Victory Capital Management Inc. increased its stake in Robinhood Markets, Inc. ( NASDAQ:HOOD – Free Report ) by 85.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 117,383 shares of the company’s stock after buying an additional 54,046 shares during the quarter. Victory Capital Management Inc.’s holdings in Robinhood Markets were worth $2,749,000 as of its most recent filing with the SEC. Several other hedge funds also recently made changes to their positions in HOOD. Allspring Global Investments Holdings LLC grew its position in shares of Robinhood Markets by 1,211,858.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,817,670 shares of the company’s stock valued at $89,410,000 after purchasing an additional 3,817,355 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Robinhood Markets by 37.7% in the second quarter. Renaissance Technologies LLC now owns 7,651,700 shares of the company’s stock valued at $173,770,000 after purchasing an additional 2,094,800 shares in the last quarter. Sparta 24 Ltd. grew its position in shares of Robinhood Markets by 905.8% in the third quarter. Sparta 24 Ltd. now owns 1,625,158 shares of the company’s stock valued at $38,061,000 after purchasing an additional 1,463,578 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Robinhood Markets by 169.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,991,586 shares of the company’s stock valued at $40,092,000 after purchasing an additional 1,251,495 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Robinhood Markets by 274.7% in the second quarter. AQR Capital Management LLC now owns 1,661,824 shares of the company’s stock valued at $37,341,000 after purchasing an additional 1,218,317 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several equities analysts have recently weighed in on the company. JMP Securities lifted their price target on Robinhood Markets from $33.00 to $40.00 and gave the company a “market outperform” rating in a research report on Tuesday, November 12th. Piper Sandler boosted their target price on Robinhood Markets from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Needham & Company LLC upgraded Robinhood Markets from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Monday, November 18th. Morgan Stanley boosted their target price on Robinhood Markets from $22.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Finally, KeyCorp boosted their target price on Robinhood Markets from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $28.66. Robinhood Markets Stock Up 4.4 % Shares of HOOD stock opened at $36.65 on Friday. The business has a 50-day moving average price of $26.96 and a two-hundred day moving average price of $22.96. Robinhood Markets, Inc. has a 12-month low of $8.13 and a 12-month high of $38.11. The firm has a market cap of $32.40 billion, a P/E ratio of 62.12, a price-to-earnings-growth ratio of 0.82 and a beta of 1.84. Robinhood Markets ( NASDAQ:HOOD – Get Free Report ) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). Robinhood Markets had a return on equity of 7.52% and a net margin of 21.80%. The firm had revenue of $637.00 million for the quarter, compared to the consensus estimate of $660.53 million. During the same period last year, the firm earned ($0.09) EPS. The company’s revenue for the quarter was up 36.4% on a year-over-year basis. As a group, research analysts expect that Robinhood Markets, Inc. will post 0.74 EPS for the current fiscal year. Insider Activity In other news, CEO Vladimir Tenev sold 250,000 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $19.26, for a total value of $4,815,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, Director Meyer Malka sold 105,875 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $30.00, for a total value of $3,176,250.00. Following the completion of the sale, the director now directly owns 28,930,243 shares of the company’s stock, valued at approximately $867,907,290. This trade represents a 0.36 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders sold 4,710,549 shares of company stock valued at $115,477,194. Insiders own 19.95% of the company’s stock. 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. Featured Articles Want to see what other hedge funds are holding HOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. ( NASDAQ:HOOD – Free Report ). Receive News & Ratings for Robinhood Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robinhood Markets and related companies with MarketBeat.com's FREE daily email newsletter .

No. 9 Kentucky, focused on getting better, welcomes Jackson St.This week marks a milestone moment in Johnstown wrestling history. Pennsylvania Highlands Community College announced Tuesday that it has hired Willie Harris as the first wrestling coach in school history. A 2008 graduate of Greater Johnstown High School, Harris will lead the Black Bears’ men’s and women’s programs. Beginning in the 2025-26 season, they’ll compete in Division III of the National Junior College Athletic Association and in Region 20 as a member of the Western Pennsylvania Collegiate Conference. Penn Highlands’ decision to launch men’s and women’s programs will give so many opportunities to young men and women in the Johnstown area and throughout the state. I’ve been a part of wrestling in this area, in one capacity or another, for more than 40 years. During that time, I’ve seen countless individuals who had the talent and desire to wrestle past the high school level, but never did. Maybe they weren’t interested in attending a four-year college or didn’t have the financial wherewithal to do so. Perhaps they loved the sport, but knew making the lineup at a Division II or Division III program – let alone a D-I school – would be a long shot. Or maybe they spent more time concentrating on wrestling than classes while in high school only to realize too late that their priorities should have been reversed. Long road to wrestling There are hundreds of local wrestlers who could have benefited from a junior college program in the area, and Harris knows many of them. He either coached them or against them during his decade-long career with the Greater Johnstown and Westmont Hilltop high school programs. “Penn Highlands is a place that many people thought would be a good spot for a program, considering the success of wrestling within the area,” Harris said in a Penn Highlands release. “I want to help give these athletes an opportunity to chase their goals and be at the next level for both wrestling and education.” I first heard talk of a program at Penn Highlands more than a decade ago in a conversation far from the Richland Township campus. I was at a social event between sessions of the NCAA Division I Wrestling Championships in St. Louis when I struck up a conversation with a gentleman – sadly, I do not recall his name – who, upon hearing that I was from Johnstown, mentioned that it would be the perfect spot for a JUCO program. He knew of the Division II powerhouse program at Pitt-Johnstown and the Mountain Cats’ legendary coach Pat Pecora. A junior college program, the gentleman said, could provide a great pipeline to Pitt-Johnstown. I mentioned the conversation to Pecora at some point, but it never progressed beyond that point. Fast forward more than a decade to when I joined the board of directors for the Somerset County Chamber of Commerce. Penn Highlands President Steven Nunez serves as president of the chamber board, and one of the first things I said to him upon meeting him was, “Why doesn’t Penn Highlands have wrestling programs?” Little did he know that it would be a topic I’d return to often over the next year. Johnstown’s wrestling history I told Nunez about the strong wrestling culture in the area. How this region had produced champions from Jeff Richardson and Carlton Haselrig to Matt Beaujon and Jake Strayer. From John Rizzo and Nick Roberts to Max Murin and Cody Law. From Jody Strittmatter to Bo Bassett and Jax Forrest, and from Mariah Harris to Jordyn Fouse. How Strittmatter’s Young Guns Wrestling Club has been one of the best in the nation for years and how Bishop McCort Catholic recently developed into one of the best high school squads in the country. How Pecora built a dynasty in Division II and how, 90 minutes away in State College, Cael Sanderson was bringing new meaning to that term in Division I. How schools within an hour or two of Johnstown – from Penn State Altoona to St. Vincent to Frostburg, Maryland – were adding programs that could benefit from wrestling teams in Richland Township. Not to mention how Pitt-Johnstown, which is located across the street from Penn Highlands, would love nothing more than to see standout wrestlers at Penn Highlands. I spoke to Pecora about it in 2023. Even as he battled lung cancer that would eventually take his life, Pecora was excited about the prospect of dozens of talented wrestlers training next door to, or even with, his Mountain Cats. Pursuing greatness Mike Moyer, who is the executive director of the National Wrestling Coaches Association, talked with Nunez and Penn Highlands Athletic Director Sue Brugh about the benefits of adding men’s and women’s wrestling programs. The Penn Highlands leadership team was excited about the opportunities that wrestling could bring to their institution and saw the vision of how the Black Bears could quickly become a national power in the junior college ranks just by recruiting wrestlers from districts 5, 6 and 7. The talent is here, and Harris has the knowledge, the energy and the contacts to make it happen. It’s an exciting time for wrestling in and around Johnstown, and here’s hoping that members of the community latch onto this program and support his efforts to bring greatness to Penn Highlands. Eric Knopsnyder covers college wrestling for The Tribune-Democrat. Follow him on Twitter at @KnopsKnotes. (c)2024 The Tribune-Democrat (Johnstown, Pa.) Visit The Tribune-Democrat (Johnstown, Pa.) at www.tribune-democrat.com Distributed by Tribune Content Agency, LLC.Carolina Panthers tight end Ja'Tavion Sanders was taken to a hospital for a neck injury after landing on his head while making a catch late in the first half of Sunday's 30-27 home loss to the Kansas City Chiefs. As Sanders was brought down near the sideline after a 10-yard reception, he was flipped upside down and landed directly on the top of his helmet as he went out of bounds on the tackle by cornerback Trent McDuffie. After receiving attention from the team's medical staff, Sanders was strapped to a backboard and taken off the field on a cart with 40 seconds remaining in the half. He was taken to Atrium Health Carolinas Medical Center in Charlotte for observation and later released Sunday afternoon, according to the team. On the CBS broadcast following halftime, Panthers head coach Dave Canales said Sanders had movement in all his extremities, while extreme precaution was taken because of back tightness. CBS reported he was being examined for a concussion before later amending that to a neck injury. The 21-year-old rookie out of Texas had a team-leading three receptions for the Panthers at the half for 49 yards. In 11 games this season, Sanders has 29 receptions for 302 yards and a touchdown. Sanders was a fourth-round selection in the NFL draft in April. --Field Level Media

CenturyLink fined for leaving WA customers on hold too longCHICAGO (AP) — Sam Darnold threw for 90 of his 330 yards in overtime to set up Parker Romo’s game-ending 29-yard field goal, and the Minnesota Vikings outlasted the Chicago Bears 30-27 on Sunday after giving up 11 points in the final 22 seconds of regulation. Darnold threw two touchdown passes, Jordan Addison caught eight passes for a career-high 162 yards and a touchdown, and T.J. Hockenson had 114 yards receiving for the Vikings (9-2), who remained one game behind Detroit in the rugged NFC North. Caleb Williams threw for 340 yards and two touchdowns for the Bears (4-7), who lost their fifth straight and fell to 5-18 in one-possession games under coach Matt Eberflus, who is 14-31 in 2 1/2 seasons. Minnesota appeared to have the game in hand, leading 27-16 with 1:56 left after Romo kicked a 26-yard field goal. But the Bears weren’t finished. Deandre Carter made up for that led to a touchdown in the third quarter with a 55-yard kickoff return to the 40. Williams took it from there, capping an eight-play drive with a 1-yard touchdown pass to Keenan Allen. A 2-point conversion pass to DJ Moore made it 27-24 with 22 seconds remaining. The Bears recovered the onside kick and Williams hit Moore over the middle for a 27-yard gain to the 30 before spiking the ball. Cairo Santos made a 48-yard field goal as time expired. Chicago won the coin toss, but Williams was sacked for a 12-yard loss on second down, leading to a three-and-out. The Vikings took over at the 21, and Darnold led a 10-play drive, overcoming a sack and two penalties. Darnold connected with Hockenson for a 29-yard completion that put the ball on the 9. He took a knee and then Romo nailed the winner. Darnold surpassed his previous season high of 19 touchdown passes with a 2-yarder to Addison on the first play of the second quarter, and he made it 14-7 with a 5-yard score to Jalen Nailor late in the first half. He completed 22 of 34 passes. Aaron Jones ran for 106 yards and a score for the VIkings. Williams was 32 of 47 with a 103.1 passer rating in his second straight solid performance since Thomas Brown replaced the fired Shane Waldron as offensive coordinator. Moore caught seven passes for 106 yards and a touchdown, and Allen added 86 yards receiving and the late TD. Injuries Vikings: LB Ivan Pace Jr. (hamstring) and LT Cam Robinson (foot) left in the first quarter. ... Darnold missed two plays after he was hit by Gervon Dexter Sr. on a pass play with about 6 1/2 minutes. Up next Vikings: Host Arizona next Sunday. Bears: Visit Detroit on Thanksgiving. ___ AP NFL:

The last of the banks from St. Paul’s 20th century heyday came to an inglorious end because of misguided executives, a collision of pride and anger, and a strange ownership structure that was unique in American banking. The $1.4 billion sale of Bremer Financial to Old National Bank, announced Monday, dropped the curtain on a bank that started in the Depression, grew into a regional power and, despite federal law, maintained a charity as principal owner via a workaround that defied reason and efficiency. Major what-ifs linger after five years of conflict between the bank’s top executives and the trustees of the nonprofit Otto Bremer Trust, the majority shareholder of the bank. The biggest: What if the bank had been sold for around $2 billion, as was on offer at least preliminarily when the dispute started? Would the trust have been able to grow even more, and give away more than it will be able to now? It’s easy to see the conclusion of Bremer Bank’s strange saga simply through the dispute of the last five years. But I see it as something more: another sign of the end to an insular, clubby style of business that long dominated Minnesota. Otto Bremer formed the bank by using a fortune he made as a co-owner in the Schmidt Brewing Co. in St. Paul to buy stakes in rural banks in the 1920s and 1930s. When he died in 1951, he left Bremer Bank in the hands of the Otto Bremer Trust and placed three colleagues as trustees. Those colleagues passed control of the trust to their children, and those children to their own. After Congress in the 1960s halted corporate ownership by their charitable foundations, Minnesotans in Congress, backed by Bremer trustees and bankers, won an exemption for the Bremer entities that lasted into the late 1980s. Then they came up with a structure that preserved the financial connection but gave the trustees no control over the operations of the bank. That set the conditions for the ultimate conflict. When by 2019 valuations for banks soared and deal volumes rose, the question was who could sell Bremer Financial. In 2020, Attorney General Keith Ellison, acting as the state’s overseer of charitable trusts, sued to rein in actions by the trustees he saw as harmful to its beneficiaries. That suit put other litigation on hold and became the venue where the question of authority and control of Bremer Financial played out publicly. “I’d always heard that Bremer can never be sold,” Jeanne Crain, Bremer Financial’s chief executive, testified when the state case went to court in October 2021. She and the bank relied heavily on a directive Otto Bremer wrote in the 1940s. The trust cited later documents and efforts by Bremer trustees and executives working to sell it at various times throughout its history. The state lost on all matters but one. The judge ousted one of the three Bremer trustees, Brian Lipschultz, ruling he breached his duties to the trust, including through excessive compensation and spending. Appeals were finally settled by the Minnesota Supreme Court early this year, which agreed with lower courts and the state that Lipschultz failed to meet the standard “of a trustee of a well-respected charitable trust.” Lipschultz, a grandson of one of the original trustees, took the most aggressive approach of the three Bremer trustees to sell its stake in the bank. His sometimes profane style angered the bank and others in Minnesota’s nonprofit and business circles. Neither he nor his attorney responded to requests for comment Monday. Lipschultz was unkind and impolitic. However, he was right that the interests of the trust and bank were not aligned and that 2019 was a ripe moment to pursue deals. The trust was being held back by relying on a single company’s profits for most of its resources. And the bank, because of it obligations to distribute profits to the trust, had less capital on hand to make acquisitions of its own and no ability to tap the stock market for capital the way that publicly-held banks could. Ellison, for his part, took no position on whether or when the bank should be sold. The AG’s role was merely to enforce rules guiding the legal operations of charities in Minnesota, a spokesman noted Monday. His office will review the bank sale’s terms for its effects on the trust. In Monday’s deal announcement and a note to customers, Crain did an about-face. The bank and Bremer Trust, she said, “worked collaboratively to identify an acquirer with a commitment to customers and connection to community similar to our own.” Indiana-rooted Old National first entered the Minnesota market in 2017 with the purchase of Anchor Banks, then bought Klein Financial the next year, a deal that for a time made the Twin Cities its largest market. It later gained a major foothold in Chicago with a purchase there. With Bremer, Old National picks up more than 70 branches that extend its reach well beyond the Twin Cities into dozens of small towns around Minnesota, Wisconsin and North Dakota. Meanwhile, Bremer Trust will receive 86%, or about $1.2 billion, of the $1.4 billion Old National is paying for Bremer Financial. That will nearly double the size of the trust’s asset base. Of those proceeds, 77% will be in shares of Old National and the trust will get a seat on the company’s board. The rest will be in cash and that money will be used for other investments, a spokeswoman for the trust said.Moving from one school to another is nothing new for quarterback Brooks Bentley. He played for three football programs during his high school career, and the University of New Hampshire will be the second team he’s played for in college. Bentley, who spent the last two seasons at Division II Wingate University in Wingate, N.C., entered the transfer portal after the 2024 season and committed to UNH earlier this month. He spent two seasons at River Bluff High School in Lexington, South Carolina; transferred to Gaither High School in Tampa, Florida, for his junior year; and played 7A football at Venice (Florida) High School as a senior. “My dad was a college football coach so I’ve moved around,” Bentley said. “It was definitely tough, but it was a fun experience to move around and meet new people – see new programs in new areas. It was a fun experience to have, I really enjoyed it.” Bentley said he didn’t know much about the UNH program until he spoke with UNH quarterbacks coach Drew Belcher after Belcher initiated contact while Bentley was in the transfer portal. “Really enjoyed my visit,” Bentley said. “Felt like a great place for me to be, so I went home and talked about it with my family. It seemed like the right place for me, the right fit. Really loved the coaching staff. First thing we did was go to the coaches office and there were players there hanging around and it just showed the culture that’s there and the connection. “Obviously the success they’ve had at the quarterback position over the last couple years was a big selling point, and just how successful the program’s been. I wanted to go somewhere where I had a chance to win and be in a great program. For me seeing the success the program’s had as a team and at the quarterback position I felt like they could develop me and it just seemed like that was the best place for me.” Bentley is 6-foot-3 and 210 pounds. He described himself as a pocket passer who can run when needed. He took over as Wingate’s starting quarterback four games into his freshman season. The Bulldogs were 16-3 in games he started. Bentley was selected as the South Atlantic Conference Freshman of the Year in 2023, when he completed 126 of 191 passes for 1,834 yards and 13 touchdowns with four interceptions and ran for 141 yards and four TDs. He completed 139 of 246 passes for 1,852 yards and 14 touchdowns with six interceptions last season, when Wingate won the conference championship. “I would say more of a passer,” Bentley said. “Someone who stays in the pocket and tries to deliver to the athletes and let them make plays. I can definitely run around and make plays with my legs when I need to. I think that’s part of my game I can utilize and make defenses keep honest.” Bentley has two seasons of eligibility left, not including his redshirt season. Seth Morgan, UNH’s starting quarterback last season, no longer has eligibility remaining, so Bentley will join a quarterback room that includes sophomore Barry Kleinpeter, redshirt freshmen Matt Vezza and Matt Festa, and true freshman Tommy McLeish. Bentley said he plans to enroll for the spring semester. “I need some cold clothes,” he said.