Stephens Investment Management Group LLC Has $18.81 Million Stake in Robinhood Markets, Inc. $HOOD

Stephens Investment Management Group LLC decreased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 166,295 shares of the company’s stock after selling 24,040 shares during the period. Stephens Investment Management Group LLC’s holdings in Robinhood Markets were worth $18,808,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in HOOD. Caisse Des Depots ET Consignations purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at $3,984,000. Aberdeen Group plc lifted its position in shares of Robinhood Markets by 565.1% during the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock valued at $26,565,000 after buying an additional 157,643 shares during the last quarter. Jennison Associates LLC purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at $322,823,000. NEOS Investment Management LLC purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at $11,994,000. Finally, New York Life Investment Management LLC purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at $14,989,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on HOOD. New Street Research set a $122.00 price target on Robinhood Markets in a research report on Thursday, March 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. KeyCorp dropped their price objective on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Zacks Research cut Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Finally, Needham & Company LLC dropped their price objective on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Robinhood Markets currently has an average rating of “Moderate Buy” and a consensus price target of $107.88.

Robinhood Markets Price Performance

Shares of NASDAQ HOOD opened at $77.14 on Monday. The firm has a market capitalization of $69.46 billion, a P/E ratio of 37.27, a P/E/G ratio of 2.52 and a beta of 2.29. The stock’s 50-day simple moving average is $76.46 and its two-hundred day simple moving average is $98.56. Robinhood Markets, Inc. has a twelve month low of $59.68 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced 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). The business had revenue of $1.07 billion during 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%.Robinhood Markets’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.37 earnings per share. As a group, research analysts anticipate that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: April 2026 trading data showed higher equity and options activity, while platform assets jumped 49% year over year to $345.4 billion, signaling continued user engagement and growth for Robinhood. Article Title
• Positive Sentiment: The Senate Banking Committee advanced the Digital Asset Clarity Act, which could reduce regulatory uncertainty around crypto trading and is viewed as a constructive development for Robinhood’s crypto business. Article Title
• Positive Sentiment: Tiger Global Management disclosed a new first-quarter position in Robinhood in its latest 13-F filing, which may be seen as a vote of confidence from a major hedge fund. Article Title
• Neutral Sentiment: Robinhood’s exchange Rothera self-certified its first prediction market contracts, adding another product area that could broaden the platform over time. Article Title
• Negative Sentiment: Crypto-related stocks, including Robinhood, lost momentum as the initial rally tied to crypto legislation faded and investors refocused on broader market and digital asset risks. Article Title

Insiders Place Their Bets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $76.89, for a total value of $768,900.00. Following the transaction, the insider directly owned 432,849 shares in the company, valued at $33,281,759.61. This represents a 2.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,261 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $86.38, for a total value of $4,946,205.18. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 487,907 shares of company stock worth $35,444,040. 14.47% of the stock is owned by corporate insiders.

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.