<div id="readability-page-1"><p>Evergreen Capital Management LLC grew its stake in shares of  Robinhood Markets, Inc. (NASDAQ:HOOD - Free Report) by 117.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,680 shares of the company's stock after buying an additional 48,389 shares during the period. Evergreen Capital Management LLC's holdings in Robinhood Markets were worth $8,397,000 as of its most recent filing with the Securities and Exchange Commission.</p><div><p><span></span><span>Get <strong>Robinhood Markets</strong> alerts:</span></p></div><ul><li>Why Are Insiders Are Dumping Shares of Robinhood, Stryker, and Mercury Systems?</li></ul><p>Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WCM Investment Management LLC increased its stake in shares of  Robinhood Markets by 3,615.7% during the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company's stock worth $1,081,910,000 after purchasing an additional 11,244,182 shares during the last quarter.  Norges Bank acquired a new stake in  Robinhood Markets during the 2nd quarter worth approximately $973,122,000.  Kingstone Capital Partners Texas LLC acquired a new stake in shares of  Robinhood Markets in the 2nd quarter worth about $951,479,000.  Paradigm Operations LP purchased a new stake in shares of  Robinhood Markets in the second quarter valued at about $308,979,000.  Finally, Altimeter Capital Management LP bought a new position in shares of  Robinhood Markets during the 1st quarter worth approximately $120,103,000. 93.27% of the stock is currently owned by institutional investors. </p><h2>Insider Activity at Robinhood Markets</h2><p>In related news, Director Baiju Bhatt sold 1,330,000 shares of the stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $128.47, for a total transaction of $170,865,100.00. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Quirk sold 49,942 shares of the company's stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total value of $6,549,893.30. Following the transaction, the insider directly owned 54,496 shares of the company's stock, valued at approximately $7,147,150.40. This trade represents a 47.82% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,686,763 shares of company stock valued at $475,858,262. Insiders own  14.47% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><ul><li>Is Robinhood's 11% Post-Earnings Fall a Buy-the-Dip Opportunity?</li></ul><p>Several research firms recently commented on HOOD. Piper Sandler  reissued an &#34;overweight&#34; rating on shares of Robinhood Markets in a research note on Wednesday, November 26th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Robinhood Markets in a research note on Monday, December 8th. Barclays upped their price objective on shares of Robinhood Markets from $168.00 to $171.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday. Cantor Fitzgerald lowered their price target on shares of Robinhood Markets from $155.00 to $152.00 and set an &#34;overweight&#34; rating on the stock in a research report on Thursday. Finally, Compass Point  reissued a &#34;buy&#34; rating on shares of Robinhood Markets in a research report on Monday, October 27th. One analyst  has rated the stock with a Strong Buy rating, fourteen have assigned  a Buy rating, seven have given a Hold rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $136.32.</p><p><b>Read Our Latest Stock Analysis on Robinhood Markets</b></p><h2>Robinhood Markets Stock Down 3.1%</h2><ul><li>Robinhood Up 12%—Could Prediction Markets Be Its Secret Weapon?</li></ul><p>Shares of NASDAQ:HOOD opened at $119.50 on Friday. The company's 50-day moving average price is $132.04 and its 200 day moving average price is $112.04. The company has a market cap of $107.45 billion, a PE ratio of 49.59, a P/E/G ratio of 2.40 and a beta of 2.43. Robinhood Markets, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. </p><p>Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.20. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%.The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm posted $0.17 earnings per share. The firm's revenue for the quarter was up 100.0% compared to the same quarter last year.  As a group, equities analysts anticipate that  Robinhood Markets, Inc. will post 1.35 EPS for the current year. </p><h2>Robinhood Markets Company 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 Stories</h2><ul><li>Five stocks we like better than Robinhood Markets</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Following Congress Stock Trades</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</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 reporting and unbiased coverage. 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>Evergreen Capital Management LLC increased its stake in Robinhood Markets, Inc. by 117.2% in Q2, purchasing an additional 48,389 shares. The fund now owns 89,680 shares worth $8.4 million. Other institutional investors also adjusted their holdings. Insiders sold 3.7 million shares recently. Analysts have mixed ratings on the stock, with an average target price of $136.32. Robinhood's stock is currently at $119.50, with a market cap of $107.45 billion.</p>

Evergreen Capital Management LLC Purchases 48,389 Shares of Robinhood Markets, Inc. $HOOD