Clare Market Investments LLC Invests $2.75 Million in Robinhood Markets, Inc. $HOOD

Clare Market Investments LLC purchased a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 39,739 shares of the company’s stock, valued at approximately $2,754,000.

A number of other institutional investors have also recently made changes to their positions in HOOD. Vanguard Group Inc. boosted its holdings in Robinhood Markets by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock worth $10,831,756,000 after purchasing an additional 1,334,443 shares during the last quarter. State Street Corp lifted its stake in shares of Robinhood Markets by 2.7% in the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock worth $3,746,036,000 after purchasing an additional 875,297 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Robinhood Markets by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock worth $2,386,944,000 after buying an additional 356,902 shares during the last quarter. Morgan Stanley grew its position in Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after buying an additional 2,061,832 shares during the period. Finally, Norges Bank purchased a new position in shares of Robinhood Markets during the 4th quarter worth $1,202,160,000. 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: Robinhood shares rose after consumer confidence improved in June, which can support trading activity and retail investing demand. Why Robinhood (HOOD) Stock Is Up Today
• Positive Sentiment: The company is drawing attention for new growth initiatives, including agentic AI trading, stock tokenization, DeFi lending, perpetual futures, and international expansion in the UK and Europe, which investors may see as long-term revenue drivers. HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
• Positive Sentiment: Analysts and market commentary are highlighting Robinhood as a stock with strong fundamentals and upside potential as capital rotates out of crowded AI trades. AI Is Selling Off, But These 5 Stocks Could Benefit Next (HOOD)
• Neutral Sentiment: Robinhood’s CEO has been promoting the new Trump Accounts program and said the company will generate revenue from it, but the immediate stock impact is still unclear. Robinhood CEO on Trump Accounts: We do generate revenue from this
• Neutral Sentiment: Upcoming Q2 earnings remain a focal point, with investors watching whether business momentum from banking, prediction markets, and crypto products can outpace estimates. Robinhood Markets’ Q2 2026 Earnings: What to Expect

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HOOD shares. Loop Capital set a $110.00 price objective on Robinhood Markets in a research note on Wednesday, June 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $110.00 price objective on shares of Robinhood Markets in a research report on Tuesday, June 9th. Citigroup reissued a “market outperform” rating on shares of Robinhood Markets in a report on Thursday, May 28th. Mizuho lifted their target price on shares of Robinhood Markets from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Finally, KeyCorp reiterated an “overweight” rating and set a $100.00 price objective on shares of Robinhood Markets in a research report on Monday, June 1st. Twenty research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $115.00.

Insiders Place Their Bets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total value of $836,800.00. Following the sale, the insider directly owned 481,396 shares in the company, valued at approximately $40,283,217.28. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 10,837 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total value of $931,006.67. Following the sale, the insider directly owned 81,989 shares of the company’s stock, valued at $7,043,674.99. This represents a 11.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders bought 680,000 shares of company stock worth $55,306,560 and sold 242,649 shares worth $20,250,598. 19.95% of the stock is currently owned by insiders.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $117.00 on Tuesday. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86. The firm has a market capitalization of $105.36 billion, a PE ratio of 56.73, a PEG ratio of 2.53 and a beta of 2.33. The stock’s fifty day moving average is $88.38 and its 200 day moving average is $89.42.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the prior year, the firm posted $0.37 earnings per share. Robinhood Markets’s revenue for the quarter was up 15.1% on a year-over-year basis. Equities analysts forecast that Robinhood Markets, Inc. will post 1.81 EPS for the current year.

About Robinhood Markets

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.