NCP Inc. Makes New $6.89 Million Investment in Robinhood Markets, Inc. $HOOD

NCP Inc. bought a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 48,090 shares of the company’s stock, valued at approximately $6,886,000. Robinhood Markets makes up approximately 5.1% of NCP Inc.’s investment portfolio, making the stock its 5th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after buying an additional 18,824,923 shares during the last quarter. State Street Corp lifted its position in shares of Robinhood Markets by 9.2% during the 2nd quarter. State Street Corp now owns 15,870,421 shares of the company’s stock worth $1,485,948,000 after buying an additional 1,341,204 shares during the period. Geode Capital Management LLC boosted its stake in shares of Robinhood Markets by 4.0% in the 2nd quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company’s stock valued at $1,233,840,000 after purchasing an additional 507,926 shares in the last quarter. Norges Bank acquired a new position in Robinhood Markets in the second quarter valued at about $973,122,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Robinhood Markets by 3.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,019,451 shares of the company’s stock worth $469,971,000 after acquiring an additional 168,099 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

HOOD has been the topic of a number of research analyst reports. KeyCorp decreased their price objective on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday, February 9th. Argus initiated coverage on shares of Robinhood Markets in a research note on Friday, January 9th. They set a “buy” rating and a $145.00 price target on the stock. Bank of America dropped their price objective on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, December 10th. Loop Capital set a $130.00 price objective on Robinhood Markets in a research report on Monday, February 9th. Finally, Mizuho dropped their target price on Robinhood Markets from $172.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.73.

Robinhood Markets News Summary

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

• Positive Sentiment: Big drop in short interest — Short interest fell 12.8% in February to ~30.13M shares (4.2% of float) with a days-to-cover of ~1.2, reducing the risk of a large short squeeze and removing a potential source of downside volatility.
• Positive Sentiment: Product and revenue momentum from prediction markets and new products — Coverage highlights that Robinhood’s “SuperApp” push and prediction-markets business are scaling (prediction markets annualizing roughly $435M and accounting for ~10% of FY25 revenue), and the company is rolling out new initiatives (Robinhood Ventures Fund I and a high-end Platinum card) that expand monetization beyond core trading. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: High-profile endorsement and bullish commentary — Prominent media/talent (Jim Cramer) and coverage framing Robinhood as a multi-year growth story/supportive analyst commentary can help institutional and retail sentiment and buying interest. Jim Cramer on Robinhood: “The Question Is, Would You Buy It Now? And the Answer Is a Resounding Yes”
• Positive Sentiment: Crypto price strength may boost transaction and crypto revenue — A rally in Bitcoin and other cryptos tends to lift crypto trading volumes and engagement on Robinhood’s platform, which supports its crypto-derived revenue. Bitcoin Surges Past $70,000. Ethereum, XRP Rise as Cryptos Get a Trump Boost.
• Neutral Sentiment: Sector and analyst narratives — Several pieces discuss Robinhood as an AI/tech innovator or long-term growth name (Fool, Yahoo mentions). These are constructive for narrative but not immediate catalysts unless adoption/metrics follow. 2 AI Stocks Shaping the Future of Technology to Buy Now, According to Wall Street
• Neutral Sentiment: Third-party infrastructure developments (tokenization) — Nasdaq’s tokenization work with Kraken expands the digital-assets ecosystem; this is an industry tailwind but only indirectly relevant to Robinhood unless it moves into tokenized securities aggressively. Nasdaq teams up with Kraken to expand tokenization infrastructure
• Negative Sentiment: Technical and broader weakness — Despite record revenue and EPS beats, HOOD remains materially below its 50- and 200-day moving averages and is down significantly year-to-date, which keeps momentum-focused investors on the sidelines and can pressure the stock until it reclaims key moving averages.
• Negative Sentiment: Lower-than-average intraday volume — Today’s trading volume is below the stock’s average, which can amplify moves and signal less conviction behind any intraday rebounds.

Robinhood Markets Trading Down 1.0%

Robinhood Markets stock opened at $78.53 on Wednesday. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86. The company has a market cap of $70.70 billion, a P/E ratio of 38.12, a price-to-earnings-growth ratio of 1.64 and a beta of 2.47. The company has a fifty day simple moving average of $93.59 and a 200 day simple moving average of $114.51.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data 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. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the company earned $1.01 earnings per share. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. On average, equities research analysts forecast that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Insider Buying and Selling

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $75.49, for a total value of $754,900.00. Following the transaction, the insider directly owned 452,849 shares of the company’s stock, valued at $34,185,571.01. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets 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 transaction, the insider owned 27,564 shares in the company, valued at approximately $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. In the last 90 days, insiders sold 475,132 shares of company stock valued at $55,127,149. Company insiders own 19.95% of the company’s stock.

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.