5,000 Shares in Robinhood Markets, Inc. $HOOD Acquired by EMC Capital Management

EMC Capital Management bought a new position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $530,000. Robinhood Markets makes up 0.2% of EMC Capital Management’s holdings, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HOOD. Sivia Capital Partners LLC grew its stake in shares of Robinhood Markets by 2.8% in the fourth quarter. Sivia Capital Partners LLC now owns 4,310 shares of the company’s stock worth $487,000 after acquiring an additional 117 shares in the last quarter. Constant Guidance Financial LLC raised its stake in shares of Robinhood Markets by 5.3% in the fourth quarter. Constant Guidance Financial LLC now owns 2,571 shares of the company’s stock valued at $291,000 after acquiring an additional 129 shares in the last quarter. MCF Advisors LLC raised its stake in shares of Robinhood Markets by 52.6% in the fourth quarter. MCF Advisors LLC now owns 377 shares of the company’s stock valued at $43,000 after acquiring an additional 130 shares in the last quarter. Integrated Advisors Network LLC boosted its holdings in Robinhood Markets by 5.7% in the fourth quarter. Integrated Advisors Network LLC now owns 2,494 shares of the company’s stock valued at $282,000 after purchasing an additional 135 shares during the period. Finally, Dearborn Partners LLC grew its stake in Robinhood Markets by 7.4% during the 4th quarter. Dearborn Partners LLC now owns 2,132 shares of the company’s stock worth $241,000 after purchasing an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Morgan Stanley upgraded Robinhood to Overweight from Equal Weight and raised its price target to $150 from $124. Analyst Michael Cyprys cited a long growth runway and the potential for Robinhood to generate more revenue from its existing customer base through prediction markets, expanded products and higher engagement. Morgan Stanley Just Upgraded Robinhood Markets
• Positive Sentiment: Scotiabank initiated coverage with a Sector Outperform rating and a $136 price target, adding another favorable Wall Street view and reinforcing expectations for further upside.
• Positive Sentiment: Robinhood’s blockchain initiatives are showing early traction. Robinhood Chain’s tokenized value reportedly surpassed $88 million shortly after its mainnet launch, while the platform recorded approximately $390 million in trading volume. Robinhood was also reported to lead the stock-token market by market capitalization, supporting the investment case for a broader digital-asset ecosystem. Robinhood Chain total tokenized value surpasses $88M
• Positive Sentiment: Investors are also focused on prediction markets, new trading products and Robinhood Banking growth. These offerings could diversify revenue away from transaction-based crypto activity and increase customer monetization. Robinhood will present at the Goldman Sachs Communacopia + Technology Conference on September 9, potentially providing additional product and growth updates. Robinhood to Present at Goldman Sachs Conference
• Neutral Sentiment: Artisan Partners identified Robinhood as an attractive investment, reflecting institutional interest in the company’s growth strategy. However, the stock’s elevated valuation and high beta leave it sensitive to execution risks, market volatility and changes in crypto or retail-trading activity. What Makes Robinhood Markets an Attractive Bet

Insiders Place Their Bets

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $90.42, for a total transaction of $904,200.00. Following the completion of the sale, the insider owned 461,396 shares in the company, valued at $41,719,426.32. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $116.17, for a total value of $43,563,750.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at $43,563,750. This trade represents a 50.00% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 591,867 shares of company stock worth $64,907,806. 13.48% of the stock is currently owned by company insiders.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $106.99 on Thursday. The firm has a market capitalization of $96.19 billion, a PE ratio of 47.13, a price-to-earnings-growth ratio of 2.13 and a beta of 2.34. The business’s fifty day moving average price is $101.64 and its 200 day moving average price is $87.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. Robinhood Markets, Inc. has a 12 month low of $63.51 and a 12 month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.18. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.Robinhood Markets’s quarterly revenue was up 32.5% on a year-over-year basis. During the same period last year, the firm earned $0.42 earnings per share. On average, sell-side analysts anticipate that Robinhood Markets, Inc. will post 2.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on HOOD shares. BTIG Research restated a “buy” rating and set a $125.00 price target on shares of Robinhood Markets in a report on Thursday, July 30th. Cantor Fitzgerald decreased their price objective on Robinhood Markets from $130.00 to $115.00 and set an “overweight” rating for the company in a research note on Monday, August 3rd. Wall Street Zen raised Robinhood Markets from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 12th. Scotiabank initiated coverage on shares of Robinhood Markets in a research note on Wednesday. They set a “sector outperform” rating and a $136.00 target price on the stock. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $145.00 target price (up from $135.00) on shares of Robinhood Markets in a report on Wednesday. Twenty-three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $122.67.

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.