Envestnet Asset Management Inc. Decreases Holdings in Robinhood Markets, Inc. $HOOD

Envestnet Asset Management Inc. reduced its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 18.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 651,883 shares of the company’s stock after selling 144,228 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Robinhood Markets were worth $93,337,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Valley National Advisers Inc. grew its position in shares of Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Golden State Wealth Management LLC lifted its stake in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Robinhood Markets during the third quarter valued at $29,000. Guerra Advisors Inc purchased a new stake in Robinhood Markets in the third quarter worth $30,000. Finally, Chung Wu Investment Group LLC bought a new stake in shares of Robinhood Markets in the third quarter valued at $34,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: Broad market rally helped lift HOOD intraday as Nvidia-led strength boosted risk assets and magnitude of gains for many fintech names. Stock market today: Dow soars 800 points as Nvidia jumps 7%; Robinhood surges (live coverage)
• Positive Sentiment: Analyst upgrade (Seeking Alpha piece) rates HOOD a buy ahead of Q4, citing valuation pullback and diversification into subscriptions, net interest and new products—this narrative supports upside if earnings beat. Robinhood: A Buy Ahead Q4 Earnings (Rating Upgrade)
• Positive Sentiment: Previews from Zacks and others highlight solid equity and options trading that could buoy Q4 results even as crypto lags—this revenue mix reduces single-asset sensitivity and underpins near-term earnings upside. Solid Equity, Options Trading to Aid HOOD Q4 Earnings Amid Crypto Slump
• Positive Sentiment: Stories flag potential new revenue catalysts—possible role on a SpaceX IPO and the opportunity to re-engage high-profile account flows—which could lift deposits/trading activity if realized. Robinhood’s Potential SpaceX IPO Role And Trump Accounts Opportunity
• Neutral Sentiment: Truist lowered its price target to $130 (from $155) but maintained a Buy rating—reduces upside relative to prior targets while still signaling analyst confidence; useful context for target-driven positioning. Analyst price-target note (Benzinga/TickerReport)
• Neutral Sentiment: Analyst-modeling previews (Zacks and others) lay out key metrics—user activity, BTC volumes, net interest and subscriptions—to watch in the Q4 print; these items will determine how much the crypto move affects the actual earnings reaction. What Analyst Projections for Key Metrics Reveal About Robinhood Markets (HOOD) Q4 Earnings
• Negative Sentiment: Falling cryptocurrency prices and weaker prediction-market activity are immediate headwinds for crypto revenue and trading volumes—this is cited as a key reason for recent downward pressure on HOOD. Falling Cryptocurrency Prices and Concerns Surrounding Lower Prediction Market Activity Weighs on Robinhood Markets (HOOD)
• Negative Sentiment: Broad crypto selloff knocked down crypto-exposed fintech peers; Robinhood shares moved lower alongside Coinbase and Circle during the Bitcoin crash—illustrates vulnerability to sharp crypto moves. Robinhood, Coinbase, Circle shares slide after Bitcoin crash
• Negative Sentiment: Recent insider selling (Steven Quirk, Daniel M. Gallagher Jr.) disclosed in Form 4 filings—large reductions in holdings can be perceived negatively by the market. Robinhood Markets (NASDAQ:HOOD) Insider Daniel Martin Gallagher, Jr. Sells 10,000 Shares
• Negative Sentiment: Options-focused commentary highlighted an extended pre-earnings pullback (multi-day losing streak), raising short-term downside risk into the report if results disappoint. Robinhood Stock Eyes 8th Consecutive Loss Before Earnings

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HOOD. Argus began coverage on Robinhood Markets in a research note on Friday, January 9th. They set a “buy” rating and a $145.00 price target for the company. KeyCorp lifted their target price on shares of Robinhood Markets from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Keefe, Bruyette & Woods boosted their price target on shares of Robinhood Markets from $121.00 to $135.00 and gave the company a “market perform” rating in a research report on Thursday, November 6th. Morgan Stanley raised their price objective on shares of Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a report on Monday, December 22nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Robinhood Markets in a research note on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus price target of $135.43.

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 dated 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 sale, the insider owned 27,564 shares of the company’s stock, valued at $2,420,394.84. This trade represents a 65.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.63, for a total value of $45,611,250.00. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,537,615 shares of company stock worth $182,272,702. 14.47% of the stock is currently owned by corporate insiders.

Robinhood Markets Trading Up 14.0%

Robinhood Markets stock opened at $82.82 on Friday. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86. The firm has a market capitalization of $74.47 billion, a PE ratio of 34.37, a price-to-earnings-growth ratio of 1.29 and a beta of 2.43. The firm’s 50 day simple moving average is $113.99 and its 200 day simple moving average is $119.09.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.41 by $0.20. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The business’s quarterly revenue was up 100.0% compared to the same quarter last year. During the same period last year, the firm earned $0.17 EPS. Research analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

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.