TD Waterhouse Canada Inc. Sells 6,985 Shares of Robinhood Markets, Inc. $HOOD

TD Waterhouse Canada Inc. trimmed its holdings in Robinhood Markets, Inc. (NASDAQ:HOOD) by 13.8% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 43,774 shares of the company’s stock after selling 6,985 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Robinhood Markets were worth $6,100,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. North Star Investment Management Corp. increased its holdings in Robinhood Markets by 44.9% in the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after acquiring an additional 79 shares during the last quarter. First Command Advisory Services Inc. lifted its position in shares of Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after buying an additional 81 shares during the last quarter. CogentBlue Wealth Advisors LLC grew its stake in Robinhood Markets by 3.8% during the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after buying an additional 87 shares during the last quarter. ORG Partners LLC boosted its stake in shares of Robinhood Markets by 5.5% in the third quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after buying an additional 97 shares during the last quarter. Finally, Valley National Advisers Inc. boosted its position in 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. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets News Summary

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

• Positive Sentiment: Cantor Fitzgerald upgraded HOOD to a stronger buy, adding institutional endorsement that can attract model‑driven flows and support the stock. Cantor Fitzgerald Upgrade
• Positive Sentiment: Needham & Company reiterated a “Buy” rating, reaffirming Wall Street support and a constructive view on growth and margins. Needham Reiterates Buy
• Positive Sentiment: Reports say the U.S. government is considering Robinhood to help oversee millions of proposed “Trump accounts” for kids — a potential large, recurring services relationship if selected. Reuters: US Mulls Tapping Robinhood
• Positive Sentiment: Argus and other outlets are publishing bullish takes, reinforcing a constructive analyst narrative that can help sentiment. Argus Bullish
• Neutral Sentiment: CEO outlined steps to avoid another GameStop‑style trading halt, reducing operational/liquidity risk if implemented — a governance/operations positive but not an immediate revenue driver. CEO Halts Plan
• Neutral Sentiment: Coverage highlights Robinhood’s push into prediction markets (new revenue stream) and regulatory attention that could bring both rule clarity and compliance costs; long‑term upside but execution‑dependent. Prediction Markets Coverage
• Negative Sentiment: CTO Jeffrey Pinner sold 5,864 shares (disclosed Form 4), a notable insider sale that can create short‑term selling pressure and raise questions about timing/motivation. Insider Sale Filing
• Negative Sentiment: Commentary and data points show HOOD has proved volatile and recently fell more than the broader market, underscoring sensitivity to news and high beta risk for momentum‑driven investors. Zacks Volatility Note

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HOOD. Loop Capital set a $152.00 price target on shares of Robinhood Markets in a research report on Thursday, December 11th. Cantor Fitzgerald raised shares of Robinhood Markets to a “strong-buy” rating in a research note on Tuesday. Morgan Stanley raised their price target on shares of Robinhood Markets from $146.00 to $147.00 and gave the company an “equal weight” rating in a research report on Monday, December 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Finally, Argus began coverage on Robinhood Markets in a research note on Friday, January 9th. They set a “buy” rating and a $145.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $136.62.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $132.13, for a total value of $15,855,600.00. Following the completion of the transaction, the insider owned 430,012 shares in the company, valued at approximately $56,817,485.56. This represents a 21.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven M. Quirk sold 49,942 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $131.15, for a total value of $6,549,893.30. Following the sale, the insider directly owned 54,496 shares in the company, valued at approximately $7,147,150.40. This trade represents a 47.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,878,425 shares of company stock worth $358,100,808 in the last quarter. Insiders own 14.47% of the company’s stock.

Robinhood Markets Trading Down 1.7%

NASDAQ HOOD opened at $99.48 on Friday. The business’s 50-day moving average price is $118.03 and its 200 day moving average price is $119.73. The company has a market capitalization of $89.45 billion, a PE ratio of 41.28, a price-to-earnings-growth ratio of 1.58 and a beta of 2.44. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.20. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The business’s quarterly revenue was up 100.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. Equities analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Robinhood Markets Company 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.