Horizon Investments LLC Has $4 Million Stake in Robinhood Markets, Inc. $HOOD

Key Points

• Horizon Investments LLC boosted its stake in Robinhood by 132% in Q4 to 35,325 shares, valued at about $3.995 million.
• CEO Vladimir Tenev sold 375,000 shares under a pre‑arranged Rule 10b5‑1 plan (a 50% cut to his holdings), and insiders have sold roughly 540,447 shares (~$40.16M) in the last 90 days.
• Robinhood’s Q1 results missed estimates (revenue $1.07B; EPS $0.38) largely due to a crypto revenue drop, yet the consensus remains a Moderate Buy with an average price target of $107.88.

Horizon Investments LLC raised its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 132.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,325 shares of the company's stock after acquiring an additional 20,101 shares during the period. Horizon Investments LLC's holdings in Robinhood Markets were worth $3,995,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HOOD. Wolfe Research upgraded Robinhood Markets from a "peer perform" rating to an "outperform" rating and set a $125.00 price target on the stock in a report on Monday, February 9th. New Street Research set a $122.00 price target on Robinhood Markets in a report on Thursday, March 5th. Loop Capital set a $130.00 price target on Robinhood Markets in a report on Monday, February 9th. Piper Sandler cut their price target on Robinhood Markets from $155.00 to $135.00 and set an "overweight" rating on the stock in a report on Wednesday, February 11th. Finally, Jefferies Financial Group cut their price target on Robinhood Markets from $88.00 to $84.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $107.88.

Insider Buying and Selling

In other news, CEO Vladimir Tenev sold 375,000 shares of the company's stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $69.83, for a total value of $26,186,250.00. Following the transaction, the chief executive officer owned 375,000 shares of the company's stock, valued at approximately $26,186,250. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 52,540 shares of the company's stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the transaction, the insider directly owned 27,564 shares in the company, valued at $2,420,394.84. The trade was a 65.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 540,447 shares of company stock valued at $40,159,378 in the last ninety days. 19.95% of the stock is currently owned by company insiders.

Robinhood Markets Price Performance

NASDAQ:HOOD opened at $73.66 on Monday. The stock's 50 day moving average price is $76.22 and its two-hundred day moving average price is $102.13. The firm has a market capitalization of $66.32 billion, a price-to-earnings ratio of 35.58, a P/E/G ratio of 2.36 and a beta of 2.29. Robinhood Markets, Inc. has a 12-month low of $45.56 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released 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 net margin of 41.12% and a return on equity of 21.39%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the company earned $0.37 EPS. Robinhood Markets's quarterly revenue was up 15.1% on a year-over-year basis. Equities research analysts expect that Robinhood Markets, Inc. will post 1.9 EPS for the current year.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Core user and deposit trends look healthy: funded customers, net deposits and record Robinhood Gold subscriptions grew in Q1 and prediction-market activity contributed fee revenue, supporting a longer-term recurring‑revenue story. Q1 Earnings Call Summary
• Positive Sentiment: Prediction markets momentum: management said prediction-market fees overtook crypto in the quarter, which can diversify revenue away from volatile crypto swings. Earnings Video
• Positive Sentiment: International expansion progress — in‑principle regulatory approval in Singapore supports TAM expansion outside the U.S. if it converts to live revenues. Singapore Article
• Neutral Sentiment: Executive insider selling was disclosed (CTO sold shares under a pre‑arranged 10b5‑1 plan); procedural but watched by investors. SEC Form 4
• Neutral Sentiment: Some brokers still bullish even as targets shift — Cantor Fitzgerald reaffirmed an Overweight rating while Argus trimmed its price target but kept a Buy, leaving the sell‑side split on near‑term valuation. Cantor Fitzgerald Article Argus/Ticker Report
• Negative Sentiment: Q1 misses: revenue (~$1.07B) and EPS (reported $0.38) came in below consensus, triggering a sharp share pullback as investors re‑price near‑term growth and margin assumptions. Earnings Call Summary
• Negative Sentiment: Crypto revenue plunge was the primary driver of the top‑line shortfall, highlighting ongoing sensitivity to crypto market volatility. Investopedia Crypto Article
• Negative Sentiment: Higher operating expenses and a disclosed ~18% expense increase (including a ~$100M initiative) could pressure near‑term margins even as the company invests in growth. Yahoo Finance: Expenses
• Negative Sentiment: Growing analyst pessimism and target cuts (Barclays, Needham and others lowering targets or tone) amplify downside risk until revenue mix and margin trends stabilize. Barclays Reset Needham Note
• Negative Sentiment: New report flags a government-related deal that has turned sour, which could dent expected revenue or partnerships if material. AOL Article

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.

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