Shiv Verma Sells 5,436 Shares of Robinhood Markets (NASDAQ:HOOD) Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) CFO Shiv Verma sold 5,436 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $77.36, for a total transaction of $420,528.96. Following the transaction, the chief financial officer directly owned 47,311 shares in the company, valued at approximately $3,659,978.96. This trade represents a 10.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shiv Verma also recently made the following trade(s):

• On Wednesday, April 15th, Shiv Verma sold 5,436 shares of Robinhood Markets stock. The stock was sold at an average price of $85.86, for a total transaction of $466,734.96.
• On Monday, March 16th, Shiv Verma sold 5,438 shares of Robinhood Markets stock. The stock was sold at an average price of $75.00, for a total transaction of $407,850.00.

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD opened at $75.76 on Thursday. The firm has a market cap of $68.22 billion, a PE ratio of 36.60, a price-to-earnings-growth ratio of 2.40 and a beta of 2.29. The firm’s 50 day simple moving average is $76.26 and its 200-day simple moving average is $97.13. Robinhood Markets, Inc. has a one year low of $62.63 and a one year high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business’s revenue was up 15.1% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. Equities research analysts predict that Robinhood Markets, Inc. will post 1.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HOOD. Empowered Funds LLC raised its holdings in shares of Robinhood Markets by 46.7% during the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after purchasing an additional 15,885 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Robinhood Markets during the second quarter worth $5,105,000. Federated Hermes Inc. raised its holdings in shares of Robinhood Markets by 106.2% during the second quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock worth $5,988,000 after purchasing an additional 32,933 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Robinhood Markets by 19.1% during the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock worth $8,396,000 after purchasing an additional 14,356 shares during the last quarter. Finally, Nebula Research & Development LLC purchased a new position in shares of Robinhood Markets during the second quarter worth $1,316,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood’s management is set to present at the Bernstein Strategic Decisions Conference next week, which could give investors updates on trading trends, product growth, and strategy. Conference appearances often help support sentiment by keeping the growth story in focus.
• Positive Sentiment: TradePMR, a Robinhood unit, scored a recruiting win with a $3 billion Wells Fargo team, highlighting continued progress in Robinhood’s advisory/custody business and broader expansion beyond core trading. Robinhood’s TradePMR Scores a Recruiting Win With a $3 Billion Wells Fargo Team
• Positive Sentiment: Robinhood relisted Algorand for U.S. retail users, suggesting the company is leaning back into crypto access and potentially increasing engagement from active traders. Robinhood Relists Algorand Raising Questions For Crypto Strategy And Valuation
• Neutral Sentiment: Robinhood’s CFO Shiv Verma sold 5,436 shares under a pre-arranged 10b5-1 plan. The sale is routine, but insider selling can still weigh on short-term sentiment. Robinhood Markets, Inc. insider transaction details
• Negative Sentiment: Investors are worried that Robinhood may be hurt by Congress’s prediction-market bill frenzy, which could create more regulatory uncertainty around an area tied to event-driven trading activity. Why Robinhood (HOOD) stock may stand to lose from Congress’s prediction market bill frenzy
• Negative Sentiment: Another bearish note argued that Robinhood’s customers are staying away, reflecting skepticism about near-term user engagement and trading volumes. Robinhood’s Customers Are Staying Away, You Should Too
• Negative Sentiment: Recent market commentary also pointed to softer crypto volumes and insider sales as reasons the stock may have moved lower, since Robinhood remains highly sensitive to transaction activity in crypto. Robinhood Markets Inc. (HOOD): Graham Stephan Got Out Early

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HOOD shares. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Citizens Jmp reiterated a “market outperform” rating and set a $155.00 price objective on shares of Robinhood Markets in a research note on Wednesday, April 29th. Barclays dropped their price objective on shares of Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Loop Capital set a $130.00 price objective on shares of Robinhood Markets in a research note on Monday, February 9th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.88.

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.