Robinhood Markets, Inc. $HOOD Shares Purchased by Geode Capital Management LLC

Key Points

• Geode Capital Management increased its Robinhood stake by 1.7% in the fourth quarter, ending with 21.17 million shares worth about $2.39 billion. Institutional investors now own 93.27% of Robinhood’s stock.
• Robinhood’s latest earnings missed expectations slightly, with EPS of $0.38 versus $0.39 expected and revenue of $1.07 billion versus $1.14 billion expected. Even so, revenue rose 15.1% year over year and the company remains profitable with strong margins.
• The stock has drawn attention from both analysts and insiders: several firms maintain Buy/Outperform ratings, with a consensus target price of $106.38, while executives have been selling shares under pre-arranged trading plans. Recent news around AI-agent trading tools has also boosted sentiment around the platform’s growth potential.

Geode Capital Management LLC grew its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,171,925 shares of the company's stock after acquiring an additional 356,902 shares during the quarter. Geode Capital Management LLC owned about 2.35% of Robinhood Markets worth $2,386,944,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Caisse Des Depots ET Consignations acquired a new position in shares of Robinhood Markets during the third quarter valued at about $3,984,000. Aberdeen Group plc increased its holdings in shares of Robinhood Markets by 565.1% during the third quarter. Aberdeen Group plc now owns 185,538 shares of the company's stock valued at $26,565,000 after acquiring an additional 157,643 shares in the last quarter. NEOS Investment Management LLC acquired a new position in shares of Robinhood Markets during the third quarter valued at about $11,994,000. New York Life Investment Management LLC acquired a new position in shares of Robinhood Markets during the third quarter valued at about $14,989,000. Finally, Truist Financial Corp increased its holdings in shares of Robinhood Markets by 88.9% during the fourth quarter. Truist Financial Corp now owns 145,489 shares of the company's stock valued at $16,455,000 after acquiring an additional 68,458 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company's stock.

Robinhood Markets Stock Up 2.9%

Shares of NASDAQ HOOD opened at $76.23 on Thursday. The business's 50 day moving average price is $76.09 and its 200 day moving average price is $94.83. The firm has a market cap of $68.65 billion, a P/E ratio of 36.83, a P/E/G ratio of 2.25 and a beta of 2.29. Robinhood Markets, Inc. has a 52 week low of $62.92 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion during the quarter, compared to analysts' expectations 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. As a group, research analysts expect that Robinhood Markets, Inc. will post 1.88 earnings per share for the current year.

Insiders Place Their Bets

In other Robinhood Markets news, insider Steven M. Quirk sold 8,540 shares of the company'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 value of $725,302.20. Following the sale, the insider owned 53,183 shares in the company, valued at approximately $4,516,832.19. This represents a 13.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 5,436 shares of the company's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $77.36, for a total value of $420,528.96. Following the completion of the sale, the chief financial officer owned 47,311 shares in the company, valued at approximately $3,659,978.96. This represents a 10.31% 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. In the last quarter, insiders have sold 560,765 shares of company stock worth $40,946,840. Corporate insiders own 14.47% of the company's stock.

Key Robinhood Markets News

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

• Positive Sentiment: Robinhood launched tools that allow AI agents to trade stocks on behalf of users, which could increase platform usage and attract tech-savvy retail traders. Reuters article
• Positive Sentiment: The company also extended AI-agent functionality to credit card purchases, broadening the product ecosystem and highlighting a possible first-mover advantage in “agentic” finance. CNBC article
• Positive Sentiment: Media coverage framed the launch as a major step in AI-driven consumer finance, reinforcing bullish sentiment around Robinhood’s ability to innovate and capture new users. TechCrunch article
• Neutral Sentiment: Robinhood also drew attention for its role in the new Trump Accounts mobile app, but this appears more like a separate product/partnership headline than a direct near-term stock catalyst. Fox Business article
• Neutral Sentiment: Analyst commentary and comparison pieces kept Robinhood in the spotlight, but the main trading driver today appears to be the AI-agent announcement rather than a fundamentals update. Zacks article

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HOOD shares. The Goldman Sachs Group reiterated a "buy" rating on shares of Robinhood Markets in a research report on Wednesday. New Street Research set a $122.00 target price on Robinhood Markets in a research report on Thursday, March 5th. Citizens Jmp reiterated a "market outperform" rating and issued a $155.00 target price on shares of Robinhood Markets in a research report on Wednesday, April 29th. Mizuho upped their target price on Robinhood Markets from $105.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, April 20th. Finally, Wolfe Research upgraded Robinhood Markets from a "peer perform" rating to an "outperform" rating and set a $125.00 target price on the stock in a research report on Monday, February 9th. 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 data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $106.38.

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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