Robinhood Markets, Inc. $HOOD Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC trimmed its position in Robinhood Markets, Inc. (NASDAQ:HOOD) by 23.9% in the first quarter, Holdings Channel.com reports. The fund owned 23,081 shares of the company’s stock after selling 7,235 shares during the period. HB Wealth Management LLC’s holdings in Robinhood Markets were worth $1,600,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its holdings in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 145 shares during the period. CYBER HORNET ETFs LLC raised its holdings in shares of Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after purchasing an additional 190 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets during the fourth quarter worth $27,000. MV Capital Management Inc. bought a new position in shares of Robinhood Markets in the 4th quarter worth about $27,000. Finally, Swiss RE Ltd. acquired a new position in shares of Robinhood Markets in the 4th quarter valued at about $27,000. 93.27% of the stock is currently owned by institutional investors.

Insider Transactions at Robinhood Markets

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total value of $836,800.00. Following the sale, the insider owned 481,396 shares of the company’s stock, valued at approximately $40,283,217.28. The trade was a 2.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Meyer Malka acquired 250,000 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was purchased at an average cost of $80.74 per share, for a total transaction of $20,185,000.00. Following the purchase, the director directly owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. This represents a 6.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 680,000 shares of company stock valued at $55,306,560 and have sold 274,112 shares valued at $24,016,008. 19.95% of the stock is owned by company insiders.

Robinhood Markets Stock Down 4.0%

Shares of HOOD opened at $112.90 on Wednesday. The firm has a market capitalization of $101.67 billion, a PE ratio of 54.54, a P/E/G ratio of 2.63 and a beta of 2.33. The firm has a 50-day moving average price of $88.95 and a 200 day moving average price of $89.39. Robinhood Markets, Inc. has a 52-week low of $63.51 and a 52-week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.Robinhood Markets’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.37 EPS. On average, equities analysts expect that Robinhood Markets, Inc. will post 1.81 EPS for the current year.

Key Robinhood Markets News

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Robinhood’s London keynote highlighted a broader global expansion push, including Robinhood Chain, stock tokens, DeFi lending, perpetual futures, and AI-powered trading, reinforcing the company’s growth story. Article: HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
• Positive Sentiment: China Renaissance initiated coverage on Robinhood with a buy rating, adding fresh analyst support that can help sustain investor optimism.
• Positive Sentiment: Recent commentary emphasized that Robinhood’s business momentum may be outpacing earnings estimates, with upcoming results seen as a potential catalyst for upward revisions if banking and prediction-market initiatives keep scaling. Article: Why Robinhood’s Business Momentum May Be Outrunning Earnings Estimates
• Positive Sentiment: Coverage also pointed to growing interest in Robinhood as a fintech name benefiting from AI, digital payments, blockchain, and tokenization trends. Article: Fintech Stocks in Focus as AI and Digital Payments Reshape Finance
• Neutral Sentiment: Robinhood remains one of the most searched stocks on Zacks, suggesting elevated investor attention ahead of its next earnings report and key growth updates. Article: Investors Heavily Search Robinhood Markets, Inc. (HOOD): Here is What You Need to Know
• Neutral Sentiment: Two directors and one insider sold shares under pre-arranged Rule 10b5-1 plans, which is not unusual but may still slightly weigh on sentiment because it signals some profit-taking after the stock’s strong run.
• Neutral Sentiment: Broader media coverage also noted Robinhood’s role in the new Trump Accounts rollout and CEO Vlad Tenev’s comments on AI agents, which add to the company’s visibility but are less immediate stock drivers. Article: How Trump Accounts can turn $2K into $40K: Robinhood CEO & BNY CEO discuss
• Negative Sentiment: Insider sales by Director Paula Loop, Director Oluwadara Johnson Treseder, and insider Steven M. Quirk could create modest caution, even though the trades were pre-planned and not necessarily a bearish signal on fundamentals.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HOOD. Citizens Jmp reaffirmed a “market outperform” rating and set a $155.00 price objective on shares of Robinhood Markets in a research report on Thursday, May 28th. BTIG Research reissued a “buy” rating and issued a $125.00 target price on shares of Robinhood Markets in a report on Thursday, July 2nd. Loop Capital set a $110.00 target price on Robinhood Markets in a research note on Wednesday, June 17th. Truist Financial lowered their target price on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a report on Monday, April 13th. Finally, The Goldman Sachs Group increased their price target on Robinhood Markets from $108.00 to $121.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Twenty-one equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $115.00.

Robinhood Markets Company Profile

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.