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

Posted by on Jun 6th, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total value of $836,800.00. Following the sale, the insider directly owned 481,396 shares of the company’s stock, valued at approximately $40,283,217.28. This represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Trading Down 6.6%

Shares of HOOD opened at $82.47 on Friday. The business’s 50-day moving average price is $78.09 and its 200 day moving average price is $93.03. The stock has a market capitalization of $74.27 billion, a P/E ratio of 39.84, a P/E/G ratio of 2.64 and a beta of 2.35. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.86.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion during 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 company’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.37 EPS. On average, research analysts predict that Robinhood Markets, Inc. will post 1.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HOOD. Needham & Company LLC dropped their price target on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Keefe, Bruyette & Woods dropped their price target on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. dropped their price target on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Barclays dropped their price target on 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, Truist Financial lowered their price target on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Nineteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $106.54.

Check Out Our Latest Report on Robinhood Markets

Trending Headlines about Robinhood Markets

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

  • Positive Sentiment: Director Meyer Malka bought 181,000 shares for about $15.1 million, a notable insider purchase that signals confidence in Robinhood’s outlook and helped support sentiment around the stock.
  • Positive Sentiment: Robinhood is getting a fresh growth narrative from its plan to open SpaceX IPO access to everyday investors, which could attract new users, deposits, and more engagement on the platform. Article Title
  • Positive Sentiment: FINRA’s elimination of the pattern day trader rule removes a major barrier for small-account traders, which could broaden Robinhood’s addressable market and increase trading activity. Article Title
  • Positive Sentiment: Goldman Sachs raised its price target on HOOD to $105 and kept a buy rating, reinforcing a constructive view on the stock despite recent volatility.
  • Positive Sentiment: Robinhood continues expanding beyond basic brokerage with advisor-network, AI, and wealth-management initiatives, which investors may see as a path to higher-quality recurring revenue. Article Title

Hedge Funds Weigh In On Robinhood Markets

Institutional investors and hedge funds have recently bought and sold shares of the business. Sound Income Strategies LLC grew its stake in Robinhood Markets by 152.6% during the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after acquiring an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC lifted its holdings in shares of Robinhood Markets by 527.8% during the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after buying an additional 190 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets during the 4th quarter valued at about $27,000. MV Capital Management Inc. acquired a new stake in shares of Robinhood Markets during the 4th quarter valued at about $27,000. Finally, Swiss RE Ltd. acquired a new stake in shares of Robinhood Markets during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Robinhood Markets Company Profile

(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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