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

Posted by Trevor Kearing on Mar 12th, 2026

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 Down 3.3%

Shares of NASDAQ HOOD traded down $2.57 on Thursday, hitting $76.12. The company had a trading volume of 22,506,563 shares, compared to its average volume of 30,154,564. Robinhood Markets, Inc. has a 12-month low of $29.66 and a 12-month high of $153.86. The firm has a market capitalization of $68.53 billion, a P/E ratio of 36.95, a PEG ratio of 1.77 and a beta of 2.47. The business has a 50 day moving average of $92.91 and a two-hundred day moving average of $114.26.

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

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven M. Quirk sold 52,540 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the sale, the insider owned 27,564 shares in the company, valued at $2,420,394.84. The trade was a 65.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 475,132 shares of company stock worth $55,127,149 in the last quarter. 14.47% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

HOOD has been the topic of a number of analyst reports. Truist Financial dropped their price objective on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Zacks Research downgraded shares of Robinhood Markets from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Bank of America dropped their price target on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a research note on Wednesday, December 10th. Dbs Bank raised shares of Robinhood Markets to a “moderate buy” rating in a research report on Wednesday, November 12th. Finally, Wall Street Zen cut Robinhood Markets from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $121.73.

Read Our Latest Research Report on Robinhood Markets

Institutional Trading of Robinhood Markets

Several institutional investors and hedge funds have recently bought and sold shares of HOOD. North Star Investment Management Corp. raised its position in shares of Robinhood Markets by 44.9% during the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after acquiring an additional 79 shares in the last quarter. First Command Advisory Services Inc. increased its stake in Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares during the last quarter. CogentBlue Wealth Advisors LLC raised its holdings in shares of Robinhood Markets by 3.8% during the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after purchasing an additional 87 shares during the period. Evolution Wealth Advisors LLC raised its holdings in shares of Robinhood Markets by 5.2% during the fourth quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after purchasing an additional 95 shares during the period. Finally, ORG Partners LLC boosted its holdings in shares of Robinhood Markets by 5.5% in the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

Positive Sentiment: Prediction-markets revenue and “Super App” strategy point to new high-margin revenue streams (management says prediction markets are scaling and MarketBeat notes prediction-markets revenue annualizing at ~$435M). This supports longer-term growth and upside versus current stock levels. 3 Stocks Betting Big on Prediction Markets This March Madness
Positive Sentiment: Banking unit traction — deposits have crossed $1B with ~65k customers — adds a recurring-funds base that can reduce revenue cyclicality and supports monetization away from trading/crypto flows. Robinhood banking unit crosses $1 bln in deposits, 65k customers, CEO Tenev says
Positive Sentiment: Short interest fell materially in February (down ~12.8% to ~30.1M shares, ~4.2% of float), reducing immediate squeeze risk and indicating less bearish positioning. That can support upside if fundamentals continue improving. Short interest report (source provided in brief)
Neutral Sentiment: Company released February operating data (select monthly metrics) — routine disclosure that keeps investors updated but did not contain a market-moving surprise in the initial release. Robinhood Markets, Inc. Reports February 2026 Operating Data
Neutral Sentiment: Zacks notes the stock is slightly higher since the last earnings report, reflecting mixed investor read-throughs from the beat on EPS and slight revenue miss. Why Is Robinhood Markets (HOOD) Up 0.9% Since Last Earnings Report?
Neutral Sentiment: Growth in third‑party crypto tools (e.g., Banana Gun) highlights robust retail crypto activity but also shows competition for trading volume outside broker platforms — mixed implications for Robinhood. Crypto trading bot Banana Gun clears $8B in annualized volume
Negative Sentiment: Analyst/press pieces emphasize HOOD’s historical volatility and drawdowns (Forbes: average -37% during systemic shocks), which keeps risk premium elevated and may depress sentiment. How Low Can HOOD Stock Go?
Negative Sentiment: Comparisons to Interactive Brokers (IBKR) highlight concerns that a more diversified, lower‑multiple broker may be a safer choice in a volatile crypto cycle — a narrative that can weigh on HOOD’s multiple. HOOD vs. IBKR: Which is a Better Bet in the Volatile Crypto Market?

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.

Robinhood Markets Company Profile

(Get Free Report)

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.