MUFG Securities EMEA plc Boosts Holdings in Robinhood Markets, Inc. $HOOD

Key Points

• MUFG Securities EMEA plc boosted its Robinhood stake by 117.6% in the fourth quarter, raising holdings to 32,237 shares valued at about $3.65 million.
• Other institutional investors also increased exposure to HOOD, and the article notes that 93.27% of the stock is owned by hedge funds and other institutions, underscoring heavy professional ownership.
• Robinhood recently posted mixed quarterly results, with EPS of $0.38 missing estimates by a penny and revenue of $1.07 billion falling short of expectations, even as sales rose 15.1% year over year.

MUFG Securities EMEA plc increased its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 117.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,237 shares of the company's stock after purchasing an additional 17,423 shares during the period. MUFG Securities EMEA plc's holdings in Robinhood Markets were worth $3,646,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in HOOD. Empowered Funds LLC lifted its holdings in Robinhood Markets by 46.7% in the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company's stock worth $2,076,000 after purchasing an additional 15,885 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Robinhood Markets in the 2nd quarter worth approximately $5,105,000. Federated Hermes Inc. lifted its holdings in Robinhood Markets by 106.2% in the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company's stock worth $5,988,000 after purchasing an additional 32,933 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Robinhood Markets by 19.1% in the 2nd quarter. NewEdge Advisors LLC now owns 89,676 shares of the company's stock worth $8,396,000 after purchasing an additional 14,356 shares in the last quarter. Finally, Nebula Research & Development LLC purchased a new position in Robinhood Markets in the 2nd quarter worth approximately $1,316,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $90.73 on Tuesday. The company has a market cap of $81.70 billion, a P/E ratio of 43.83, a P/E/G ratio of 2.94 and a beta of 2.35. The business's 50 day moving average price is $76.96 and its 200-day moving average price is $93.93. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The business's revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.37 EPS. As a group, equities analysts predict that Robinhood Markets, Inc. will post 1.83 EPS for the current year.

Robinhood Markets News Summary

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

• Positive Sentiment: Robinhood completed its acquisition of WonderFi, giving it a faster route into the Canadian crypto market and expanding its international footprint. Robinhood Completes Acquisition of WonderFi
• Positive Sentiment: KeyCorp reaffirmed an Overweight rating and set a $100 price target, signaling Wall Street still sees upside from recent levels. Benzinga report on KeyCorp rating
• Positive Sentiment: Insider buying also supported sentiment, with director Meyer Malka purchasing 249,000 shares, a sizable vote of confidence in the company’s outlook. SEC filing
• Neutral Sentiment: Robinhood continues to attract attention for its new AI-powered trading and banking tools, which could broaden its product suite and boost engagement over time. Robinhood Markets (HOOD) Is Up 28.1% After Launching Agentic AI Trading And Credit Card Tools
• Neutral Sentiment: The Supreme Court is seeking input from the Solicitor General and White House on Robinhood’s appeal in an IPO-related investor lawsuit, keeping legal risk in focus. Supreme Court Seeks Solicitor General's View of Robinhood's Appeal of Alleged IPO Omissions
• Negative Sentiment: Binance’s rollout of U.S. stock and ETF trading adds another well-capitalized competitor entering Robinhood’s brokerage turf, increasing competitive pressure. Crypto exchange Binance rolls out trading in US stocks, ETFs

Insider Activity

In other news, insider Steven M. Quirk sold 8,540 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total transaction of $725,302.20. Following the transaction, the insider owned 53,183 shares of the company's stock, valued at approximately $4,516,832.19. The trade was a 13.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Meyer Malka bought 249,000 shares of the business's stock in a transaction dated Thursday, May 28th. The shares were bought at an average cost of $80.39 per share, for a total transaction of $20,017,110.00. Following the transaction, the director owned 3,493,427 shares in the company, valued at approximately $280,836,596.53. The trade was a 7.67% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have sold 550,765 shares of company stock worth $40,191,940. Company insiders own 19.95% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Barclays lowered their price target on Robinhood Markets from $89.00 to $82.00 and set an "overweight" rating on the stock in a report on Wednesday, April 29th. Compass Point reaffirmed a "buy" rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. JPMorgan Chase & Co. reduced their price objective on Robinhood Markets from $113.00 to $92.00 and set a "neutral" rating on the stock in a research note on Thursday, April 23rd. Argus reduced their price objective on Robinhood Markets from $102.00 to $90.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Finally, Truist Financial reduced their price objective on Robinhood Markets from $120.00 to $100.00 and set a "buy" rating on the stock in a research note on Monday, April 13th. Nineteen analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $105.96.

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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