<div id="readability-page-1"><p>Centiva Capital LP purchased a new stake in shares of  Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 53,707 shares of the company's stock, valued at approximately $2,001,000.</p><div><p><span></span><span>Get <strong>Robinhood Markets</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 04/28 - 05/02</li></ul><p>Several other institutional investors and hedge funds also recently added to or reduced their stakes in HOOD. FMR LLC grew its holdings in shares of  Robinhood Markets by 184.8% during the 4th quarter. FMR LLC now owns 40,237,478 shares of the company's stock worth $1,499,248,000 after purchasing an additional 26,107,934 shares during the period.  Geode Capital Management LLC increased its position in shares of  Robinhood Markets by 4.8% in the fourth quarter. Geode Capital Management LLC now owns 12,175,972 shares of the company's stock worth $455,464,000 after acquiring an additional 555,299 shares in the last quarter.  Renaissance Technologies LLC raised its stake in shares of  Robinhood Markets by 34.4% in the 4th quarter. Renaissance Technologies LLC now owns 12,078,116 shares of the company's stock valued at $450,031,000 after acquiring an additional 3,091,514 shares during the period.  Norges Bank acquired a new position in shares of  Robinhood Markets during the 4th quarter valued at $329,598,000.  Finally, GQG Partners LLC purchased a new stake in  Robinhood Markets during the 4th quarter worth $302,325,000. 93.27% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Insider Activity</h2><p>In other news, insider Daniel Martin Gallagher, Jr. sold 50,000 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $60.77, for a total value of $3,038,500.00. Following the transaction, the insider now owns 706,642 shares of the company's stock, valued at $42,942,634.34. The trade was a 6.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Baiju Bhatt sold 90,866 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $55.34, for a total transaction of $5,028,524.44. Following the sale, the director now directly owns 5,042 shares of the company's stock, valued at approximately $279,024.28. This represents a 94.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,309,593 shares of company stock worth $113,525,021. 19.95% of the stock is owned by company insiders. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Markets Think Robinhood Earnings Could Send the Stock Up</li></ul><p>A number of research analysts have commented on HOOD shares. Compass Point assumed coverage on Robinhood Markets in a research note on Wednesday, March 19th. They set a &#34;buy&#34; rating and a $61.00 price objective on the stock. Piper Sandler upped their price target on Robinhood Markets from $54.00 to $75.00 and gave the stock an &#34;overweight&#34; rating in a report on Thursday, February 13th. Barclays dropped their price objective on shares of Robinhood Markets from $76.00 to $45.00 and set an &#34;overweight&#34; rating on the stock in a research note on Monday, April 7th. Cantor Fitzgerald lowered their price target on shares of Robinhood Markets from $62.00 to $60.00 and set an &#34;overweight&#34; rating for the company in a report on Thursday, May 1st. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Robinhood Markets from $75.00 to $61.00 and set a &#34;buy&#34; rating on the stock in a report on Wednesday, March 12th. Six investment analysts have rated the stock with a hold rating and twelve have issued  a buy rating to the company. According to MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $53.24.</p><p><b>View Our Latest Report on Robinhood Markets</b></p><h2>Robinhood Markets Stock Up 1.6 %</h2><ul><li>Robinhood Strategies Could Be a Game-Changer for Young Investors</li></ul><p>HOOD opened at $48.82 on Wednesday. The firm has a market cap of $43.22 billion, a price-to-earnings ratio of 31.09, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. Robinhood Markets, Inc. has a fifty-two week low of $13.98 and a fifty-two week high of $66.91. The company's 50-day moving average price is $43.07 and its 200 day moving average price is $41.96. </p><p>Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.04). The firm had revenue of $927.00 million during the quarter, compared to the consensus estimate of $917.12 million. Robinhood Markets had a return on equity of 13.53% and a net margin of 47.81%. Robinhood Markets's revenue for the quarter was up 50.0% on a year-over-year basis. During the same quarter last year, the company posted $0.18 EPS.  Research analysts anticipate that  Robinhood Markets, Inc. will post 1.35 earnings per share for the current year. </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>See Also</h2><ul><li>Five stocks we like better than Robinhood Markets</li><li>There Are Different Types of Stock To Invest In</li><li>3 Mid-Cap Medical Stocks Outperforming the Market</li><li>What is MarketRank™? How to Use it</li><li>The Top-Ranked Insider Buys From April by Market Cap</li><li>Consumer Discretionary Stocks Explained</li><li>Is Eli Lilly a Buy After Weak Earnings and CVS-Novo Partnership?</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 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>Centiva Capital LP acquired 53,707 shares of Robinhood Markets, Inc. (NASDAQ:HOOD) valued at approximately $2 million in Q4, as reported in its Form 13F filing. Other institutional investors also increased their stakes, with FMR LLC growing its holdings by 184.8%. Insider sales included 50,000 shares sold by Daniel Martin Gallagher, Jr. and 90,866 shares by Baiju Bhatt. Analysts have mixed ratings on HOOD, with a consensus of "Moderate Buy" and an average price target of $53.24. Robinhood's stock opened at $48.82, with a market cap of $43.22 billion.</p>

53,707 Shares in Robinhood Markets, Inc. (NASDAQ:HOOD) Bought by Centiva Capital LP