Robinhood Markets (NASDAQ:HOOD) Director Meyer Malka Purchases 250,000 Shares of Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Meyer Malka bought 250,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were acquired at an average cost of $80.74 per share, with a total value of $20,185,000.00. Following the purchase, the director owned 3,924,427 shares of the company’s stock, valued at $316,858,235.98. The trade was a 6.80% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Meyer Malka also recently made the following trade(s):

• On Wednesday, June 3rd, Meyer Malka acquired 181,000 shares of Robinhood Markets stock. The stock was purchased at an average cost of $83.45 per share, with a total value of $15,104,450.00.
• On Thursday, May 28th, Meyer Malka acquired 249,000 shares of Robinhood Markets stock. The stock was purchased at an average cost of $80.39 per share, with a total value of $20,017,110.00.

Robinhood Markets Trading Down 1.5%

Shares of NASDAQ HOOD opened at $83.77 on Wednesday. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86. The stock has a fifty day simple moving average of $78.74 and a 200-day simple moving average of $92.42. The stock has a market capitalization of $75.44 billion, a PE ratio of 40.47, a PEG ratio of 2.53 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the firm posted $0.37 earnings per share. The company’s quarterly revenue was up 15.1% compared to the same quarter last year. On average, equities analysts predict that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.

Institutional Trading of Robinhood Markets

A number of institutional investors have recently bought and sold shares of the business. Caisse Des Depots ET Consignations purchased a new stake in shares of Robinhood Markets in the 3rd quarter valued at about $3,984,000. Aberdeen Group plc lifted its holdings in shares of Robinhood Markets by 565.1% in the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock valued at $26,565,000 after purchasing an additional 157,643 shares during the last quarter. NEOS Investment Management LLC purchased a new stake in shares of Robinhood Markets in the 3rd quarter valued at about $11,994,000. Truist Financial Corp lifted its holdings in shares of Robinhood Markets by 88.9% in the 4th quarter. Truist Financial Corp now owns 145,489 shares of the company’s stock valued at $16,455,000 after purchasing an additional 68,458 shares during the last quarter. Finally, New York Life Investment Management LLC purchased a new stake in shares of Robinhood Markets in the 3rd quarter valued at about $14,989,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Key Robinhood Markets News

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

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an underwriter, which could expand Robinhood’s role in IPOs and create a new growth avenue beyond its core brokerage business. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts are raising their outlook on Robinhood as they see more value in the company’s prediction-markets business, suggesting Wall Street may be underestimating a fast-growing revenue stream. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood reported May 2026 operating data, keeping investors focused on monthly business momentum and usage trends. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Director Meyer Malka bought 250,000 shares in an insider purchase worth about $20.2 million, a sign of confidence from a major company insider. Insider Trade: Meyer Malka Purchases Shares
• Neutral Sentiment: Several articles discussed Robinhood as a trending or heavily watched stock, but they did not add new fundamental information that clearly changes the investment outlook. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
• Negative Sentiment: Coverage also pointed to weakness in Robinhood’s crypto business and recent bearish commentary, which may be weighing on sentiment despite the new growth initiatives. Bear of the Day: Robinhood Markets (HOOD)
• Negative Sentiment: There were also reports of insider selling earlier in the period, which can create some caution even when offset by newer insider buying. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Citizens Jmp reaffirmed a “market outperform” rating and issued a $155.00 price objective on shares of Robinhood Markets in a research note on Thursday, May 28th. Truist Financial dropped their price objective on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Citigroup reissued a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. Needham & Company LLC lowered their target price on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Eighteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $110.18.

About Robinhood Markets

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.