Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Robinhood Markets, Inc. (NASDAQ:HOOD)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Robinhood Markets, Inc. (NASDAQ:HOOD). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Robinhood Markets stock on February 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 2/18/2026.

Robinhood Markets Stock Performance

NASDAQ:HOOD traded down $2.65 on Thursday, reaching $76.04. The company’s stock had a trading volume of 14,528,668 shares, compared to its average volume of 29,972,609. The firm has a market cap of $68.46 billion, a PE ratio of 36.83, a PEG ratio of 1.77 and a beta of 2.47. The business’s 50-day moving average price is $92.91 and its two-hundred day moving average price is $114.26. Robinhood Markets, Inc. has a 1-year low of $29.66 and a 1-year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the company posted $1.01 EPS. The business’s quarterly revenue was up 26.5% on a year-over-year basis. As a group, sell-side analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HOOD shares. Argus began coverage on Robinhood Markets in a report on Friday, January 9th. They set a “buy” rating and a $145.00 target price for the company. Morgan Stanley upped their price objective on Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a research report on Monday, December 22nd. New Street Research set a $122.00 target price on Robinhood Markets in a research note on Thursday, March 5th. Wolfe Research raised Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price target for the company in a research report on Monday, February 9th. Finally, Needham & Company LLC lowered their price objective on shares of Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.73.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Robinhood Markets by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock worth $10,831,756,000 after buying an additional 1,334,443 shares during the last quarter. State Street Corp grew its position in shares of Robinhood Markets by 2.7% in the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after acquiring an additional 875,297 shares during the period. Geode Capital Management LLC increased its stake in shares of Robinhood Markets by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock worth $2,386,944,000 after purchasing an additional 356,902 shares during the last quarter. Morgan Stanley raised its holdings in shares of Robinhood Markets by 23.9% in the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after purchasing an additional 2,061,832 shares during the period. Finally, Norges Bank acquired a new stake in Robinhood Markets in the 4th quarter valued at about $1,202,160,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insiders Place Their Bets

In related news, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $107.48, for a total transaction of $630,262.72. Following the transaction, the chief technology officer directly owned 9,133 shares of the company’s stock, valued at approximately $981,614.84. The trade was a 39.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $121.58, for a total value of $1,215,800.00. Following the sale, the insider directly owned 403,612 shares of the company’s stock, valued at $49,071,146.96. This represents a 2.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 475,132 shares of company stock worth $55,127,149 in the last three months. 14.47% of the stock is owned by corporate insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Robinhood Markets

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.