iA Global Asset Management Inc. raised its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 41.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 90,340 shares of the company’s stock after buying an additional 26,357 shares during the quarter. iA Global Asset Management Inc.’s holdings in Robinhood Markets were worth $10,217,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Robinhood Markets by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after buying an additional 1,334,443 shares during the last quarter. State Street Corp grew its holdings in Robinhood Markets by 103.2% in the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after buying an additional 16,375,734 shares during the last quarter. Invesco Ltd. grew its holdings in Robinhood Markets by 25.3% in the 3rd quarter. Invesco Ltd. now owns 6,191,123 shares of the company’s stock valued at $886,445,000 after buying an additional 1,248,590 shares during the last quarter. Northern Trust Corp grew its holdings in Robinhood Markets by 48.5% in the 3rd quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock valued at $881,608,000 after buying an additional 2,011,820 shares during the last quarter. Finally, Amundi grew its holdings in Robinhood Markets by 10.6% in the 3rd quarter. Amundi now owns 4,592,764 shares of the company’s stock valued at $662,552,000 after buying an additional 440,899 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.
Key Stories Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: April 2026 trading data showed higher equity and options activity, while platform assets jumped 49% year over year to $345.4 billion, signaling continued user engagement and growth for Robinhood. Article Title
- Positive Sentiment: The Senate Banking Committee advanced the Digital Asset Clarity Act, which could reduce regulatory uncertainty around crypto trading and is viewed as a constructive development for Robinhood’s crypto business. Article Title
- Positive Sentiment: Tiger Global Management disclosed a new first-quarter position in Robinhood in its latest 13-F filing, which may be seen as a vote of confidence from a major hedge fund. Article Title
- Neutral Sentiment: Robinhood’s exchange Rothera self-certified its first prediction market contracts, adding another product area that could broaden the platform over time. Article Title
- Negative Sentiment: Crypto-related stocks, including Robinhood, lost momentum as the initial rally tied to crypto legislation faded and investors refocused on broader market and digital asset risks. Article Title
Robinhood Markets Price Performance
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 EPS. Equities analysts anticipate that Robinhood Markets, Inc. will post 1.86 earnings per share for the current fiscal year.
Insider Buying and Selling at Robinhood Markets
In related news, insider Steven M. Quirk sold 8,540 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total transaction of $725,302.20. Following the completion of the transaction, the insider owned 53,183 shares in the company, valued at $4,516,832.19. This trade represents a 13.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,261 shares of Robinhood Markets stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $86.38, for a total value of $4,946,205.18. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 487,907 shares of company stock worth $35,444,040 over the last three months. 14.47% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on HOOD shares. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $130.00 target price on shares of Robinhood Markets in a report on Tuesday, April 14th. KeyCorp lowered their target price on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Truist Financial lowered their target price on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, April 13th. JPMorgan Chase & Co. decreased their price objective on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Finally, The Goldman Sachs Group decreased their price objective on Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, March 26th. 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. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.88.
Check Out Our Latest Research Report on HOOD
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.
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