Robinhood Markets (NASDAQ:HOOD) CTO Jeffrey Tsvi Pinner Sells 5,835 Shares of Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) CTO Jeffrey Tsvi Pinner sold 5,835 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $83.92, for a total transaction of $489,673.20. Following the completion of the sale, the chief technology officer directly owned 12,171 shares of the company’s stock, valued at $1,021,390.32. The trade was a 32.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jeffrey Tsvi Pinner also recently made the following trade(s):

• On Monday, April 6th, Jeffrey Tsvi Pinner sold 5,835 shares of Robinhood Markets stock. The stock was sold at an average price of $69.85, for a total transaction of $407,574.75.

Robinhood Markets Trading Down 13.2%

Shares of NASDAQ:HOOD opened at $71.20 on Thursday. The company has a 50 day moving average of $76.28 and a 200-day moving average of $102.83. The firm has a market cap of $64.10 billion, a P/E ratio of 34.56, a P/E/G ratio of 2.52 and a beta of 2.46. Robinhood Markets, Inc. has a twelve month low of $45.56 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.12). Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter last year, the business earned $0.37 earnings per share. The company’s revenue was up 15.1% on a year-over-year basis. Equities research analysts forecast that Robinhood Markets, Inc. will post 1.95 EPS for the current year.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Underlying user and deposit metrics remain strong — funded customers and Net Deposits grew, Robinhood Gold subscribers hit a record and prediction-market activity boosted fees, giving a longer-term growth runway. Q1 Results Press Release
• Positive Sentiment: International expansion progress — reports say Robinhood received in‑principle approval in Singapore to launch brokerage services, which supports future TAM expansion outside the U.S. Singapore Reception Article
• Neutral Sentiment: Insider selling: CTO Jeffrey Pinner sold shares under a pre-arranged 10b5-1 plan; disclosed sale reduces his position but was planned in advance. This is procedural rather than a signal of new company-specific trouble. SEC Form 4
• Neutral Sentiment: Mixed analyst reactions — some firms trimmed price targets (Barclays, Keefe Bruyette) while others reaffirmed or raised targets (Cantor Fitzgerald, Citizens JMP, Needham still bullish overall), leaving consensus views split on near-term valuation. Barclays Price Target Cut
• Negative Sentiment: Q1 revenue and EPS missed expectations — revenue was ~$1.07B (below consensus) and EPS came in at $0.38, prompting downside pressure as investors re‑price near-term growth and margin expectations. Fool Coverage
• Negative Sentiment: Crypto revenue plunge was the primary drag — crypto trading revenue fell sharply year‑over‑year, amplifying the top‑line miss and highlighting ongoing crypto exposure risk for valuation. Investopedia Article
• Negative Sentiment: Higher expenses and flagged investments — management signaled an ~18% rise in expenses (including a disclosed ~$100M initiative tied to new accounts and product efforts), which may weigh on near‑term margins despite revenue growth. Yahoo Finance: Expenses Jump

Wall Street Analyst Weigh In

HOOD has been the topic of a number of research reports. New Street Research set a $122.00 price objective on Robinhood Markets in a research note on Thursday, March 5th. KeyCorp decreased their target price on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. The Goldman Sachs Group dropped their price target on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Keefe, Bruyette & Woods cut their price target on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a report on Wednesday. Finally, Morgan Stanley reduced their price objective on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Eighteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $110.17.

Hedge Funds Weigh In On Robinhood Markets

Hedge funds and other institutional investors have recently modified their holdings of the stock. Valley National Advisers Inc. lifted its stake in Robinhood Markets by 113.6% during the third quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Golden State Wealth Management LLC increased its position in shares of Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares in the last quarter. Vision Financial Markets LLC raised its holdings in shares of Robinhood Markets by 100.0% during the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after acquiring an additional 100 shares during the period. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Robinhood Markets during the third quarter valued at approximately $29,000. Finally, Guerra Advisors Inc purchased a new stake in shares of Robinhood Markets in the 3rd quarter valued at approximately $30,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

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.