Rep. Cleo Fields Purchases Shares of Robinhood Markets, Inc. (NASDAQ:HOOD)

Key Points

• Representative Cleo Fields purchased shares of Robinhood Markets, Inc. (NASDAQ:HOOD) valued between $15,001 and $50,000 on July 17th, as disclosed in a filing on August 6th.
• Robinhood reported a net margin of 50.13% and a revenue increase of 45.0% year-over-year in its latest quarterly earnings, surpassing analyst expectations.
• Institutional investors own 93.27% of Robinhood's shares, highlighting significant interest from hedge funds and investment firms in the company's stock.

Representative Cleo Fields (D-Louisiana) recently bought shares of Robinhood Markets, Inc. NASDAQ: HOOD. In a filing disclosed on August 06th, the Representative disclosed that they had bought between $15,001 and $50,000 in Robinhood Markets stock on July 17th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 7/30/2025.
• Purchased $100,001 - $250,000 in shares of Alphabet NASDAQ: GOOG on 7/30/2025.
• Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 7/29/2025.
• Purchased $250,001 - $500,000 in shares of NVIDIA NASDAQ: NVDA on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Alphabet NASDAQ: GOOG on 7/29/2025.
• Purchased $100,001 - $250,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.
• Purchased $50,001 - $100,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.

Robinhood Markets Price Performance

HOOD stock opened at $111.23 on Friday. The firm has a fifty day moving average price of $90.33 and a two-hundred day moving average price of $63.55. The firm has a market cap of $98.49 billion, a price-to-earnings ratio of 56.46, a PEG ratio of 4.03 and a beta of 2.36. Robinhood Markets, Inc. has a 1-year low of $16.68 and a 1-year high of $113.44.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.30 by $0.12. The business had revenue of $989.00 million during the quarter, compared to analyst estimates of $893.93 million. Robinhood Markets had a net margin of 50.13% and a return on equity of 17.48%. The company's quarterly revenue was up 45.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 earnings per share. As a group, analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Insider Buying and Selling

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 25,000 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $104.23, for a total value of $2,605,750.00. Following the completion of the sale, the insider directly owned 566,887 shares of the company's stock, valued at approximately $59,086,632.01. This represents a 4.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven M. Quirk sold 40,131 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $104.71, for a total transaction of $4,202,117.01. Following the completion of the sale, the insider directly owned 120,408 shares of the company's stock, valued at $12,607,921.68. The trade was a 25.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,752,293 shares of company stock worth $436,586,556 in the last ninety days. Insiders own 14.47% of the company's stock.

Hedge Funds Weigh In On Robinhood Markets

A number of institutional investors and hedge funds have recently bought and sold shares of HOOD. Whipplewood Advisors LLC lifted its holdings in Robinhood Markets by 564.4% in the 1st quarter. Whipplewood Advisors LLC now owns 598 shares of the company's stock valued at $25,000 after acquiring an additional 508 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in Robinhood Markets by 120.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 271 shares of the company's stock valued at $25,000 after acquiring an additional 148 shares during the last quarter. Hemington Wealth Management lifted its holdings in Robinhood Markets by 52.2% in the 1st quarter. Hemington Wealth Management now owns 636 shares of the company's stock valued at $26,000 after acquiring an additional 218 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in Robinhood Markets in the 1st quarter valued at about $30,000. Finally, CoreCap Advisors LLC lifted its holdings in Robinhood Markets by 191.6% in the 4th quarter. CoreCap Advisors LLC now owns 837 shares of the company's stock valued at $31,000 after acquiring an additional 550 shares during the last quarter. Institutional investors own 93.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on HOOD shares. Mizuho upped their price target on shares of Robinhood Markets from $99.00 to $120.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Needham & Company LLC upped their price target on shares of Robinhood Markets from $71.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Morgan Stanley upped their price target on shares of Robinhood Markets from $43.00 to $110.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. Redburn Atlantic restated a "sell" rating and set a $48.00 price target (up previously from $40.00) on shares of Robinhood Markets in a research report on Monday, June 9th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Robinhood Markets from $89.00 to $106.00 and gave the stock a "market perform" rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $96.29.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

Robinhood Markets Company Profile

Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

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