Robeco Institutional Asset Management B.V. Sells 526,180 Shares of Robinhood Markets, Inc. $HOOD

Robeco Institutional Asset Management B.V. trimmed its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 83.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 105,035 shares of the company’s stock after selling 526,180 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Robinhood Markets were worth $11,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Petredis Investment Advisors LLC purchased a new position in shares of Robinhood Markets in the 3rd quarter valued at approximately $209,000. MBM Wealth Consultants LLC boosted its position in shares of Robinhood Markets by 11.4% during the third quarter. MBM Wealth Consultants LLC now owns 6,821 shares of the company’s stock valued at $767,000 after purchasing an additional 700 shares in the last quarter. 55 North Private Wealth LLC bought a new stake in shares of Robinhood Markets during the third quarter valued at approximately $227,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Robinhood Markets by 1.2% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 113,364 shares of the company’s stock worth $12,753,000 after purchasing an additional 1,381 shares during the period. Finally, Richards Merrill & Peterson Inc. purchased a new stake in Robinhood Markets in the third quarter worth $213,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Key Robinhood Markets News

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

• Positive Sentiment: Analyst support: Rosenblatt Securities initiated coverage with a Buy rating and a $135 price target, while other analysts have raised price targets or upgraded the shares. The bullish views reflect confidence in Robinhood’s growth prospects and diversified business model. Rosenblatt initiates coverage
• Positive Sentiment: Dubai expansion: Robinhood received authorization to offer stock and cryptocurrency trading in Dubai and plans a Middle Eastern launch in 2027. The move could expand its addressable market and add a new international growth channel. Robinhood Dubai license
• Positive Sentiment: Broader product ecosystem: Robinhood is expanding beyond traditional brokerage through prediction markets, cryptocurrency perpetual futures, tokenized assets and its advisor-services platform. Reported increases in bitcoin, gold and other prediction-market activity could support transaction revenue and customer engagement. Robinhood prediction markets
• Positive Sentiment: Robinhood stock tokens becoming eligible as collateral on Morpho could improve the utility of tokenized securities and strengthen the company’s blockchain strategy. Robinhood stock tokens on Morpho
• Neutral Sentiment: Investors are focused on Robinhood’s third-quarter results, scheduled for October 27. Forecasts emphasize trading activity, net deposits, recurring revenue and crypto volumes as key indicators of whether the company’s multiproduct strategy is translating into sustained earnings growth. Robinhood earnings preview
• Negative Sentiment: Crypto-revenue risk: Robinhood’s crypto revenue reportedly fell 38% year over year to $100 million in the second quarter, marking a third consecutive quarterly decline. A potential rebound in late-quarter activity may not fully offset the weakness. Robinhood crypto revenue
• Negative Sentiment: Director Baiju Bhatt sold 50,912 shares worth approximately $5.16 million under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance, it is not necessarily a signal of deteriorating fundamentals, but it can weigh on sentiment.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HOOD. Loop Capital set a $135.00 price objective on Robinhood Markets in a report on Tuesday, September 29th. BTIG Research boosted their target price on shares of Robinhood Markets from $125.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, September 29th. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a report on Monday, September 21st. Zacks Research raised shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Robinhood Markets from $138.00 to $134.00 and set a “buy” rating for the company in a research note on Tuesday, September 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and an average target price of $130.29.

Insider Activity

In related news, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.72, for a total value of $42,645,000.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at $42,645,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the completion of the transaction, the insider owned 499,943 shares in the company, valued at approximately $56,848,518.53. The trade was a 1.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is currently owned by insiders.

Robinhood Markets Stock Performance

Robinhood Markets stock opened at $95.07 on Friday. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $150.47. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $85.48 billion, a P/E ratio of 41.88, a PEG ratio of 1.92 and a beta of 2.35. The stock’s 50 day moving average is $109.40 and its 200 day moving average is $97.21.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business earned $0.42 earnings per share. The firm’s quarterly revenue was up 32.5% compared to the same quarter last year. On average, equities research analysts predict that Robinhood Markets, Inc. will post 2.19 earnings per share for the current fiscal year.

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.