Lebenthal Global Advisors LLC Purchases 19,107 Shares of Robinhood Markets, Inc. $HOOD

Lebenthal Global Advisors LLC acquired a new position in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,107 shares of the company’s stock, valued at approximately $2,150,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HOOD. Bank of New York Mellon Corp bought a new position in Robinhood Markets during the second quarter worth about $379,695,000. Amundi increased its stake in shares of Robinhood Markets by 89.0% in the first quarter. Amundi now owns 6,385,232 shares of the company’s stock worth $442,497,000 after purchasing an additional 3,007,103 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Robinhood Markets by 48.6% in the first quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock valued at $353,717,000 after purchasing an additional 1,668,400 shares during the period. Hound Partners LLC bought a new stake in shares of Robinhood Markets in the first quarter valued at approximately $73,150,000. Finally, Amova Asset Management Americas Inc. raised its position in shares of Robinhood Markets by 15.0% in the first quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock valued at $362,925,000 after purchasing an additional 685,041 shares during the period. 93.27% of the stock is currently owned by institutional investors.

More Robinhood Markets News

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

Insider Transactions at Robinhood Markets

In other news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the completion of the transaction, the chief executive officer owned 375,000 shares of the company’s stock, valued at approximately $42,645,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Oluwadara Treseder sold 1,875 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $234,375.00. Following the transaction, the director directly owned 70,567 shares of the company’s stock, valued at $8,820,875. The trade was a 2.59% decrease in their position. 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 quarter, insiders have sold 1,091,347 shares of company stock worth $128,447,880. 13.48% of the stock is owned by insiders.

Robinhood Markets Trading Down 7.2%

Shares of HOOD stock opened at $84.99 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.22 and a current ratio of 1.24. Robinhood Markets, Inc. has a 52-week low of $63.51 and a 52-week high of $150.47. The company has a market capitalization of $76.41 billion, a PE ratio of 39.17, a price-to-earnings-growth ratio of 1.95 and a beta of 2.35. The business’s fifty day moving average is $108.49 and its 200 day moving average is $93.04.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.04. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the company earned $0.61 earnings per share. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. On average, equities research analysts anticipate that Robinhood Markets, Inc. will post 2.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Friday. Cantor Fitzgerald restated an “overweight” rating on shares of Robinhood Markets in a research report on Tuesday, September 15th. Loop Capital set a $135.00 price objective on Robinhood Markets in a research note on Tuesday, September 29th. Morgan Stanley increased their price objective on Robinhood Markets from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, October 9th. Finally, Scotiabank cut their target price on Robinhood Markets from $136.00 to $124.00 and set a “sector outperform” rating for the company in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Robinhood Markets presently has a consensus rating of “Moderate Buy” and an average price target of $127.39.

Robinhood Markets Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.