DNB Asset Management AS Has $16.30 Million Stock Position in Robinhood Markets, Inc. $HOOD

DNB Asset Management AS decreased its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 44.7% in the fourth quarter, HoldingsChannel reports. The firm owned 144,143 shares of the company’s stock after selling 116,456 shares during the period. DNB Asset Management AS’s holdings in Robinhood Markets were worth $16,303,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HOOD. Sound Income Strategies LLC boosted its position 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 lifted its stake in Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares in the last quarter. Godsey & Gibb Inc. purchased a new stake in Robinhood Markets in the 4th quarter worth about $28,000. Cornerstone Planning Group LLC lifted its stake in Robinhood Markets by 90.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock worth $28,000 after acquiring an additional 127 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Robinhood Markets in the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HOOD. Morgan Stanley reduced their price objective on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, April 10th. Cantor Fitzgerald reissued an “overweight” rating and issued a $110.00 price objective on shares of Robinhood Markets in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price objective on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Zacks Research downgraded Robinhood Markets from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $107.88.

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

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $77.14 on Friday. The stock’s 50 day simple moving average is $76.46 and its 200 day simple moving average is $98.89. Robinhood Markets, Inc. has a twelve month low of $59.68 and a twelve month high of $153.86. The company has a market capitalization of $69.47 billion, a price-to-earnings ratio of 37.27, a PEG ratio of 2.52 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data 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). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the business posted $0.37 earnings per share. The firm’s revenue was up 15.1% on a year-over-year basis. On average, analysts forecast that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, CFO Shiv Verma sold 5,436 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $85.86, for a total value of $466,734.96. Following the sale, the chief financial officer owned 52,747 shares of the company’s stock, valued at $4,528,857.42. This trade represents a 9.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 57,261 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $86.38, for a total value of $4,946,205.18. 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. Over the last three months, insiders have sold 487,907 shares of company stock worth $35,444,040. Insiders own 14.47% of the company’s stock.

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.