Robinhood Markets, Inc. $HOOD is Lee Johnson Capital Management LLC’s 3rd Largest Position

Lee Johnson Capital Management LLC reduced its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 12.3% during the third quarter, HoldingsChannel.com reports. The fund owned 66,734 shares of the company’s stock after selling 9,351 shares during the quarter. Robinhood Markets comprises approximately 3.2% of Lee Johnson Capital Management LLC’s holdings, making the stock its 3rd biggest position. Lee Johnson Capital Management LLC’s holdings in Robinhood Markets were worth $9,555,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in HOOD. WCM Investment Management LLC increased its stake in Robinhood Markets by 3,615.7% in the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock worth $1,081,910,000 after acquiring an additional 11,244,182 shares during the last quarter. Norges Bank bought a new stake in Robinhood Markets in the second quarter worth $973,122,000. Kingstone Capital Partners Texas LLC purchased a new stake in Robinhood Markets during the second quarter valued at $951,479,000. Paradigm Operations LP bought a new position in Robinhood Markets during the second quarter valued at $308,979,000. Finally, Altimeter Capital Management LP purchased a new position in shares of Robinhood Markets in the 1st quarter worth $120,103,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. JMP Securities upped their target price on shares of Robinhood Markets from $130.00 to $170.00 and gave the company a “market outperform” rating in a research report on Thursday, October 9th. Compass Point reissued a “buy” rating on shares of Robinhood Markets in a research note on Monday, October 27th. CICC Research initiated coverage on Robinhood Markets in a research note on Monday, October 27th. They issued an “outperform” rating and a $155.00 price objective for the company. Loop Capital set a $152.00 target price on Robinhood Markets in a research report on Thursday, December 11th. Finally, Dbs Bank upgraded Robinhood Markets to a “moderate buy” rating in a report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and an average target price of $136.80.

Robinhood Markets Stock Down 1.7%

Shares of Robinhood Markets stock opened at $115.45 on Wednesday. Robinhood Markets, Inc. has a 52 week low of $29.66 and a 52 week high of $153.86. The company has a market capitalization of $103.81 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 2.14 and a beta of 2.43. The stock’s fifty day moving average is $127.10 and its two-hundred day moving average is $116.37.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the firm earned $0.17 earnings per share. The business’s revenue was up 100.0% on a year-over-year basis. As a group, research analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Steven M. Quirk sold 49,942 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the transaction, the insider owned 54,496 shares of the company’s stock, valued at approximately $7,147,150.40. This represents a 47.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Baiju Bhatt sold 1,330,000 shares of Robinhood Markets stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $128.47, for a total value of $170,865,100.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,936,763 shares of company stock valued at $371,050,559 over the last quarter. 19.95% of the stock is owned by corporate insiders.

More Robinhood Markets News

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

• Positive Sentiment: Zacks includes HOOD among “4 Stocks to Buy for 2026,” highlighting Robinhood as a better bet than crypto for next year, which supports continued analyst interest and retail investor optimism. Read More.
• Positive Sentiment: Multiple Zacks pieces and other analyst write-ups tout HOOD’s long-term growth drivers (founder-led strategy, new products, crypto initiatives and global expansion), reinforcing buy-side momentum and several elevated price targets. Read More.
• Positive Sentiment: Industry thesis: prediction markets are growing rapidly (potentially large TAM), which benefits incumbents like Robinhood that already have distribution and Kalshi partnership exposure. That macro opportunity underpins much of the bullish analyst narrative. Read More.
• Neutral Sentiment: DraftKings’ official launch of its Predictions product raises competitive risk for Robinhood in prediction-market-adjacent revenue, but it also validates the market and could expand overall demand; watch early adoption metrics. Read More.
• Negative Sentiment: Insider selling is extensive: QuiverQuant documents many insider sales (CEO/founders among sellers), which can weigh on sentiment and raise governance questions for some investors. Read More.
• Negative Sentiment: Needham trimmed its price target from $145 to $135 (still a buy), a modest analyst tweak that can act as a short-term drag versus the recent rally. Read More.

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.