Insider Selling: Robinhood Markets (NASDAQ:HOOD) Director Sells 67,422 Shares of Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Baiju Bhatt sold 67,422 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $71.32, for a total transaction of $4,808,537.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Baiju Bhatt also recently made the following trade(s):

• On Monday, February 23rd, Baiju Bhatt sold 65,694 shares of Robinhood Markets stock. The stock was sold at an average price of $72.30, for a total transaction of $4,749,676.20.

Robinhood Markets Price Performance

Shares of HOOD opened at $69.08 on Wednesday. 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 $62.19 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 1.64 and a beta of 2.47. The firm has a fifty day moving average price of $85.01 and a 200 day moving average price of $112.43.

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

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Board authorizes up to $1.5 billion share buyback, which boosts cash-return potential and supports EPS / shareholder confidence. Article Title
• Neutral Sentiment: Analyst activity is mixed: some firms (e.g., Mizuho) have reiterated positive ratings but trimmed price targets amid the stock’s recent weakness — a signal that upside is still expected but at a reset valuation. Article Title
• Neutral Sentiment: Coverage pieces and value-comparison write-ups are circulating (EVR vs HOOD, “has the market overreacted?” analyses) that may bring speculative trading and headlines but not immediate fundamental change. Article Title
• Neutral Sentiment: Reported spikes in short interest were posted in multiple feeds, but the underlying numbers appear inconsistent/erroneous (zero shares / NaN increases and 0 days-to-cover across reports), making it unclear whether short sellers are materially pressuring the stock right now.
• Negative Sentiment: Regulatory risk: reports that the Senate is moving to restrict prediction markets (a business area for Robinhood and peers) could hit future product expansion and revenue potential if new rules curb growth. Article Title
• Negative Sentiment: Sentiment and positioning concerns: commentary noting large YTD share declines and Robinhood’s strategic pivot toward banking/cards highlight execution risk and investor skepticism about sustainability of growth after crypto revenue declines. Article Title
• Negative Sentiment: Market reaction/context piece: a headline noting today’s dip (HOOD down more than the broader market) underscores that investor flows and sentiment — not just fundamentals — are amplifying volatility. Article Title

Hedge Funds Weigh In On Robinhood Markets

Several institutional investors have recently added to or reduced their stakes in HOOD. Valley National Advisers Inc. lifted its position in Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the period. Sound Income Strategies LLC increased its holdings in shares of Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares during the period. CYBER HORNET ETFs LLC raised its stake in shares of Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after purchasing an additional 190 shares during the last quarter. Golden State Wealth Management LLC raised its stake in shares of Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 99 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets during the fourth quarter worth $27,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Piper Sandler dropped their price target on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. KeyCorp reduced their price objective on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, February 9th. New Street Research set a $122.00 price objective on Robinhood Markets in a report on Thursday, March 5th. 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, Bank of America cut their target price on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Robinhood Markets currently has an average rating of “Moderate Buy” and an average price target of $120.59.

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.