Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.85, for a total value of $698,500.00. Following the completion of the sale, the insider owned 442,849 shares in the company, valued at approximately $30,933,002.65. The trade was a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robinhood Markets Price Performance
HOOD stock traded up $2.18 during trading on Wednesday, hitting $71.83. The stock had a trading volume of 32,847,889 shares, compared to its average volume of 29,224,408. Robinhood Markets, Inc. has a twelve month low of $33.55 and a twelve month high of $153.86. The stock has a market capitalization of $64.67 billion, a P/E ratio of 34.87, a PEG ratio of 1.63 and a beta of 2.46. The company’s 50-day moving average price is $77.13 and its two-hundred day moving average price is $108.97.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the firm posted $1.01 EPS. Robinhood Markets’s revenue was up 26.5% compared to the same quarter last year. As a group, sell-side analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Research Report on HOOD
Key Headlines Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Selected by the U.S. Treasury to help run the new government-backed “Trump Accounts” for children — this gives Robinhood a role in an anticipated mass onboarding effort, possible recurring deposits and long-term customer relationships that could increase assets under custody and transaction flow. Trump Accounts put Robinhood in front of the next generation of investors
- Positive Sentiment: Barclays lowered its price target from $124 to $89 but kept an “overweight” rating — the new $89 target implies meaningful upside vs. current levels and signals a continued bullish view on ROIC and growth prospects despite a smaller valuation cushion. Benzinga article
- Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage with a “market perform” rating and a $75 price target — modest upside from current levels but not a strong buy signal; adds another institutional viewpoint for market consensus. Benzinga article
- Negative Sentiment: Analysts and outlets report multiple price-target cuts and more cautious recommendations from several firms — this compresses near-term sentiment and could cap upside until growth/volume visibility improves. Price target reductions report
- Negative Sentiment: Sector note — Barclays downgraded Coinbase citing weak crypto volumes, highlighting that softer crypto trading could pressure exchanges’ profitability; weakness in crypto volumes is a cross-cutting risk for Robinhood’s crypto revenue stream. Coinbase downgraded at Barclays
- Negative Sentiment: Jefferies issued a pessimistic forecast on HOOD — adds downside analyst pressure that can amplify selling if macro or user-activity data disappoint. Jefferies forecast article
Institutional Trading of Robinhood Markets
A number of hedge funds and other institutional investors have recently made changes to their positions in HOOD. Valley National Advisers Inc. increased its holdings in shares of Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of Robinhood Markets by 152.6% during the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after buying an additional 145 shares during the last quarter. CYBER HORNET ETFs LLC increased its holdings in shares of Robinhood Markets by 527.8% during the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after buying an additional 190 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 93.27% of the company’s stock.
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.
Further Reading
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