Fiduciary Alliance LLC Trims Holdings in Robinhood Markets, Inc. $HOOD

Posted by on Jun 25th, 2026

Fiduciary Alliance LLC lowered its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 25.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 75,838 shares of the company’s stock after selling 25,658 shares during the quarter. Fiduciary Alliance LLC’s holdings in Robinhood Markets were worth $5,256,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HOOD. Evolution Wealth Advisors LLC increased its stake in shares of Robinhood Markets by 5.2% in the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after acquiring an additional 95 shares during the last quarter. CogentBlue Wealth Advisors LLC boosted its position in shares of Robinhood Markets by 4.1% during the 4th 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 during the last quarter. SOA Wealth Advisors LLC. grew its holdings in shares of 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 purchasing an additional 100 shares during the period. Mill Creek Capital Advisors LLC grew its holdings in shares of Robinhood Markets by 1.8% in the third quarter. Mill Creek Capital Advisors LLC now owns 6,107 shares of the company’s stock valued at $874,000 after purchasing an additional 107 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC increased its position in Robinhood Markets by 10.2% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 1,210 shares of the company’s stock worth $137,000 after purchasing an additional 112 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Robinhood Markets

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

  • Positive Sentiment: Robinhood said it will use about $290 million of the convertible note proceeds to repurchase shares, while capped calls are intended to reduce dilution if the notes are converted. Article Title
  • Positive Sentiment: Truist remained bullish on Robinhood, saying June trading volumes point to a record quarter and transaction revenue may come in ahead of estimates. Article Title
  • Neutral Sentiment: Robinhood’s stock remains a heavily watched name, with mixed coverage from recent articles discussing its long-term business model, trading activity, and founder Baiju Bhatt’s origin story. Article Title
  • Neutral Sentiment: Analyst notes and market commentary continue to highlight Robinhood’s growth versus volatility, with some bullish price targets but also debate over the durability of its growth drivers. Article Title
  • Negative Sentiment: The $2 billion convertible debt raise raised dilution concerns, even with capped calls and buybacks meant to soften the impact. Article Title
  • Negative Sentiment: Meta’s reported work on a prediction-market app pressured Robinhood by raising the risk of new competition in a potentially important product category. Article Title

Insider Activity

In related news, Director Meyer Malka acquired 250,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price of $80.74 per share, with a total value of $20,185,000.00. Following the transaction, the director owned 3,924,427 shares of the company’s stock, valued at approximately $316,858,235.98. This trade represents a 6.80% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $76.89, for a total transaction of $768,900.00. Following the completion of the sale, the insider owned 432,849 shares of the company’s stock, valued at $33,281,759.61. This trade represents a 2.26% 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. In the last three months, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 633,484 shares worth $47,542,923. Company insiders own 14.47% of the company’s stock.

Robinhood Markets Trading Down 5.9%

Shares of HOOD opened at $97.18 on Thursday. The company’s 50-day moving average price is $85.34 and its 200 day moving average price is $90.62. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86. The firm has a market cap of $87.52 billion, a P/E ratio of 46.95, a price-to-earnings-growth ratio of 1.90 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion for 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%. Robinhood Markets’s revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.37 earnings per share. Equities research analysts forecast that Robinhood Markets, Inc. will post 1.8 earnings per share for the current year.

Analysts Set New Price Targets

HOOD has been the topic of a number of analyst reports. Needham & Company LLC lifted their target price on shares of Robinhood Markets from $85.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Sanford C. Bernstein reissued an “outperform” rating and issued a $130.00 price target on shares of Robinhood Markets in a research note on Tuesday, April 14th. Cantor Fitzgerald restated an “overweight” rating and set a $110.00 price target on shares of Robinhood Markets in a report on Tuesday, June 9th. Argus lifted their price target on shares of Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. Eighteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus target price of $112.36.

Read Our Latest Report on Robinhood Markets

About Robinhood Markets

(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.

Featured Stories

Want to see what other hedge funds are holding HOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report).

Institutional Ownership by Quarter for Robinhood Markets (NASDAQ:HOOD)

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