Robinhood Markets (NASDAQ:HOOD) Director Meyer Malka Buys 181,000 Shares

Posted by on Jun 4th, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) Director Meyer Malka purchased 181,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were acquired at an average price of $83.45 per share, for a total transaction of $15,104,450.00. Following the completion of the purchase, the director directly owned 3,674,427 shares in the company, valued at $306,630,933.15. This represents a 5.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Thursday, May 28th, Meyer Malka bought 249,000 shares of Robinhood Markets stock. The stock was purchased at an average cost of $80.39 per share, for a total transaction of $20,017,110.00.

Robinhood Markets Stock Down 6.0%

HOOD opened at $82.85 on Thursday. The stock has a market cap of $74.61 billion, a PE ratio of 40.02, a P/E/G ratio of 2.64 and a beta of 2.35. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86. The business’s fifty day simple moving average is $77.51 and its 200 day simple moving average is $93.34.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released 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 firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm’s revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.37 EPS. As a group, equities analysts anticipate that Robinhood Markets, Inc. will post 1.85 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Truist Financial cut their target price on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Argus cut their target price on shares of Robinhood Markets from $102.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Citigroup reaffirmed a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. Finally, Wall Street Zen lowered shares of Robinhood Markets from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Nineteen research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $105.96.

Read Our Latest Research Report on Robinhood Markets

Institutional Trading of Robinhood Markets

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC increased its stake in shares of Robinhood Markets by 46.7% in 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 in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Robinhood Markets during the second quarter valued at $5,105,000. Federated Hermes Inc. grew its stake in Robinhood Markets by 106.2% during the second quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock valued at $5,988,000 after acquiring an additional 32,933 shares in the last quarter. NewEdge Advisors LLC grew its stake in Robinhood Markets by 19.1% during the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock valued at $8,396,000 after acquiring an additional 14,356 shares in the last quarter. Finally, Nebula Research & Development LLC purchased a new position in Robinhood Markets during the second quarter valued at $1,316,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Robinhood Markets News Roundup

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

  • Positive Sentiment: Director Meyer Malka bought 181,000 shares at an average of $83.45, a roughly $15.1 million insider purchase that signals strong confidence from a key company insider.
  • Positive Sentiment: Robinhood’s TradePMR unit is expanding its push into wealth management with a new RIA referral program, added client referral tools, AI capabilities, and broader IPO access for advisors’ clients, which could help grow higher-value institutional relationships.
  • Positive Sentiment: The company and TradePMR also plan to lower rates on margin and securities-backed lending in July, a move that could make the platform more attractive to registered investment advisors and their clients.
  • Positive Sentiment: Robinhood completed its acquisition of WonderFi, giving it an entry into Canada and expanding its crypto footprint with brands such as Bitbuy and Coinsquare.
  • Positive Sentiment: New agentic AI trading features and other product launches continue to reinforce the market’s view that Robinhood is evolving into a broader “super app” for investing and financial services.
  • Neutral Sentiment: Several reports this week highlighted Robinhood’s conference for advisors and its efforts to deepen TradePMR’s platform, but these updates are mainly execution milestones rather than immediate financial catalysts.
  • Neutral Sentiment: Bitcoin weakness remains a backdrop for Robinhood because the company has meaningful crypto exposure, but the direct stock impact is less clear from the latest articles.
  • Negative Sentiment: Robinhood still faces competitive pressure as Binance rolls out U.S. stock and ETF trading, which could intensify competition in its core brokerage market.
  • Negative Sentiment: Analysts have also noted that Robinhood must show more than AI excitement alone to justify its valuation, especially after the stock’s strong recent run.

About Robinhood Markets

(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.

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Insider Buying and Selling by Quarter for Robinhood Markets (NASDAQ:HOOD)

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