PNC Financial Services Group Inc. Acquires 46,688 Shares of Robinhood Markets, Inc. $HOOD

Posted by Geri Gentry on May 24th, 2026

PNC Financial Services Group Inc. raised its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 86.2% in the 4th quarter, Holdings Channel reports. The firm owned 100,849 shares of the company’s stock after purchasing an additional 46,688 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Robinhood Markets were worth $11,406,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. First Command Advisory Services Inc. lifted its position in shares of Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock worth $46,000 after purchasing an additional 81 shares during the last quarter. Evolution Wealth Advisors LLC raised its holdings in shares of Robinhood Markets by 5.2% in the fourth quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock valued at $217,000 after acquiring an additional 95 shares in the last quarter. CogentBlue Wealth Advisors LLC raised its holdings in shares of Robinhood Markets by 4.1% in the fourth quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock valued at $282,000 after acquiring an additional 98 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in shares of Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 99 shares in the last quarter. Finally, Vision Financial Markets LLC raised its holdings in shares of Robinhood Markets by 100.0% in the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after acquiring an additional 100 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.85, for a total transaction of $407,574.75. Following the sale, the chief technology officer owned 18,006 shares in the company, valued at approximately $1,257,719.10. The trade was a 24.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 560,765 shares of company stock valued at $40,946,840 over the last three months. Corporate insiders own 14.47% of the company’s stock.

Wall Street Analysts Forecast Growth

HOOD has been the subject of several recent research reports. Loop Capital set a $130.00 price objective on Robinhood Markets in a report on Monday, February 9th. Barclays decreased their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price objective for the company in a report on Monday, February 9th. Citizens Jmp restated a “market outperform” rating and issued a $155.00 price objective on shares of Robinhood Markets in a report on Wednesday, April 29th. Finally, Compass Point restated a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Eighteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $107.88.

Check Out Our Latest Report on Robinhood Markets

Robinhood Markets Price Performance

HOOD opened at $73.64 on Friday. The business’s 50-day moving average is $76.11 and its two-hundred day moving average is $96.47. Robinhood Markets, Inc. has a 1 year low of $62.63 and a 1 year high of $153.86. The firm has a market capitalization of $66.31 billion, a PE ratio of 35.58, a price-to-earnings-growth ratio of 2.39 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its 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). 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 analysts’ expectations of $1.14 billion. During the same quarter last year, the firm earned $0.37 EPS. Robinhood Markets’s revenue for the quarter was up 15.1% on a year-over-year basis. As a group, sell-side analysts expect that Robinhood Markets, Inc. will post 1.95 EPS for the current year.

Robinhood Markets Company Profile

(Free Report)

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.