Thrivent Financial for Lutherans lifted its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 10.4% during the 4th quarter, HoldingsChannel reports. The fund owned 1,733,077 shares of the company’s stock after acquiring an additional 163,643 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Robinhood Markets were worth $196,030,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Robinhood Markets by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after acquiring an additional 1,334,443 shares in the last quarter. State Street Corp grew its stake in shares of Robinhood Markets by 103.2% in the third 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. Invesco Ltd. grew its stake in shares of Robinhood Markets by 25.3% in the third quarter. Invesco Ltd. now owns 6,191,123 shares of the company’s stock valued at $886,445,000 after acquiring an additional 1,248,590 shares in the last quarter. Northern Trust Corp grew its stake in shares of Robinhood Markets by 48.5% in the third quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock valued at $881,608,000 after acquiring an additional 2,011,820 shares in the last quarter. Finally, Amundi grew its stake in shares of Robinhood Markets by 10.6% in the third quarter. Amundi now owns 4,592,764 shares of the company’s stock valued at $662,552,000 after acquiring an additional 440,899 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on HOOD shares. Piper Sandler decreased their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Mizuho upped their price target on shares of Robinhood Markets from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Citizens Jmp reiterated a “market outperform” rating and set a $155.00 price objective on shares of Robinhood Markets in a research note on Wednesday, April 29th. Argus reduced their price objective on shares of Robinhood Markets from $102.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Loop Capital set a $130.00 price objective on shares of Robinhood Markets in a research note on Monday, February 9th. Eighteen 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’s stock. According to data from MarketBeat, Robinhood Markets has an average rating of “Moderate Buy” and a consensus price target of $107.88.
Robinhood Markets Stock Up 5.1%
Shares of Robinhood Markets stock opened at $80.70 on Friday. The company has a market capitalization of $72.67 billion, a price-to-earnings ratio of 38.99, a PEG ratio of 2.51 and a beta of 2.29. Robinhood Markets, Inc. has a 12-month low of $57.68 and a 12-month high of $153.86. The firm’s 50-day moving average price is $76.56 and its two-hundred day moving average price is $99.04.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm 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 company’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.37 earnings per share. On average, sell-side analysts expect that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.
Insider Activity
In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $83.92, for a total transaction of $489,673.20. Following the sale, the chief technology officer directly owned 12,171 shares in the company, valued at $1,021,390.32. This represents a 32.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 5,436 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $85.86, for a total transaction of $466,734.96. Following the completion of the transaction, the chief financial officer directly owned 52,747 shares of the company’s stock, valued at $4,528,857.42. This trade represents a 9.34% decrease in their position. 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 sold 487,907 shares of company stock valued at $35,444,040. Company insiders own 14.47% of the company’s stock.
Key Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood reported April 2026 operating data, giving investors a fresh look at monthly business trends and showing the company is still actively growing its platform. Robinhood Markets, Inc. Reports April 2026 Operating Data
- Positive Sentiment: Robinhood continues to push into private markets with its RVII fund, which could deepen customer engagement and broaden its revenue opportunities beyond stock trading and crypto. Robinhood’s RVII Tests Retail Demand For Private Markets And HOOD Valuation
- Positive Sentiment: A federal judge rejected a bid to block prediction markets in Wisconsin, a favorable sign for Robinhood’s prediction-market-related efforts and broader expansion into event-driven trading products. Federal judge rejects tribe’s bid to oust prediction markets in Wisconsin
- Positive Sentiment: Peer moves in crypto-related stocks and a major crypto bill advancing in Congress reinforced optimism around the sector, which can benefit Robinhood because crypto trading is an important part of its growth story. Coinbase, other stocks surge as major crypto bill advances
- Neutral Sentiment: Articles comparing NMR and HOOD on valuation are largely opinion pieces, but they keep Robinhood in the spotlight as investors debate whether the stock is fairly valued after its run-up. NMR or HOOD: Which Is the Better Value Stock Right Now?
- Neutral Sentiment: Commentary that Robinhood’s crypto revenue collapsed but the broader business held up suggests some volatility in the crypto segment, though not necessarily a major threat to the overall investment thesis. Robinhood’s (HOOD) Crypto Revenue Collapsed. The Business Did Not
- Negative Sentiment: One crypto-focused report said Bullish’s earnings fell short as trading weakened, highlighting that crypto activity can be soft across the industry and may pressure brokerage-related crypto revenue at Robinhood. Bullish Earnings Fall Short As Crypto Trading Weakens
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.
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