Partners Wealth Management LLC Purchases 88,058 Shares of Robinhood Markets, Inc. $HOOD

Key Points

• Partners Wealth Management acquired 88,058 Robinhood shares worth approximately $9.9 million, making HOOD its 17th-largest holding; institutional investors collectively own 93.27% of the stock.
• Robinhood reported quarterly EPS of $0.60, exceeding the $0.56 consensus estimate, while revenue reached $1.42 billion, up 11.5% year over year. Prediction markets are emerging as a major growth driver, though weaker crypto activity and rising expenses remain concerns.
• Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and a $127.45 price target, but insider sales totaling 1.09 million shares over the past three months and regulatory risks surrounding sports-related event contracts add caution.

Partners Wealth Management LLC acquired a new position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 88,058 shares of the company's stock, valued at approximately $9,907,000. Robinhood Markets makes up approximately 1.0% of Partners Wealth Management LLC's portfolio, making the stock its 17th largest holding.

A number of other institutional investors have also recently bought and sold shares of HOOD. Wellington Management Group LLP grew its stake in shares of Robinhood Markets by 37.1% in the 2nd quarter. Wellington Management Group LLP now owns 786,318 shares of the company's stock valued at $78,852,000 after buying an additional 212,855 shares in the last quarter. Nykredit A S bought a new position in Robinhood Markets during the second quarter valued at approximately $29,008,000. QRG Capital Management Inc. raised its position in Robinhood Markets by 14.8% during the second quarter. QRG Capital Management Inc. now owns 180,595 shares of the company's stock valued at $18,110,000 after acquiring an additional 23,253 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Robinhood Markets by 18.3% in the second quarter. NewEdge Advisors LLC now owns 68,920 shares of the company's stock valued at $6,911,000 after acquiring an additional 10,685 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in Robinhood Markets in the second quarter valued at approximately $22,691,000. Institutional investors and hedge funds own 93.27% of the company's stock.

Insider Activity at Robinhood Markets

In other news, Director Oluwadara Treseder sold 1,875 shares of Robinhood Markets stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $234,375.00. Following the transaction, the director directly owned 70,567 shares in the company, valued at approximately $8,820,875. The trade was a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business's stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.71, for a total value of $1,137,100.00. Following the transaction, the insider directly owned 499,943 shares of the company's stock, valued at $56,848,518.53. This represents a 1.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is owned by corporate insiders.

Robinhood Markets Trading Up 0.2%

NASDAQ:HOOD opened at $91.59 on Friday. The company's 50 day moving average is $108.69 and its 200-day moving average is $93.20. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.26. Robinhood Markets, Inc. has a 12 month low of $63.51 and a 12 month high of $150.47. The firm has a market cap of $82.35 billion, a price-to-earnings ratio of 42.21, a P/E/G ratio of 1.82 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.04. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.44 billion. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. Robinhood Markets's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 EPS. Equities analysts anticipate that Robinhood Markets, Inc. will post 2.20 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Rothschild & Co Redburn increased their price target on shares of Robinhood Markets from $78.00 to $80.00 and gave the stock a "sell" rating in a research note on Friday, August 14th. Morgan Stanley lifted their price objective on shares of Robinhood Markets from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Robinhood Markets from $138.00 to $134.00 and set a "buy" rating for the company in a report on Tuesday, September 29th. Sanford C. Bernstein reissued an "outperform" rating and set a $160.00 target price on shares of Robinhood Markets in a research report on Tuesday, September 8th. Finally, Jefferies Financial Group raised their target price on Robinhood Markets from $127.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Robinhood Markets presently has a consensus rating of "Moderate Buy" and a consensus target price of $127.45.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Prediction markets are emerging as Robinhood’s most important growth catalyst. The business reportedly expanded sevenfold year over year, with non-sports contracts representing roughly 30% of activity. Management believes the company is in the early stages of a potential “prediction market supercycle.” Why Robinhood thinks we're at the beginning of a prediction market supercycle
• Positive Sentiment: Robinhood reported record quarterly revenue of approximately $1.42 billion, up about 11.5% year over year, while EPS of $0.60 exceeded the consensus estimate of $0.56. Trading activity, customer deposits, AI-enabled accounts, and new offerings supported the diversification strategy. Compared to Estimates, Robinhood Markets Q3 Earnings
• Positive Sentiment: Analysts remain constructive despite lowering targets: Goldman Sachs, Barclays, Truist, Needham, KeyCorp, and Scotiabank retained bullish or overweight ratings, while Citizens JMP maintained a $165 target. Bulls argue prediction markets and additional products can support the next phase of growth. Robinhood to rally on prediction markets and new offerings
• Neutral Sentiment: Management is expanding into a broader financial “super app,” including AI trading agents, tokenized real-world assets, Robinhood Chain, and additional crypto partnerships. These initiatives offer long-term growth potential but remain early-stage and may require significant investment.
• Negative Sentiment: Crypto revenue declined sharply year over year as digital-asset markets cooled. Lower crypto activity, falling interest income, tighter spreads, and rising expenses pressured profitability and overshadowed record prediction-market results. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: Robinhood did not provide a 2026 operating-expense outlook, increasing uncertainty around cost control. The Ohio Casino Control Commission also issued a cease-and-desist demand concerning sports-related event contracts, creating regulatory risk for a key growth area. Robinhood Stock Tumbles: What's Happening?
• Negative Sentiment: Several firms reduced their price targets, reflecting concerns that HOOD’s premium valuation leaves limited room for execution disappointments, even though most maintained positive ratings.

Robinhood Markets Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.

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