PensionDanmark Pensionsforsikringsaktieselskab Buys 9,900 Shares of Robinhood Markets, Inc. $HOOD

PensionDanmark Pensionsforsikringsaktieselskab increased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 10.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,110 shares of the company’s stock after buying an additional 9,900 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Robinhood Markets were worth $10,340,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HOOD. Truist Financial Corp lifted its holdings in shares of Robinhood Markets by 88.9% during the 4th quarter. Truist Financial Corp now owns 145,489 shares of the company’s stock worth $16,455,000 after acquiring an additional 68,458 shares during the period. PNC Financial Services Group Inc. increased its stake in Robinhood Markets by 86.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 100,849 shares of the company’s stock valued at $11,406,000 after acquiring an additional 46,688 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in Robinhood Markets by 196.3% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 722,857 shares of the company’s stock valued at $81,755,000 after purchasing an additional 478,919 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in Robinhood Markets by 100.0% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 60,000 shares of the company’s stock worth $6,786,000 after purchasing an additional 30,000 shares during the last quarter. Finally, Swiss Life Asset Management Ltd lifted its stake in Robinhood Markets by 107.8% during the fourth quarter. Swiss Life Asset Management Ltd now owns 272,604 shares of the company’s stock worth $30,832,000 after purchasing an additional 141,440 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HOOD shares. Truist Financial decreased their price target on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. JPMorgan Chase & Co. decreased their target price on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. BTIG Research reissued a “buy” rating and set a $125.00 target price on shares of Robinhood Markets in a research note on Thursday, July 30th. Cantor Fitzgerald dropped their target price on shares of Robinhood Markets from $130.00 to $115.00 and set an “overweight” rating for the company in a report on Monday, August 3rd. Finally, Sanford C. Bernstein raised their price target on shares of Robinhood Markets from $130.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Twenty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $120.52.

Robinhood Markets News Summary

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

• Positive Sentiment: Bitcoin’s move above $65,000 is supporting crypto-linked stocks, including Robinhood. Higher crypto prices and trading activity could increase transaction revenue and customer engagement. MSTR, CRCL, BMNR Stocks Rally After Bitcoin Reclaims $65K
• Positive Sentiment: Robinhood’s acquisition of Canadian crypto platform WonderFi highlights its international expansion strategy. WonderFi’s CEO said Canada’s regulatory and capital-markets environment made a sale to Robinhood preferable, potentially giving HOOD additional crypto customers and infrastructure. I Built Canada’s Largest Crypto Company
• Positive Sentiment: Jim Cramer made a bullish assessment of Robinhood following its latest quarterly report, reinforcing the view that the platform has a competitive advantage. Robinhood reported $0.62 in quarterly EPS versus the $0.44 consensus estimate, while revenue rose 32.5% year over year to $1.31 billion. Jim Cramer Makes Bold Call on Robinhood Stock
• Positive Sentiment: A meme coin surged after being listed on Robinhood, illustrating how new token listings can generate attention and trading activity on the platform. However, the event is speculative and may have limited direct financial impact. Meme Coin Surges 77% on Robinhood Listing
• Neutral Sentiment: Coverage comparing Robinhood with SoFi suggests investors may favor HOOD’s stronger trading momentum and earnings profile, but also underscores that high-growth fintech stocks can decline even after strong results when valuation expectations are elevated. Why Wall Street Keeps Ignoring SoFi’s Record Growth for Robinhood
• Negative Sentiment: Robinhood director Daniel Martin Gallagher, Jr. sold 10,000 shares for approximately $904,200 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the sale reduces its importance, although insider selling can still weigh modestly on sentiment. SEC Insider Transaction Filing

Robinhood Markets Stock Up 2.8%

Shares of HOOD opened at $93.29 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86. The stock has a market capitalization of $84.01 billion, a price-to-earnings ratio of 41.10, a PEG ratio of 1.83 and a beta of 2.35. The stock has a fifty day moving average of $99.17 and a 200-day moving average of $86.82.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the company posted $0.42 EPS. Robinhood Markets’s quarterly revenue was up 32.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Robinhood Markets, Inc. will post 2.02 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Oluwadara Johnson Treseder sold 3,750 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $117.50, for a total transaction of $440,625.00. Following the sale, the director directly owned 72,442 shares in the company, valued at approximately $8,511,935. The trade was a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 19,377 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $119.96, for a total value of $2,324,464.92. Following the completion of the transaction, the insider directly owned 62,612 shares of the company’s stock, valued at $7,510,935.52. This represents a 23.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 631,263 shares valued at $66,929,157. Company insiders own 13.48% of the company’s stock.

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.