Robinhood Markets (NASDAQ:HOOD) Insider Sells $2,324,464.92 in Stock

Posted by Brenda Bartman on Jul 10th, 2026

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) insider Steven Quirk sold 19,377 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $119.96, for a total transaction of $2,324,464.92. Following the completion of the transaction, the insider directly owned 62,612 shares in the company, valued at approximately $7,510,935.52. The trade was a 23.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Stock Up 1.4%

Shares of NASDAQ:HOOD opened at $115.11 on Friday. The business’s 50 day moving average is $90.20 and its 200 day moving average is $89.33. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86. The stock has a market cap of $103.66 billion, a price-to-earnings ratio of 55.61, a PEG ratio of 2.54 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (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 during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the company earned $0.37 EPS. The business’s revenue was up 15.1% compared to the same quarter last year. As a group, equities research analysts expect that Robinhood Markets, Inc. will post 1.81 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC lifted its position in Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after buying an additional 145 shares during the period. CYBER HORNET ETFs LLC lifted its stake in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after buying an additional 190 shares in the last quarter. Elyxium Wealth LLC bought a new position in Robinhood Markets in the 4th quarter valued at approximately $27,000. MV Capital Management Inc. bought a new position in shares of Robinhood Markets during the fourth quarter valued at $27,000. Finally, Swiss RE Ltd. purchased 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.

Trending Headlines about Robinhood Markets

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

Positive Sentiment: Robinhood’s newly launched blockchain is generating strong interest, with reports of a memecoin frenzy, record DEX volume, and growing retail activity on Robinhood Chain, which supports the bullish growth narrative. Article: Trader turns $800 into $1 million
Positive Sentiment: Barclays raised its price target on HOOD from $82 to $122 and kept an overweight rating, reinforcing optimism that the stock still has room to run.
Positive Sentiment: Coverage around Robinhood’s crypto and tokenization push, including Robinhood Chain, stock tokens, DeFi lending, perpetual futures, and AI trading, continues to support expectations for future revenue growth. Article: HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
Neutral Sentiment: Several articles highlighted rising attention on Robinhood’s memecoin ecosystem and broad media interest in the company, which adds visibility but is not a direct fundamental catalyst. Article: Robinhood’s Memecoin Boom Shows Crypto’s Retail Market Is No Joke
Neutral Sentiment: Recent insider sales by Robinhood executives and directors may slightly weigh on sentiment, though the transactions were pre-arranged under Rule 10b5-1 plans and do not necessarily signal a change in business outlook.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on HOOD shares. The Goldman Sachs Group boosted their target price on shares of Robinhood Markets from $108.00 to $121.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Zacks Research raised Robinhood Markets from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $155.00 price target on shares of Robinhood Markets in a report on Thursday, May 28th. Argus upped their price objective on shares of Robinhood Markets from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Robinhood Markets from $105.00 to $113.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Twenty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $116.74.

Read Our Latest Report on Robinhood Markets

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.