Robinhood Markets (NASDAQ:HOOD) Stock Acquired Rep. Jonathan L. Jackson

Key Points

• Representative Jonathan L. Jackson (D-Illinois) disclosed a purchase of Robinhood Markets shares valued between $1,001 and $15,000 on September 5th.
• Robinhood reported a quarterly revenue of $989 million, exceeding the consensus estimate by nearly $100 million, and had a net margin of 50.13%.
• Analysts have a positive outlook on Robinhood, with many raising their target prices, resulting in an average rating of "Moderate Buy" from twelve analysts.

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of Robinhood Markets, Inc. NASDAQ: HOOD. In a filing disclosed on October 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Robinhood Markets stock on September 5th. The trade occurred in the Representative's "MORGAN STANLEY - ROLLOVER IRA" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Tenet Healthcare NYSE: THC on 9/3/2025.
• Sold $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 9/3/2025.
• Sold $1,001 - $15,000 in shares of ARM NASDAQ: ARM on 9/2/2025.
• Purchased $15,001 - $50,000 in shares of Doximity NASDAQ: DOCS on 8/25/2025.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Fomento Economico Mexicano NYSE: FMX on 7/17/2025.
• Purchased $1,001 - $15,000 in shares of ARM NASDAQ: ARM on 7/17/2025.

Robinhood Markets Stock Performance

NASDAQ:HOOD opened at $131.44 on Friday. Robinhood Markets, Inc. has a fifty-two week low of $23.00 and a fifty-two week high of $153.86. The firm has a market cap of $116.81 billion, a PE ratio of 66.72, a price-to-earnings-growth ratio of 3.54 and a beta of 2.42. The business has a 50 day moving average price of $120.95 and a 200-day moving average price of $88.35.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last issued its 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 company had revenue of $989.00 million for the quarter, compared to the consensus estimate of $893.93 million. Robinhood Markets had a net margin of 50.13% and a return on equity of 17.48%. The firm's revenue for the quarter was up 45.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 earnings per share. Research analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Bank of America increased their target price on shares of Robinhood Markets from $139.00 to $157.00 and gave the stock a "buy" rating in a report on Thursday, October 2nd. Piper Sandler reaffirmed an "overweight" rating and set a $140.00 price target (up previously from $120.00) on shares of Robinhood Markets in a research report on Tuesday, September 23rd. Citigroup lifted their price objective on Robinhood Markets from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 23rd. KeyCorp upped their target price on Robinhood Markets from $60.00 to $110.00 and gave the company an "overweight" rating in a report on Tuesday, July 1st. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a research note on Wednesday, October 8th. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $118.94.

Institutional Investors Weigh In On Robinhood Markets

Several hedge funds have recently made changes to their positions in HOOD. CogentBlue Wealth Advisors LLC increased its position in Robinhood Markets by 3.8% during the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company's stock valued at $342,000 after buying an additional 87 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of Robinhood Markets by 0.4% during the third quarter. Wedmont Private Capital now owns 25,319 shares of the company's stock valued at $3,671,000 after acquiring an additional 113 shares in the last quarter. True Vision MN LLC increased its holdings in shares of Robinhood Markets by 1.7% during the second quarter. True Vision MN LLC now owns 6,858 shares of the company's stock valued at $642,000 after acquiring an additional 116 shares in the last quarter. 180 Wealth Advisors LLC increased its holdings in shares of Robinhood Markets by 5.4% during the third quarter. 180 Wealth Advisors LLC now owns 2,515 shares of the company's stock valued at $360,000 after acquiring an additional 129 shares in the last quarter. Finally, Forum Financial Management LP increased its holdings in shares of Robinhood Markets by 0.8% during the second quarter. Forum Financial Management LP now owns 17,997 shares of the company's stock valued at $1,685,000 after acquiring an additional 134 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Robinhood Markets

In related news, insider Daniel Martin Gallagher, Jr. sold 25,000 shares of the firm's stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $148.34, for a total transaction of $3,708,500.00. Following the completion of the sale, the insider owned 565,949 shares of the company's stock, valued at $83,952,874.66. This trade represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Baiju Bhatt sold 418,338 shares of the firm's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $119.42, for a total transaction of $49,957,923.96. The disclosure for this sale can be found here. Insiders sold 5,181,462 shares of company stock worth $567,328,871 in the last 90 days. Insiders own 14.47% of the company's stock.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

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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