Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) Director Paula Loop sold 8,336 shares of the stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $120.00, for a total value of $1,000,320.00. Following the transaction, the director directly owned 63,674 shares of the company’s stock, valued at $7,640,880. The trade was a 11.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robinhood Markets Stock Down 4.0%
Shares of NASDAQ HOOD traded down $4.65 during midday trading on Tuesday, hitting $112.90. The stock had a trading volume of 21,745,270 shares, compared to its average volume of 30,399,785. The stock has a 50 day simple moving average of $88.38 and a 200-day simple moving average of $89.42. The company has a market capitalization of $101.67 billion, a PE ratio of 54.54, a P/E/G ratio of 2.53 and a beta of 2.33. 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 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. As a group, analysts expect that Robinhood Markets, Inc. will post 1.81 earnings per share for the current fiscal year.
Institutional Trading of Robinhood Markets
More Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: China Renaissance initiated coverage on Robinhood with a buy rating, adding a fresh analyst endorsement and potentially improving sentiment around the stock.
- Positive Sentiment: Multiple reports highlighted Robinhood’s expanding growth story, including its international push, new AI-powered trading tools, and blockchain/DeFi initiatives, which investors may view as long-term revenue drivers. Robinhood (HOOD) Stock Soars 14% on AI Trading Platform and Blockchain Launch
- Positive Sentiment: Robinhood’s Trump Accounts commentary and related media coverage reinforced the idea that the company can monetize new product launches, especially as the program rolls out.
- Positive Sentiment: Analyst and media coverage also pointed to strengthening business momentum ahead of the company’s July 29 earnings report, with expectations that a beat could lead to estimate revisions and renewed upside.
- Neutral Sentiment: Several articles noted heavy investor attention on HOOD and broad fintech interest, but these are more sentiment indicators than direct fundamentals.
- Negative Sentiment: Some commentary still flagged lower 2026 earnings estimates, suggesting investors will be looking for confirmation that Robinhood’s new initiatives can translate into profits.
Analysts Set New Price Targets
Several research analysts recently issued reports on the company. Zacks Research upgraded Robinhood Markets from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. The Goldman Sachs Group increased their target price on Robinhood Markets from $108.00 to $121.00 and gave the company a “buy” rating in a report on Monday, June 29th. Jefferies Financial Group dropped their price target on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research report on Monday, April 6th. BTIG Research restated a “buy” rating and issued a $125.00 price objective on shares of Robinhood Markets in a research report on Thursday, July 2nd. Finally, Needham & Company LLC increased their price objective on Robinhood Markets from $85.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Twenty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.00.
Check Out Our Latest Report on HOOD
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.
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