Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $850,500.00 in Stock

Key Points

• Robinhood insider Daniel Gallagher, Jr. sold 10,000 shares for $850,500 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 2% to 489,943 shares.
• HOOD shares fell to $78.33 in Thursday trading. The company beat quarterly EPS estimates ($0.60 versus $0.56), but revenue of $1.42 billion missed forecasts of $1.44 billion.
• Analysts maintain a “Moderate Buy” consensus with an average target of $126.45, though recent reports cite pressure from weaker crypto activity and broader fintech sentiment.

Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) insider Daniel Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $85.05, for a total transaction of $850,500.00. Following the completion of the sale, the insider owned 489,943 shares of the company's stock, valued at approximately $41,669,652.15. The trade was a 2.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Price Performance

HOOD traded down $9.08 during trading on Thursday, reaching $78.33. The company's stock had a trading volume of 31,908,856 shares, compared to its average volume of 26,489,561. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.26. The firm has a fifty day simple moving average of $107.15 and a two-hundred day simple moving average of $92.57. Robinhood Markets, Inc. has a 1 year low of $63.51 and a 1 year high of $140.16. The company has a market cap of $70.42 billion, a price-to-earnings ratio of 36.10, a PEG ratio of 1.91 and a beta of 2.56.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.04. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the business earned $0.61 earnings per share. The business's revenue was up 11.5% compared to the same quarter last year. As a group, analysts anticipate that Robinhood Markets, Inc. will post 2.10 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on HOOD shares. Bank of America raised their target price on Robinhood Markets from $140.00 to $156.00 and gave the stock a "buy" rating in a research note on Monday, October 5th. Evercore began coverage on Robinhood Markets in a report on Monday, October 12th. They set an "outperform" rating and a $130.00 price target on the stock. Scotiabank lowered their price target on shares of Robinhood Markets from $136.00 to $124.00 and set a "sector outperform" rating on the stock in a research report on Wednesday, October 28th. Loop Capital set a $135.00 price objective on shares of Robinhood Markets in a report on Tuesday, September 29th. Finally, Barclays cut their price objective on shares of Robinhood Markets from $132.00 to $115.00 and set an "overweight" rating for the company in a research report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $126.45.

Hedge Funds Weigh In On Robinhood Markets

Large investors have recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Robinhood Markets by 10.2% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,812,999 shares of the company's stock valued at $472,141,000 after acquiring an additional 632,403 shares during the last quarter. Amundi raised its position in shares of Robinhood Markets by 89.0% during the 1st quarter. Amundi now owns 6,385,232 shares of the company's stock worth $442,497,000 after acquiring an additional 3,007,103 shares in the last quarter. Amova Asset Management Americas Inc. raised its position in shares of Robinhood Markets by 15.0% during the 1st quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company's stock worth $362,925,000 after acquiring an additional 685,041 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Robinhood Markets by 48.6% during the first quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company's stock worth $353,717,000 after purchasing an additional 1,668,400 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Robinhood Markets during the second quarter worth approximately $379,695,000. Institutional investors and hedge funds own 93.27% of the company's stock.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood’s third-quarter earnings per share exceeded expectations, while management cited cost discipline, higher customer deposits, and expansion into prediction markets and banking. Revenue, however, came in below estimates. Robinhood Q3 Earnings Call Highlights Cost Discipline and Expansion
• Positive Sentiment: Anthropic’s prospective IPO could spur brokerage activity and customer engagement if Robinhood secures shares for its retail and advisor clients; the opportunity is not yet assured. Anthropic IPO to Fuel Robinhood's Retail and Advisor Business Growth?
• Positive Sentiment: SkyFi’s satellite-intelligence subscription app is now available through Robinhood Agents, adding a new service that may support platform engagement and monetization. SkyFi's Satellite Intelligence Now Available as a Robinhood Agent App
• Neutral Sentiment: Chief Accounting Officer Dara Bazzano sold 4,473 shares under a pre-arranged Rule 10b5-1 plan. The planned transaction is not necessarily a signal about the company’s outlook. Insider Selling: Robinhood Markets CAO Sells Shares
• Negative Sentiment: Bitcoin’s slide is hurting retail-facing fintech shares, while Democrats’ control of Congress could slow financial deregulation and increase industry scrutiny—both weighing on sentiment toward HOOD. Fintech Stocks Weighed Down by Bitcoin and Political Shift
• Negative Sentiment: Robinhood’s crypto revenue reportedly fell 55% in Q3, and overall revenue growth slowed to 12%, highlighting exposure to cooling crypto activity. Robinhood in a Food Fight for Anthropic IPO Shares as Crypto Trading Cools
• Negative Sentiment: Zacks Research downgraded HOOD from “strong-buy” to “hold,” adding to near-term caution. Zacks Research Analyst Ratings

Robinhood Markets Company Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.

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