Robinhood Markets, Inc. $HOOD Stock: Steadview Capital Management LLC Increases Stake

Steadview Capital Management LLC increased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 11.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 616,115 shares of the company’s stock after buying an additional 64,620 shares during the quarter. Robinhood Markets accounts for 23.8% of Steadview Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding. Steadview Capital Management LLC’s holdings in Robinhood Markets were worth $69,313,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. lifted its stake in Robinhood Markets by 10.2% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,812,999 shares of the company’s stock valued at $472,141,000 after acquiring an additional 632,403 shares in the last quarter. Amundi boosted its holdings in Robinhood Markets by 89.0% during the 1st quarter. Amundi now owns 6,385,232 shares of the company’s stock worth $442,497,000 after acquiring an additional 3,007,103 shares during the last quarter. Amova Asset Management Americas Inc. grew its stake in shares of Robinhood Markets by 15.0% in the 1st quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock worth $362,925,000 after acquiring an additional 685,041 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Robinhood Markets by 48.6% in the 1st quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock worth $353,717,000 after acquiring an additional 1,668,400 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Robinhood Markets in the 2nd quarter worth $379,695,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Robinhood Markets

In related news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the sale, the chief executive officer owned 375,000 shares of the company’s stock, valued at approximately $42,645,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Oluwadara Treseder sold 1,875 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $234,375.00. Following the completion of the sale, the director directly owned 70,567 shares in the company, valued at approximately $8,820,875. The trade was a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,091,347 shares of company stock worth $128,447,880 in the last three months. 13.48% of the stock is currently owned by corporate insiders.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $84.99 on Friday. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $150.47. The business has a fifty day simple moving average of $108.49 and a two-hundred day simple moving average of $93.04. The company has a market capitalization of $76.41 billion, a P/E ratio of 39.17, a P/E/G ratio of 1.95 and a beta of 2.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.24 and a quick ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.44 billion. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. The company’s revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share. On average, analysts expect that Robinhood Markets, Inc. will post 2.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Benchmark upgraded shares of Robinhood Markets to a “strong-buy” rating in a report on Wednesday, September 9th. Barclays cut their price target on shares of Robinhood Markets from $132.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday. Bank of America boosted their price target on shares of Robinhood Markets from $140.00 to $156.00 and gave the stock a “buy” rating in a report on Monday, October 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Robinhood Markets in a research report on Wednesday. Finally, Evercore began coverage on shares of Robinhood Markets in a research note on Monday, October 12th. They issued an “outperform” rating and a $130.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $127.39.

Robinhood Markets News Roundup

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

About Robinhood Markets

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.