Circle Wealth Management LLC Cuts Stock Position in Robinhood Markets, Inc. $HOOD

Circle Wealth Management LLC decreased its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 19.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,449 shares of the company’s stock after selling 9,557 shares during the period. Circle Wealth Management LLC’s holdings in Robinhood Markets were worth $5,791,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HOOD. Empowered Funds LLC grew its holdings in shares of Robinhood Markets by 46.7% during the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock valued at $2,076,000 after purchasing an additional 15,885 shares during the last quarter. Prospera Financial Services Inc bought a new position in shares of Robinhood Markets in the 2nd quarter worth about $510,000. Los Angeles Capital Management LLC bought a new stake in Robinhood Markets in the second quarter worth $338,000. PNC Financial Services Group Inc. grew its holdings in shares of Robinhood Markets by 32.1% during the second quarter. PNC Financial Services Group Inc. now owns 41,475 shares of the company’s stock valued at $3,883,000 after buying an additional 10,086 shares during the last quarter. Finally, Candriam S.C.A. increased its holdings in Robinhood Markets by 12.6% in the 2nd quarter. Candriam S.C.A. now owns 51,052 shares of the company’s stock worth $4,780,000 after buying an additional 5,710 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Robinhood Markets Stock Performance

Shares of NASDAQ HOOD opened at $73.39 on Friday. The firm has a market capitalization of $66.07 billion, a PE ratio of 35.63, a price-to-earnings-growth ratio of 1.66 and a beta of 2.47. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. The stock’s 50-day simple moving average is $91.33 and its 200-day simple moving average is $113.79.

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Piper Sandler dropped their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. New Street Research set a $122.00 price objective on shares of Robinhood Markets in a research note on Thursday, March 5th. Finally, Argus started coverage on Robinhood Markets in a research report on Friday, January 9th. They set a “buy” rating and a $145.00 target price on the stock. Seventeen 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $120.59.

More Robinhood Markets News

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

• Positive Sentiment: February operating metrics show rising engagement: Robinhood reported year-over-year increases in equity and options DARTs and a 68% YoY surge in platform assets to $314.2B, driven by strong deposits and higher trading activity — a signal of durable customer demand and monetization potential. Read More.
• Positive Sentiment: Prediction markets and “SuperApp” strategy are contributing incremental revenue: MarketBeat highlights that prediction-markets revenue is annualizing at about $435M and is embedded in a broader $4.5B revenue base — supporting upside to revenue diversification and long-term growth. Read More.
• Positive Sentiment: Recent quarterly results remained solid: management reported record revenue and EPS beats (referenced in the MarketBeat coverage), reinforcing the case that RH is expanding revenue streams while maintaining profitability metrics. Read More.
• Neutral Sentiment: Analyst price-target reset but upbeat rating: Mizuho trimmed its HOOD PT from $135 to $110 but kept an “outperform” call — the lower target can cap near-term upside while the rating still signals continued analyst conviction. Read More.
• Neutral Sentiment: Market coverage and idea pieces highlight HOOD as a thematic play (prediction markets, retail trading) but note the stock has been volatile and down YTD — themes that attract interest but also keep sentiment mixed. Read More.
• Negative Sentiment: Competitive and valuation pressure vs. larger brokers: comparative analyses (HOOD vs IBKR) argue Interactive Brokers’ diversification and lower valuation may make it the steadier choice if crypto/trading volumes waver — a relative-risk narrative that can weigh on HOOD multiple. Read More.
• Negative Sentiment: Volatility and drawdown risk highlighted: a Forbes analysis reminds investors that HOOD has experienced large drawdowns in systemic shocks (~-37% average), underscoring the stock’s sensitivity to market stress and crypto turbulence. That risk premium can pressure the share price in uncertain markets. Read More.

Insiders Place Their Bets

In other Robinhood Markets news, insider Steven M. Quirk sold 52,540 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was 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 in the company, valued at approximately $2,420,394.84. This trade represents a 65.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.63, for a total transaction of $45,611,250.00. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 475,132 shares of company stock worth $55,127,149. 14.47% of the stock is owned by corporate insiders.

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.