Csenge Advisory Group Increases Holdings in Robinhood Markets, Inc. $HOOD

Csenge Advisory Group grew its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 539.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,396 shares of the company’s stock after buying an additional 7,926 shares during the period. Csenge Advisory Group’s holdings in Robinhood Markets were worth $1,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC lifted its holdings in Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the last quarter. Vision Financial Markets LLC lifted its holdings in Robinhood Markets by 100.0% during the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after buying an additional 100 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Robinhood Markets during the 3rd quarter worth about $29,000. Guerra Advisors Inc purchased a new stake in Robinhood Markets during the 3rd quarter worth about $30,000. Finally, Elyxium Wealth LLC purchased a new stake in Robinhood Markets during the 4th quarter worth about $27,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HOOD has been the topic of a number of research analyst reports. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. JPMorgan Chase & Co. cut their target price on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Zacks Research cut Robinhood Markets from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Loop Capital set a $130.00 target price on Robinhood Markets in a research report on Monday, February 9th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $155.00 target price on shares of Robinhood Markets in a research report on Wednesday, April 29th. Eighteen 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. According to MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus price target of $107.88.

Insider Transactions at Robinhood Markets

In related news, insider Steven M. Quirk sold 8,540 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total value of $725,302.20. Following the transaction, the insider owned 53,183 shares in the company, valued at $4,516,832.19. The trade was a 13.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.83, for a total value of $26,186,250.00. Following the completion of the transaction, the chief executive officer owned 375,000 shares in the company, valued at $26,186,250. This trade represents a 50.00% 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. Insiders have sold a total of 493,343 shares of company stock worth $35,864,569 over the last three months. 14.47% of the stock is currently owned by company insiders.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood’s management is set to present at the Bernstein Strategic Decisions Conference next week, which could give investors updates on trading trends, product growth, and strategy. Conference appearances often help support sentiment by keeping the growth story in focus.
• Positive Sentiment: TradePMR, a Robinhood unit, scored a recruiting win with a $3 billion Wells Fargo team, highlighting continued progress in Robinhood’s advisory/custody business and broader expansion beyond core trading. Robinhood’s TradePMR Scores a Recruiting Win With a $3 Billion Wells Fargo Team
• Positive Sentiment: Robinhood relisted Algorand for U.S. retail users, suggesting the company is leaning back into crypto access and potentially increasing engagement from active traders. Robinhood Relists Algorand Raising Questions For Crypto Strategy And Valuation
• Neutral Sentiment: Robinhood’s CFO Shiv Verma sold 5,436 shares under a pre-arranged 10b5-1 plan. The sale is routine, but insider selling can still weigh on short-term sentiment. Robinhood Markets, Inc. insider transaction details
• Negative Sentiment: Investors are worried that Robinhood may be hurt by Congress’s prediction-market bill frenzy, which could create more regulatory uncertainty around an area tied to event-driven trading activity. Why Robinhood (HOOD) stock may stand to lose from Congress’s prediction market bill frenzy
• Negative Sentiment: Another bearish note argued that Robinhood’s customers are staying away, reflecting skepticism about near-term user engagement and trading volumes. Robinhood’s Customers Are Staying Away, You Should Too
• Negative Sentiment: Recent market commentary also pointed to softer crypto volumes and insider sales as reasons the stock may have moved lower, since Robinhood remains highly sensitive to transaction activity in crypto. Robinhood Markets Inc. (HOOD): Graham Stephan Got Out Early

Robinhood Markets Stock Performance

HOOD opened at $75.76 on Thursday. The stock has a market capitalization of $68.22 billion, a P/E ratio of 36.60, a price-to-earnings-growth ratio of 2.40 and a beta of 2.29. Robinhood Markets, Inc. has a one year low of $62.63 and a one year high of $153.86. The business’s 50-day simple moving average is $76.26 and its 200-day simple moving average is $97.13.

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 company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The business’s revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. On average, equities research analysts forecast that Robinhood Markets, Inc. will post 1.88 EPS for the current fiscal year.

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.