Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $90.42, for a total value of $904,200.00. Following the completion of the sale, the insider owned 461,396 shares of the company’s stock, valued at approximately $41,719,426.32. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robinhood Markets Stock Down 0.8%
Robinhood Markets stock traded down $0.71 during midday trading on Wednesday, hitting $92.80. 14,271,520 shares of the company were exchanged, compared to its average volume of 29,041,713. The company has a market cap of $83.57 billion, a PE ratio of 40.88, a price-to-earnings-growth ratio of 1.88 and a beta of 2.35. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86. The company’s fifty day moving average price is $98.74 and its 200-day moving average price is $87.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $0.42 earnings per share. The business’s quarterly revenue was up 32.5% on a year-over-year basis. On average, research analysts predict that Robinhood Markets, Inc. will post 2 EPS for the current fiscal year.
Key Robinhood Markets News
- Positive Sentiment: Robinhood plans to list Robinhood Ventures Fund II on the New York Stock Exchange, giving retail investors access to a portfolio of private companies, including startups associated with Y Combinator. The initiative could expand Robinhood’s product lineup, attract assets and reinforce its appeal to younger investors. However, private-company investments are generally illiquid and higher risk. Robinhood’s New Fund Lets Anyone Invest in Y Combinator Startups, With a Catch
- Positive Sentiment: Robinhood’s U.K. registration for cryptocurrency services supports its international expansion strategy. The company’s event-contract business is also gaining traction, generating $156 million in second-quarter 2026 revenue, according to a market analysis. These newer businesses could diversify Robinhood beyond traditional stock trading. Robinhood’s UK Crypto Push: Growth Catalyst or Competitive Challenge?
- Positive Sentiment: Jim Cramer described Robinhood as having a “winning” platform, while one comparison said hedge funds currently favor HOOD over SoFi because of its faster-growing prediction-markets business. Robinhood also recently reported quarterly revenue growth of more than 32% and earnings above analyst expectations, supporting the bullish case. Lightning Round: Robinhood has a winning site, says Jim Cramer
- Neutral Sentiment: Analysts maintain an overall “Moderate Buy” view, but Cantor Fitzgerald issued a pessimistic price forecast, highlighting disagreement over HOOD’s valuation and outlook. Cantor Fitzgerald Issues Pessimistic Forecast for Robinhood Markets Stock Price
- Negative Sentiment: The U.K. crypto push faces limited permissions, intense competition and regulatory hurdles. Those constraints could limit the near-term financial benefit of the expansion. U.K. Crypto Expansion Risks
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. State Street Corp raised its position in shares of Robinhood Markets by 103.2% during the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after acquiring an additional 16,375,734 shares in the last quarter. Norges Bank bought a new stake in Robinhood Markets during the fourth quarter valued at $1,202,160,000. Amundi increased its stake in Robinhood Markets by 89.0% during the first quarter. Amundi now owns 6,385,232 shares of the company’s stock valued at $442,497,000 after purchasing an additional 3,007,103 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Robinhood Markets by 5,221.4% during the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock worth $289,519,000 after purchasing an additional 2,511,743 shares during the period. Finally, Jennison Associates LLC raised its holdings in shares of Robinhood Markets by 95.7% during the fourth quarter. Jennison Associates LLC now owns 4,412,036 shares of the company’s stock worth $499,001,000 after purchasing an additional 2,157,372 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research note on Wednesday, June 24th. Needham & Company LLC dropped their price objective on Robinhood Markets from $123.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. China Renaissance assumed coverage on Robinhood Markets in a research report on Tuesday, July 7th. They issued a “buy” rating on the stock. The Goldman Sachs Group reduced their target price on Robinhood Markets from $137.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Barclays decreased their price target on shares of Robinhood Markets from $122.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Twenty-one research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $120.52.
Get Our Latest Analysis on Robinhood Markets
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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