Victory Capital Management Inc. Has $90.69 Million Holdings in Robinhood Markets, Inc. $HOOD

Key Points

• Victory Capital Management trimmed its Robinhood stake by 17.4%, selling 133,386 shares to hold 633,395 shares worth about $90.69 million (≈0.07% of the company) per its latest SEC filing.
• Company insiders have been active sellers — including CEO Vladimir Tenev's sale of 375,000 shares for roughly $45.6 million — with insiders selling ~470,997 shares (~$55.15M) in the last quarter; institutional investors still own about 93.27% while insiders hold 14.47%.
• Operational and market backdrop: Robinhood reported $0.66 EPS (beat) and $1.28B revenue (up 26.5% YoY but a slight revenue miss), recently launched a $695 Platinum credit card that fueled buying interest, and carries a consensus "Moderate Buy" rating with an average target of $121.71.

Victory Capital Management Inc. cut its stake in Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 17.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 633,395 shares of the company's stock after selling 133,386 shares during the period. Victory Capital Management Inc. owned approximately 0.07% of Robinhood Markets worth $90,689,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HOOD. Empowered Funds LLC grew its position in 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 in the last quarter. Hantz Financial Services Inc. increased its position in shares of Robinhood Markets by 120.3% during the second quarter. Hantz Financial Services Inc. now owns 271 shares of the company's stock valued at $25,000 after purchasing an additional 148 shares during the period. Sigma Planning Corp bought a new stake in shares of Robinhood Markets during the second quarter valued at approximately $359,000. Prosperity Consulting Group LLC bought a new position in Robinhood Markets during the second quarter worth about $234,000. Finally, Ellevest Inc. boosted its holdings in Robinhood Markets by 9.8% during the second quarter. Ellevest Inc. now owns 7,662 shares of the company's stock valued at $717,000 after purchasing an additional 683 shares in the last quarter. Institutional investors own 93.27% of the company's stock.

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD opened at $82.21 on Thursday. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86. The company has a market capitalization of $74.01 billion, a P/E ratio of 39.91, a price-to-earnings-growth ratio of 1.54 and a beta of 2.47. The company has a 50-day simple moving average of $96.71 and a 200 day simple moving average of $115.30.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 earnings per share. As a group, equities analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

HOOD has been the topic of several recent analyst reports. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Morgan Stanley upped their price objective on shares of Robinhood Markets from $146.00 to $147.00 and gave the stock an "equal weight" rating in a research note on Monday, December 22nd. Truist Financial cut their price objective on Robinhood Markets from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, February 12th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Finally, Cantor Fitzgerald cut their price objective on shares of Robinhood Markets from $130.00 to $100.00 and set an "overweight" rating on the stock in a report on Tuesday, February 17th. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $121.71.

Insiders Place Their Bets

In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,865 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $132.26, for a total transaction of $775,704.90. Following the transaction, the chief technology officer directly owned 26,725 shares in the company, valued at approximately $3,534,648.50. This represents a 18.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction on Monday, January 5th. The shares were sold at an average price of $121.63, for a total transaction of $45,611,250.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 470,997 shares of company stock worth $55,147,954. 14.47% of the stock is currently owned by company insiders.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Launched a $695 annual-fee Platinum credit card aimed at affluent customers — management is clearly targeting higher‑margin, wealthy clients to increase wallet share and diversify revenue. Robinhood targets wealthy customers with new Platinum credit card
• Positive Sentiment: Market reaction tied directly to the Platinum card announcement — headlines and commentary about the product prompted buying interest and positioned HOOD as a challenger to premium card incumbents. Robinhood (HOOD) Stock Surges on $695 Platinum Card Launch Targeting Premium Market
• Positive Sentiment: Broader product push — Robinhood unveiled additional features and a pilot advisor referral program as part of a “super app” growth story that could lift monetization and customer engagement over time. Robinhood Tests Advisor Network As Super App Vision Shapes Growth Story
• Positive Sentiment: Media and influencer endorsement — high‑profile bullish commentary is amplifying the narrative that Robinhood’s product expansion can sustain growth. Jim Cramer on Robinhood: “They Own the Future”
• Neutral Sentiment: Short‑term crypto tailwind — a rebound in bitcoin and crypto prices has helped lift fintech and crypto‑exposed names, supporting HOOD’s move today but adding volatility sensitivity. Why Are Robinhood (HOOD) Shares Soaring Today
• Neutral Sentiment: Heightened investor attention — search and news volume around HOOD has spiked around the product event, which can amplify intraday moves but isn’t a fundamentals change by itself. Investors Heavily Search Robinhood Markets, Inc. (HOOD)
• Neutral Sentiment: Coverage overlap from broader ad/AI industry stories — some financial media pieces include HOOD in roundups of fintech/AI developments, but these are peripheral to core revenue drivers. Wall Street Breakfast Podcast: Ad Deal Buzz Lifts Trade Desk
• Negative Sentiment: Execution and competition risks — entering the premium credit-card market pits Robinhood against entrenched incumbents (AmEx, Chase). Success will depend on customer acquisition economics, breakage on perks, and regulatory/credit risk; failure or slow uptake could pressure the stock. Robinhood launches new platinum credit card aimed at wealthy customers

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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