Faithward Advisors LLC Purchases Shares of 21,582 Robinhood Markets, Inc. $HOOD

Faithward Advisors LLC purchased a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 21,582 shares of the company’s stock, valued at approximately $2,441,000.

Several other institutional investors have also added to or reduced their stakes in the company. Evolution Wealth Advisors LLC boosted its position in Robinhood Markets by 5.2% during the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock valued at $217,000 after buying an additional 95 shares during the period. CogentBlue Wealth Advisors LLC boosted its position in Robinhood Markets by 4.1% during the 4th quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock valued at $282,000 after buying an additional 98 shares during the period. Kovack Advisors Inc. raised its holdings in Robinhood Markets by 2.5% in the 3rd quarter. Kovack Advisors Inc. now owns 4,121 shares of the company’s stock worth $590,000 after purchasing an additional 100 shares in the last quarter. SOA Wealth Advisors LLC. raised its holdings in Robinhood Markets by 11.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company’s stock worth $109,000 after purchasing an additional 100 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC raised its holdings in Robinhood Markets by 1.8% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 6,107 shares of the company’s stock worth $874,000 after purchasing an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Price Performance

Shares of Robinhood Markets stock opened at $98.12 on Tuesday. The company has a 50-day moving average of $80.67 and a 200 day moving average of $91.89. The firm has a market cap of $88.36 billion, a price-to-earnings ratio of 47.40, a PEG ratio of 2.33 and a beta of 2.35. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results 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). 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%.The firm’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.37 earnings per share. On average, equities analysts anticipate that Robinhood Markets, Inc. will post 1.83 EPS for the current year.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood announced it will cut about 10% of its workforce, or roughly 290 jobs, as part of a restructuring aimed at lowering costs and improving efficiency. Investors often view layoffs as a sign management is prioritizing profitability. Robinhood Markets to Cut 10% of Workforce in Restructuring
• Positive Sentiment: Robinhood’s prediction markets business is drawing attention as a potential growth driver, with one analyst suggesting World Cup-related activity could sharply increase revenue in 2026. Thanks to the World Cup, Robinhood’s 2026 prediction markets revenue could skyrocket
• Positive Sentiment: The company also benefited from buzz around record trading traffic tied to the SpaceX IPO and from its newly approved IPO underwriting business, which could expand engagement and fee opportunities. Robinhood Stock In Focus: Record SpaceX Traffic, New IPO Business, World Cup Bets
• Neutral Sentiment: Brokerage coverage remains generally supportive, with analysts maintaining a consensus “Moderate Buy” view on HOOD. Robinhood Markets, Inc. Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Negative Sentiment: Recent insider selling by CFO Shiv Verma and director Baiju Bhatt may temper enthusiasm, even though both transactions were made under pre-arranged trading plans. Robinhood Markets (NASDAQ:HOOD) CFO Shiv Verma Sells 3,984 Shares Robinhood Markets (NASDAQ:HOOD) Director Baiju Bhatt Sells 57,898 Shares of Stock

Wall Street Analysts Forecast Growth

Several research analysts have commented on HOOD shares. Sanford C. Bernstein restated an “outperform” rating and issued a $130.00 price objective on shares of Robinhood Markets in a report on Tuesday, April 14th. Keefe, Bruyette & Woods decreased their price objective on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Morgan Stanley decreased their price objective on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, April 10th. Needham & Company LLC upped their price objective on shares of Robinhood Markets from $85.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Finally, Mizuho upped their price objective on shares of Robinhood Markets from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.73.

Insider Buying and Selling

In other Robinhood Markets news, Director Meyer Malka purchased 250,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average cost of $80.74 per share, for a total transaction of $20,185,000.00. Following the purchase, the director directly owned 3,924,427 shares in the company, valued at $316,858,235.98. The trade was a 6.80% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Quirk sold 10,837 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total transaction of $931,006.67. Following the completion of the transaction, the insider owned 81,989 shares of the company’s stock, valued at approximately $7,043,674.99. The trade was a 11.67% decrease in their ownership of the stock. 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 90 days, insiders purchased 680,000 shares of company stock worth $55,306,560 and sold 633,484 shares worth $47,542,923. 19.95% of the stock is owned by insiders.

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.