Stevens Capital Management LP Sells 281,109 Shares of Robinhood Markets, Inc. $HOOD

Key Points

• Stevens Capital sold 281,109 shares, cutting its Robinhood stake by 97.7% to 6,700 shares valued at $758,000 in the fourth quarter.
• Robinhood's Q1 results missed expectations — EPS $0.38 vs. $0.39 and revenue $1.07B vs. $1.14B — with a sharp decline in crypto-related revenue cited as a key headwind.
• There has been heavy trading activity: insiders sold about 477,907 shares (~$34.7M) over the past three months (insiders own 19.95%) while institutions hold 93.27% of the stock; analysts' consensus is a "Moderate Buy" with a $107.88 target.

Stevens Capital Management LP lowered its position in Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 97.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,700 shares of the company's stock after selling 281,109 shares during the period. Stevens Capital Management LP's holdings in Robinhood Markets were worth $758,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Empowered Funds LLC increased its position in shares of Robinhood Markets by 46.7% during the first quarter. Empowered Funds LLC now owns 49,870 shares of the company's stock worth $2,076,000 after buying an additional 15,885 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in Robinhood Markets in the second quarter valued at $5,105,000. Federated Hermes Inc. boosted its position in Robinhood Markets by 106.2% during the second quarter. Federated Hermes Inc. now owns 63,957 shares of the company's stock valued at $5,988,000 after acquiring an additional 32,933 shares during the last quarter. NewEdge Advisors LLC boosted its position in Robinhood Markets by 19.1% during the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company's stock valued at $8,396,000 after acquiring an additional 14,356 shares during the last quarter. Finally, Nebula Research & Development LLC acquired a new stake in Robinhood Markets during the 2nd quarter worth about $1,316,000. 93.27% of the stock is owned by institutional investors.

Robinhood Markets Price Performance

Shares of Robinhood Markets stock opened at $77.03 on Wednesday. Robinhood Markets, Inc. has a one year low of $45.82 and a one year high of $153.86. The firm has a market capitalization of $69.35 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 2.50 and a beta of 2.29. The business has a 50-day simple moving average of $76.24 and a 200 day simple moving average of $101.73.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly 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 during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the company posted $0.37 EPS. The firm's revenue was up 15.1% on a year-over-year basis. On average, sell-side analysts expect that Robinhood Markets, Inc. will post 1.86 EPS for the current year.

Insider Activity at Robinhood Markets

In related news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $69.85, for a total value of $407,574.75. Following the transaction, the chief technology officer directly owned 18,006 shares in the company, valued at $1,257,719.10. This trade represents a 24.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 on Thursday, April 16th. The shares were sold at an average price of $86.38, for a total transaction 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. Insiders sold 477,907 shares of company stock valued at $34,675,140 over the last three months. 19.95% of the stock is currently owned by company insiders.

Analyst Ratings Changes

HOOD has been the topic of a number of recent analyst reports. Mizuho boosted their price objective on Robinhood Markets from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, April 20th. Truist Financial decreased their target price on Robinhood Markets from $120.00 to $100.00 and set a "buy" rating for the company in a research note on Monday, April 13th. Morgan Stanley lowered their target price on Robinhood Markets from $147.00 to $95.00 and set an "equal weight" rating for the company in a report on Friday, April 10th. New Street Research set a $122.00 price target on Robinhood Markets in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. cut their price target on Robinhood Markets from $113.00 to $92.00 and set a "neutral" rating on the stock in a report on Thursday, April 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $107.88.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: CEO emphasizes prediction markets as a major new growth engine — Tenev outlined an ambitious vision on the Q1 call and in media interviews, framing prediction markets as a fast-growing, higher-margin business that could diversify revenue away from crypto volatility. Robinhood CEO issues bold outlook on prediction markets business
• Positive Sentiment: Subscription momentum: Robinhood Gold hit a record 4.3M subscribers — growing subscription revenue helps offset swings in transaction and crypto income and supports a higher recurring revenue mix. Robinhood Gold Hits Record Subscribers: Is the Bet Starting to Pay Off?
• Positive Sentiment: Management defending new initiatives — Tenev publicly defended the “Trump Accounts” partnership and emphasized human-driven customer support, positioning the program as a distinct revenue opportunity and reducing some execution risk concerns. Robinhood CEO Defends the Math Behind 'Trump Accounts' Partnership
• Neutral Sentiment: CEO comments on market structure and retail investing have kept headlines active — ongoing media appearances (WSJ, CNBC, Bloomberg) maintain investor visibility but are mixed in direct near-term impact. ‘You Can’t Have a Functional Market Without Speculators,’ Robinhood CEO Says
• Neutral Sentiment: Industry moves (e.g., Coinbase’s tokenized credit fund) highlight competition and expanding crypto/DeFi product sets — relevant for sector positioning but not an immediate company-specific catalyst. Coinbase Bets on On-Chain Credit With New Tokenized Fund
• Negative Sentiment: Weak Q1 and crypto slump weighed on results — HOOD reported a revenue and EPS miss, with crypto-related revenue plunging and the stock earlier reacting sharply to the guidance and trading mix. That underpins investor concern about near-term top-line volatility. ETFs to Watch as HOOD Lags Q1 Earnings Amid Crypto Trading Slump
• Negative Sentiment: Analysts and commentary question crypto dependence — Several articles flag that crypto revenue volatility (reported steep declines) remains the primary risk to consistent growth until new businesses scale. Is Robinhood's Business Too Dependent on Crypto?

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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