Robinhood Markets, Inc. $HOOD Shares Purchased by Teachers Retirement System of The State of Kentucky

Key Points

• Teachers Retirement System of Kentucky doubled its stake in Robinhood to 60,000 shares (adding 30,000 in Q4), a position worth $6.79 million, and institutional investors/hedge funds now own about 93.27% of the stock.
• Several major analysts have trimmed price targets recently, but the MarketBeat consensus remains a "Moderate Buy" with an average price target of $111.08.
• Company insiders have sold heavily — 534,612 shares (~$39.7M) in the past 90 days (including sales by the CFO and co‑founder) — while Robinhood faces regulatory/legal risk such as a Wisconsin DOJ suit over prediction markets.

Teachers Retirement System of The State of Kentucky increased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 100.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,000 shares of the company's stock after purchasing an additional 30,000 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Robinhood Markets were worth $6,786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valley National Advisers Inc. grew its stake in Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company's stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Golden State Wealth Management LLC grew its stake in Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company's stock worth $27,000 after purchasing an additional 99 shares in the last quarter. Vision Financial Markets LLC grew its stake in Robinhood Markets by 100.0% during the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company's stock worth $29,000 after purchasing an additional 100 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Robinhood Markets during the 3rd quarter worth $29,000. Finally, Guerra Advisors Inc acquired a new position in Robinhood Markets during the 3rd quarter worth $30,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Jefferies Financial Group lowered their price objective on Robinhood Markets from $88.00 to $84.00 and set a "buy" rating for the company in a research report on Monday, April 6th. Barclays lowered their price objective on Robinhood Markets from $124.00 to $89.00 and set an "overweight" rating for the company in a research report on Wednesday, April 8th. Piper Sandler lowered their price objective on Robinhood Markets from $155.00 to $135.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Needham & Company LLC lowered their price objective on Robinhood Markets from $100.00 to $90.00 and set a "buy" rating for the company in a research report on Thursday, April 2nd. Finally, Citizens Jmp lowered their price objective on Robinhood Markets from $180.00 to $155.00 and set a "market outperform" rating for the company in a research report on Friday, April 10th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $111.08.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, CFO Shiv Verma sold 5,436 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $85.86, for a total value of $466,734.96. Following the completion of the transaction, the chief financial officer directly owned 52,747 shares in the company, valued at $4,528,857.42. The trade was a 9.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,261 shares of Robinhood Markets stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $86.38, for a total value of $4,946,205.18. 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 534,612 shares of company stock valued at $39,669,704. Company insiders own 19.95% of the company's stock.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Singapore expansion — Robinhood secured in‑principle approval from Singapore regulators to operate a brokerage and is rolling out a Ventures/private-markets initiative that could broaden revenue and product diversity in APAC. Read More.
• Positive Sentiment: Analyst upgrade/market interest — an analyst upgrade and related coverage have driven increased searches and short‑term buying interest, supporting intraday upside. Read More.
• Positive Sentiment: Cantor Fitzgerald bullish call — at least one sell‑side shop remains constructive on HOOD’s medium‑term upside, providing conviction for some investors. Read More.
• Neutral Sentiment: Heightened attention/earnings focus — Zacks and other outlets note heavy investor interest and preview Q1 results due April 28, which is increasing volatility but not providing a clear directional signal. Read More.
• Neutral Sentiment: Earnings preview uncertainty — analysts are split on Q1, so short‑term swings may continue until the earnings release. Read More.
• Negative Sentiment: Regulatory/legal risk — the Wisconsin DOJ sued five prediction‑market operators, including Robinhood, alleging their sports‑based contracts amount to illegal gambling; this introduces legal uncertainty and potential compliance costs. Read More.
• Negative Sentiment: Price-target cut from JPMorgan — JPMorgan trimmed its target (from $113 to $92) and moved to Neutral, which can reduce buy‑side conviction and near‑term upside. Read More.
• Negative Sentiment: Insider selling and lowered expectations — reports of insider sales and some firms (e.g., KeyCorp) lowering forecasts add selling pressure and raise questions about near‑term momentum. Read More. Read More.

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD opened at $84.71 on Monday. The business's fifty day moving average price is $76.06 and its two-hundred day moving average price is $103.94. The stock has a market cap of $76.27 billion, a PE ratio of 41.12, a price-to-earnings-growth ratio of 2.54 and a beta of 2.46. Robinhood Markets, Inc. has a one year low of $45.56 and a one year high of $153.86.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the firm posted $1.01 EPS. The company's revenue was up 26.5% on a year-over-year basis. As a group, equities research analysts predict that Robinhood Markets, Inc. will post 1.95 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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