Rep. Jonathan L. Jackson Sells Robinhood Markets, Inc. (NASDAQ:HOOD) Stock

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Robinhood Markets, Inc. (NASDAQ:HOOD). In a filing disclosed on February 23rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Robinhood Markets stock on January 20th. The trade occurred in the Representative’s “MORGAN STANLEY – ROLLOVER IRA” account.

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

  • Purchased $15,001 – $50,000 in shares of GE Vernova (NYSE:GEV) on 1/30/2026.
  • Purchased $15,001 – $50,000 in shares of Citigroup (NYSE:C) on 1/30/2026.
  • Sold $50,001 – $100,000 in shares of Shopify (NASDAQ:SHOP) on 1/30/2026.
  • Sold $15,001 – $50,000 in shares of Coupang (NYSE:CPNG) on 1/22/2026.
  • Purchased $50,001 – $100,000 in shares of Viasat (NASDAQ:VSAT) on 1/22/2026.
  • Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/20/2026.
  • Sold $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 1/16/2026.
  • Purchased $50,001 – $100,000 in shares of Walmart (NASDAQ:WMT) on 1/13/2026.
  • Sold $50,001 – $100,000 in shares of T-Mobile US (NASDAQ:TMUS) on 1/13/2026.
  • Sold $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 12/22/2025.

Robinhood Markets Trading Up 5.6%

Shares of Robinhood Markets stock opened at $77.53 on Thursday. The company has a fifty day simple moving average of $100.89 and a 200-day simple moving average of $116.48. Robinhood Markets, Inc. has a 12-month low of $29.66 and a 12-month high of $153.86. The stock has a market cap of $69.71 billion, a price-to-earnings ratio of 37.64, a PEG ratio of 1.48 and a beta of 2.43.

Robinhood Markets (NASDAQ:HOODGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the business earned $1.01 EPS. Robinhood Markets’s revenue for the quarter was up 26.5% compared to the same quarter last year. On average, analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the sale, the insider directly owned 27,564 shares in the company, valued at $2,420,394.84. The trade was a 65.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 706,633 shares of company stock worth $82,303,123. Corporate insiders own 14.47% of the company’s stock.

Hedge Funds Weigh In On Robinhood Markets

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Robinhood Markets by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after acquiring an additional 1,334,443 shares in the last quarter. State Street Corp lifted its position in Robinhood Markets by 2.7% in the fourth quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after purchasing an additional 875,297 shares during the period. Geode Capital Management LLC boosted its holdings in Robinhood Markets by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after purchasing an additional 356,902 shares in the last quarter. Morgan Stanley increased its position in Robinhood Markets by 23.9% during the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock worth $1,208,335,000 after purchasing an additional 2,061,832 shares during the period. Finally, Norges Bank acquired a new position in Robinhood Markets during the 4th quarter worth approximately $1,202,160,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Robinhood Markets

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

  • Positive Sentiment: Robinhood launched Robinhood Ventures Fund I, a $1 billion closed‑end vehicle to give retail investors access to late‑stage pre‑IPO names (SpaceX, Stripe, Databricks). This product broadens Robinhood’s revenue mix beyond brokerage commissions and could create new fee streams if it attracts volume. Robinhood Opens Pre IPO Access With New US$1b Closed End Fund
  • Positive Sentiment: Market commentator Jay Woods flagged opportunity in Robinhood (alongside SoFi) despite recent sector weakness, which supports a constructive narrative among some investors looking to buy the pullback in high‑beta fintech names. Opportunity in SoFi and Robinhood despite AI selloff, says Jay Woods
  • Neutral Sentiment: Intraday trading chatter and Reddit/WallStreetBets mentions are mixed; social buzz can add volatility but hasn’t provided a clear directional catalyst. Social Buzz: Wallstreetbets Stocks Mixed Premarket Tuesday
  • Neutral Sentiment: News flow notes a modest rebound after recent weakness, indicating short‑term repositioning rather than a confirmed trend change for high‑beta trading platforms. Robinhood Stock Edges Higher Tuesday: What’s Driving The Action?
  • Negative Sentiment: A director, Baiju Bhatt, disclosed a sale of 65,694 shares (~$4.75M at ~$72.30), which can trigger investor caution about insider conviction even if sales are routine for diversification or tax reasons. SEC Filing: Director Sale
  • Negative Sentiment: An analyst price‑target cut trimmed HOOD’s target ~15%, which pressures sentiment among growth investors and may cap near‑term upside until guidance or fundamentals re‑accelerate. Price Target Decreased to $130.24
  • Negative Sentiment: Coverage pieces revisiting “troubled” financials (including Robinhood) highlight sector/headline risk — investors remain sensitive to macro/market‑structure shifts that can hurt trading volume and revenue. Revisiting 3 Troubled Financials (Barron’s)

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Needham & Company LLC reduced their target price on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. The Goldman Sachs Group cut their price target on Robinhood Markets from $152.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Mizuho reduced their price objective on Robinhood Markets from $172.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. Cantor Fitzgerald lowered their target price on shares of Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. Finally, Truist Financial cut their target price on shares of Robinhood Markets from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus price target of $121.71.

View Our Latest Stock Analysis on HOOD

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

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Robinhood Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robinhood Markets and related companies with MarketBeat.com's FREE daily email newsletter.