Public Employees Retirement System of Ohio Purchases New Position in Robinhood Markets, Inc. $HOOD

Public Employees Retirement System of Ohio acquired a new position in Robinhood Markets, Inc. (NASDAQ:HOODFree Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 226,276 shares of the company’s stock, valued at approximately $22,691,000.

Other institutional investors also recently bought and sold shares of the company. State Street Corp raised its position in Robinhood Markets by 2.7% during the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after purchasing an additional 875,297 shares in the last quarter. Geode Capital Management LLC grew its position 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 buying an additional 356,902 shares in the last quarter. Morgan Stanley increased its stake in shares of Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after buying an additional 2,061,832 shares during the period. Norges Bank purchased a new position in shares of Robinhood Markets during the fourth quarter valued at $1,202,160,000. Finally, Invesco Ltd. raised its holdings in shares of Robinhood Markets by 12.7% in the fourth quarter. Invesco Ltd. now owns 6,975,556 shares of the company’s stock valued at $788,935,000 after acquiring an additional 784,433 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Robinhood Markets Price Performance

Shares of HOOD stock opened at $104.26 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86. The firm has a market capitalization of $93.74 billion, a price-to-earnings ratio of 45.93, a PEG ratio of 1.90 and a beta of 2.35. The stock’s 50-day simple moving average is $101.46 and its 200-day simple moving average is $87.10.

Robinhood Markets (NASDAQ:HOODGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the company posted $0.42 earnings per share. The business’s quarterly revenue was up 32.5% on a year-over-year basis. As a group, equities analysts forecast that Robinhood Markets, Inc. will post 2.04 earnings per share for the current fiscal year.

Robinhood Markets News Roundup

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

  • Positive Sentiment: Robinhood’s shares have benefited from strong post-earnings momentum. Analysts continue to assess whether record revenue, asset inflows and an expanding product ecosystem can support further gains after the company’s latest results exceeded expectations. Robinhood Markets Up Since Last Earnings Report
  • Positive Sentiment: The broader retail-trading bid has remained supportive for brokerage stocks, with Webull’s rally indicating continued investor interest in the sector. That trend could help Robinhood’s trading activity and transaction-based revenue. Webull Surges as Retail Trading Bid Extends
  • Neutral Sentiment: Recent analysis describes Robinhood’s setup as potentially favorable but recommends patience, reflecting uncertainty over whether earnings growth can justify the stock’s elevated valuation. Robinhood’s Setup Is Starting to Look Favorable
  • Negative Sentiment: Robinhood, Kalshi and Crypto.com lost appeals seeking injunctive relief against the Nevada Gaming Control Board. The ruling may complicate Robinhood’s prediction-market operations in Nevada and raises regulatory uncertainty around its expansion into event contracts. Robinhood and Kalshi issued responses, but the decision remains an overhang for the stock. Robinhood and Others Lose Appeals Against Nevada Gaming Control Board
  • Negative Sentiment: Although Robinhood recently reported earnings and revenue above consensus, analysts caution that its steep share-price appreciation and premium valuation leave limited room for weaker growth or execution setbacks. Strong Growth, Steep Price: Is Robinhood Stock Still Attractive?

Insider Activity at Robinhood Markets

In other Robinhood Markets news, Director Paula Loop sold 8,336 shares of Robinhood Markets stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $120.00, for a total value of $1,000,320.00. Following the completion of the transaction, the director owned 63,674 shares of the company’s stock, valued at approximately $7,640,880. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,317 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $96.80, for a total value of $4,870,685.60. 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 have sold 612,704 shares of company stock valued at $66,675,612 in the last quarter. 13.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

HOOD has been the topic of several recent research reports. Loop Capital set a $105.00 target price on shares of Robinhood Markets in a report on Thursday, July 30th. The Goldman Sachs Group reduced their price target on shares of Robinhood Markets from $137.00 to $118.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Argus upped their price target on shares of Robinhood Markets from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft increased their price objective 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, Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a report on Wednesday, June 24th. Twenty-one equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $120.52.

View Our Latest Analysis on HOOD

Robinhood Markets 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.

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Institutional Ownership by Quarter for Robinhood Markets (NASDAQ:HOOD)

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