SPX Gestao de Recursos Ltda Invests $1.44 Million in Robinhood Markets, Inc. $HOOD

SPX Gestao de Recursos Ltda bought a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,338 shares of the company's stock, valued at approximately $1,438,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. CYBER HORNET ETFs LLC raised its position in Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company's stock worth $26,000 after acquiring an additional 190 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets in the fourth quarter valued at about $27,000. MV Capital Management Inc. acquired a new stake in shares of Robinhood Markets in the fourth quarter valued at about $27,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Robinhood Markets in the second quarter valued at about $27,000. Finally, Swiss RE Ltd. purchased a new stake in shares of Robinhood Markets during the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 93.27% of the company's stock.

Trending Headlines about Robinhood Markets

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?

Insiders Place Their Bets

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company's stock in a transaction that occurred 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 directly owned 461,396 shares in the company, valued at approximately $41,719,426.32. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the company's stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $116.17, for a total value of $43,563,750.00. Following the completion of the transaction, the chief executive officer owned 375,000 shares in the company, valued at $43,563,750. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 612,704 shares of company stock worth $66,675,612. 13.48% of the stock is currently owned by company insiders.

Robinhood Markets Trading Down 5.0%

Shares of HOOD opened at $104.26 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86. The firm has a 50-day moving average price of $101.46 and a 200 day moving average price of $87.10. The firm has a market capitalization of $93.74 billion, a P/E ratio of 45.93, a P/E/G ratio of 2.00 and a beta of 2.35.

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on HOOD shares. Wall Street Zen raised shares of Robinhood Markets from a "strong sell" rating to a "sell" rating in a research note on Sunday, July 12th. Cantor Fitzgerald cut their price objective on Robinhood Markets from $130.00 to $115.00 and set an "overweight" rating for the company in a research note on Monday, August 3rd. Citizens Jmp reissued a "market outperform" rating and set a $155.00 target price on shares of Robinhood Markets in a report on Thursday, July 30th. Barclays decreased their target price on Robinhood Markets from $122.00 to $105.00 and set an "overweight" rating on the stock in a research report on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a research note on Wednesday, June 24th. Twenty-one analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $120.52.

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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