California State Teachers Retirement System Sells 6,407 Shares of Robinhood Markets, Inc. $HOOD

California State Teachers Retirement System lowered its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,122,755 shares of the company’s stock after selling 6,407 shares during the period. California State Teachers Retirement System’s holdings in Robinhood Markets were worth $77,807,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of HOOD. Truist Financial Corp grew its position in Robinhood Markets by 88.9% in the fourth quarter. Truist Financial Corp now owns 145,489 shares of the company’s stock worth $16,455,000 after acquiring an additional 68,458 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Robinhood Markets by 86.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 100,849 shares of the company’s stock valued at $11,406,000 after purchasing an additional 46,688 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Robinhood Markets by 196.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 722,857 shares of the company’s stock worth $81,755,000 after purchasing an additional 478,919 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its position in shares of Robinhood Markets by 100.0% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 60,000 shares of the company’s stock valued at $6,786,000 after purchasing an additional 30,000 shares during the last quarter. Finally, Swiss Life Asset Management Ltd boosted its stake in Robinhood Markets by 107.8% in the fourth quarter. Swiss Life Asset Management Ltd now owns 272,604 shares of the company’s stock worth $30,832,000 after buying an additional 141,440 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Piper Sandler reiterated an “overweight” rating on shares of Robinhood Markets in a research report on Thursday, July 2nd. Mizuho upped their price objective on shares of Robinhood Markets from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Keefe, Bruyette & Woods reduced their target price on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a report on Wednesday, April 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $110.00 target price on shares of Robinhood Markets in a research report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Twenty-one research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $122.22.

Robinhood Markets Price Performance

NASDAQ HOOD opened at $89.84 on Thursday. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $153.86. The stock has a market capitalization of $80.90 billion, a PE ratio of 43.40, a PEG ratio of 1.87 and a beta of 2.33. The business’s 50-day moving average is $97.55 and its 200 day moving average is $87.84.

Robinhood Markets (NASDAQ:HOOD) last posted its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.18. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business’s revenue was up 32.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.42 earnings per share. As a group, equities research analysts anticipate that Robinhood Markets, Inc. will post 1.95 earnings per share for the current year.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Second-quarter revenue rose 32% year over year to a record $1.31 billion, exceeding the $1.29 billion consensus estimate. Diluted earnings per share increased 48% to $0.62, beating analyst expectations of approximately $0.41-$0.44 and rising from $0.42 a year earlier. Robinhood Reports Second Quarter 2026 Results
• Positive Sentiment: Strong market volatility drove higher trading activity, supporting profitability. Robinhood also reported record net deposits of $22 billion, 4.8 million Gold subscribers and 13 business lines generating at least $100 million in annualized revenue, suggesting broader diversification beyond its core brokerage business. Robinhood quarterly profit rises on strong trading activity
• Positive Sentiment: Analysts have raised price targets and maintain generally favorable views of HOOD, with a reported consensus rating of “Moderate Buy” and average target price of $122.22. Expectations center on user growth, new products and expansion into crypto and prediction markets. Analysts hike Robinhood stock price target
• Neutral Sentiment: Robinhood is expanding its blockchain, tokenized-stock and prediction-market offerings, including a reported potential partnership with Crypto.com. These initiatives could create new revenue streams, but adoption and regulatory outcomes remain uncertain. Robinhood Eyes Crypto.com Partnership
• Negative Sentiment: Concerns remain that fading memecoin interest is weighing on Robinhood Chain trading volumes, potentially pressuring crypto-related revenue. HOOD’s high valuation also leaves less room for disappointment regarding expenses or management’s outlook. Robinhood Chain’s Trading Volumes Slump
• Negative Sentiment: Director Baiju Bhatt sold roughly $4.7 million of HOOD shares under a pre-arranged Rule 10b5-1 plan. The planned nature limits its significance, but the sale may still weigh on sentiment. Separately, CEO Vlad Tenev’s hacked X account raises reputational and security concerns, although the account was restored and the fraudulent post removed. Robinhood CEO Vlad Tenev says X account was hacked

Insiders Place Their Bets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $116.14, for a total transaction of $1,161,400.00. Following the transaction, the insider directly owned 471,396 shares of the company’s stock, valued at approximately $54,747,931.44. The trade was a 2.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 49,223 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $95.09, for a total transaction of $4,680,615.07. 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 quarter, insiders have purchased 680,000 shares of company stock valued at $55,306,560 and have sold 631,263 shares valued at $66,793,857. 13.48% of the stock is currently owned by insiders.

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.