Robinhood Markets, Inc. $HOOD Shares Sold by KBC Group NV

Posted by Francis Steltz on Jul 23rd, 2026

KBC Group NV lowered its position in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 77.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,881 shares of the company’s stock after selling 497,332 shares during the quarter. KBC Group NV’s holdings in Robinhood Markets were worth $10,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp increased its holdings in Robinhood Markets by 103.2% during the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after acquiring an additional 16,375,734 shares in the last quarter. Norges Bank purchased a new stake in shares of Robinhood Markets in the fourth quarter valued at about $1,202,160,000. Corient Private Wealth LLC grew its position in shares of Robinhood Markets by 5,221.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after purchasing an additional 2,511,743 shares during the last quarter. Jennison Associates LLC grew its position in shares of Robinhood Markets by 95.7% in the fourth quarter. Jennison Associates LLC now owns 4,412,036 shares of the company’s stock valued at $499,001,000 after purchasing an additional 2,157,372 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of Robinhood Markets by 23.9% during the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock worth $1,208,335,000 after purchasing an additional 2,061,832 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Robinhood Markets News

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

Positive Sentiment: KeyCorp and Needham both raised their price targets on Robinhood, with KeyCorp moving to $125 and Needham to $123, while maintaining positive ratings. Bernstein also reiterated a bullish view, arguing the stock’s prediction-markets business could become a major growth driver. Analyst price target updates for Robinhood Markets
Positive Sentiment: Analysts expect Robinhood to beat second-quarter earnings estimates, which supports sentiment ahead of next week’s results and could fuel buying if the company delivers strong trading, crypto, or prediction-market revenue. Robinhood expected to beat earnings estimates
Positive Sentiment: Robinhood continues to highlight growth initiatives, including its blockchain efforts, tokenized assets, and a new partnership with WHOOP that adds perks for Platinum Card holders, reinforcing the company’s push beyond core trading. WHOOP teams up with Robinhood on new member benefit
Neutral Sentiment: Recent coverage also emphasized Robinhood Chain’s rapid early adoption and the possibility that prediction-market revenue could overtake crypto, which is constructive strategically but still largely forward-looking. Robinhood’s crypto bet and Robinhood Chain growth
Negative Sentiment: Despite the upbeat analyst commentary, the stock has been slipping in the latest session, and investors may also be cautious ahead of the upcoming earnings release after Robinhood previously missed on both EPS and revenue in its last quarterly report. Robinhood suffers a larger drop than the general market
Negative Sentiment: Competition in crypto and trading-related products remains intense, with rivals such as Kraken and Coinbase expanding offerings, which could pressure Robinhood’s growth narrative over time. Kraken expands tokenized stocks

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD opened at $104.48 on Thursday. The company has a market cap of $94.09 billion, a PE ratio of 50.47, a price-to-earnings-growth ratio of 2.25 and a beta of 2.33. The firm has a 50 day simple moving average of $95.75 and a 200 day simple moving average of $88.67. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced 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). The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS. On average, equities analysts predict that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. BTIG Research reissued a “buy” rating and issued a $125.00 price target on shares of Robinhood Markets in a report on Thursday, July 2nd. Mizuho increased their price objective on Robinhood Markets from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Truist Financial dropped their price objective on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Robinhood Markets from $105.00 to $113.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Twenty-one research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $122.22.

View Our Latest Stock Analysis on HOOD

Insider Transactions at Robinhood Markets

In related news, insider Steven M. Quirk sold 19,377 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $119.96, for a total value of $2,324,464.92. Following the completion of the transaction, the insider directly owned 62,612 shares in the company, valued at approximately $7,510,935.52. This represents a 23.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Oluwadara Johnson Treseder sold 3,750 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $117.50, for a total value of $440,625.00. Following the completion of the transaction, the director directly owned 72,442 shares of the company’s stock, valued at approximately $8,511,935. This trade represents a 4.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have acquired 680,000 shares of company stock worth $55,306,560 and have sold 587,875 shares worth $62,602,915. Corporate insiders own 13.48% of the company’s stock.

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.