Key Points
- Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood on May 4 at an average price of $76.89 under a pre‑arranged Rule 10b5‑1 plan, generating about $768,900 and trimming his stake by 2.26% to 432,849 shares (~$33.28M).
- Robinhood’s Q1 results showed an EPS of $0.38 (missing estimates by $0.01) and revenue of $1.07B versus $1.14B expected, with a crypto revenue slump cited as a driver of recent share‑price weakness despite 15.1% year‑over‑year revenue growth.
- Positive growth catalysts include the Ventures Fund I drawing over 150,000 retail investors and in‑principle approval to offer brokerage services in Singapore, while analysts maintain a "Moderate Buy" consensus with an average target near $107.88.
Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total value of $768,900.00. Following the sale, the insider owned 432,849 shares in the company, valued at approximately $33,281,759.61. This trade represents a 2.26% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robinhood Markets Price Performance
NASDAQ HOOD opened at $79.05 on Thursday. The firm has a market cap of $71.17 billion, a PE ratio of 38.19, a price-to-earnings-growth ratio of 2.52 and a beta of 2.29. Robinhood Markets, Inc. has a one year low of $48.32 and a one year high of $153.86. The stock's 50 day simple moving average is $76.38 and its 200 day simple moving average is $101.36.
Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm's revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. As a group, equities analysts expect that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.
Institutional Trading of Robinhood Markets
Several hedge funds and other institutional investors have recently modified their holdings of HOOD. Empowered Funds LLC raised its stake in shares of Robinhood Markets by 46.7% in the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company's stock valued at $2,076,000 after purchasing an additional 15,885 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Robinhood Markets in the 2nd quarter valued at about $5,105,000. Federated Hermes Inc. raised its stake in shares of Robinhood Markets by 106.2% in the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company's stock valued at $5,988,000 after purchasing an additional 32,933 shares during the period. NewEdge Advisors LLC raised its stake in shares of Robinhood Markets by 19.1% in the 2nd quarter. NewEdge Advisors LLC now owns 89,676 shares of the company's stock valued at $8,396,000 after purchasing an additional 14,356 shares during the period. Finally, Nebula Research & Development LLC acquired a new stake in shares of Robinhood Markets in the 2nd quarter valued at about $1,316,000. Institutional investors and hedge funds own 93.27% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. KeyCorp decreased their price target on Robinhood Markets from $120.00 to $110.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 21st. Barclays reduced their price objective on Robinhood Markets from $89.00 to $82.00 and set an "overweight" rating on the stock in a report on Wednesday, April 29th. Wolfe Research raised Robinhood Markets from a "peer perform" rating to an "outperform" rating and set a $125.00 price objective on the stock in a report on Monday, February 9th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $110.00 price objective on shares of Robinhood Markets in a report on Wednesday, April 29th. Finally, Truist Financial reduced their price objective on Robinhood Markets from $120.00 to $100.00 and set a "buy" rating on the stock in a report on Monday, April 13th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $107.88.
Read Our Latest Research Report on HOOD
Robinhood Markets News Roundup
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood’s new Ventures Fund I drew more than 150,000 retail investors at IPO, signaling strong consumer demand for products that give retail access to private-company exposure — a potential new recurring-fee and assets-under-management growth channel. Robinhood's venture fund IPO attracted 150,000+ retail investors, CEO says
- Positive Sentiment: Robinhood reports the same Ventures Fund milestone across outlets and highlights the democratization narrative, which can boost brand momentum and cross-sell opportunities. Robinhood Opens Private Markets to 150,000 Retail Investors
- Positive Sentiment: Regulatory in‑principle approval to offer brokerage services in Singapore opens a large APAC market and gives Robinhood a foothold for international customer acquisition and product expansion. Robinhood (HOOD) Receives In-Principle Approval to Launch Brokerage Services in Singapore
- Neutral Sentiment: CEO Vlad Tenev’s bullish statements on prediction markets and retail engagement (media appearances and earnings commentary) underscore strategic diversification, but commercialization scale and monetization timelines remain uncertain. Robinhood CEO issues bold outlook on prediction markets business
- Neutral Sentiment: Competitive pressure in crypto trading is rising as legacy financial firms and exchanges roll out new products that could win market share; impact depends on Robinhood’s ability to defend trading volumes and fees. 91-year-old Wall Street bank to challenge Coinbase, Robinhood
- Negative Sentiment: Recent Q1 results revealed a crypto revenue slump and a revenue miss vs. estimates, which drove a sharp selloff earlier this month and keeps near-term earnings growth uncertain until trading activity stabilizes. ETFs to Watch as HOOD Lags Q1 Earnings Amid Crypto Trading Slump
- Negative Sentiment: An insider sold 10,000 shares under a pre-arranged 10b5-1 plan; while disclosed as planned, insider sales can be perceived negatively by some investors. Insider sale: Daniel Martin Gallagher, Jr. SEC filing
About Robinhood Markets
(
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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