Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Robinhood Markets, Inc. NASDAQ: HOOD. In a filing disclosed on May 31st, the Representative disclosed that they had bought between $1,001 and $15,000 in Robinhood Markets stock on May 9th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Zimmer Biomet NYSE: ZBH on 5/15/2025.
- Sold $15,001 - $50,000 in shares of Elevance Health NYSE: ELV on 5/15/2025.
- Sold $15,001 - $50,000 in shares of PepsiCo NASDAQ: PEP on 5/15/2025.
- Sold $1,001 - $15,000 in shares of WEC Energy Group NYSE: WEC on 5/15/2025.
- Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/15/2025.
- Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 5/15/2025.
- Purchased $1,001 - $15,000 in shares of Kraft Heinz NASDAQ: KHC on 5/15/2025.
- Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 5/15/2025.
- Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 5/15/2025.
- Sold $1,001 - $15,000 in shares of International Flavors & Fragrances NYSE: IFF on 5/15/2025.
Robinhood Markets Price Performance
HOOD traded up $0.55 during trading on Wednesday, hitting $72.27. 31,770,881 shares of the stock traded hands, compared to its average volume of 26,601,382. The firm has a market capitalization of $63.99 billion, a P/E ratio of 46.03, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. The firm has a 50-day moving average of $50.70 and a 200 day moving average of $46.67. Robinhood Markets, Inc. has a 12-month low of $13.98 and a 12-month high of $74.50.
Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.04). The firm had revenue of $927.00 million for the quarter, compared to analysts' expectations of $917.12 million. Robinhood Markets had a net margin of 47.81% and a return on equity of 13.53%. The company's quarterly revenue was up 50.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 EPS. As a group, equities analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Robinhood Markets from $54.00 to $64.00 and gave the company a "buy" rating in a research report on Wednesday, May 14th. JPMorgan Chase & Co. increased their price target on shares of Robinhood Markets from $44.00 to $47.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Barclays dropped their price target on shares of Robinhood Markets from $76.00 to $45.00 and set an "overweight" rating for the company in a research report on Monday, April 7th. KeyCorp dropped their price target on shares of Robinhood Markets from $75.00 to $55.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Finally, Wolfe Research cut shares of Robinhood Markets from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 18th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, Robinhood Markets has a consensus rating of "Moderate Buy" and an average target price of $55.41.
Get Our Latest Analysis on Robinhood Markets
Insider Activity at Robinhood Markets
In other Robinhood Markets news, Director Baiju Bhatt sold 418,338 shares of the firm's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $64.46, for a total transaction of $26,966,067.48. Following the completion of the sale, the director now directly owns 7,863 shares in the company, valued at approximately $506,848.98. This trade represents a 98.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,853 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $43.36, for a total transaction of $253,786.08. Following the sale, the chief technology officer now owns 11,706 shares of the company's stock, valued at approximately $507,572.16. This represents a 33.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,096,884 shares of company stock valued at $102,320,000 in the last three months. Company insiders own 14.47% of the company's stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Whipplewood Advisors LLC lifted its position in Robinhood Markets by 564.4% during 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 period. Hemington Wealth Management lifted its position in Robinhood Markets by 52.2% during 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 period. New Wave Wealth Advisors LLC purchased a new position in Robinhood Markets during the 4th quarter valued at about $26,000. Wayfinding Financial LLC purchased a new position in Robinhood Markets during the 1st quarter valued at about $30,000. Finally, Pandora Wealth Inc. purchased a new position in Robinhood Markets during the 1st quarter valued at about $33,000. 93.27% of the stock is owned by hedge funds and other institutional investors.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Robinhood Markets Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Robinhood Markets, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Robinhood Markets wasn't on the list.
While Robinhood Markets currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
