Baiju Bhatt Sells 65,694 Shares of Robinhood Markets (NASDAQ:HOOD) Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Baiju Bhatt sold 65,694 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $72.30, for a total transaction of $4,749,676.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Robinhood Markets Stock Performance

Shares of HOOD stock traded up $4.14 on Wednesday, reaching $77.53. The stock had a trading volume of 32,112,431 shares, compared to its average volume of 30,996,863. Robinhood Markets, Inc. has a 1 year low of $29.66 and a 1 year high of $153.86. The stock has a market cap of $69.71 billion, a P/E ratio of 37.64, a price-to-earnings-growth ratio of 1.24 and a beta of 2.44. The company has a 50 day simple moving average of $101.66 and a 200 day simple moving average of $116.76.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.Robinhood Markets’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.01 earnings per share. On average, equities research analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on HOOD. Loop Capital set a $130.00 target price on shares of Robinhood Markets in a report on Monday, February 9th. Piper Sandler dropped their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Needham & Company LLC cut their price objective on shares of Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Wolfe Research raised Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price on the stock in a report on Monday, February 9th. Finally, Mizuho lowered their target price on Robinhood Markets from $172.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and an average target price of $121.71.

Hedge Funds Weigh In On Robinhood Markets

Large investors have recently made changes to their positions in the business. North Star Investment Management Corp. raised its stake in Robinhood Markets by 44.9% in the third quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock valued at $37,000 after buying an additional 79 shares during the last quarter. First Command Advisory Services Inc. grew its position in Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after buying an additional 81 shares during the period. CogentBlue Wealth Advisors LLC grew its position in shares of 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 acquiring an additional 87 shares during the period. Evolution Wealth Advisors LLC grew its position in shares of Robinhood Markets by 5.2% in the fourth quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock valued at $217,000 after purchasing an additional 95 shares during the period. Finally, ORG Partners LLC raised its position in shares of Robinhood Markets by 5.5% during the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock worth $269,000 after purchasing an additional 97 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Robinhood Markets

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Robinhood launched a $1 billion closed-end fund, “Robinhood Ventures Fund I,” giving retail investors access to late-stage pre-IPO names (SpaceX, Stripe, Databricks). Investors view this as product diversification beyond brokerage trading and a way to capture fee/asset growth from private markets. Robinhood Opens Pre IPO Access With New US$1b Closed End Fund
• Positive Sentiment: Market commentators and money managers flagged opportunity in Robinhood despite broader tech/AI weakness, supporting buyer interest in the name. Opportunity in SoFi and Robinhood despite AI selloff, says Jay Woods
• Positive Sentiment: Notable active manager buying: Cathie Wood’s fund added to HOOD after the post-earnings dip, which can attract momentum and other institutional interest. Cathie Wood Bought the Dip in Robinhood Stock
• Neutral Sentiment: Trading chatter on retail forums (WallStreetBets) showed mixed interest, which can add short-term volume and volatility but not a clear directional signal. Social Buzz: Wallstreetbets Stocks Mixed
• Neutral Sentiment: Benzinga and other outlets note a small bounce after a recent pullback; traders are reassessing risk in high-beta fintech names rather than reacting to fresh fundamentals. Robinhood Stock Edges Higher Tuesday
• Negative Sentiment: An analyst-derived price target was cut meaningfully (about a 15% reduction to $130.24), which can weigh on investor sentiment and set a lower anchor for valuation expectations. Robinhood Markets (HOOD) price target decreased
• Negative Sentiment: Coverage pieces revisiting “troubled financials” flagged continued sector pressure and questioned whether issues at other fintech/financial firms could spill over to Robinhood, adding caution for some investors. Revisiting 3 Troubled Financials

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.