New York Life Investment Management LLC Invests $14.99 Million in Robinhood Markets, Inc. $HOOD

New York Life Investment Management LLC acquired a new position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 104,689 shares of the company’s stock, valued at approximately $14,989,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in Robinhood Markets by 120.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 271 shares of the company’s stock worth $25,000 after purchasing an additional 148 shares during the last quarter. Valley National Advisers Inc. grew its stake in shares of Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the last quarter. Smithfield Trust Co bought a new position in Robinhood Markets during the second quarter valued at approximately $29,000. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Robinhood Markets in the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insiders Place Their Bets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total value of $15,855,600.00. Following the sale, the insider owned 430,012 shares of the company’s stock, valued at $56,817,485.56. This trade represents a 21.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,537,615 shares of company stock valued at $182,272,702. Company insiders own 19.95% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Wolfe Research upgraded HOOD to “outperform” with a $125 price target, citing upside versus the current level — a clear near‑term bullish catalyst. Wolfe Research Upgrade
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating with a $130 price target, supporting investor optimism ahead of earnings. Cantor Fitzgerald Rating
• Positive Sentiment: Robinhood is seeing crypto inflows (notably Dogecoin) as Ark Invest builds a long‑term position — positive for crypto trading revenue if flows continue. Dogecoin Inflows
• Positive Sentiment: Analysts and outlets point to strong Q4 top‑line momentum (Blockonomi cites ~30% revenue growth expected), which could drive upside if results beat. Q4 Revenue Growth Expectation
• Neutral Sentiment: Consensus analyst positioning is mildly favorable — an average rating of “Moderate Buy” — suggesting expectations are constructive but not unanimous. Analyst Average Rating
• Neutral Sentiment: Robinhood’s entry into the UK ISA market expands addressable market, a positive strategic move whose financial impact will play out over time. UK ISA Expansion
• Neutral Sentiment: The stock faces an event risk: Investopedia flags a potentially large post‑earnings swing — higher volatility could produce sharp moves in either direction. Earnings Volatility Preview
• Negative Sentiment: Truist trimmed its price target to $130 (from $155), citing falling crypto prices and market overreaction — a reminder crypto volatility can pressure Robinhood’s revenue outlook. Truist PT Cut
• Negative Sentiment: KeyCorp also lowered its target to $130 (previously $160) even while keeping an overweight stance; several firms trimming targets signals caution on near‑term upside. KeyCorp PT Lowered
• Negative Sentiment: Broad software sector/headline risks (AI‑related rotation) have pressured tech/software stocks; elevated beta and recent big intraday moves increase downside risk if earnings disappoint. Software Sector Headwinds

Wall Street Analyst Weigh In

HOOD has been the topic of several analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Robinhood Markets from $121.00 to $135.00 and gave the stock a “market perform” rating in a research note on Thursday, November 6th. KeyCorp decreased their price objective on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a report on Monday. Mizuho increased their target price on shares of Robinhood Markets from $145.00 to $172.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $130.00 price target on shares of Robinhood Markets in a research report on Monday. Finally, Zacks Research downgraded Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $131.82.

Robinhood Markets Price Performance

Shares of HOOD opened at $86.56 on Tuesday. The company has a market capitalization of $77.83 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.30 and a beta of 2.44. Robinhood Markets, Inc. has a one year low of $29.66 and a one year high of $153.86. The company’s fifty day moving average price is $113.25 and its 200 day moving average price is $119.11.

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.