Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) Director Baiju Bhatt sold 57,261 shares of the business's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $86.38, for a total transaction of $4,946,205.18. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Baiju Bhatt also recently made the following trade(s):
- On Friday, March 20th, Baiju Bhatt sold 67,422 shares of Robinhood Markets stock. The shares were sold at an average price of $71.32, for a total value of $4,808,537.04.
- On Monday, February 23rd, Baiju Bhatt sold 65,694 shares of Robinhood Markets stock. The shares were sold at an average price of $72.30, for a total value of $4,749,676.20.
Robinhood Markets Price Performance
Shares of NASDAQ HOOD opened at $91.28 on Tuesday. The business has a 50-day moving average of $75.41 and a two-hundred day moving average of $105.67. The company has a market capitalization of $82.18 billion, a price-to-earnings ratio of 44.31, a price-to-earnings-growth ratio of 2.64 and a beta of 2.46. Robinhood Markets, Inc. has a 1 year low of $39.21 and a 1 year high of $153.86.
Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the business posted $1.01 EPS. The business's revenue for the quarter was up 26.5% on a year-over-year basis. As a group, equities research analysts expect that Robinhood Markets, Inc. will post 2.01 earnings per share for the current year.
Analysts Set New Price Targets
A number of analysts have weighed in on HOOD shares. Compass Point reissued a "buy" rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Zacks Research cut shares of Robinhood Markets from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 8th. Morgan Stanley cut their price target on shares of Robinhood Markets from $147.00 to $95.00 and set an "equal weight" rating on the stock in a research note on Friday, April 10th. Cantor Fitzgerald reduced their price target on shares of Robinhood Markets from $130.00 to $100.00 and set an "overweight" rating for the company in a research report on Tuesday, February 17th. Finally, New Street Research set a $122.00 price objective on shares of Robinhood Markets in a research note on Thursday, March 5th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $109.63.
Get Our Latest Stock Report on HOOD
Institutional Investors Weigh In On Robinhood Markets
Large investors have recently modified their holdings of the stock. Caisse Des Depots ET Consignations purchased a new position in Robinhood Markets during the 3rd quarter worth $3,984,000. Aberdeen Group plc boosted its holdings in shares of Robinhood Markets by 565.1% in the third quarter. Aberdeen Group plc now owns 185,538 shares of the company's stock valued at $26,565,000 after acquiring an additional 157,643 shares in the last quarter. Jennison Associates LLC purchased a new stake in shares of Robinhood Markets in the third quarter valued at about $322,823,000. NEOS Investment Management LLC acquired a new position in shares of Robinhood Markets during the third quarter worth about $11,994,000. Finally, New York Life Investment Management LLC acquired a new position in shares of Robinhood Markets during the third quarter worth about $14,989,000. Hedge funds and other institutional investors own 93.27% of the company's stock.
Key Headlines Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Mizuho raised its price target to $115 (Outperform), citing the SEC’s removal of the $25,000 PDT requirement and an expected surge in intraday trading activity that benefits Robinhood’s products and margin revenue. This analyst backing is a near-term catalyst for sentiment and multiple expansion. Mizuho Raises Robinhood to $115
- Positive Sentiment: The SEC officially replaced the $25,000 pattern-day-trader rule with a modern intraday margin framework, allowing much smaller accounts to day trade — a structural tailwind for Robinhood’s active-user engagement, order flow and margin revenues. The PDT Rule Is On Its Way Out
- Positive Sentiment: Analyst and media commentary highlights Robinhood’s push beyond trading into payments, subscriptions and crypto, strengthening the bull case for diversified revenue streams and longer-term monetization. This narrative supports investor optimism around multiple re-rating if execution continues. Robinhood Expands Beyond Trading
- Neutral Sentiment: Billionaire investor John Arnold warned that prediction markets can endanger young users — commentary that could influence regulatory scrutiny around new products but is not an immediate operational issue for Robinhood. John Arnold: Prediction Markets Endanger Young Users
- Neutral Sentiment: CEO Vlad Tenev gave media interviews about his vision and legacy — positive for brand/storytelling but unlikely to move fundamentals near-term. Vlad Tenev Interview
- Negative Sentiment: Director Baiju Bhatt sold 57,261 shares under a pre-arranged Rule 10b5-1 plan (roughly $4.95M at the trade price); additional reporting flagged insider sales of ~$725k. While preplanned sales are common, sizable insider disposals can create short-term selling pressure or signal liquidity needs. SEC Filing: Baiju Bhatt Sale
About Robinhood Markets
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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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