Robinhood Markets (NASDAQ:HOOD) Director Sells $440,625.00 in Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Oluwadara Johnson Treseder sold 3,750 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $117.50, for a total transaction of $440,625.00. Following the transaction, the director owned 72,442 shares of the company’s stock, valued at $8,511,935. This trade represents a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Stock Performance

Robinhood Markets stock opened at $115.11 on Friday. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86. The stock has a market cap of $103.66 billion, a P/E ratio of 55.61, a PEG ratio of 2.54 and a beta of 2.33. The firm’s fifty day moving average price is $90.20 and its 200-day moving average price is $89.33.

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 $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the business posted $0.37 EPS. Robinhood Markets’s quarterly revenue was up 15.1% on a year-over-year basis. Sell-side analysts predict that Robinhood Markets, Inc. will post 1.81 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Evolution Wealth Advisors LLC grew its holdings in Robinhood Markets by 5.2% in the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after acquiring an additional 95 shares during the last quarter. CogentBlue Wealth Advisors LLC raised its stake in shares of Robinhood Markets by 4.1% during the fourth quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock valued at $282,000 after acquiring an additional 98 shares during the last quarter. SOA Wealth Advisors LLC. boosted its holdings in shares of Robinhood Markets by 11.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company’s stock worth $109,000 after purchasing an additional 100 shares during the period. Barnes Dennig Private Wealth Management LLC grew its stake in shares of Robinhood Markets by 10.2% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 1,210 shares of the company’s stock worth $137,000 after purchasing an additional 112 shares during the last quarter. Finally, Bogart Wealth LLC increased its holdings in Robinhood Markets by 8.5% during the 4th quarter. Bogart Wealth LLC now owns 1,463 shares of the company’s stock valued at $165,000 after purchasing an additional 114 shares during the period. 93.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HOOD has been the topic of a number of recent analyst reports. BTIG Research reaffirmed a “buy” rating and issued a $125.00 target price on shares of Robinhood Markets in a research note on Thursday, July 2nd. Sanford C. Bernstein reissued an “outperform” rating and issued a $130.00 price target on shares of Robinhood Markets in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a research report on Wednesday, June 24th. Finally, The Goldman Sachs Group lifted their price objective on shares of Robinhood Markets from $108.00 to $121.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Twenty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $116.74.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Robinhood’s newly launched blockchain is generating strong interest, with reports of a memecoin frenzy, record DEX volume, and growing retail activity on Robinhood Chain, which supports the bullish growth narrative. Article: Trader turns $800 into $1 million
• Positive Sentiment: Barclays raised its price target on HOOD from $82 to $122 and kept an overweight rating, reinforcing optimism that the stock still has room to run.
• Positive Sentiment: Coverage around Robinhood’s crypto and tokenization push, including Robinhood Chain, stock tokens, DeFi lending, perpetual futures, and AI trading, continues to support expectations for future revenue growth. Article: HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
• Neutral Sentiment: Several articles highlighted rising attention on Robinhood’s memecoin ecosystem and broad media interest in the company, which adds visibility but is not a direct fundamental catalyst. Article: Robinhood’s Memecoin Boom Shows Crypto’s Retail Market Is No Joke
• Neutral Sentiment: Recent insider sales by Robinhood executives and directors may slightly weigh on sentiment, though the transactions were pre-arranged under Rule 10b5-1 plans and do not necessarily signal a change in business outlook.

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.