Left Brain Wealth Management LLC Has $9.28 Million Stock Position in Robinhood Markets, Inc. $HOOD

Left Brain Wealth Management LLC cut its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,044 shares of the company’s stock after selling 6,665 shares during the quarter. Robinhood Markets accounts for about 3.2% of Left Brain Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Left Brain Wealth Management LLC’s holdings in Robinhood Markets were worth $9,279,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HOOD. Sound Income Strategies LLC raised its position in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares during the last quarter. Godsey & Gibb Inc. bought a new position in shares of Robinhood Markets during the fourth quarter worth about $28,000. Cornerstone Planning Group LLC grew its stake in Robinhood Markets by 90.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock worth $28,000 after purchasing an additional 127 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Robinhood Markets during the third quarter worth approximately $29,000. 93.27% of the stock is currently owned by institutional investors.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total value of $768,900.00. Following the completion of the sale, the insider owned 432,849 shares of the company’s stock, valued at approximately $33,281,759.61. This trade represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $83.92, for a total value of $489,673.20. Following the completion of the sale, the chief technology officer directly owned 12,171 shares of the company’s stock, valued at $1,021,390.32. This trade represents a 32.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 487,907 shares of company stock valued at $35,444,040. Company insiders own 14.47% of the company’s stock.

Robinhood Markets Stock Performance

Shares of Robinhood Markets stock opened at $77.14 on Friday. Robinhood Markets, Inc. has a 52 week low of $59.68 and a 52 week high of $153.86. The stock has a 50 day moving average price of $76.46 and a two-hundred day moving average price of $98.89. The stock has a market capitalization of $69.47 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 2.64 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the business posted $0.37 EPS. The company’s revenue was up 15.1% on a year-over-year basis. Research analysts forecast that Robinhood Markets, Inc. will post 1.86 EPS for the current year.

Robinhood Markets News Summary

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

• Positive Sentiment: April 2026 trading data showed higher equity and options activity, while platform assets jumped 49% year over year to $345.4 billion, signaling continued user engagement and growth for Robinhood. Article Title
• Positive Sentiment: The Senate Banking Committee advanced the Digital Asset Clarity Act, which could reduce regulatory uncertainty around crypto trading and is viewed as a constructive development for Robinhood’s crypto business. Article Title
• Positive Sentiment: Tiger Global Management disclosed a new first-quarter position in Robinhood in its latest 13-F filing, which may be seen as a vote of confidence from a major hedge fund. Article Title
• Neutral Sentiment: Robinhood’s exchange Rothera self-certified its first prediction market contracts, adding another product area that could broaden the platform over time. Article Title
• Negative Sentiment: Crypto-related stocks, including Robinhood, lost momentum as the initial rally tied to crypto legislation faded and investors refocused on broader market and digital asset risks. Article Title

Wall Street Analyst Weigh In

Several research firms recently commented on HOOD. Keefe, Bruyette & Woods decreased their target price on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research note on Wednesday, April 29th. Citizens Jmp reaffirmed a “market outperform” rating and set a $155.00 target price on shares of Robinhood Markets in a research note on Wednesday, April 29th. Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Needham & Company LLC decreased their target price on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho raised their target price on Robinhood Markets from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Eighteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus price target of $107.88.

About Robinhood Markets

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.