lowers Price Target
• Neutral Sentiment: Market-data writeups (Zacks/MSN) note recent intraday weakness and a larger-than-market pullback at times, providing context for volatility but not new fundamental developments. Robinhood Registers a Bigger Fall Than the Market
• Neutral Sentiment: Broader coverage about cash-generation and sector rotation notes Robinhood as a cash-producing/turnaround candidate for some investors, a factor that can support interest but is not an immediate catalyst. 1 Cash-Producing Stock Worth Your Attention
• Negative Sentiment: Reports that Robinhood might be excluded from the retail allocation for a potential SpaceX IPO created a “retail access” scare—raising questions about Robinhood’s role in future high-profile listings and potential loss of flow/revenue opportunities (Elon Musk later denied exclusion, but the episode increased uncertainty). Robinhood’s SpaceX Access Scare And What It Signals For Future IPOs
• Negative Sentiment: Related coverage says Morgan Stanley’s E*TRADE could win a preferential role in the SpaceX IPO allocation—if true, that would be a direct competitive hit to Robinhood’s potential fees and retail access narrative. Robinhood Stock Drops. Morgan Stanley's E*TRADE May Win SpaceX IPO Role
• Negative Sentiment: Baron Capital’s Q4 2025 investor letter flagged softening customer engagement at fintechs, including observations that can weigh on Robinhood’s growth outlook and multiple compression risk. Robinhood Traded Lower Due to Softening Customer Engagement
• Negative Sentiment: High-profile commentary (Jim Cramer) warned the stock “still has room to go down,” which can stoke retail selling and add to short-term downside pressure. Jim Cramer on Robinhood

Wall Street Analyst Weigh In

Several research analysts have commented on HOOD shares. Mizuho cut their target price on Robinhood Markets from $135.00 to $110.00 and set an "outperform" rating on the stock in a report on Friday, March 13th. Citizens Jmp reissued a "market outperform" rating and issued a $180.00 price target on shares of Robinhood Markets in a research note on Wednesday, February 11th. Needham & Company LLC lowered their price objective on Robinhood Markets from $135.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, February 11th. Morgan Stanley lifted their price objective on Robinhood Markets from $146.00 to $147.00 and gave the stock an "equal weight" rating in a research note on Monday, December 22nd. Finally, KeyCorp reduced their target price on Robinhood Markets from $160.00 to $130.00 and set an "overweight" rating on the stock in a report on Monday, February 9th. Eighteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets presently has a consensus rating of "Moderate Buy" and a consensus price target of $118.00.

Robinhood Markets Stock Up 6.4%

HOOD stock opened at $69.30 on Wednesday. The firm has a market cap of $62.39 billion, a price-to-earnings ratio of 33.64, a PEG ratio of 1.47 and a beta of 2.47. The company's fifty day simple moving average is $80.81 and its 200 day simple moving average is $110.73. Robinhood Markets, Inc. has a 12-month low of $29.66 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $1.01 EPS. The business's revenue was up 26.5% compared to the same quarter last year. Research analysts expect that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Vladimir Tenev sold 375,000 shares of the firm's stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $75.49, for a total value of $754,900.00. Following the completion of the sale, the insider owned 452,849 shares of the company's stock, valued at approximately $34,185,571.01. The trade was a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 469,268 shares of company stock worth $54,409,454 in the last quarter. 19.95% of the stock is currently owned by company insiders.

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.

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