Crossmark Global Holdings Inc. Raises Stock Holdings in Robinhood Markets, Inc. $HOOD

Key Points

• Crossmark raised its stake in Robinhood by 419.7% to 20,478 shares (worth about $2.93M), while other institutions like Jennison and Aberdeen also added large positions — institutional investors now own about 93.27% of the stock.
• Robinhood is pushing premium products (a $695 Platinum card, Family Hub accounts and Early Dividends) to diversify revenue, but the newly public RVI venture vehicle stumbled (~11% drop on debut), tempering investor enthusiasm.
• Mixed fundamentals and heavy insider selling: Q4 EPS beat slightly ($0.66 vs. $0.63) but revenue missed, insiders sold roughly 475,132 shares (~$55.1M) last quarter, and the stock trades near $77 with a MarketBeat consensus "Moderate Buy" target of $121.73.

Crossmark Global Holdings Inc. raised its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 419.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,478 shares of the company's stock after buying an additional 16,538 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Robinhood Markets were worth $2,932,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Caisse Des Depots ET Consignations purchased a new stake in shares of Robinhood Markets in the third quarter worth $3,984,000. Aberdeen Group plc raised its position in shares of Robinhood Markets by 565.1% in the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company's stock worth $26,565,000 after purchasing an additional 157,643 shares during the last quarter. Jennison Associates LLC bought a new position in Robinhood Markets in the 3rd quarter worth about $322,823,000. New York Life Investment Management LLC purchased a new stake in Robinhood Markets during the 3rd quarter valued at about $14,989,000. Finally, NEOS Investment Management LLC purchased a new stake in Robinhood Markets during the 3rd quarter valued at about $11,994,000. Institutional investors own 93.27% of the company's stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: New premium push — Robinhood is rolling out a $695 Platinum credit card, Family Hub custodial/trust accounts and an Early Dividends feature aimed at higher‑income customers; investors see these as revenue diversification beyond trading. Robinhood Tests New Premium Services
• Positive Sentiment: Product launches lifted short‑term sentiment — Coverage and early market reaction to the premium offers and family features drove intraday buying in recent sessions as the company targets more lucrative customer segments. Benzinga Coverage
• Neutral Sentiment: Robinhood Ventures Fund I (RVI) IPO priced — RVI priced at $25/share, sizing the vehicle at about $658.4M (up to ~$705.7M with greenshoe). The fund gives retail access to private companies and supports Robinhood’s venture ecosystem, but it sits outside the core brokerage P&L. RVI IPO Pricing
• Negative Sentiment: RVI's poor debut dented sentiment — The publicly traded venture vehicle fell ~11% on its first day, which can sour investor sentiment about Robinhood’s private‑market experiment and reduce enthusiasm around related announcements. CNBC: RVI Tanks 11%
• Negative Sentiment: Insider sale — An insider sold 10,000 shares (~$754.9k) at about $75.49 earlier this week; while not large relative to total holdings, such sales can amplify near‑term caution. Insider Sale Filing
• Negative Sentiment: Recent fundamentals & valuation risks — Q4 EPS beat but revenue slightly missed (crypto transaction revenue weakness); HOOD still trades at a premium versus peers, leaving the stock vulnerable if growth or crypto activity slips. Fool: Revenue/crypto context

Analysts Set New Price Targets

HOOD has been the subject of several recent analyst reports. Argus initiated coverage on shares of Robinhood Markets in a report on Friday, January 9th. They issued a "buy" rating and a $145.00 target price for the company. Wall Street Zen cut shares of Robinhood Markets from a "hold" rating to a "sell" rating in a report on Saturday, February 14th. Morgan Stanley raised their price target on shares of Robinhood Markets from $146.00 to $147.00 and gave the company an "equal weight" rating in a research report on Monday, December 22nd. Sanford C. Bernstein restated an "outperform" rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Robinhood Markets in a research note on Monday, December 22nd. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets presently has a consensus rating of "Moderate Buy" and a consensus price target of $121.73.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, insider Steven M. Quirk sold 52,540 shares of the business's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the completion of the sale, the insider directly owned 27,564 shares in the company, valued at approximately $2,420,394.84. The trade was a 65.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $107.48, for a total value of $630,262.72. Following the transaction, the chief technology officer directly owned 9,133 shares in the company, valued at $981,614.84. The trade was a 39.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 475,132 shares of company stock valued at $55,127,149 in the last quarter. 14.47% of the stock is currently owned by corporate insiders.

Robinhood Markets Stock Down 4.3%

Shares of NASDAQ HOOD opened at $77.09 on Friday. The firm's 50-day moving average price is $95.09 and its 200-day moving average price is $114.85. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86. The company has a market cap of $69.40 billion, a PE ratio of 37.42, a PEG ratio of 1.56 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm's quarterly revenue was up 26.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.01 earnings per share. As a group, equities research analysts anticipate that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.