Horizon Investments LLC Has $4 Million Position in Robinhood Markets, Inc. $HOOD

Horizon Investments LLC increased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 132.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 35,325 shares of the company’s stock after buying an additional 20,101 shares during the quarter. Horizon Investments LLC’s holdings in Robinhood Markets were worth $3,995,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HOOD. Vanguard Group Inc. grew its position in Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after buying an additional 18,824,923 shares in the last quarter. State Street Corp grew its position in Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after buying an additional 16,375,734 shares in the last quarter. Jennison Associates LLC acquired a new stake in Robinhood Markets during the third quarter worth approximately $322,823,000. Northern Trust Corp grew its position in Robinhood Markets by 48.5% during the third quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock worth $881,608,000 after buying an additional 2,011,820 shares in the last quarter. Finally, Clear Street Group Inc. acquired a new stake in Robinhood Markets during the third quarter worth approximately $241,200,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Analysts Set New Price Targets

HOOD has been the topic of a number of analyst reports. Mizuho increased their price target on Robinhood Markets from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. Loop Capital set a $130.00 target price on Robinhood Markets in a report on Monday, February 9th. Zacks Research downgraded Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Needham & Company LLC reduced their target price on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, KeyCorp reduced their target price on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Robinhood Markets currently has an average rating of “Moderate Buy” and a consensus price target of $107.88.

Robinhood Markets Stock Performance

Shares of HOOD opened at $73.66 on Monday. Robinhood Markets, Inc. has a 52 week low of $45.56 and a 52 week high of $153.86. The stock has a market capitalization of $66.32 billion, a price-to-earnings ratio of 35.58, a PEG ratio of 2.36 and a beta of 2.29. The stock has a fifty day moving average of $76.22 and a 200-day moving average of $102.13.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.37 earnings per share. As a group, equities analysts forecast that Robinhood Markets, Inc. will post 1.9 EPS for the current year.

Insider Activity

In other Robinhood Markets news, Director Baiju Bhatt sold 57,261 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $86.38, for a total transaction of $4,946,205.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 5,436 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $85.86, for a total value of $466,734.96. Following the completion of the sale, the chief financial officer owned 52,747 shares of the company’s stock, valued at approximately $4,528,857.42. This represents a 9.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 540,447 shares of company stock worth $40,159,378. 19.95% of the stock is owned by insiders.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Core user and deposit trends look healthy: funded customers, net deposits and record Robinhood Gold subscriptions grew in Q1 and prediction-market activity contributed fee revenue, supporting a longer-term recurring?revenue story. Q1 Earnings Call Summary
• Positive Sentiment: Prediction markets momentum: management said prediction-market fees overtook crypto in the quarter, which can diversify revenue away from volatile crypto swings. Earnings Video
• Positive Sentiment: International expansion progress — in?principle regulatory approval in Singapore supports TAM expansion outside the U.S. if it converts to live revenues. Singapore Article
• Neutral Sentiment: Executive insider selling was disclosed (CTO sold shares under a pre?arranged 10b5?1 plan); procedural but watched by investors. SEC Form 4
• Neutral Sentiment: Some brokers still bullish even as targets shift — Cantor Fitzgerald reaffirmed an Overweight rating while Argus trimmed its price target but kept a Buy, leaving the sell?side split on near?term valuation. Cantor Fitzgerald Article Argus/Ticker Report
• Negative Sentiment: Q1 misses: revenue (~$1.07B) and EPS (reported $0.38) came in below consensus, triggering a sharp share pullback as investors re?price near?term growth and margin assumptions. Earnings Call Summary
• Negative Sentiment: Crypto revenue plunge was the primary driver of the top?line shortfall, highlighting ongoing sensitivity to crypto market volatility. Investopedia Crypto Article
• Negative Sentiment: Higher operating expenses and a disclosed ~18% expense increase (including a ~$100M initiative) could pressure near?term margins even as the company invests in growth. Yahoo Finance: Expenses
• Negative Sentiment: Growing analyst pessimism and target cuts (Barclays, Needham and others lowering targets or tone) amplify downside risk until revenue mix and margin trends stabilize. Barclays Reset Needham Note
• Negative Sentiment: New report flags a government-related deal that has turned sour, which could dent expected revenue or partnerships if material. AOL Article

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.