Key Points
- Insider sale: On December 3, Steven Quirk sold 49,942 shares of Robinhood at an average price of $131.15 for about $6.55 million, reducing his ownership by 47.82% to 54,496 shares (worth roughly $7.15 million).
- Earnings and stock metrics: Robinhood reported a quarterly EPS of $0.61 (beating $0.41 est.) and revenue of $1.27 billion (up 100% YoY); the stock trades near $132 with a 52‑week range of $29.66–$153.86 and a market cap around $118.7 billion.
- Analyst sentiment: Several firms have raised price targets (e.g., BofA to $157, Morgan Stanley to $146, KeyCorp to $155) and MarketBeat shows a consensus of "Moderate Buy" with an average target of $136.95.
Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) insider Steven Quirk sold 49,942 shares of the business's stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the transaction, the insider owned 54,496 shares in the company, valued at $7,147,150.40. This represents a 47.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Robinhood Markets Stock Performance
Shares of NASDAQ:HOOD opened at $131.95 on Friday. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86. The company has a market capitalization of $118.65 billion, a P/E ratio of 54.75, a price-to-earnings-growth ratio of 3.08 and a beta of 2.43. The company has a 50-day simple moving average of $133.29 and a 200 day simple moving average of $109.43.
Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.20. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%.The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the company earned $0.17 earnings per share. The business's revenue for the quarter was up 100.0% compared to the same quarter last year. As a group, equities analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.
Analysts Set New Price Targets
A number of research firms recently weighed in on HOOD. Bank of America increased their price target on Robinhood Markets from $139.00 to $157.00 and gave the company a "buy" rating in a research note on Thursday, October 2nd. Zacks Research upgraded shares of Robinhood Markets from a "hold" rating to a "strong-buy" rating in a report on Friday, November 28th. Morgan Stanley increased their price objective on shares of Robinhood Markets from $110.00 to $146.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 1st. Piper Sandler restated an "overweight" rating on shares of Robinhood Markets in a research note on Wednesday, November 26th. Finally, KeyCorp lifted their target price on shares of Robinhood Markets from $135.00 to $155.00 and gave the stock an "overweight" rating in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $136.95.
Read Our Latest Research Report on Robinhood Markets
Institutional Trading of Robinhood Markets
A number of institutional investors have recently bought and sold shares of the business. North Star Investment Management Corp. boosted its stake in shares of Robinhood Markets by 44.9% in the third quarter. North Star Investment Management Corp. now owns 255 shares of the company's stock valued at $37,000 after buying an additional 79 shares during the period. First Command Advisory Services Inc. increased its stake in Robinhood Markets by 33.8% during the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company's stock worth $46,000 after acquiring an additional 81 shares during the period. CogentBlue Wealth Advisors LLC raised its holdings in Robinhood Markets by 3.8% in the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company's stock valued at $342,000 after acquiring an additional 87 shares in the last quarter. ORG Partners LLC lifted its position in shares of Robinhood Markets by 5.5% during the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company's stock valued at $269,000 after acquiring an additional 97 shares during the period. Finally, Golden State Wealth Management LLC lifted its position in shares of Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company's stock valued at $27,000 after acquiring an additional 99 shares during the period. Institutional investors own 93.27% of the company's stock.
Robinhood Markets Company Profile
(
Get Free Report)
Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.
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