Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Robinhood Markets, Inc. (NASDAQ:HOOD)

Key Points

• Representative Gilbert Ray Cisneros, Jr. of California purchased between $1,001 and $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on July 9th.
• Robinhood Markets reported $0.42 EPS for the quarter, surpassing analysts' expectations, with revenue reaching $989 million, a 45% increase compared to the previous year.
• Institutional investors hold a significant majority, owning 93.27% of Robinhood's stock, with hedge funds including WCM Investment Management making substantial investments.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Robinhood Markets, Inc. (NASDAQ:HOOD). In a filing disclosed on August 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Robinhood Markets stock on July 9th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of W.R. Berkley NYSE: WRB on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Medpace NASDAQ: MEDP on 7/24/2025.
• Sold $1,001 - $15,000 in shares of Avantor NYSE: AVTR on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Gulfport Energy NYSE: GPOR on 7/18/2025.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 7/15/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/9/2025.

Robinhood Markets Stock Down 5.8%

NASDAQ:HOOD traded down $6.65 on Tuesday, reaching $108.37. The stock had a trading volume of 39,278,374 shares, compared to its average volume of 41,681,418. The company has a market capitalization of $96.31 billion, a P/E ratio of 55.16, a price-to-earnings-growth ratio of 4.35 and a beta of 2.36. Robinhood Markets, Inc. has a 1-year low of $18.71 and a 1-year high of $117.70. The stock has a fifty day moving average price of $96.19 and a 200-day moving average price of $66.79.

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, beating analysts' consensus estimates of $0.30 by $0.12. The firm had revenue of $989.00 million for 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 revenue for the quarter was up 45.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 earnings per share. Sell-side analysts predict that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HOOD. Needham & Company LLC upped their target price 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of Robinhood Markets from $70.00 to $85.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Keefe, Bruyette & Woods upped their target price 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. KeyCorp upped their target price on shares of Robinhood Markets from $60.00 to $110.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 1st. Finally, Cantor Fitzgerald upped their target price on shares of Robinhood Markets from $100.00 to $118.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Robinhood Markets presently has a consensus rating of "Moderate Buy" and a consensus target price of $100.31.

Institutional Investors Weigh In On Robinhood Markets

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in Robinhood Markets by 1.8% in the second quarter. Vanguard Group Inc. now owns 75,612,131 shares of the company's stock valued at $7,079,564,000 after purchasing an additional 1,371,051 shares in the last quarter. Newlands Management Operations LLC increased its stake in Robinhood Markets by 1.1% in the fourth quarter. Newlands Management Operations LLC now owns 24,158,860 shares of the company's stock valued at $900,159,000 after purchasing an additional 273,860 shares in the last quarter. State Street Corp increased its stake in Robinhood Markets by 9.2% in the second quarter. State Street Corp now owns 15,870,421 shares of the company's stock valued at $1,485,948,000 after purchasing an additional 1,341,204 shares in the last quarter. Geode Capital Management LLC increased its stake in Robinhood Markets by 4.0% in the second quarter. Geode Capital Management LLC now owns 13,176,539 shares of the company's stock valued at $1,233,840,000 after purchasing an additional 507,926 shares in the last quarter. Finally, WCM Investment Management LLC increased its stake in Robinhood Markets by 3,615.7% in the second quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company's stock valued at $1,081,910,000 after purchasing an additional 11,244,182 shares in the last quarter. 93.27% of the stock is owned by institutional investors.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, insider Steven M. Quirk sold 40,131 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $104.71, for a total value of $4,202,117.01. Following the completion of the sale, the insider owned 120,408 shares of the company's stock, valued at approximately $12,607,921.68. This represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Baiju Bhatt sold 418,338 shares of the company's stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $109.39, for a total transaction of $45,761,993.82. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,644,685 shares of company stock valued at $448,881,884. Corporate insiders own 19.95% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.