Franklin Resources Inc. Purchases 886,640 Shares of Robinhood Markets, Inc. $HOOD

Franklin Resources Inc. raised its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 61.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,320,372 shares of the company’s stock after purchasing an additional 886,640 shares during the period. Franklin Resources Inc. owned 0.26% of Robinhood Markets worth $332,231,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of HOOD. North Star Investment Management Corp. grew its position in shares of Robinhood Markets by 44.9% during the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after buying an additional 79 shares during the period. First Command Advisory Services Inc. lifted its holdings in Robinhood Markets by 33.8% in the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after buying an additional 81 shares during the period. CogentBlue Wealth Advisors LLC boosted its stake in Robinhood Markets by 3.8% in the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock valued at $342,000 after acquiring an additional 87 shares during the last quarter. ORG Partners LLC boosted its stake in Robinhood Markets by 5.5% in the third quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after acquiring an additional 97 shares during the last quarter. Finally, Golden State Wealth Management LLC grew its holdings in Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares during the period. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Up 0.2%

Shares of NASDAQ HOOD opened at $78.69 on Thursday. The company’s fifty day moving average is $92.91 and its 200-day moving average is $114.26. The stock has a market cap of $70.85 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 1.77 and a beta of 2.47. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm’s quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 EPS. On average, research analysts anticipate that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

HOOD has been the subject of several recent research reports. Needham & Company LLC dropped their target price on shares of Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Argus began coverage on Robinhood Markets in a research note on Friday, January 9th. They set a “buy” rating and a $145.00 price objective for the company. Citizens Jmp reiterated a “market outperform” rating and issued a $180.00 price objective on shares of Robinhood Markets in a report on Wednesday, February 11th. The Goldman Sachs Group cut their target price on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, Truist Financial reduced their target price on Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $121.73.

More Robinhood Markets News

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

• Positive Sentiment: Banking unit momentum — Robinhood’s banking arm surpassed $1 billion in customer deposits and 65k customers, strengthening core funding, deposit income potential and cross‑sell opportunities. Robinhood banking unit crosses $1 bln in deposits, 65k customers, CEO Tenev says
• Positive Sentiment: Lower short interest — February short interest fell ~12.8% to ~30.13M shares (about 4.2% of shares), cutting a common near‑term selling pressure vector and reducing days‑to‑cover to ~1.2. (Data release)
• Positive Sentiment: Product & revenue diversification — Robinhood is expanding beyond trading (venture fund, premium Platinum card) and scaling prediction‑market products that management says are already meaningful, which supports revenue multiple expansion if adoption continues. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: Prediction‑market sales traction — coverage notes prediction markets are already annualizing at material levels (reported ~$435M annualized in recent commentary), giving a new high‑growth revenue stream inside an already profitable platform.
• Neutral Sentiment: Analyst backdrop & technicals — some analysts see >50% upside to ~ $120 consensus targets and the stock is described as consolidating after a large 2026 drawdown; this sets a narrative of upside if execution holds. Robinhood Markets, Inc. (HOOD) Aims to Become a “Financial Super App” with 20%+ Growth
• Neutral Sentiment: Industry attention & framing — multiple market pieces are positioning Robinhood as part of broader themes (AI, prediction markets, “super app”), which can attract long‑only thematic flows but also increase scrutiny. (Investor press coverage)
• Negative Sentiment: Regulatory/legal risk on prediction markets — CEO commentary about turning Robinhood into a prediction‑markets “super app” has reignited debate over whether prediction contracts cross into gambling; former public officials have warned of state‑level legal challenges, which could slow rollouts or increase compliance costs. Robinhood’s CEO Has A ‘Super App’ Vision For Prediction Markets

Insiders Place Their Bets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 directly owned 27,564 shares in the company, valued at approximately $2,420,394.84. This represents a 65.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 475,132 shares of company stock valued at $55,127,149 in the last three months. Insiders own 14.47% 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.