Vertrix Wealth Management LLC Makes New $365,000 Investment in Robinhood Markets, Inc. $HOOD

Posted by George Bondi on Jul 2nd, 2026

Vertrix Wealth Management LLC bought a new stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 5,265 shares of the company’s stock, valued at approximately $365,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HOOD. Empowered Funds LLC boosted its holdings in Robinhood Markets by 46.7% during the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after buying an additional 15,885 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Robinhood Markets in the 2nd quarter valued at approximately $5,105,000. Federated Hermes Inc. raised its position in shares of Robinhood Markets by 106.2% in the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock valued at $5,988,000 after acquiring an additional 32,933 shares during the period. NewEdge Advisors LLC boosted its stake in Robinhood Markets by 19.1% during the 2nd quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock worth $8,396,000 after acquiring an additional 14,356 shares during the last quarter. Finally, Nebula Research & Development LLC acquired a new position in Robinhood Markets during the second quarter valued at approximately $1,316,000. 93.27% of the stock is currently owned by institutional investors.

Robinhood Markets Trading Up 8.3%

Shares of HOOD opened at $108.65 on Thursday. The stock has a market capitalization of $97.84 billion, a price-to-earnings ratio of 52.49, a PEG ratio of 2.36 and a beta of 2.33. Robinhood Markets, Inc. has a 12 month low of $63.51 and a 12 month high of $153.86. The firm has a fifty day simple moving average of $86.69 and a 200 day simple moving average of $89.49.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the firm earned $0.37 earnings per share. The company’s quarterly revenue was up 15.1% compared to the same quarter last year. As a group, research analysts predict that Robinhood Markets, Inc. will post 1.81 earnings per share for the current fiscal year.

More Robinhood Markets News

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

Positive Sentiment: Robinhood launched the public mainnet of Robinhood Chain, a Layer 2 blockchain designed for real-world assets, with integrations from Arbitrum, Alchemy, BitGo, and Chainlink. That move strengthens Robinhood’s crypto and tokenization strategy and could open new revenue streams. Article Title
Positive Sentiment: The company unveiled new AI-powered crypto trading tools for U.S. users, expanded perpetual futures offerings in Europe, and signaled plans to enter or expand in Canada, Singapore, and the U.K., boosting hopes for faster international growth. Article Title
Positive Sentiment: Robinhood’s broader crypto push, including plans to launch crypto trading in the U.K. and expand its European futures product set, is helping investors view HOOD as a more diversified financial platform rather than just a brokerage. Article Title
Neutral Sentiment: Analyst and media coverage continues to highlight Robinhood as a strong Q2 finance stock, which supports sentiment but is less directly tied to the stock’s move than the new product announcements. Article Title
Neutral Sentiment: Deutsche Bank raised its price target on Robinhood to $113 and kept a buy rating, adding another supportive signal for investors. Article Title
Negative Sentiment: Some coverage still points to concerns about Robinhood’s core earnings quality and valuation, reminding investors that the stock’s rally may depend on execution across its newer growth bets. Article Title

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total transaction of $836,800.00. Following the transaction, the insider owned 481,396 shares of the company’s stock, valued at $40,283,217.28. The trade was a 2.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 3,984 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $98.84, for a total value of $393,778.56. Following the sale, the chief financial officer owned 59,927 shares in the company, valued at approximately $5,923,184.68. This represents a 6.23% 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 ninety days, insiders have purchased 680,000 shares of company stock valued at $55,306,560 and have sold 633,484 shares valued at $47,542,923. Insiders own 14.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. KeyCorp reiterated an “overweight” rating and issued a $100.00 target price on shares of Robinhood Markets in a report on Monday, June 1st. Mizuho boosted their price target on shares of Robinhood Markets from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research report on Wednesday, June 24th. Argus raised their price objective on Robinhood Markets from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Finally, Loop Capital set a $110.00 target price on Robinhood Markets in a report on Wednesday, June 17th. Twenty analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $114.35.

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.