Robinhood Markets (NASDAQ:HOOD) Stock Price Up 2.6% - What's Next?

Key Points

• Robinhood shares rose about 2.6% to $75.31 on Monday on light volume (~22.7M, down 25% vs. average) and remain well below their 50‑day ($91.33) and 200‑day ($113.87) moving averages, with a market cap near $67.8B.
• Analysts are mostly positive—17 Buys, 6 Holds and 1 Sell—with an average price target of $120.59, though some firms trimmed targets (Barclays to $124, KeyCorp to $130) while Wolfe raised its target to $125.
• Insiders have been selling recently (CEO Vladimir Tenev sold 375,000 shares in January; ~475,132 shares worth ~$55.1M sold in 90 days), while the company beat EPS estimates ($0.66 vs. $0.63) but missed revenue ($1.28B vs. $1.32B) and reported a strong net margin (42.1%).

Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) rose 2.6% during trading on Monday . The stock traded as high as $75.81 and last traded at $75.31. Approximately 22,661,696 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 30,073,422 shares. The stock had previously closed at $73.39.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Wall Street Zen downgraded Robinhood Markets from a "hold" rating to a "sell" rating in a research note on Saturday, February 14th. Wolfe Research raised shares of Robinhood Markets from a "peer perform" rating to an "outperform" rating and set a $125.00 price target on the stock in a report on Monday, February 9th. Barclays dropped their price target on shares of Robinhood Markets from $159.00 to $124.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. KeyCorp reduced their price objective on shares of Robinhood Markets from $160.00 to $130.00 and set an "overweight" rating for the company in a research note on Monday, February 9th. Finally, Zacks Research downgraded shares of Robinhood Markets from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 6th. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Robinhood Markets currently has an average rating of "Moderate Buy" and an average price target of $120.59.

Robinhood Markets Trading Up 2.6%

The firm has a 50 day moving average of $91.33 and a 200-day moving average of $113.87. The company has a market cap of $67.80 billion, a P/E ratio of 36.56, a P/E/G ratio of 1.66 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.01 EPS. Equities analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the firm's stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company's stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.58, for a total value of $1,215,800.00. Following the sale, the insider directly owned 403,612 shares in the company, valued at $49,071,146.96. This trade represents a 2.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 475,132 shares of company stock valued at $55,127,149. Insiders own 19.95% of the company's stock.

Institutional Investors Weigh In On Robinhood Markets

Several large investors have recently bought and sold shares of HOOD. Empowered Funds LLC lifted its position in Robinhood Markets by 46.7% during the first quarter. Empowered Funds LLC now owns 49,870 shares of the company's stock valued at $2,076,000 after purchasing an additional 15,885 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Robinhood Markets in the 2nd quarter valued at about $338,000. PNC Financial Services Group Inc. grew its position in Robinhood Markets by 32.1% in the second quarter. PNC Financial Services Group Inc. now owns 41,475 shares of the company's stock worth $3,883,000 after acquiring an additional 10,086 shares in the last quarter. Candriam S.C.A. increased its stake in Robinhood Markets by 12.6% during the second quarter. Candriam S.C.A. now owns 51,052 shares of the company's stock worth $4,780,000 after acquiring an additional 5,710 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Robinhood Markets by 48.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,270,735 shares of the company's stock valued at $306,239,000 after purchasing an additional 1,073,914 shares during the period. Institutional investors own 93.27% of the company's stock.

Robinhood Markets Company Profile

Robinhood Markets, Inc NASDAQ: HOOD is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to "democratize finance for all." Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood's core products and services include a mobile app and web platform for trading U.S.

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