7,546 Shares in Robinhood Markets, Inc. (NASDAQ:HOOD) Bought by Windmill Hill Asset Management Ltd

Windmill Hill Asset Management Ltd bought a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,546 shares of the company’s stock, valued at approximately $281,000. Robinhood Markets accounts for 0.3% of Windmill Hill Asset Management Ltd’s holdings, making the stock its 23rd largest position.

Other institutional investors have also bought and sold shares of the company. New Wave Wealth Advisors LLC acquired a new position in shares of Robinhood Markets in the 4th quarter valued at about $26,000. HM Payson & Co. increased its holdings in Robinhood Markets by 53.5% in the third quarter. HM Payson & Co. now owns 1,176 shares of the company’s stock worth $28,000 after purchasing an additional 410 shares in the last quarter. Eastern Bank acquired a new position in Robinhood Markets in the third quarter valued at approximately $30,000. True Wealth Design LLC acquired a new position in Robinhood Markets in the third quarter valued at approximately $30,000. Finally, ORG Wealth Partners LLC bought a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $33,000. Institutional investors own 93.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HOOD. KeyCorp boosted their target price on shares of Robinhood Markets from $50.00 to $57.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Morgan Stanley upped their price objective on shares of Robinhood Markets from $55.00 to $64.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Needham & Company LLC restated a “buy” rating and issued a $52.00 target price (up from $40.00) on shares of Robinhood Markets in a research note on Monday, December 9th. Sanford C. Bernstein upped their price target on Robinhood Markets from $30.00 to $51.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded Robinhood Markets from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $20.00 to $43.00 in a report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.67.

Robinhood Markets Price Performance

Shares of HOOD stock opened at $53.17 on Friday. Robinhood Markets, Inc. has a one year low of $10.64 and a one year high of $54.88. The company has a market cap of $47.00 billion, a P/E ratio of 90.12, a P/E/G ratio of 0.70 and a beta of 2.13. The firm has a 50-day moving average of $43.13 and a 200-day moving average of $30.91.

Insider Buying and Selling at Robinhood Markets

In related news, Director Meyer Malka sold 1,535,681 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $40.11, for a total value of $61,596,164.91. Following the transaction, the director now directly owns 4,974,238 shares of the company’s stock, valued at approximately $199,516,686.18. The trade was a 23.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 300,000 shares of Robinhood Markets stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $37.51, for a total transaction of $11,253,000.00. Following the completion of the sale, the insider now directly owns 806,955 shares in the company, valued at approximately $30,268,882.05. This represents a 27.10 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,857,561 shares of company stock worth $159,976,719. Insiders own 19.95% of the company’s stock.

Robinhood Markets Profile

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.