Friedenthal Financial Acquires New Shares in Robinhood Markets, Inc. $HOOD

Friedenthal Financial bought a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,119 shares of the company’s stock, valued at approximately $918,000.

Other hedge funds have also added to or reduced their stakes in the company. Valley National Advisers Inc. grew its holdings in Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Golden State Wealth Management LLC grew 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 valued at $27,000 after buying an additional 99 shares in the last quarter. Vision Financial Markets LLC grew its position in shares of Robinhood Markets by 100.0% during the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at $29,000. Finally, Guerra Advisors Inc purchased a new position in shares of Robinhood Markets during the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Stock Up 4.5%

NASDAQ HOOD opened at $90.75 on Friday. The company has a 50-day simple moving average of $75.32 and a two-hundred day simple moving average of $106.28. Robinhood Markets, Inc. has a 12-month low of $39.21 and a 12-month high of $153.86. The firm has a market cap of $81.70 billion, a price-to-earnings ratio of 44.05, a PEG ratio of 2.52 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The company’s revenue was up 26.5% on a year-over-year basis. Equities analysts expect that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Robinhood Markets News Summary

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

• Positive Sentiment: SEC scraps the $25,000 pattern-day-trader rule — seen as a structural win for retail brokers like Robinhood because it lowers the barrier to frequent trading for smaller accounts, potentially increasing order flow, active users and engagement. Read More.
• Positive Sentiment: Analysts and commentators are bullish on the tailwind — firms including Goldman and Sanford C. Bernstein have highlighted the rule change as supportive of HOOD’s growth outlook and reiterated favorable views. That analyst optimism is amplifying the rally. Read More.
• Positive Sentiment: Public endorsements from market pundits — Jim Cramer discussed Robinhood positively on-air, praising management and calling the company well positioned for the policy shift, which helps investor sentiment and retail interest. Read More.
• Neutral Sentiment: Valuation and sell-off commentary — coverage (Forbes/Yahoo) notes HOOD’s recent multi-month pullback and lower forward P/E, framing the current move as both a reaction to catalysts and a valuation re-rating discussion for longer-term investors. Read More.
• Negative Sentiment: Charles Schwab plans to launch direct Bitcoin/Ethereum trading — Schwab’s entry (24/7 spot trading, low fees) raises competitive pressure on Robinhood’s crypto business and could weigh on crypto revenue and user retention. Read More.
• Negative Sentiment: Insider stock sales disclosed — CFO Shiv Verma and insider Steven M. Quirk sold sizable blocks on April 15; both trades were reported as executed under pre-arranged Rule 10b5-1 plans, which mutes the governance concern but can still create short-term selling pressure and negative headlines. Read More. / Read More.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HOOD shares. Zacks Research lowered shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Piper Sandler reduced their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Citizens Jmp reduced their price target on shares of Robinhood Markets from $180.00 to $155.00 and set a “market outperform” rating for the company in a research report on Friday, April 10th. Morgan Stanley reduced their price target on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Finally, New Street Research set a $122.00 price objective on Robinhood Markets in a report on Thursday, March 5th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.42.

Insider Activity

In other news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $69.85, for a total transaction of $407,574.75. Following the completion of the sale, the chief technology officer owned 18,006 shares of the company’s stock, valued at approximately $1,257,719.10. This represents a 24.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders have sold 483,215 shares of company stock valued at $35,353,762. Corporate insiders own 14.47% of the company’s stock.

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.