Robinhood Ventures Fund I Launches Roadshow for Initial Public Offering of Common Shares

Robinhood Ventures Fund I announces IPO roadshow for 40 million shares at $25 per share, listed on NYSE as RVI.

Quiver AI Summary

Robinhood Ventures Fund I (RVI) announced the launch of its initial public offering (IPO) roadshow, filing a registration statement with the SEC to offer 40 million common shares at an expected price of $25 each. The offering includes 35 million shares from RVI and 5 million from Robinhood Markets as a selling shareholder, with an option for underwriters to purchase an additional 6 million shares. The shares will trade on the New York Stock Exchange under the symbol RVI. A livestreamed presentation featuring Robinhood executives is scheduled for today. The registration statement is not yet effective, and offers to sell the shares will only occur after it becomes effective. Investors are encouraged to review the preliminary prospectus and consider the risks associated with the investment.

Potential Positives

Robinhood Ventures Fund I (RVI) has initiated a roadshow for its initial public offering (IPO), a significant step indicating the company's readiness to enter public markets and attract new investment.
The IPO aims to offer 40,000,000 common shares at an expected price of $25 per share, which could potentially raise substantial capital for RVI.
The shares are expected to be listed on the New York Stock Exchange (NYSE) under the symbol RVI, enhancing the visibility and credibility of the fund in the financial markets.
The engagement of Goldman Sachs & Co. LLC as the sole bookrunner demonstrates confidence in the offering and provides professional backing for the IPO process.

Potential Negatives

The initial public offering is heavily reliant on external funding from investors, indicating potential weaknesses in self-sustainability.
The announcement emphasizes that RVI will not receive proceeds from the Selling Shareholder, which may raise concerns about the financial stability and growth plans of Robinhood Ventures Fund I.
The investment is described as speculative with a high degree of risk, which may deter potential investors from participating.

FAQ

What is the main announcement from Robinhood Ventures Fund I?

Robinhood Ventures Fund I has launched the roadshow for its initial public offering (IPO) of 40,000,000 common shares.

What is the expected IPO price per share for RVI?

The expected initial public offering price for RVI shares is $25 per share.

Who is the sole bookrunner for the proposed offering?

Goldman Sachs & Co. LLC is acting as the sole bookrunner for the proposed offering.

How many shares are offered by the Selling Shareholder?

The Selling Shareholder, Robinhood Markets, Inc., is offering 5,000,000 common shares.

Where will RVI's shares be listed after the IPO?

The shares are expected to be listed on the New York Stock Exchange (NYSE) under the symbol RVI.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$HOOD Insider Trading Activity

$HOOD insiders have traded $HOOD stock on the open market 135 times in the past 6 months. Of those trades, 0 have been purchases and 135 have been sales.

Here’s a breakdown of recent trading of $HOOD stock by insiders over the last 6 months:

VLADIMIR TENEV (Chief Executive Officer) has made 0 purchases and 17 sales selling 4,650,932 shares for an estimated $554,382,966.
BAIJU BHATT has made 0 purchases and 18 sales selling 2,585,014 shares for an estimated $325,269,131.
MEYER MALKA has made 0 purchases and 3 sales selling 1,173,808 shares for an estimated $121,937,352.
JASON WARNICK has made 0 purchases and 5 sales selling 425,000 shares for an estimated $50,478,160.
DANIEL MARTIN JR GALLAGHER (Chief Legal Officer) has made 0 purchases and 35 sales selling 265,000 shares for an estimated $34,147,680.
STEVEN M. QUIRK (Chief Brokerage Officer) has made 0 purchases and 19 sales selling 158,405 shares for an estimated $19,414,717.
JEFFREY TSVI PINNER (Chief Technology Officer) has made 0 purchases and 34 sales selling 46,914 shares for an estimated $5,876,631.
JONATHAN RUBINSTEIN has made 0 purchases and 4 sales selling 42,430 shares for an estimated $5,611,794.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$HOOD Revenue

$HOOD had revenues of $1.3B in Q4 2025. This is an increase of 26.53% from the same period in the prior year.

You can track HOOD financials on Quiver Quantitative's HOOD stock page.

$HOOD Congressional Stock Trading

Members of Congress have traded $HOOD stock 8 times in the past 6 months. Of those trades, 6 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $HOOD stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 3 purchases worth up to $45,000 on 01/30, 11/18, 10/17 and 1 sale worth up to $15,000 on 12/24.
REPRESENTATIVE JONATHAN L. JACKSON has traded it 4 times. They made 3 purchases worth up to $115,000 on 11/06, 10/08, 09/05 and 1 sale worth up to $50,000 on 12/22.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$HOOD Hedge Fund Activity

We have seen 772 institutional investors add shares of $HOOD stock to their portfolio, and 625 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 12,153,548 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $1,374,566,278
FMR LLC removed 7,579,476 shares (-19.5%) from their portfolio in Q3 2025, for an estimated $1,085,229,373
BLACKROCK, INC. added 4,688,128 shares (+7.9%) to their portfolio in Q4 2025, for an estimated $530,227,276
WCM INVESTMENT MANAGEMENT, LLC removed 3,484,268 shares (-40.3%) from their portfolio in Q4 2025, for an estimated $394,070,710
MILLENNIUM MANAGEMENT LLC removed 2,695,894 shares (-88.4%) from their portfolio in Q3 2025, for an estimated $385,998,102
AGF MANAGEMENT LTD removed 2,669,963 shares (-59.7%) from their portfolio in Q3 2025, for an estimated $382,285,302
CASTLE HOOK PARTNERS LP removed 2,628,756 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $376,385,284

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$HOOD Analyst Ratings

Wall Street analysts have issued reports on $HOOD in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 02/11/2026
Barclays issued a "Overweight" rating on 01/08/2026
Truist Securities issued a "Buy" rating on 12/17/2025
B of A Securities issued a "Buy" rating on 12/10/2025
Citizens issued a "Market Outperform" rating on 11/07/2025
Mizuho issued a "Outperform" rating on 11/06/2025
CICC issued a "Outperform" rating on 10/27/2025

To track analyst ratings and price targets for $HOOD, check out Quiver Quantitative's $HOOD forecast page.

$HOOD Price Targets

Multiple analysts have issued price targets for $HOOD recently. We have seen 17 analysts offer price targets for $HOOD in the last 6 months, with a median target of $135.0.

Here are some recent targets:

Dan Dolev from Mizuho set a target price of $135.0 on 02/17/2026
David Smith from Truist Securities set a target price of $120.0 on 02/12/2026
Patrick Moley from Piper Sandler set a target price of $135.0 on 02/11/2026
Benjamin Budish from Barclays set a target price of $124.0 on 02/11/2026
Will Nance from Goldman Sachs set a target price of $130.0 on 02/11/2026
Devin Ryan from Citizens set a target price of $180.0 on 02/11/2026
Ramsey El-Assal from Cantor Fitzgerald set a target price of $130.0 on 02/11/2026

Full Release

MENLO PARK, Calif., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Today, Robinhood Ventures Fund I (RVI) is announcing the launch of the roadshow for its initial public offering of common shares of beneficial interest. RVI has filed a registration statement on Form N-2 with the U.S. Securities and Exchange Commission to offer 40,000,000 common shares of beneficial interest at an expected initial public offering price of $25 per share. The offering consists of 35,000,000 common shares of beneficial interest being offered by RVI and 5,000,000 common shares of beneficial interest being offered by Robinhood Markets, Inc. (the “Selling Shareholder”). In addition, RVI intends to grant the underwriter a 30-day option to purchase up to an additional 6,000,000 common shares of beneficial interest. RVI will not receive any of the proceeds from the sale of shares by the Selling Shareholder. The shares are expected to be listed on the New York Stock Exchange (NYSE) under the symbol RVI.

To learn more, join Robinhood Markets CEO Vlad Tenev, Robinhood Markets CFO Shiv Verma, and Robinhood Ventures Fund I (RVI) President Sarah Pinto today, Feb. 17 at 10 a.m. PT / 1 p.m. ET for a livestreamed presentation. The livestream will be available directly in the Robinhood app, X , and on YouTube .

Goldman Sachs & Co. LLC is acting as sole bookrunner for the proposed offering.

A registration statement relating to the proposed sale of common shares of beneficial interest of Robinhood Ventures Fund I has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended, and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The proposed offering of common shares of beneficial interest of RVI will be made only by means of a prospectus forming part of the registration statement. Copies of the preliminary prospectus related to the proposed offering may be obtained by contacting Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, or by emailing [email protected] ; or from RVI by emailing [email protected] . Investors are advised to carefully consider the investment objectives, risks and charges and expenses of RVI before investing. The prospectus, which will contain this and other information about RVI, should be read carefully before investing.

Disclosures:

An investment in the Fund is speculative and involves a high degree of risk with substantial risk of loss.

Robinhood Ventures is the investment adviser for RVI. Robinhood Ventures is the dba name for Robinhood Ventures DE, LLC. Robinhood Ventures is an SEC-registered investment adviser and a wholly owned subsidiary of Robinhood Markets, Inc.

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Contacts
Investor Relations: [email protected]
Press: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5b5b0f75-2bd0-4796-bc7f-16ac78238ac5