<div id="readability-page-1"><p>Van ECK Associates Corp trimmed its holdings in shares of  Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 92.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor  owned 45,058 shares of the company's stock after selling 582,685 shares during the period. Van ECK Associates Corp's holdings in Robinhood Markets were worth $1,679,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>Robinhood Markets</strong> alerts:</span></p></div><ul><li>Robinhood: The Future Still Looks Bright Despite +300% Rise</li></ul><p>A number of other institutional investors and hedge funds have also recently modified their holdings of HOOD. Allspring Global Investments Holdings LLC lifted its holdings in shares of  Robinhood Markets by 19.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,557,301 shares of the company's stock worth $179,463,000 after purchasing an additional 739,631 shares in the last quarter.  Cigna Investments Inc. New bought a new position in shares of  Robinhood Markets in the 4th quarter worth $244,000.  Silicon Valley Capital Partners bought a new position in shares of  Robinhood Markets in the 4th quarter worth $37,000.  Savant Capital LLC lifted its holdings in shares of  Robinhood Markets by 26.2% in the 4th quarter. Savant Capital LLC now owns 64,920 shares of the company's stock worth $2,419,000 after purchasing an additional 13,482 shares in the last quarter.  Finally, Newbridge Financial Services Group Inc. bought a new position in shares of  Robinhood Markets in the 4th quarter worth $326,000. 93.27% of the stock is currently owned by institutional investors. </p><h2>Insider Transactions at Robinhood Markets</h2><p>In other news, insider Daniel Martin Gallagher, Jr. sold 50,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $60.77, for a total transaction of $3,038,500.00. Following the completion of the transaction, the insider now owns 706,642 shares in the company, valued at approximately $42,942,634.34. This represents a 6.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,876 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $37.92, for a total value of $222,817.92. Following the transaction, the chief technology officer now owns 11,752 shares of the company's stock, valued at $445,635.84. The trade was a 33.33 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,520,607 shares of company stock worth $200,784,430. 19.95% of the stock is owned by company insiders. </p><h2>Robinhood Markets Price Performance</h2><ul><li>Market Shift: These 3 Stocks Are Winning While Big Tech Lags</li></ul><p>Shares of Robinhood Markets stock opened at $51.60 on Friday. Robinhood Markets, Inc. has a 1 year low of $13.59 and a 1 year high of $66.91. The firm has a market cap of $45.61 billion, a PE ratio of 32.87, a P/E/G ratio of 1.11 and a beta of 2.13. The stock has a fifty day moving average price of $47.42 and a 200-day moving average price of $33.80. </p><p>Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.13. Robinhood Markets had a return on equity of 13.53% and a net margin of 47.81%.  As a group, equities analysts anticipate that  Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><ul><li>Ray Dalio's Bridgewater Loaded Up on These Stocks in Q4 2024</li></ul><p>HOOD has been the topic of a number of recent research reports. JMP Securities increased their target price on Robinhood Markets from $60.00 to $77.00 and gave the stock a &#34;market outperform&#34; rating in a report on Thursday, February 13th. Wolfe Research cut Robinhood Markets from an &#34;outperform&#34; rating to a &#34;peer perform&#34; rating in a report on Tuesday. Raymond James assumed coverage on Robinhood Markets in a research report on Wednesday, February 5th. They issued a &#34;market perform&#34; rating for the company. Keefe, Bruyette &amp; Woods increased their price target on Robinhood Markets from $38.00 to $60.00 and gave the company a &#34;market perform&#34; rating in a research report on Tuesday. Finally, KeyCorp increased their price target on Robinhood Markets from $57.00 to $75.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, February 13th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $59.53.</p><p><b>View Our Latest Analysis on HOOD</b></p><h2>Robinhood Markets Profile</h2> (Free Report)<p>Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Robinhood Markets</li><li>What Makes a Stock a Good Dividend Stock?</li><li>3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom</li><li>Growth Investing: Should You Adopt This Investing Strategy in 2022?</li><li>MercadoLibre: High-Growth EM Stock With 100% Upside Potential</li><li>What Are the U.K. Market Holidays? How to Invest and Trade</li><li>As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SE9PRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SE9PRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Robinhood Markets Right Now?</h2><p>Before you consider Robinhood Markets, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Robinhood Markets wasn't on the list.</p><p>While Robinhood Markets currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HOOD

<p>Van ECK Associates Corp significantly reduced its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 92.8%, selling 582,685 shares and retaining only 45,058 shares valued at $1.68 million. Other institutional investors also adjusted their holdings, with Allspring Global Investments increasing its stake by 19.4%. Insider transactions included sales by Daniel Martin Gallagher, Jr. and CTO Jeffrey Tsvi Pinner. Robinhood's stock opened at $51.60, with a market cap of $45.61 billion and a PE ratio of 32.87. Analysts have varied opinions on the stock, with target prices ranging from $60 to $77.</p>

Van ECK Associates Corp Sells 582,685 Shares of Robinhood Markets, Inc. (NASDAQ:HOOD)