Stevens Capital Management LP Sells 281,109 Shares of Robinhood Markets, Inc. $HOOD

Stevens Capital Management LP lowered its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 97.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 6,700 shares of the company’s stock after selling 281,109 shares during the period. Stevens Capital Management LP’s holdings in Robinhood Markets were worth $758,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after buying an additional 18,824,923 shares during the last quarter. State Street Corp raised its position in Robinhood Markets by 103.2% in the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after buying an additional 16,375,734 shares during the last quarter. Jennison Associates LLC bought a new position in Robinhood Markets during the 3rd quarter valued at $322,823,000. Northern Trust Corp boosted its holdings in Robinhood Markets by 48.5% during the 3rd quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock worth $881,608,000 after acquiring an additional 2,011,820 shares during the last quarter. Finally, Clear Street Group Inc. purchased a new position in Robinhood Markets during the 3rd quarter worth $241,200,000. 93.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. New Street Research set a $122.00 target price on shares of Robinhood Markets in a report on Thursday, March 5th. Sanford C. Bernstein restated an “outperform” rating and set a $130.00 price target on shares of Robinhood Markets in a report on Tuesday, April 14th. Keefe, Bruyette & Woods reduced their price objective on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research report on Wednesday, April 29th. Barclays decreased their price objective on shares of Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Compass Point restated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets has a consensus rating of “Moderate Buy” and an average price target of $107.88.

Insiders Place Their Bets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $69.83, for a total transaction of $26,186,250.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at approximately $26,186,250. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 8,540 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total value of $725,302.20. Following the completion of the sale, the insider directly owned 53,183 shares of the company’s stock, valued at $4,516,832.19. This represents a 13.84% 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 477,907 shares of company stock valued at $34,675,140 in the last quarter. 19.95% of the stock is currently owned by company insiders.

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $77.03 on Wednesday. The firm has a market cap of $69.35 billion, a price-to-earnings ratio of 37.21, a P/E/G ratio of 2.50 and a beta of 2.29. Robinhood Markets, Inc. has a 52 week low of $45.82 and a 52 week high of $153.86. The firm’s 50-day simple moving average is $76.24 and its two-hundred day simple moving average is $101.73.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the company earned $0.37 earnings per share. The firm’s revenue was up 15.1% on a year-over-year basis. Analysts forecast that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: CEO emphasizes prediction markets as a major new growth engine — Tenev outlined an ambitious vision on the Q1 call and in media interviews, framing prediction markets as a fast-growing, higher-margin business that could diversify revenue away from crypto volatility. Robinhood CEO issues bold outlook on prediction markets business
• Positive Sentiment: Subscription momentum: Robinhood Gold hit a record 4.3M subscribers — growing subscription revenue helps offset swings in transaction and crypto income and supports a higher recurring revenue mix. Robinhood Gold Hits Record Subscribers: Is the Bet Starting to Pay Off?
• Positive Sentiment: Management defending new initiatives — Tenev publicly defended the “Trump Accounts” partnership and emphasized human-driven customer support, positioning the program as a distinct revenue opportunity and reducing some execution risk concerns. Robinhood CEO Defends the Math Behind ‘Trump Accounts’ Partnership
• Neutral Sentiment: CEO comments on market structure and retail investing have kept headlines active — ongoing media appearances (WSJ, CNBC, Bloomberg) maintain investor visibility but are mixed in direct near-term impact. ‘You Can’t Have a Functional Market Without Speculators,’ Robinhood CEO Says
• Neutral Sentiment: Industry moves (e.g., Coinbase’s tokenized credit fund) highlight competition and expanding crypto/DeFi product sets — relevant for sector positioning but not an immediate company-specific catalyst. Coinbase Bets on On-Chain Credit With New Tokenized Fund
• Negative Sentiment: Weak Q1 and crypto slump weighed on results — HOOD reported a revenue and EPS miss, with crypto-related revenue plunging and the stock earlier reacting sharply to the guidance and trading mix. That underpins investor concern about near-term top-line volatility. ETFs to Watch as HOOD Lags Q1 Earnings Amid Crypto Trading Slump
• Negative Sentiment: Analysts and commentary question crypto dependence — Several articles flag that crypto revenue volatility (reported steep declines) remains the primary risk to consistent growth until new businesses scale. Is Robinhood’s Business Too Dependent on Crypto?

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.