Robinhood Markets, Inc. $HOOD Shares Sold by Artemis Investment Management LLP

Artemis Investment Management LLP trimmed its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 52.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,047 shares of the company’s stock after selling 70,653 shares during the period. Artemis Investment Management LLP’s holdings in Robinhood Markets were worth $7,244,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of HOOD. Sound Income Strategies LLC lifted its stake in shares of Robinhood Markets by 152.6% in the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares during the period. Golden State Wealth Management LLC grew its position in shares of Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 99 shares during the period. Godsey & Gibb Inc. acquired a new position in Robinhood Markets in the 4th quarter worth about $28,000. Cornerstone Planning Group LLC boosted its position in Robinhood Markets by 90.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock worth $28,000 after purchasing an additional 127 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Robinhood Markets in the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Up 1.1%

HOOD opened at $73.66 on Friday. Robinhood Markets, Inc. has a 52 week low of $45.56 and a 52 week high of $153.86. The business has a fifty day simple moving average of $76.22 and a 200-day simple moving average of $102.36. The firm has a market cap of $66.32 billion, a P/E ratio of 35.58, a P/E/G ratio of 2.21 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data 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). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the firm posted $0.37 EPS. Robinhood Markets’s quarterly revenue was up 15.1% compared to the same quarter last year. Sell-side analysts expect that Robinhood Markets, Inc. will post 1.9 earnings per share for the current year.

Trending Headlines about 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

Wall Street Analyst Weigh In

Several research firms have issued reports on HOOD. Loop Capital set a $130.00 price objective on shares of Robinhood Markets in a report on Monday, February 9th. Jefferies Financial Group decreased their price objective on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a report on Monday, April 6th. The Goldman Sachs Group lowered their price target on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Truist Financial dropped their price target on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Finally, Wall Street Zen lowered Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Eighteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets currently has an average rating of “Moderate Buy” and a consensus target price of $107.88.

Insider Buying and Selling at Robinhood Markets

In related news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of Robinhood Markets stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $83.92, for a total value of $489,673.20. Following the completion of the transaction, the chief technology officer owned 12,171 shares in the company, valued at approximately $1,021,390.32. The trade was a 32.41% decrease in their ownership of the stock. 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, insider Steven M. Quirk sold 8,540 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total transaction of $725,302.20. Following the sale, the insider owned 53,183 shares in the company, valued at approximately $4,516,832.19. This trade represents a 13.84% 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 three months, insiders have sold 540,447 shares of company stock valued at $40,159,378. Corporate insiders own 14.47% of the company’s stock.

Robinhood Markets Company 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.