Robinhood Markets (NASDAQ:HOOD) Insider Sells $1,137,100.00 in Stock

Key Points

• Robinhood insider Daniel Gallagher, Jr. sold 10,000 shares for approximately $1.14 million at an average price of $113.71 under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 1.96%.
• Robinhood shares fell 2.2% to $109.51, while the company’s latest quarterly results exceeded expectations with $1.31 billion in revenue and $0.62 EPS; revenue rose 32.5% year over year.
• Institutional investors own 93.27% of the stock, and analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and $133.71 price target, though crypto volatility and regulatory scrutiny remain risks.

Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) insider Daniel Gallagher, Jr. sold 10,000 shares of the company's stock in a transaction on Monday, October 5th. The shares were sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the sale, the insider owned 499,943 shares of the company's stock, valued at $56,848,518.53. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Trading Down 2.2%

Robinhood Markets stock traded down $2.49 during trading hours on Wednesday, reaching $109.51. The stock had a trading volume of 18,752,059 shares, compared to its average volume of 27,203,029. The stock has a market cap of $98.46 billion, a PE ratio of 48.24, a PEG ratio of 2.34 and a beta of 2.35. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.56. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. The company has a fifty day simple moving average of $106.69 and a 200-day simple moving average of $94.37.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.18. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.Robinhood Markets's revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 EPS. Analysts forecast that Robinhood Markets, Inc. will post 2.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Robinhood Markets

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its position in Robinhood Markets by 37.1% during the second quarter. Wellington Management Group LLP now owns 786,318 shares of the company's stock valued at $78,852,000 after buying an additional 212,855 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Robinhood Markets in the 2nd quarter worth about $22,691,000. Nykredit A S bought a new position in shares of Robinhood Markets in the 2nd quarter worth about $29,008,000. NewEdge Advisors LLC increased its stake in shares of Robinhood Markets by 18.3% in the 2nd quarter. NewEdge Advisors LLC now owns 68,920 shares of the company's stock worth $6,911,000 after acquiring an additional 10,685 shares in the last quarter. Finally, Groupe la Francaise purchased a new position in Robinhood Markets during the 2nd quarter valued at about $5,544,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

More Robinhood Markets News

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

• Positive Sentiment: Barclays raised its price target to $132 from $105 and maintained an Overweight rating, citing potential upside from Robinhood’s growth initiatives. Barclays Robinhood price target report
• Positive Sentiment: Robinhood reportedly purchased approximately $25 million of bitcoin for its corporate balance sheet. Management described the move as a strategic alignment with the crypto community, although the investment is small relative to the company’s roughly $100 billion valuation. Robinhood bitcoin balance sheet article
• Positive Sentiment: Robinhood Chain integrated with NEAR Intents, enabling cross-chain swaps across more than 180 assets. The partnership could improve crypto liquidity, user choice and transaction activity on Robinhood’s blockchain platform. Robinhood Chain NEAR Intents integration
• Positive Sentiment: Recent quarterly results remain a fundamental support: Robinhood reported $1.31 billion in revenue, up 32.5% year over year, and $0.62 in EPS, exceeding consensus estimates of $1.29 billion and $0.44, respectively. Robinhood second-quarter earnings report
• Neutral Sentiment: The company’s approximately $25 billion crypto balance largely represents customer assets held in custody, rather than Robinhood’s own treasury holdings. This limits the direct balance-sheet impact of crypto price movements but highlights the platform’s dependence on customer trading activity. Robinhood customer crypto custody article
• Negative Sentiment: Bitcoin and other crypto assets are retreating amid a broader crypto-market “perfect storm,” weighing on crypto-linked broker stocks and potentially reducing trading volumes and transaction revenue. Crypto market downturn article
• Negative Sentiment: State regulators are increasing scrutiny of Robinhood’s prediction-market expansion. Possible limits on sports-related contracts could slow volume growth and reduce monetization potential. Robinhood prediction market regulatory scrutiny
• Negative Sentiment: Robinhood Chain’s memecoin activity reportedly surged to $443 million per day before collapsing 96%, raising concerns about the durability and volatility of blockchain-related revenue. Robinhood Chain memecoin activity article
• Negative Sentiment: The Justice Department charged two former Robinhood engineers with allegedly trading crypto derivatives using confidential listing information. The case does not accuse Robinhood itself, but it creates reputational and compliance risk. DOJ charges former Robinhood engineers

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HOOD shares. Morgan Stanley restated an "overweight" rating and set a $150.00 target price on shares of Robinhood Markets in a report on Wednesday, September 30th. The Goldman Sachs Group boosted their price objective on shares of Robinhood Markets from $124.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday, September 8th. Wells Fargo & Company started coverage on shares of Robinhood Markets in a report on Friday, October 2nd. They issued an "equal weight" rating and a $125.00 price objective for the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a research report on Monday, September 21st. Finally, KeyCorp lifted their target price on shares of Robinhood Markets from $100.00 to $125.00 and gave the company an "overweight" rating in a research note on Wednesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $133.71.

About Robinhood Markets

Robinhood Markets, Inc NASDAQ: HOOD operates a financial services platform designed to provide investing and trading products through mobile applications and a website. Its offerings include commission-free trading in stocks and exchange-traded funds, options trading, cryptocurrency services, margin investing, and retirement accounts. The company also provides cash management features and other tools intended to help customers manage and invest their money.

Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood gained prominence by expanding access to investing through a low-cost, easy-to-use digital platform.

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