Robinhood Markets (NASDAQ:HOOD) Insider Daniel Martin Gallagher Jr Sells 10,000 Shares

Robinhood Markets, Inc. (NASDAQ:HOOD) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.85, for a total value of $698,500.00. Following the sale, the insider directly owned 442,849 shares in the company, valued at $30,933,002.65. This represents a 2.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Trading Up 3.1%

HOOD traded up $2.18 during midday trading on Wednesday, hitting $71.83. 32,847,889 shares of the company were exchanged, compared to its average volume of 29,224,408. The company’s 50 day simple moving average is $77.13 and its 200 day simple moving average is $108.97. The firm has a market capitalization of $64.67 billion, a price-to-earnings ratio of 34.87, a price-to-earnings-growth ratio of 1.63 and a beta of 2.46. Robinhood Markets, Inc. has a 1-year low of $33.55 and a 1-year high of $153.86.

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

More Robinhood Markets News

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

• Positive Sentiment: Selected by the U.S. Treasury to help run the new government-backed “Trump Accounts” for children — this gives Robinhood a role in an anticipated mass onboarding effort, possible recurring deposits and long-term customer relationships that could increase assets under custody and transaction flow. Trump Accounts put Robinhood in front of the next generation of investors
• Positive Sentiment: Barclays lowered its price target from $124 to $89 but kept an “overweight” rating — the new $89 target implies meaningful upside vs. current levels and signals a continued bullish view on ROIC and growth prospects despite a smaller valuation cushion. Benzinga article
• Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage with a “market perform” rating and a $75 price target — modest upside from current levels but not a strong buy signal; adds another institutional viewpoint for market consensus. Benzinga article
• Negative Sentiment: Analysts and outlets report multiple price-target cuts and more cautious recommendations from several firms — this compresses near-term sentiment and could cap upside until growth/volume visibility improves. Price target reductions report
• Negative Sentiment: Sector note — Barclays downgraded Coinbase citing weak crypto volumes, highlighting that softer crypto trading could pressure exchanges’ profitability; weakness in crypto volumes is a cross-cutting risk for Robinhood’s crypto revenue stream. Coinbase downgraded at Barclays
• Negative Sentiment: Jefferies issued a pessimistic forecast on HOOD — adds downside analyst pressure that can amplify selling if macro or user-activity data disappoint. Jefferies forecast article

Institutional Investors Weigh In On Robinhood Markets

Institutional investors have recently bought and sold shares of the company. Valley National Advisers Inc. boosted its holdings in Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares during the last quarter. Vision Financial Markets LLC boosted its holdings in Robinhood Markets by 100.0% in the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after buying an additional 100 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Robinhood Markets in the 3rd quarter worth about $29,000. Finally, Guerra Advisors Inc acquired a new stake in Robinhood Markets in the 3rd quarter worth about $30,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on HOOD shares. Keefe, Bruyette & Woods started coverage on Robinhood Markets in a research report on Wednesday. They set a “market perform” rating and a $75.00 target price on the stock. Argus started coverage on Robinhood Markets in a research report on Friday, January 9th. They set a “buy” rating and a $145.00 target price on the stock. Compass Point restated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. New Street Research set a $122.00 target price on Robinhood Markets in a research report on Thursday, March 5th. Finally, Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price on the stock in a research report on Monday, February 9th. Eighteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.46.

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.