Robinhood Markets, Inc. $HOOD Shares Sold by Lee Johnson Capital Management LLC

Key Points

• Lee Johnson Capital Management cut its stake in Robinhood by 48.7% in Q4, selling 32,485 shares and retaining 34,249 shares worth about $3.87 million (making HOOD its 26th-largest holding).
• The board authorized a $1.5 billion share repurchase program over three years, but the stock has still slid to 2026 lows, suggesting the buyback hasn't offset broader selling/rotation.
• Insiders have been sizable net sellers (Baiju Bhatt sold 67,422 shares and insiders sold 536,690 shares in the last 90 days) even as Robinhood posted an EPS beat with strong margins and a consensus rating of "Moderate Buy" (average target ~$120.59).

Lee Johnson Capital Management LLC reduced its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 48.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,249 shares of the company's stock after selling 32,485 shares during the quarter. Robinhood Markets comprises approximately 1.3% of Lee Johnson Capital Management LLC's holdings, making the stock its 26th largest position. Lee Johnson Capital Management LLC's holdings in Robinhood Markets were worth $3,874,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Caisse Des Depots ET Consignations acquired a new stake in Robinhood Markets in the 3rd quarter valued at approximately $3,984,000. Aberdeen Group plc boosted its position in Robinhood Markets by 565.1% during the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company's stock worth $26,565,000 after acquiring an additional 157,643 shares during the period. Jennison Associates LLC bought a new position in shares of Robinhood Markets in the third quarter worth $322,823,000. NEOS Investment Management LLC acquired a new position in shares of Robinhood Markets during the third quarter valued at $11,994,000. Finally, New York Life Investment Management LLC bought a new stake in shares of Robinhood Markets during the third quarter valued at about $14,989,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Board authorized a new $1.5 billion share repurchase program to be deployed over the next three years; company has previously authorized buybacks, so this is a clear capital-return signal that can support shares and EPS. Robinhood Board of Directors Authorizes New $1.5 Billion Share Repurchase Program
• Neutral Sentiment: Recent quarterly results (Feb) showed an EPS beat but slightly below-consensus revenue; profitability metrics remain strong (high net margin and ROE), which supports a constructive medium-term thesis but hasn’t resolved near-term volatility.
• Neutral Sentiment: Published short-interest data for March appears inconsistent/erroneous (reports of 0 shares and NaN changes) — short-interest signal is unreliable right now and likely not driving today’s move.
• Negative Sentiment: Insider selling: Director Baiju Bhatt sold 67,422 shares (~$4.8M at ~$71.32) on March 20th; sizeable insider sales can weigh on sentiment even when disclosed as routine. Baiju Bhatt sold 67,422 shares
• Negative Sentiment: Market pressure: multiple reports note HOOD hitting 2026 lows and falling despite the buyback announcement — suggests broad selling/rotation and that the repurchase wasn’t enough to offset negative momentum. Robinhood (HOOD) Stock Drops to 2026 Low Despite $1.5B Share Buyback Authorization
• Negative Sentiment: Policy/regulatory risk: reports that the Senate is considering restrictions on prediction markets (affecting Coinbase, Robinhood, Kraken) add regulatory uncertainty that could impair growth initiatives and product expansion. Prediction market expansion under threat after Senate reportedly moves to restrict sector

Robinhood Markets Trading Down 4.7%

NASDAQ:HOOD opened at $69.08 on Wednesday. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86. The company has a 50-day moving average of $85.01 and a 200-day moving average of $112.43. The firm has a market cap of $62.19 billion, a price-to-earnings ratio of 33.53, a price-to-earnings-growth ratio of 1.64 and a beta of 2.47.

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 (EPS) 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 company had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter in the previous year, the company posted $1.01 EPS. The business's revenue was up 26.5% compared to the same quarter last year. On average, research analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HOOD. Piper Sandler decreased their target price on shares of Robinhood Markets from $155.00 to $135.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Morgan Stanley increased their price objective on shares of Robinhood Markets from $146.00 to $147.00 and gave the company an "equal weight" rating in a report on Monday, December 22nd. Wolfe Research upgraded shares of Robinhood Markets from a "peer perform" rating to an "outperform" rating and set a $125.00 price objective on the stock in a research note on Monday, February 9th. Zacks Research cut Robinhood Markets from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 6th. Finally, Cantor Fitzgerald cut their target price on Robinhood Markets from $130.00 to $100.00 and set an "overweight" rating for the company in a research report on Tuesday, February 17th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $120.59.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company's stock in a transaction on Monday, January 26th. The stock was sold at an average price of $107.48, for a total value of $630,262.72. Following the transaction, the chief technology officer owned 9,133 shares of the company's stock, valued at approximately $981,614.84. This represents a 39.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Baiju Bhatt sold 67,422 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $71.32, for a total value of $4,808,537.04. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 536,690 shares of company stock valued at $59,217,991 in the last 90 days. 19.95% of the stock is owned by corporate insiders.

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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