Robinhood Markets (NASDAQ:HOOD) Director Buys $20,017,110.00 in Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Meyer Malka acquired 249,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was acquired at an average cost of $80.39 per share, with a total value of $20,017,110.00. Following the completion of the acquisition, the director directly owned 3,493,427 shares in the company, valued at approximately $280,836,596.53. This represents a 7.67% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Meyer Malka also recently made the following trade(s):

• On Wednesday, June 3rd, Meyer Malka purchased 181,000 shares of Robinhood Markets stock. The shares were acquired at an average price of $83.45 per share, with a total value of $15,104,450.00.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $82.85 on Thursday. The stock has a market cap of $74.61 billion, a price-to-earnings ratio of 40.02, a PEG ratio of 2.64 and a beta of 2.35. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $153.86. The business has a fifty day moving average of $77.51 and a 200-day moving average of $93.34.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the company earned $0.37 EPS. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. On average, equities research analysts predict that Robinhood Markets, Inc. will post 1.85 EPS for the current year.

Hedge Funds Weigh In On Robinhood Markets

Hedge funds have recently modified their holdings of the stock. Caisse Des Depots ET Consignations acquired a new stake in shares of Robinhood Markets in the third quarter worth about $3,984,000. Aberdeen Group plc increased its holdings in shares of Robinhood Markets by 565.1% during the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock valued at $26,565,000 after acquiring an additional 157,643 shares during the last quarter. NEOS Investment Management LLC bought a new position in shares of Robinhood Markets in the 3rd quarter valued at approximately $11,994,000. Truist Financial Corp raised its stake in shares of Robinhood Markets by 88.9% in the 4th quarter. Truist Financial Corp now owns 145,489 shares of the company’s stock valued at $16,455,000 after acquiring an additional 68,458 shares in the last quarter. Finally, New York Life Investment Management LLC acquired a new stake in Robinhood Markets in the 3rd quarter worth approximately $14,989,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Robinhood Markets News Summary

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

• Positive Sentiment: Director Meyer Malka bought 181,000 shares at an average of $83.45, a roughly $15.1 million insider purchase that signals strong confidence from a key company insider.
• Positive Sentiment: Robinhood’s TradePMR unit is expanding its push into wealth management with a new RIA referral program, added client referral tools, AI capabilities, and broader IPO access for advisors’ clients, which could help grow higher-value institutional relationships.
• Positive Sentiment: The company and TradePMR also plan to lower rates on margin and securities-backed lending in July, a move that could make the platform more attractive to registered investment advisors and their clients.
• Positive Sentiment: Robinhood completed its acquisition of WonderFi, giving it an entry into Canada and expanding its crypto footprint with brands such as Bitbuy and Coinsquare.
• Positive Sentiment: New agentic AI trading features and other product launches continue to reinforce the market’s view that Robinhood is evolving into a broader “super app” for investing and financial services.
• Neutral Sentiment: Several reports this week highlighted Robinhood’s conference for advisors and its efforts to deepen TradePMR’s platform, but these updates are mainly execution milestones rather than immediate financial catalysts.
• Neutral Sentiment: Bitcoin weakness remains a backdrop for Robinhood because the company has meaningful crypto exposure, but the direct stock impact is less clear from the latest articles.
• Negative Sentiment: Robinhood still faces competitive pressure as Binance rolls out U.S. stock and ETF trading, which could intensify competition in its core brokerage market.
• Negative Sentiment: Analysts have also noted that Robinhood must show more than AI excitement alone to justify its valuation, especially after the stock’s strong recent run.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Citizens Jmp reiterated a “market outperform” rating and issued a $155.00 target price on shares of Robinhood Markets in a report on Thursday, May 28th. Keefe, Bruyette & Woods decreased their target price on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. Mizuho increased their price target on Robinhood Markets from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Finally, Wolfe Research raised shares of Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 price objective for the company in a research note on Monday, February 9th. Nineteen analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $105.96.

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.