Rep. Gilbert Ray Cisneros, Jr. Buys Robinhood Markets, Inc. (NASDAQ:HOOD) Stock

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 Price Performance

NASDAQ HOOD traded down $2.16 on Wednesday, hitting $105.34. 56,354,155 shares of the stock were exchanged, compared to its average volume of 40,330,572. Robinhood Markets, Inc. has a 52-week low of $18.71 and a 52-week high of $117.70. The company has a market capitalization of $93.61 billion, a price-to-earnings ratio of 53.47, a P/E/G ratio of 3.94 and a beta of 2.36. The company's 50-day moving average price is $97.50 and its two-hundred day moving average price is $67.34.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.12. Robinhood Markets had a net margin of 50.13% and a return on equity of 17.48%. The firm had revenue of $989.00 million for the quarter, compared to analysts' expectations of $893.93 million. During the same period in the previous year, the company posted $0.21 EPS. The company's quarterly revenue was up 45.0% compared to the same quarter last year. Equities analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on HOOD shares. JPMorgan Chase & Co. boosted their price target on shares of Robinhood Markets from $44.00 to $47.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. Barclays boosted their price target on shares of Robinhood Markets from $102.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Robinhood Markets from $70.00 to $85.00 and gave the company a "buy" rating in a report on Monday, June 9th. Compass Point boosted their price target on shares of Robinhood Markets from $64.00 to $96.00 and gave the company a "buy" rating in a report on Friday, June 27th. Finally, Redburn Atlantic restated a "sell" rating and set a $48.00 price target (up from $40.00) on shares of Robinhood Markets in a report on Monday, June 9th. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $100.31.

Insider Activity

In other Robinhood Markets news, CEO Vladimir Tenev sold 750,000 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $93.27, for a total transaction of $69,952,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven M. Quirk sold 104,887 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $70.14, for a total transaction of $7,356,774.18. Following the transaction, the insider directly owned 228,621 shares of the company's stock, valued at approximately $16,035,476.94. This represents a 31.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,644,685 shares of company stock worth $448,881,884 in the last 90 days. Insiders own 14.47% of the company's stock.

Institutional Investors Weigh In On Robinhood Markets

Large investors have recently bought and sold shares of the business. TD Private Client Wealth LLC boosted its holdings in Robinhood Markets by 184.4% in the first quarter. TD Private Client Wealth LLC now owns 1,829 shares of the company's stock worth $76,000 after purchasing an additional 1,186 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Robinhood Markets by 125.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 19,201 shares of the company's stock worth $799,000 after purchasing an additional 10,703 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in Robinhood Markets in the first quarter worth $277,000. Burns Matteson Capital Management LLC bought a new stake in Robinhood Markets in the first quarter worth $495,000. Finally, Deutsche Bank AG boosted its holdings in Robinhood Markets by 137.6% in the first quarter. Deutsche Bank AG now owns 1,761,767 shares of the company's stock worth $73,325,000 after purchasing an additional 1,020,286 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors.

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.

About Robinhood Markets

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.