<div id="readability-page-1"><p>Meiji Yasuda Asset Management Co Ltd. acquired a new stake in  Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,900 shares of the company's stock, valued at approximately $257,000.</p><div><p><span></span><span>Get <strong>Robinhood Markets</strong> alerts:</span></p></div><ul><li>From Trading to Checking Accounts: Robinhood's Big Bet on Banking</li></ul><p>A number of other institutional investors have also modified their holdings of HOOD. New Wave Wealth Advisors LLC purchased a new stake in  Robinhood Markets during the 4th quarter worth $26,000.  Creative Financial Designs Inc. ADV grew its stake in shares of  Robinhood Markets by 750.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 850 shares of the company's stock valued at $32,000 after buying an additional 750 shares in the last quarter.  Silicon Valley Capital Partners purchased a new stake in shares of  Robinhood Markets during the 4th quarter valued at about $37,000.  Bogart Wealth LLC acquired a new position in  Robinhood Markets during the 4th quarter worth approximately $37,000.  Finally, Spire Wealth Management boosted its holdings in  Robinhood Markets by 104.6% in the 4th quarter. Spire Wealth Management now owns 1,074 shares of the company's stock worth $40,000 after acquiring an additional 549 shares during the period. Hedge funds and other institutional investors own  93.27% of the company's stock. </p><h2>Robinhood Markets Price Performance</h2><p>Robinhood Markets stock opened at $41.92 on Friday. Robinhood Markets, Inc. has a 12 month low of $13.98 and a 12 month high of $66.91. The company has a fifty day moving average price of $49.16 and a two-hundred day moving average price of $38.06. The company has a market cap of $37.12 billion, a PE ratio of 26.70, a P/E/G ratio of 1.05 and a beta of 2.14. </p><ul><li>Robinhood's Rally: Is Global Expansion the Next Big Catalyst?</li></ul><p>Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.41 by $0.13. Robinhood Markets had a net margin of 47.81% and a return on equity of 13.53%.  Equities research analysts anticipate that  Robinhood Markets, Inc. will post 1.35 earnings per share for the current year. </p><h2>Analysts Set New Price Targets</h2><p>A number of analysts have recently issued reports on HOOD shares. Needham &amp; Company LLC dropped their price objective on shares of Robinhood Markets from $70.00 to $62.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday. Barclays boosted their price objective on shares of Robinhood Markets from $54.00 to $76.00 and gave the stock an &#34;overweight&#34; rating in a report on Thursday, February 13th. Mizuho raised their target price on Robinhood Markets from $60.00 to $65.00 and gave the company an &#34;outperform&#34; rating in a research note on Friday, February 7th. Cantor Fitzgerald assumed coverage on Robinhood Markets in a research note on Thursday, March 6th. They issued an &#34;overweight&#34; rating and a $69.00 price target on the stock. Finally, JMP Securities raised their price objective on Robinhood Markets from $60.00 to $77.00 and gave the company a &#34;market outperform&#34; rating in a research note on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $60.82.</p><ul><li>Robinhood: The Future Still Looks Bright Despite +300% Rise</li></ul><p><b>Check Out Our Latest Stock Analysis on Robinhood Markets</b></p><h2>Insider Activity</h2><p>In other Robinhood Markets news, CEO Vladimir Tenev sold 750,000 shares of the firm's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $39.16, for a total value of $29,370,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Baiju Bhatt sold 522,180 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $62.70, for a total transaction of $32,740,686.00. Following the transaction, the director now owns 5,042 shares of the company's stock, valued at $316,133.40. This represents a 99.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,955,655 shares of company stock valued at $143,072,448. 19.95% of the stock is currently owned by insiders. </p><h2>About Robinhood Markets</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>See Also</h2><ul><li>Five stocks we like better than Robinhood Markets</li><li>How to Find Undervalued Stocks</li><li>Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback</li><li>What is a penny stock? A comprehensive guide</li><li>JPMorgan: The 'NVIDIA of Banking' Poised for More Gains?</li><li>How to Short Nasdaq: An Easy-to-Follow Guide</li><li>Buy the Chewy Stock Reversal? Here’s Why Now Is the Time</li></ul><p><strong>Want to see what other hedge funds are holding HOOD?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report).</p><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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HOOD

<p>Meiji Yasuda Asset Management Co Ltd. has made a new investment of approximately $257,000 in Robinhood Markets, Inc. (NASDAQ:HOOD), acquiring 6,900 shares during the 4th quarter. Other institutional investors have also increased their stakes in Robinhood. The company's stock opened at $41.92, with a market cap of $37.12 billion and a PE ratio of 26.70. Analysts have set various price targets for the stock, with a consensus rating of "Moderate Buy" and an average target price of $60.82.</p>

Meiji Yasuda Asset Management Co Ltd. Makes New $257,000 Investment in Robinhood Markets, Inc. (NASDAQ:HOOD)