TimesSquare Capital Management LLC Sells 349,882 Shares of Robinhood Markets, Inc. $HOOD

TimesSquare Capital Management LLC decreased its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 33.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 681,371 shares of the company’s stock after selling 349,882 shares during the quarter. Robinhood Markets makes up 1.4% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 17th largest position. TimesSquare Capital Management LLC owned approximately 0.08% of Robinhood Markets worth $97,559,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HOOD. Caisse Des Depots ET Consignations purchased a new stake in shares of Robinhood Markets in the 3rd quarter worth $3,984,000. Jennison Associates LLC purchased a new stake in shares of Robinhood Markets during the third quarter valued at about $322,823,000. New York Life Investment Management LLC purchased a new stake in Robinhood Markets during the 3rd quarter worth approximately $14,989,000. Rhumbline Advisers raised its holdings in shares of Robinhood Markets by 55.9% in the third quarter. Rhumbline Advisers now owns 1,333,857 shares of the company’s stock worth $190,982,000 after buying an additional 478,523 shares during the last quarter. Finally, Allstate Corp acquired a new stake in shares of Robinhood Markets in the third quarter worth $3,860,000. 93.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Robinhood Markets news, Director Baiju Bhatt sold 418,338 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $116.56, for a total transaction of $48,761,477.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Quirk sold 52,540 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the sale, the insider owned 27,564 shares of the company’s stock, valued at $2,420,394.84. The trade was a 65.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,537,615 shares of company stock worth $182,272,702. 14.47% of the stock is owned by company insiders.

Robinhood Markets Stock Up 6.8%

Shares of HOOD stock opened at $75.97 on Friday. The stock has a market cap of $68.31 billion, a P/E ratio of 36.88, a P/E/G ratio of 1.21 and a beta of 2.43. The business has a fifty day simple moving average of $108.89 and a 200-day simple moving average of $118.24. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Loop Capital set a $130.00 price target on Robinhood Markets in a research report on Monday, February 9th. CICC Research initiated coverage on Robinhood Markets in a research report on Monday, October 27th. They set an “outperform” rating and a $155.00 target price on the stock. Zacks Research cut Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Bank of America cut their price objective on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Eighteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.95.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Large institutional buying signals conviction from some long-term investors — Ark/ Cathie Wood bought roughly $34M of HOOD, which supports a recovery narrative after the crypto-driven sell-off. Cathie Wood Sees Opportunity in Robinhood’s Crypto Weakness
• Positive Sentiment: Some analysts argue the selloff is overblown — Truist told clients the pullback may be excessive and maintained a constructive view despite trimming its price target. That view helps underpin short-term buying. Robinhood (HOOD) Stock Selloff May Be Overblown, Said Truist
• Positive Sentiment: Management is pushing new growth levers (prediction markets, product velocity, international expansion) and outlined a path to $1T in platform assets — these strategic initiatives are being cited as reasons to look past near-term crypto weakness. Robinhood Outlines Path to $1T in Platform Assets
• Positive Sentiment: Multiple analysts and outlets are pitching HOOD as a buy-the-dip opportunity given its growth outside crypto and steep share decline from highs — this is attracting bargain hunters. Why Robinhood’s Near-50% Fall Could Be a Buy-the-Dip Opportunity
• Neutral Sentiment: Truist lowered its price target (from $130 to $120) but kept a Buy rating — that’s a mixed signal: confidence in medium-term upside but recognition of nearer-term risks. Truist Lowers Price Target on HOOD
• Neutral Sentiment: Broader tech and crypto market moves are weighing on HOOD — several pieces note HOOD trading more like bitcoin recently, amplifying volatility that may be unrelated to its core retail brokerage revenue growth. Robinhood’s Stock Is Now Trading Almost Exactly Like Bitcoin
• Negative Sentiment: Q4 results missed revenue expectations as crypto revenue collapsed (~38%), which triggered the initial selloff and investor concern about earnings sensitivity to crypto volumes. That earnings miss remains the primary near-term catalyst for selling pressure. Robinhood Stock Falls as Crypto Revenue Collapses
• Negative Sentiment: Analyst downgrades and negative headlines pushed shares sharply lower after earnings (some reports note ~9% intraday drops), increasing volatility and prompting short-term sellers. Robinhood Stock Down Following Analyst Downgrade

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.