---
title: "Pekin Hardy Strauss Inc. Grows Stake in Robinhood Markets, Inc. $HOOD"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264978576.md"
description: "Pekin Hardy Strauss Inc. has increased its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 33.3% in Q2, now owning 8,000 shares valued at $749,000. Other institutional investors have also boosted their positions. Robinhood's stock opened at $130.36, with a market cap of $115.85 billion. The company reported $0.61 EPS, exceeding estimates, and revenue of $1.27 billion, up 100% year-over-year. Insider trading activity includes significant sales by CEO Vladimir Tenev and others. Analysts have raised price targets, with Goldman Sachs setting a target of $152.00 and maintaining a \"buy\" rating."
datetime: "2025-11-08T11:32:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264978576.md)
  - [en](https://longbridge.com/en/news/264978576.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264978576.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/264978576.md) | [繁體中文](https://longbridge.com/zh-HK/news/264978576.md)


# Pekin Hardy Strauss Inc. Grows Stake in Robinhood Markets, Inc. $HOOD

Pekin Hardy Strauss Inc. increased its position in shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 33.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,000 shares of the company's stock after purchasing an additional 2,000 shares during the quarter. Pekin Hardy Strauss Inc.'s holdings in Robinhood Markets were worth $749,000 as of its most recent filing with the SEC.

Get **Robinhood Markets** alerts:

-   Is Robinhood's 11% Post-Earnings Fall a Buy-the-Dip Opportunity?

Several other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its position in shares of Robinhood Markets by 124.0% in the 1st quarter. Principal Financial Group Inc. now owns 261,457 shares of the company's stock worth $10,882,000 after buying an additional 144,725 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new position in Robinhood Markets during the 1st quarter valued at about $408,000. Envestnet Asset Management Inc. raised its position in Robinhood Markets by 30.0% during the first quarter. Envestnet Asset Management Inc. now owns 328,511 shares of the company's stock worth $13,673,000 after acquiring an additional 75,745 shares during the last quarter. TD Private Client Wealth LLC lifted its holdings in shares of Robinhood Markets by 184.4% in the first quarter. TD Private Client Wealth LLC now owns 1,829 shares of the company's stock valued at $76,000 after purchasing an additional 1,186 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of Robinhood Markets by 12.1% in the first quarter. M&T Bank Corp now owns 34,042 shares of the company's stock valued at $1,417,000 after purchasing an additional 3,663 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company's stock.

## Robinhood Markets Price Performance

Shares of HOOD stock opened at $130.36 on Friday. The firm's 50-day simple moving average is $130.11 and its 200-day simple moving average is $99.54. Robinhood Markets, Inc. has a 1-year low of $29.21 and a 1-year high of $153.86. The firm has a market cap of $115.85 billion, a P/E ratio of 54.09, a PEG ratio of 3.22 and a beta of 2.42.

-   Robinhood Up 12%—Could Prediction Markets Be Its Secret Weapon?

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.20. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 22.13%. Robinhood Markets's revenue was up 100.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 earnings per share. Analysts expect that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

## Insider Activity at Robinhood Markets

In related news, CEO Vladimir Tenev sold 750,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $139.73, for a total value of $104,797,500.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Quirk sold 48,350 shares of Robinhood Markets stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $140.61, for a total value of $6,798,493.50. Following the completion of the transaction, the insider owned 70,279 shares in the company, valued at $9,881,930.19. The trade was a 40.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 3,385,742 shares of company stock worth $403,923,453. 14.47% of the stock is owned by corporate insiders.

## Analyst Ratings Changes

-   4 Stocks Set to Benefit From the PDT Rule Change

HOOD has been the subject of several research reports. The Goldman Sachs Group lifted their price objective on Robinhood Markets from $134.00 to $152.00 and gave the stock a "buy" rating in a research report on Tuesday, September 30th. Citigroup raised their price target on Robinhood Markets from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 23rd. Compass Point restated a "buy" rating on shares of Robinhood Markets in a research report on Monday, October 27th. Citizens Jmp increased their price objective on Robinhood Markets from $170.00 to $180.00 and gave the company a "market outperform" rating in a research note on Friday. Finally, Needham & Company LLC boosted their target price on shares of Robinhood Markets from $120.00 to $145.00 and gave the company a "buy" rating in a research note on Tuesday, September 30th. Fourteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $132.65.

**Get Our Latest Analysis on HOOD**

## Robinhood Markets Company Profile

(Free Report)

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.

## See Also

-   Five stocks we like better than Robinhood Markets
-   What is a buyback in stocks? A comprehensive guide for investors
-   OpenAI's Restructuring Sets up What Could Be the Biggest IPO Ever
-   Canadian Penny Stocks: Can They Make You Rich?
-   2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
-   Conference Calls and Individual Investors
-   CrowdStrike Partners With CoreWeave But Investors Sell the News

_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

## Should You Invest $1,000 in Robinhood Markets Right Now?

Before you consider Robinhood Markets, you'll want to hear this.

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.

While Robinhood Markets currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

### Related Stocks

- [Robinhood Markets, Inc. (HOOD.US)](https://longbridge.com/en/quote/HOOD.US.md)

## Related News & Research

- [Robinhood Stock Gains Backing as Barclays Analyst Forecasts 90% Upside on 'an Ambitious Growth Roadmap'](https://longbridge.com/en/news/281177304.md)
- [Huge, Unusual Put Action in Robinhood Stock - A Sign That HOOD Has Bottomed?](https://longbridge.com/en/news/281224847.md)
- [Casa Minerals Inc. Engages Independent Trading Group as Market Maker | CASXF Stock News](https://longbridge.com/en/news/281233767.md)
- [Fluent Inc. Bets on Commerce Media Pivot](https://longbridge.com/en/news/281269882.md)
- [Fort Washington Investment Advisors Inc. OH Lowers Holdings in Kinetik Holdings Inc. $KNTK](https://longbridge.com/en/news/280904625.md)