M&T Bank Corp Buys 9,618 Shares of Robinhood Markets, Inc. $HOOD

M&T Bank Corp increased its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 21.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 55,026 shares of the company’s stock after acquiring an additional 9,618 shares during the quarter. M&T Bank Corp’s holdings in Robinhood Markets were worth $6,224,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of HOOD. Sound Income Strategies LLC grew its stake in shares of Robinhood Markets by 152.6% during the fourth 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 last quarter. Golden State Wealth Management LLC grew its stake in shares of Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Godsey & Gibb Inc. bought a new stake in shares of Robinhood Markets during the fourth quarter valued at approximately $28,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Robinhood Markets during the third quarter valued at approximately $29,000. Finally, Vision Financial Markets LLC grew its stake in shares of Robinhood Markets by 100.0% during the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the last quarter. 93.27% of the stock is owned by institutional investors.

Insider Buying and Selling at Robinhood Markets

In related news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $83.92, for a total transaction of $489,673.20. Following the sale, the chief technology officer directly owned 12,171 shares in the company, valued at $1,021,390.32. This trade represents a 32.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 firm’s stock in a transaction 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. The trade was a 13.84% 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. Insiders sold a total of 477,907 shares of company stock valued at $34,675,140 over the last quarter. 19.95% of the stock is currently owned by corporate insiders.

Robinhood Markets Stock Up 0.6%

Shares of NASDAQ HOOD opened at $77.03 on Wednesday. The company’s fifty day moving average is $76.24 and its 200-day moving average is $101.73. The stock has a market cap of $69.35 billion, a price-to-earnings ratio of 37.21, a P/E/G ratio of 2.50 and a beta of 2.29. Robinhood Markets, Inc. has a twelve month low of $45.82 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly 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 firm 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 company’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 earnings per share. On average, research analysts anticipate that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.

Robinhood Markets News Summary

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

• Positive Sentiment: CEO emphasizes prediction markets as a major new growth engine — Tenev outlined an ambitious vision on the Q1 call and in media interviews, framing prediction markets as a fast-growing, higher-margin business that could diversify revenue away from crypto volatility. Robinhood CEO issues bold outlook on prediction markets business
• Positive Sentiment: Subscription momentum: Robinhood Gold hit a record 4.3M subscribers — growing subscription revenue helps offset swings in transaction and crypto income and supports a higher recurring revenue mix. Robinhood Gold Hits Record Subscribers: Is the Bet Starting to Pay Off?
• Positive Sentiment: Management defending new initiatives — Tenev publicly defended the “Trump Accounts” partnership and emphasized human-driven customer support, positioning the program as a distinct revenue opportunity and reducing some execution risk concerns. Robinhood CEO Defends the Math Behind ‘Trump Accounts’ Partnership
• Neutral Sentiment: CEO comments on market structure and retail investing have kept headlines active — ongoing media appearances (WSJ, CNBC, Bloomberg) maintain investor visibility but are mixed in direct near-term impact. ‘You Can’t Have a Functional Market Without Speculators,’ Robinhood CEO Says
• Neutral Sentiment: Industry moves (e.g., Coinbase’s tokenized credit fund) highlight competition and expanding crypto/DeFi product sets — relevant for sector positioning but not an immediate company-specific catalyst. Coinbase Bets on On-Chain Credit With New Tokenized Fund
• Negative Sentiment: Weak Q1 and crypto slump weighed on results — HOOD reported a revenue and EPS miss, with crypto-related revenue plunging and the stock earlier reacting sharply to the guidance and trading mix. That underpins investor concern about near-term top-line volatility. ETFs to Watch as HOOD Lags Q1 Earnings Amid Crypto Trading Slump
• Negative Sentiment: Analysts and commentary question crypto dependence — Several articles flag that crypto revenue volatility (reported steep declines) remains the primary risk to consistent growth until new businesses scale. Is Robinhood’s Business Too Dependent on Crypto?

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HOOD. The Goldman Sachs Group reduced their price objective on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a research note on Thursday, March 26th. Morgan Stanley reduced their price objective on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, April 10th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $155.00 price objective on shares of Robinhood Markets in a research note on Wednesday, April 29th. Needham & Company LLC reduced their price objective on shares of Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Truist Financial reduced their price objective on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $107.88.

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.