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

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Key Points

  • Robinhood CTO Jeffrey Tsvi Pinner sold 5,835 shares on April 6 at an average price of $69.85 under a pre-arranged Rule 10b5-1 plan, trimming his holding by 24.47% to 18,006 shares (≈$1.26M).
  • Robinhood beat EPS expectations with $0.66 vs. $0.63 consensus, while revenue was $1.28B (below the $1.32B estimate) but up 26.5% year-over-year.
  • HOOD traded up 3.1% to $71.83, has a market cap of $64.67B, and carries a consensus "Moderate Buy" rating with an average price target of $113.46 amid several recent price-target cuts.
  • MarketBeat previews top five stocks to own in May.

Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) CTO Jeffrey Tsvi Pinner sold 5,835 shares of the business's stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $407,574.75. Following the completion of the sale, the chief technology officer owned 18,006 shares of the company's stock, valued at $1,257,719.10. The trade was a 24.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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, January 26th, Jeffrey Tsvi Pinner sold 5,864 shares of Robinhood Markets stock. The shares were sold at an average price of $107.48, for a total value of $630,262.72.

Robinhood Markets Trading Up 3.1%

HOOD stock traded up $2.18 during midday trading on Wednesday, hitting $71.83. The company had a trading volume of 32,847,889 shares, compared to its average volume of 29,224,408. Robinhood Markets, Inc. has a 52 week low of $33.55 and a 52 week high of $153.86. The stock's 50 day moving average price is $77.13 and its 200 day moving average price is $108.97. The stock has a market cap of $64.67 billion, a price-to-earnings ratio of 34.87, a PEG ratio of 1.63 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the company posted $1.01 earnings per share. The business's revenue was up 26.5% on a year-over-year basis. Analysts predict that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Analysts Set New Price Targets

HOOD has been the subject of several recent research reports. Keefe, Bruyette & Woods started coverage on Robinhood Markets in a research report on Wednesday. They issued a "market perform" rating and a $75.00 price objective for the company. Barclays reduced their target price on Robinhood Markets from $124.00 to $89.00 and set an "overweight" rating on the stock in a research note on Wednesday. Cantor Fitzgerald reduced their target price on Robinhood Markets from $130.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 17th. Mizuho reduced their target price on Robinhood Markets from $135.00 to $110.00 and set an "outperform" rating on the stock in a research note on Friday, March 13th. Finally, Citizens Jmp reissued a "market outperform" rating and set a $180.00 target price on shares of Robinhood Markets in a research note on Wednesday, February 11th. Eighteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $113.46.

View Our Latest Research Report on Robinhood Markets

Institutional Investors Weigh In On Robinhood Markets

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HOOD. Vanguard Group Inc. grew its stake in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company's stock worth $13,521,497,000 after purchasing an additional 18,824,923 shares during the period. State Street Corp grew its stake in Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company's stock worth $4,617,004,000 after purchasing an additional 16,375,734 shares during the period. Norges Bank purchased a new stake in Robinhood Markets in the fourth quarter worth $1,202,160,000. Corient Private Wealth LLC grew its stake in Robinhood Markets by 5,221.4% in the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company's stock worth $289,519,000 after purchasing an additional 2,511,743 shares during the period. Finally, Jennison Associates LLC purchased a new stake in Robinhood Markets in the third quarter worth $322,823,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets News Roundup

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

  • Positive Sentiment: Selected by the U.S. Treasury to help run the new government-backed "Trump Accounts" for children — this gives Robinhood a role in an anticipated mass onboarding effort, possible recurring deposits and long-term customer relationships that could increase assets under custody and transaction flow. Trump Accounts put Robinhood in front of the next generation of investors
  • Positive Sentiment: Barclays lowered its price target from $124 to $89 but kept an "overweight" rating — the new $89 target implies meaningful upside vs. current levels and signals a continued bullish view on ROIC and growth prospects despite a smaller valuation cushion. Benzinga article
  • Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage with a "market perform" rating and a $75 price target — modest upside from current levels but not a strong buy signal; adds another institutional viewpoint for market consensus. Benzinga article
  • Negative Sentiment: Analysts and outlets report multiple price-target cuts and more cautious recommendations from several firms — this compresses near-term sentiment and could cap upside until growth/volume visibility improves. Price target reductions report
  • Negative Sentiment: Sector note — Barclays downgraded Coinbase citing weak crypto volumes, highlighting that softer crypto trading could pressure exchanges' profitability; weakness in crypto volumes is a cross-cutting risk for Robinhood's crypto revenue stream. Coinbase downgraded at Barclays
  • Negative Sentiment: Jefferies issued a pessimistic forecast on HOOD — adds downside analyst pressure that can amplify selling if macro or user-activity data disappoint. Jefferies forecast article

About Robinhood Markets

(Get Free Report)

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.

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