Hartline Investment Corp Sells 44,153 Shares of Robinhood Markets, Inc. $HOOD

Hartline Investment Corp decreased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 59.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,850 shares of the company’s stock after selling 44,153 shares during the period. Hartline Investment Corp’s holdings in Robinhood Markets were worth $2,069,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Robinhood Markets by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after acquiring an additional 1,334,443 shares in the last quarter. State Street Corp raised its holdings in shares of Robinhood Markets by 2.7% in the fourth quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after purchasing an additional 875,297 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Robinhood Markets by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after purchasing an additional 356,902 shares in the last quarter. Morgan Stanley lifted its position in shares of Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after purchasing an additional 2,061,832 shares in the last quarter. Finally, Norges Bank purchased a new position in Robinhood Markets during the fourth quarter worth about $1,202,160,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Robinhood Markets

In other news, Director Baiju Bhatt sold 67,422 shares of Robinhood Markets stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $75.38, for a total value of $5,082,270.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Meyer Malka purchased 250,000 shares of the stock in a transaction dated Friday, June 5th. The stock was acquired at an average cost of $80.74 per share, for a total transaction of $20,185,000.00. Following the transaction, the director owned 3,924,427 shares of the company’s stock, valued at approximately $316,858,235.98. This trade represents a 6.80% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 274,112 shares worth $24,016,008. 19.95% of the stock is currently owned by company insiders.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood’s London keynote highlighted a broader global expansion push, including Robinhood Chain, stock tokens, DeFi lending, perpetual futures, and AI-powered trading, reinforcing the company’s growth story. Article: HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
• Positive Sentiment: China Renaissance initiated coverage on Robinhood with a buy rating, adding fresh analyst support that can help sustain investor optimism.
• Positive Sentiment: Recent commentary emphasized that Robinhood’s business momentum may be outpacing earnings estimates, with upcoming results seen as a potential catalyst for upward revisions if banking and prediction-market initiatives keep scaling. Article: Why Robinhood’s Business Momentum May Be Outrunning Earnings Estimates
• Positive Sentiment: Coverage also pointed to growing interest in Robinhood as a fintech name benefiting from AI, digital payments, blockchain, and tokenization trends. Article: Fintech Stocks in Focus as AI and Digital Payments Reshape Finance
• Neutral Sentiment: Robinhood remains one of the most searched stocks on Zacks, suggesting elevated investor attention ahead of its next earnings report and key growth updates. Article: Investors Heavily Search Robinhood Markets, Inc. (HOOD): Here is What You Need to Know
• Neutral Sentiment: Two directors and one insider sold shares under pre-arranged Rule 10b5-1 plans, which is not unusual but may still slightly weigh on sentiment because it signals some profit-taking after the stock’s strong run.
• Neutral Sentiment: Broader media coverage also noted Robinhood’s role in the new Trump Accounts rollout and CEO Vlad Tenev’s comments on AI agents, which add to the company’s visibility but are less immediate stock drivers. Article: How Trump Accounts can turn $2K into $40K: Robinhood CEO & BNY CEO discuss
• Negative Sentiment: Insider sales by Director Paula Loop, Director Oluwadara Johnson Treseder, and insider Steven M. Quirk could create modest caution, even though the trades were pre-planned and not necessarily a bearish signal on fundamentals.

Robinhood Markets Price Performance

NASDAQ:HOOD opened at $112.90 on Wednesday. The company has a market capitalization of $101.67 billion, a P/E ratio of 54.54, a P/E/G ratio of 2.63 and a beta of 2.33. The business has a fifty day simple moving average of $88.95 and a two-hundred day simple moving average of $89.39. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 EPS. As a group, analysts anticipate that Robinhood Markets, Inc. will post 1.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HOOD has been the topic of several recent analyst reports. KeyCorp reissued an “overweight” rating and set a $100.00 target price on shares of Robinhood Markets in a research report on Monday, June 1st. Mizuho increased their price target on Robinhood Markets from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Morgan Stanley dropped their price target on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating on the stock in a report on Friday, April 10th. Argus upped their price objective on Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Finally, The Goldman Sachs Group lifted their target price on Robinhood Markets from $108.00 to $121.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Twenty-one equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $115.00.

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.