KBC Group NV Sells 42,974 Shares of Robinhood Markets, Inc. $HOOD

KBC Group NV reduced its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 6.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 644,213 shares of the company’s stock after selling 42,974 shares during the quarter. KBC Group NV’s holdings in Robinhood Markets were worth $72,860,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Valley National Advisers Inc. boosted its position in shares of Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Robinhood Markets by 152.6% in the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Golden State Wealth Management LLC boosted its position in shares of Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 99 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Robinhood Markets in the 3rd quarter worth approximately $29,000. Finally, Vision Financial Markets LLC boosted its position in shares of Robinhood Markets by 100.0% in the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares in the last quarter. 93.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wall Street Zen cut Robinhood Markets from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Loop Capital set a $130.00 price objective on Robinhood Markets in a research report on Monday, February 9th. Mizuho cut their target price on Robinhood Markets from $135.00 to $110.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Sanford C. Bernstein reiterated an “outperform” rating and set a $130.00 target price on shares of Robinhood Markets in a research note on Tuesday. Finally, Citizens Jmp cut their target price on Robinhood Markets from $180.00 to $155.00 and set a “market outperform” rating on the stock in a research note on Friday, April 10th. Eighteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.42.

Robinhood Markets Trading Down 0.5%

Shares of HOOD opened at $86.85 on Friday. The business’s fifty day simple moving average is $75.16 and its two-hundred day simple moving average is $106.86. Robinhood Markets, Inc. has a 12 month low of $39.21 and a 12 month high of $153.86. The company has a market cap of $78.19 billion, a price-to-earnings ratio of 42.16, a P/E/G ratio of 2.54 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $1.01 EPS. The company’s revenue was up 26.5% compared to the same quarter last year. As a group, research analysts forecast that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Insider Transactions at Robinhood Markets

In other news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $107.48, for a total value of $630,262.72. Following the transaction, the chief technology officer directly owned 9,133 shares in the company, valued at $981,614.84. This trade represents a 39.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction on Monday, April 6th. The stock was sold at an average price of $69.85, for a total value of $698,500.00. Following the completion of the sale, the insider directly owned 442,849 shares of the company’s stock, valued at $30,933,002.65. The trade was a 2.21% 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. Insiders sold 469,239 shares of company stock valued at $34,161,725 over the last 90 days. 14.47% of the stock is owned by corporate insiders.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: SEC removes the $25,000 pattern-day-trader requirement — this regulatory change should expand active trading among smaller retail accounts and directly benefits Robinhood’s core user base, supporting higher engagement, margin use and revenue potential. SEC Rule Change Explained
• Positive Sentiment: Analyst and market support — Goldman and other outlets flagged that the rule change should be a tailwind for Robinhood; Sanford C. Bernstein reaffirmed an Outperform rating, adding institutional validation to the bull case. Goldman on Robinhood Bernstein Reaffirmation
• Positive Sentiment: Retail flow and derivatives positioning — heavy call-option buying and a Bitcoin rally earlier in the week drove trading volume and hedging flows that benefited commission- and crypto-linked revenue for Robinhood. Bitcoin and Trading Activity
• Neutral Sentiment: Macro tech rally provides a tailwind — broad market strength (S&P 500, Nasdaq at highs) has helped lift HOOD alongside other large tech names, but this is a general support rather than company-specific news. Market Rally Coverage
• Neutral Sentiment: Prediction-market developments — stories about prediction markets (Schwab exploration and legal actions) are interesting for market structure but have unclear direct impact on Robinhood today. Schwab Prediction Markets
• Negative Sentiment: Charles Schwab launching direct Bitcoin and Ethereum trading — Schwab Crypto will let clients trade BTC/ETH alongside brokerage accounts with low fees and 24/7 service; that is a direct competitive threat to Robinhood’s crypto franchise and is cited as a near-term catalyst for the stock’s pullback. Schwab Crypto Launch Coverage: Schwab Impact on HOOD

Robinhood Markets Profile

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.