WESPAC Advisors SoCal LLC Raises Stock Holdings in Robinhood Markets, Inc. $HOOD

Posted by Geri Gentry on Jun 21st, 2026

WESPAC Advisors SoCal LLC boosted its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 34.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 27,381 shares of the company’s stock after acquiring an additional 6,971 shares during the quarter. WESPAC Advisors SoCal LLC’s holdings in Robinhood Markets were worth $1,898,000 at the end of the most recent reporting period.

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

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD opened at $108.15 on Friday. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86. The company has a market capitalization of $97.39 billion, a PE ratio of 52.25, a PEG ratio of 2.54 and a beta of 2.35. The business has a 50 day moving average of $83.43 and a two-hundred day moving average of $91.48.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 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 analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.37 EPS. Equities research analysts predict that Robinhood Markets, Inc. will post 1.81 earnings per share for the current fiscal year.

Insider Transactions at Robinhood Markets

In other news, Director Meyer Malka acquired 250,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was bought at an average price of $80.74 per share, with a total value of $20,185,000.00. Following the completion of the acquisition, the director owned 3,924,427 shares of the company’s stock, valued at approximately $316,858,235.98. This represents a 6.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven M. Quirk sold 10,837 shares of Robinhood Markets stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $85.91, for a total transaction of $931,006.67. Following the completion of the transaction, the insider directly owned 81,989 shares of the company’s stock, valued at $7,043,674.99. The trade was a 11.67% 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 90 days, insiders acquired 680,000 shares of company stock worth $55,306,560 and sold 633,484 shares worth $47,542,923. 14.47% of the stock is currently owned by company insiders.

Key Stories Impacting Robinhood Markets

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

Positive Sentiment: Robinhood said its new “AI Trading” feature has already attracted more than 50,000 users in just weeks, with the product helping drive millions of daily interactions and reinforcing the company’s growth narrative. Robinhood Stock Spikes as AI Trading Tops 50,000 Users in Weeks
Positive Sentiment: Shares have also been supported by record June trading volumes and analyst upgrades/raised price targets after Robinhood announced a 10% workforce reduction, which investors read as a move to improve margins and streamline operations. Stock Market Today, June 17: Robinhood Jumps After Announcing 10% Workforce Reduction, Record June Volumes
Positive Sentiment: Momentum traders are also focused on the stock’s technical breakout potential after it outperformed the broader market and moved sharply higher on heavy volume. Stock Of The Day: Will Robinhood Break Out?
Neutral Sentiment: Commentary on Robinhood’s valuation suggests the stock is expensive, so even with strong growth, expectations are high and any slowdown could make the shares vulnerable. 2 High-Flying Stocks Worth Your Attention and 1 We Question
Negative Sentiment: Cathie Wood’s ARK has been trimming Robinhood holdings into the rally, which may create some short-term supply pressure and signals that not all big investors are chasing the move. Cathie Wood’s Ark Invest Sells Robinhood Stock Into 8% Rally, Loads Up On Coinbase And Block

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $110.00 price target on shares of Robinhood Markets in a research report on Tuesday, June 9th. JPMorgan Chase & Co. dropped their price objective on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. The Goldman Sachs Group increased their price objective on shares of Robinhood Markets from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Barclays reduced their target price on shares of Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, Jefferies Financial Group decreased their target price on shares of Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $112.36.

Get Our Latest Analysis on Robinhood Markets

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.