WT Wealth Management Boosts Holdings in Robinhood Markets, Inc. $HOOD

Key Points

• WT Wealth Management increased its stake in Robinhood by 736.9% in Q4, buying an additional 13,470 shares to hold 15,298 shares worth about $1.73 million.
• Robinhood slightly missed quarterly expectations (EPS $0.38 vs $0.39; revenue $1.07B vs $1.14B) and faces pressure from a plunging crypto revenue, though analysts maintain a consensus "Moderate Buy" with an average target of $107.88.
• Insiders have been net sellers recently: the CTO and CFO sold shares under Rule 10b5‑1 plans, and insiders disposed of 477,907 shares (~$34.7 million) in the last 90 days.

WT Wealth Management lifted its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 736.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,298 shares of the company's stock after buying an additional 13,470 shares during the period. WT Wealth Management's holdings in Robinhood Markets were worth $1,730,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in HOOD. Sound Income Strategies LLC raised its position in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company's stock valued at $26,000 after purchasing an additional 145 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company's stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Godsey & Gibb Inc. purchased a new position in shares of Robinhood Markets during the 4th quarter worth $28,000. Cornerstone Planning Group LLC grew its holdings in shares of Robinhood Markets by 90.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 268 shares of the company's stock worth $28,000 after purchasing an additional 127 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Robinhood Markets during the 3rd quarter worth about $29,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Traders are buying HOOD on a risk-on tape and a crypto bounce, with coverage noting Robinhood among several crypto-exposed platforms that got a lift as bitcoin rallied. Robinhood Stock Is Climbing Monday: What Investors Need To Know
• Positive Sentiment: Management is pushing prediction markets as a new revenue stream to offset crypto weakness; investors see this as a potential new engagement and fee opportunity if adoption grows. Robinhood eyes prediction markets as crypto revenue plunges
• Positive Sentiment: Robinhood was named the initial trustee for new federally funded minor IRA accounts ("Trump Accounts") and is expanding international crypto offerings — a potential source of new retail flows and regulatory partnership benefits. Robinhood’s Trump Accounts Role Recasts Growth, Regulation And Crypto Ambitions
• Neutral Sentiment: Bloomberg reports a growing "crypto shadow market" offering retail exposure to private AI companies — a trend that could create product ideas for retail platforms, but it’s an industry-wide development rather than a firm-specific catalyst. AI’s Hottest Private Companies Have Booming Crypto Shadow Market
• Neutral Sentiment: Media and commentators (including Jim Cramer) are discussing Robinhood as part of broader market narratives; this increases attention but doesn’t directly change fundamentals. Jim Cramer Discusses “Gunslingers” & Robinhood (HOOD)
• Negative Sentiment: Crypto revenue has plunged, weighing on quarter-to-quarter growth and contributing to a revenue miss last quarter; analysts and feature pieces question whether Robinhood remains too dependent on crypto trading volumes. Is Robinhood's Business Too Dependent on Crypto?
• Negative Sentiment: Recent weeks included underperformance versus large-cap peers after earnings and weaker guidance, reminding investors that execution on diversification initiatives will be required to justify higher valuations. Roblox, Spotify, And Robinhood Are Among Top 10 Large-Cap Losers Last Week

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Morgan Stanley decreased their target price on shares of Robinhood Markets from $147.00 to $95.00 and set an "equal weight" rating on the stock in a research report on Friday, April 10th. Sanford C. Bernstein reissued an "outperform" rating and issued a $130.00 price target on shares of Robinhood Markets in a research note on Tuesday, April 14th. Piper Sandler lowered their price objective 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. Argus dropped their target price on shares of Robinhood Markets from $102.00 to $90.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Finally, Truist Financial decreased their price target on Robinhood Markets from $120.00 to $100.00 and set a "buy" rating on the stock in a research note on Monday, April 13th. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $107.88.

Insider Buying and Selling at Robinhood Markets

In other news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $83.92, for a total value of $489,673.20. Following the sale, the chief technology officer directly owned 12,171 shares in the company, valued at approximately $1,021,390.32. This trade represents a 32.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 5,436 shares of the business's stock in a transaction 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 transaction, the chief financial officer directly owned 52,747 shares of the company's stock, valued at $4,528,857.42. The trade was a 9.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 477,907 shares of company stock valued at $34,675,140. Insiders own 19.95% of the company's stock.

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $76.55 on Tuesday. The firm has a 50 day simple moving average of $76.22 and a 200-day simple moving average of $102.13. Robinhood Markets, Inc. has a one year low of $45.56 and a one year high of $153.86. The firm has a market cap of $68.92 billion, a price-to-earnings ratio of 36.98, a PEG ratio of 2.36 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.Robinhood Markets's quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.37 earnings per share. Equities analysts predict that Robinhood Markets, Inc. will post 1.9 EPS for the current fiscal year.

About Robinhood Markets

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.