Partners Wealth Management LLC acquired a new position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 88,058 shares of the company’s stock, valued at approximately $9,907,000. Robinhood Markets accounts for about 1.0% of Partners Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding.
A number of other large investors have also made changes to their positions in the stock. C M Bidwell & Associates Ltd. bought a new stake in shares of Robinhood Markets in the second quarter valued at about $27,000. James T. Borello RIA bought a new position in Robinhood Markets during the third quarter valued at about $29,000. Cassaday & Co Wealth Management LLC bought a new position in Robinhood Markets during the first quarter valued at about $33,000. Glen Eagle Advisors LLC increased its stake in Robinhood Markets by 100.7% during the first quarter. Glen Eagle Advisors LLC now owns 568 shares of the company’s stock valued at $39,000 after acquiring an additional 285 shares during the period. Finally, Continuum Advisory LLC acquired a new position in Robinhood Markets in the 2nd quarter valued at approximately $40,000. Institutional investors and hedge funds own 93.27% of the company’s stock.
Wall Street Analysts Forecast Growth
HOOD has been the topic of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a report on Monday, September 21st. Bank of America upped their target price on Robinhood Markets from $140.00 to $156.00 and gave the company a “buy” rating in a research note on Monday, October 5th. China Renaissance started coverage on Robinhood Markets in a research report on Tuesday, July 7th. They issued a “buy” rating and a $156.80 target price for the company. Sanford C. Bernstein reiterated an “outperform” rating and set a $160.00 price target on shares of Robinhood Markets in a research note on Tuesday, September 8th. Finally, Needham & Company LLC lowered their price target on shares of Robinhood Markets from $126.00 to $116.00 and set a “buy” rating on the stock in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus target price of $127.45.
View Our Latest Analysis on HOOD
Robinhood Markets Trading Up 0.2%
HOOD stock opened at $91.59 on Friday. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $150.47. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $108.69 and its 200-day moving average is $93.20. The firm has a market cap of $82.35 billion, a P/E ratio of 42.21, a P/E/G ratio of 1.82 and a beta of 2.35.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its earnings results on Tuesday, October 27th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.56 by $0.04. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.44 billion. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. Robinhood Markets’s revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company earned $0.61 EPS. Equities analysts anticipate that Robinhood Markets, Inc. will post 2.20 earnings per share for the current fiscal year.
Insider Activity
In other Robinhood Markets news, insider Daniel Gallagher, Jr. sold 10,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the completion of the transaction, the insider directly owned 499,943 shares in the company, valued at $56,848,518.53. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,912 shares of Robinhood Markets stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $101.40, for a total value of $5,162,476.80. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is owned by company insiders.
Robinhood Markets News Summary
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Prediction markets are emerging as Robinhood’s most important growth catalyst. The business reportedly expanded sevenfold year over year, with non-sports contracts representing roughly 30% of activity. Management believes the company is in the early stages of a potential “prediction market supercycle.” Why Robinhood thinks we’re at the beginning of a prediction market supercycle
- Positive Sentiment: Robinhood reported record quarterly revenue of approximately $1.42 billion, up about 11.5% year over year, while EPS of $0.60 exceeded the consensus estimate of $0.56. Trading activity, customer deposits, AI-enabled accounts, and new offerings supported the diversification strategy. Compared to Estimates, Robinhood Markets Q3 Earnings
- Positive Sentiment: Analysts remain constructive despite lowering targets: Goldman Sachs, Barclays, Truist, Needham, KeyCorp, and Scotiabank retained bullish or overweight ratings, while Citizens JMP maintained a $165 target. Bulls argue prediction markets and additional products can support the next phase of growth. Robinhood to rally on prediction markets and new offerings
- Neutral Sentiment: Management is expanding into a broader financial “super app,” including AI trading agents, tokenized real-world assets, Robinhood Chain, and additional crypto partnerships. These initiatives offer long-term growth potential but remain early-stage and may require significant investment.
- Negative Sentiment: Crypto revenue declined sharply year over year as digital-asset markets cooled. Lower crypto activity, falling interest income, tighter spreads, and rising expenses pressured profitability and overshadowed record prediction-market results. Robinhood shares fall as crypto markets chill drives profit miss
- Negative Sentiment: Robinhood did not provide a 2026 operating-expense outlook, increasing uncertainty around cost control. The Ohio Casino Control Commission also issued a cease-and-desist demand concerning sports-related event contracts, creating regulatory risk for a key growth area. Robinhood Stock Tumbles: What’s Happening?
- Negative Sentiment: Several firms reduced their price targets, reflecting concerns that HOOD’s premium valuation leaves limited room for execution disappointments, even though most maintained positive ratings.
About Robinhood Markets
Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.
Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.
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