Robinhood Markets, Inc. $HOOD Shares Acquired by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System increased its Robinhood stake by 3.2% in the first quarter, ending with 614,151 shares worth about $42.6 million. Institutional ownership remains very high, with funds and hedge funds holding 93.27% of the stock.
• Robinhood has rolled out a major expansion of its product lineup, including Robinhood Chain, a public Ethereum-based layer-2 blockchain for tokenized and real-world assets. The company also introduced stock tokens, agentic trading tools, and DeFi products, pointing to new growth and revenue opportunities.
• Sentiment on HOOD has turned more bullish, with several analysts raising targets and traders showing heavy call-option buying. Robinhood also confirmed it will report second-quarter 2026 results on July 29, which will be a key test of whether the new offerings are translating into financial performance.

New York State Teachers Retirement System grew its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 614,151 shares of the company's stock after acquiring an additional 19,186 shares during the quarter. New York State Teachers Retirement System owned about 0.07% of Robinhood Markets worth $42,561,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of HOOD. Evolution Wealth Advisors LLC lifted its stake in shares of Robinhood Markets by 5.2% during the fourth quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company's stock worth $217,000 after buying an additional 95 shares during the period. CogentBlue Wealth Advisors LLC raised its stake in Robinhood Markets by 4.1% in the 4th quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company's stock worth $282,000 after acquiring an additional 98 shares during the last quarter. SOA Wealth Advisors LLC. lifted its position in Robinhood Markets by 11.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company's stock worth $109,000 after acquiring an additional 100 shares during the period. Barnes Dennig Private Wealth Management LLC grew its stake in Robinhood Markets by 10.2% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 1,210 shares of the company's stock valued at $137,000 after purchasing an additional 112 shares during the last quarter. Finally, Bogart Wealth LLC increased its holdings in shares of Robinhood Markets by 8.5% in the fourth quarter. Bogart Wealth LLC now owns 1,463 shares of the company's stock valued at $165,000 after purchasing an additional 114 shares during the period. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Key Robinhood Markets News

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

• Positive Sentiment: Robinhood launched Robinhood Chain, a public Ethereum-based layer-2 blockchain built for tokenized assets and real-world assets, which investors see as a major expansion of its crypto and onchain finance strategy. Robinhood Markets Launches Public Blockchain
• Positive Sentiment: The company unveiled a broader slate of new offerings, including stock tokens, agentic trading tools, and DeFi products, suggesting new revenue streams and stronger product differentiation. Robinhood shares climb on slate of new offerings
• Positive Sentiment: Analyst commentary has turned more bullish, with firms including Mizuho, BTIG, and Barron’s-highlighted picks raising price targets or naming HOOD a top idea, adding momentum to the stock. Senior analyst revamps Robinhood price target amid hyperscaling potential
• Positive Sentiment: Robinhood is seeing unusually heavy call-option buying and a broad crypto-stock bounce, which signals traders are betting on continued upside. Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce
• Neutral Sentiment: The company confirmed it will report second-quarter 2026 results on July 29, keeping attention on execution and whether the new product launches start showing up in financial results. Robinhood Markets, Inc. to Announce Second Quarter 2026 Results on July 29, 2026
• Neutral Sentiment: CEO Vlad Tenev’s comments about AI agents matching human traders and Robinhood’s Guinness World Record announcement are attention-grabbing, but they are more branding/vision stories than immediate financial drivers. AI agents will have 'capability' of human traders, Robinhood CEO tells CNBC

Insiders Place Their Bets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total transaction of $836,800.00. Following the completion of the transaction, the insider directly owned 481,396 shares of the company's stock, valued at $40,283,217.28. This represents a 2.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 10,837 shares of Robinhood Markets stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $85.91, for a total transaction of $931,006.67. Following the completion of the sale, the insider directly owned 81,989 shares in the company, valued at $7,043,674.99. This represents a 11.67% 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. Over the last three months, insiders bought 680,000 shares of company stock valued at $55,306,560 and sold 633,484 shares valued at $47,542,923. 14.47% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

HOOD has been the topic of a number of recent research reports. Wall Street Zen upgraded Robinhood Markets from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 13th. Citizens Jmp reaffirmed a "market outperform" rating and issued a $155.00 price objective on shares of Robinhood Markets in a report on Thursday, May 28th. JPMorgan Chase & Co. reduced their target price on shares of Robinhood Markets from $113.00 to $92.00 and set a "neutral" rating for the company in a report on Thursday, April 23rd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a report on Wednesday, June 24th. Finally, Loop Capital set a $110.00 price objective on Robinhood Markets in a research note on Wednesday, June 17th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $115.00.

Robinhood Markets Stock Performance

HOOD stock opened at $112.73 on Friday. Robinhood Markets, Inc. has a one year low of $63.51 and a one year high of $153.86. The firm's fifty day moving average is $87.70 and its 200 day moving average is $89.61. The firm has a market cap of $101.51 billion, a PE ratio of 54.46, a P/E/G ratio of 2.53 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its earnings results 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 return on equity of 21.39% and a net margin of 41.12%.The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.14 billion. During the same period in the previous year, the company earned $0.37 earnings per share. The company's revenue was up 15.1% compared to the same quarter last year. Research analysts predict that Robinhood Markets, Inc. will post 1.81 earnings per share for the current fiscal year.

Robinhood Markets Company 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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