Ilmarinen Mutual Pension Insurance Co Boosts Position in Robinhood Markets, Inc. $HOOD

Posted by Brenda Bartman on May 29th, 2026

Ilmarinen Mutual Pension Insurance Co lifted its stake in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 17.6% during the 4th quarter, Holdings Channel reports. The fund owned 120,000 shares of the company’s stock after buying an additional 18,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Robinhood Markets were worth $13,572,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Robinhood Markets by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock worth $10,831,756,000 after acquiring an additional 1,334,443 shares during the period. State Street Corp raised its holdings in shares of Robinhood Markets by 103.2% during the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after acquiring an additional 16,375,734 shares during the period. Geode Capital Management LLC raised its holdings in shares of Robinhood Markets by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock worth $2,386,944,000 after acquiring an additional 356,902 shares during the period. Invesco Ltd. raised its holdings in shares of Robinhood Markets by 25.3% during the 3rd quarter. Invesco Ltd. now owns 6,191,123 shares of the company’s stock worth $886,445,000 after acquiring an additional 1,248,590 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Robinhood Markets by 48.5% during the 3rd quarter. Northern Trust Corp now owns 6,157,337 shares of the company’s stock worth $881,608,000 after acquiring an additional 2,011,820 shares during the period. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Buying and Selling

In other Robinhood Markets news, Director Baiju Bhatt sold 67,422 shares of Robinhood Markets stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total value of $5,082,270.36. The transaction was disclosed in a filing 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, CTO Jeffrey Tsvi Pinner sold 5,835 shares of Robinhood Markets stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $407,574.75. Following the completion of the transaction, the chief technology officer directly owned 18,006 shares of the company’s stock, valued at approximately $1,257,719.10. This represents a 24.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 560,765 shares of company stock worth $40,946,840 over the last 90 days. 14.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on HOOD shares. Jefferies Financial Group reduced their price target on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Citizens Jmp restated a “market outperform” rating and issued a $155.00 price objective on shares of Robinhood Markets in a report on Thursday. Needham & Company LLC reduced their price objective on shares of Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Zacks Research lowered shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Finally, Piper Sandler reduced their price objective on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Nineteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

Check Out Our Latest Stock Report on Robinhood Markets

Robinhood Markets Price Performance

NASDAQ HOOD opened at $84.84 on Friday. The company has a market cap of $76.40 billion, a P/E ratio of 40.99, a P/E/G ratio of 2.38 and a beta of 2.29. The stock has a 50-day moving average of $76.24 and a two-hundred day moving average of $94.51. Robinhood Markets, Inc. has a 1-year low of $62.92 and a 1-year high of $153.86.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The business’s revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 earnings per share. On average, analysts anticipate that Robinhood Markets, Inc. will post 1.83 EPS for the current fiscal year.

More Robinhood Markets News

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

Positive Sentiment: Robinhood launched a new “Trump Accounts” app tied to the federal program for newborn investment accounts, which could introduce millions of future customers to the platform and deepen its long-term user base. Trump Accounts Are Seeding Robinhood with Millions of Customers
Positive Sentiment: Robinhood also rolled out AI-agent trading and spending features, letting users connect tools like Claude and Cursor to trade stocks and make credit-card purchases, which investors may see as a product innovation that can drive engagement and account growth. Robinhood stock rises after the company allows AI agents for trading and credit card purchases
Positive Sentiment: Analysts remained constructive, with Citizens JMP reaffirming an outperform rating and a $155 price target, reinforcing bullish expectations for upside from current levels. Benzinga report on Citizens JMP price target
Positive Sentiment: Unusually heavy call-option buying suggested traders were positioning for further gains, adding to the momentum behind HOOD.
Neutral Sentiment: Robinhood said it will present at the Piper Sandler Global Exchange and Fintech Conference on June 4, which keeps the company in front of investors but does not change fundamentals by itself. Robinhood Markets, Inc. to Present at the Piper Sandler Global Exchange and Fintech Conference on June 4, 2026
Neutral Sentiment: Broader market news showed financial stocks softening late in the day, which may have offset some of HOOD’s gains. Sector Update: Financial Stocks Decline Late Afternoon
Negative Sentiment: Some coverage raised caution about the new AI-trading tools, citing risks around errors, fraud, and regulation if customers let software trade or spend on their behalf. HOOD Brings AI Agents to Trading and Spending: Opportunity or Risk?

About Robinhood Markets

(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.