Robinhood Markets (NASDAQ:HOOD) Trading Down 1.2% Following Insider Selling

Posted by Brenda Bartman on Sep 23rd, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s stock price dropped 1.2% on Wednesday after an insider sold shares in the company. The company traded as low as $122.24 and last traded at $122.70. Approximately 18,972,813 shares changed hands during trading, a decline of 31% from the average daily volume of 27,622,008 shares. The stock had previously closed at $124.25.

Specifically, CEO Vladimir Tenev sold 259,166 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $125.58, for a total value of $32,546,066.28. Following the sale, the chief executive officer directly owned 259,166 shares of the company’s stock, valued at $32,546,066.28. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shiv Verma sold 11,472 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $110.42, for a total transaction of $1,266,738.24. Following the transaction, the chief financial officer directly owned 56,858 shares of the company’s stock, valued at approximately $6,278,260.36. This trade represents a 16.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Piper Sandler reaffirmed an “overweight” rating and issued a $145.00 price objective (up from $135.00) on shares of Robinhood Markets in a report on Wednesday, September 2nd. KeyCorp raised their price target on shares of Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $160.00 price target on shares of Robinhood Markets in a report on Tuesday, September 8th. Wall Street Zen raised Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Citizens Jmp lifted their target price on Robinhood Markets from $155.00 to $165.00 and gave the company a “market outperform” rating in a research note on Friday, September 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $130.70.

Read Our Latest Research Report on HOOD

More Robinhood Markets News

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

Positive Sentiment: Prediction markets are broadening beyond sports. Robinhood is seeing growing interest in crypto-linked contracts, which could expand trading activity and revenue while differentiating the platform. CEO Vlad Tenev has said crypto could eventually dominate prediction markets, though the business faces increasing regulatory scrutiny. Robinhood’s Prediction Markets Move Beyond Sports: Why It Matters
Positive Sentiment: Robinhood Chain is integrating with Zerion. The partnership gives users portfolio-management and decentralized-finance access, while reported decentralized-exchange volume of $1.88 billion highlights potential demand for Robinhood’s blockchain ecosystem. Robinhood Chain integrates with Zerion as DEX volume reaches $1.88B
Positive Sentiment: Analysts and bullish commentators remain constructive. Robinhood has a consensus “Moderate Buy” rating, while bullish research points to a possible crypto-led revenue recovery and more than 20% revenue growth in 2027. Analysts have also identified Robinhood as a potential leader in tokenized stocks. Robinhood Receives Consensus Recommendation of Moderate Buy
Neutral Sentiment: Market attention is elevated. HOOD is among the most-watched stocks, and recent coverage highlights strong business momentum, including prior earnings that exceeded expectations and revenue growth. However, high investor interest can also increase volatility.
Negative Sentiment: CEO Vladimir Tenev sold $32.5 million of stock. The transaction halved his direct position, potentially weighing on sentiment. It was executed under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary signal. SEC insider transaction filing
Negative Sentiment: Valuation and execution risks remain. Commentary questioning whether HOOD is underperforming the Nasdaq underscores that the stock’s substantial rally has raised expectations. Prediction-market regulation, cryptocurrency dependence and the possibility of slower growth could pressure the shares if results fail to justify the premium valuation.

Robinhood Markets Trading Down 1.2%

The business’s 50 day moving average price is $103.86 and its two-hundred day moving average price is $91.65. The company has a market capitalization of $110.32 billion, a price-to-earnings ratio of 54.05, a price-to-earnings-growth ratio of 2.46 and a beta of 2.34. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.18. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter last year, the business earned $0.42 earnings per share. Equities analysts forecast that Robinhood Markets, Inc. will post 2.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Robinhood Markets

Several hedge funds have recently modified their holdings of the company. Parkside Financial Bank & Trust lifted its holdings in shares of Robinhood Markets by 11.9% in the second quarter. Parkside Financial Bank & Trust now owns 1,089 shares of the company’s stock worth $109,000 after acquiring an additional 116 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Robinhood Markets by 2.8% during the 4th quarter. Sivia Capital Partners LLC now owns 4,310 shares of the company’s stock valued at $487,000 after purchasing an additional 117 shares during the last quarter. Constant Guidance Financial LLC grew its holdings in shares of Robinhood Markets by 5.3% during the 4th quarter. Constant Guidance Financial LLC now owns 2,571 shares of the company’s stock valued at $291,000 after purchasing an additional 129 shares during the last quarter. MCF Advisors LLC increased its position in Robinhood Markets by 52.6% during the 4th quarter. MCF Advisors LLC now owns 377 shares of the company’s stock worth $43,000 after purchasing an additional 130 shares in the last quarter. Finally, RFG Advisory LLC increased its position in Robinhood Markets by 4.0% during the 2nd quarter. RFG Advisory LLC now owns 3,505 shares of the company’s stock worth $351,000 after purchasing an additional 135 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Robinhood Markets Company Profile

(Get Free Report)

Robinhood Markets, Inc is a financial services company that operates a digital investing and trading platform. Through its mobile app and website, the company provides access to U.S. stocks, exchange-traded funds, options, cryptocurrencies and other investment products. Robinhood also offers individual retirement accounts, margin investing and cash-management services, subject to applicable eligibility requirements and regulations.

The company generates revenue from sources that include interest earned on customer cash and margin balances, transaction-based revenue related to options and cryptocurrency trading, subscription fees for Robinhood Gold and other service-related activities.