Public Employees Retirement System of Ohio Makes New Investment in Robinhood Markets, Inc. $HOOD

Key Points

• Public Employees Retirement System of Ohio bought 226,276 Robinhood shares worth approximately $22.7 million in the second quarter. Institutional investors collectively own 93.27% of the stock.
• Robinhood exceeded quarterly expectations, reporting $0.62 in EPS versus $0.44 expected and $1.31 billion in revenue, up 32.5% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $120.52.
• Despite strong growth and post-earnings momentum, insiders sold 612,704 shares worth roughly $66.7 million over the past 90 days, while the stock’s elevated valuation and regulatory uncertainty surrounding prediction markets remain risks.

Public Employees Retirement System of Ohio purchased a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 226,276 shares of the company's stock, valued at approximately $22,691,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sivia Capital Partners LLC raised its holdings in Robinhood Markets by 2.8% in the 4th quarter. Sivia Capital Partners LLC now owns 4,310 shares of the company's stock worth $487,000 after purchasing an additional 117 shares during the period. Cornerstone Planning Group LLC lifted its stake in shares of Robinhood Markets by 90.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 268 shares of the company's stock valued at $28,000 after buying an additional 127 shares in the last quarter. Constant Guidance Financial LLC boosted its holdings in Robinhood Markets by 5.3% in the 4th quarter. Constant Guidance Financial LLC now owns 2,571 shares of the company's stock worth $291,000 after buying an additional 129 shares during the period. MCF Advisors LLC boosted its holdings in Robinhood Markets by 52.6% in the 4th quarter. MCF Advisors LLC now owns 377 shares of the company's stock worth $43,000 after buying an additional 130 shares during the period. Finally, Integrated Advisors Network LLC increased its stake in Robinhood Markets by 5.7% in the 4th quarter. Integrated Advisors Network LLC now owns 2,494 shares of the company's stock worth $282,000 after buying an additional 135 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $90.42, for a total value of $904,200.00. Following the transaction, the insider owned 461,396 shares of the company's stock, valued at $41,719,426.32. This represents a 2.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,317 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $96.80, for a total value of $4,870,685.60. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 612,704 shares of company stock valued at $66,675,612. Company insiders own 13.48% of the company's stock.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood’s shares have benefited from strong post-earnings momentum. Analysts continue to assess whether record revenue, asset inflows and an expanding product ecosystem can support further gains after the company’s latest results exceeded expectations. Robinhood Markets Up Since Last Earnings Report
• Positive Sentiment: The broader retail-trading bid has remained supportive for brokerage stocks, with Webull’s rally indicating continued investor interest in the sector. That trend could help Robinhood’s trading activity and transaction-based revenue. Webull Surges as Retail Trading Bid Extends
• Neutral Sentiment: Recent analysis describes Robinhood’s setup as potentially favorable but recommends patience, reflecting uncertainty over whether earnings growth can justify the stock’s elevated valuation. Robinhood’s Setup Is Starting to Look Favorable
• Negative Sentiment: Robinhood, Kalshi and Crypto.com lost appeals seeking injunctive relief against the Nevada Gaming Control Board. The ruling may complicate Robinhood’s prediction-market operations in Nevada and raises regulatory uncertainty around its expansion into event contracts. Robinhood and Kalshi issued responses, but the decision remains an overhang for the stock. Robinhood and Others Lose Appeals Against Nevada Gaming Control Board
• Negative Sentiment: Although Robinhood recently reported earnings and revenue above consensus, analysts caution that its steep share-price appreciation and premium valuation leave limited room for weaker growth or execution setbacks. Strong Growth, Steep Price: Is Robinhood Stock Still Attractive?

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Mizuho raised their price target on Robinhood Markets from $115.00 to $130.00 and gave the company an "outperform" rating in a report on Thursday, July 2nd. China Renaissance assumed coverage on Robinhood Markets in a research note on Tuesday, July 7th. They set a "buy" rating on the stock. Loop Capital set a $105.00 price target on Robinhood Markets in a report on Thursday, July 30th. The Goldman Sachs Group dropped their price target on Robinhood Markets from $137.00 to $118.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Finally, Sanford C. Bernstein increased their price objective on shares of Robinhood Markets from $130.00 to $160.00 and gave the company an "outperform" rating in a report on Monday, July 20th. Twenty-one analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $120.52.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $104.26 on Friday. The stock's fifty day moving average is $101.46 and its 200 day moving average is $87.10. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86. The firm has a market capitalization of $93.74 billion, a PE ratio of 45.93, a PEG ratio of 1.90 and a beta of 2.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.18. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The firm's revenue for the quarter was up 32.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 EPS. On average, sell-side analysts anticipate that Robinhood Markets, Inc. will post 2.04 earnings per share for the current 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.

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