Key Points
- Robinhood director Meyer Malka bought 250,000 shares on June 5 at an average price of $80.74 each, a transaction worth about $20.2 million. After the purchase, he owned 3,924,427 shares, boosting his position by 6.8%.
- Malka also bought 181,000 shares on June 3 and 249,000 shares on May 28, signaling a string of recent insider purchases. These repeated buys may be read as a vote of confidence in the company.
- Robinhood shares were down 1.5% on the day, while the company’s last earnings report showed mixed results: EPS slightly missed estimates and revenue came in below expectations, though sales still rose 15.1% year over year.
Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) Director Meyer Malka bought 250,000 shares of Robinhood Markets stock in a transaction dated Friday, June 5th. The stock was purchased at an average cost of $80.74 per share, with a total value of $20,185,000.00. Following the completion of the acquisition, the director directly owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. The trade was a 6.80% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Meyer Malka also recently made the following trade(s):
- On Wednesday, June 3rd, Meyer Malka bought 181,000 shares of Robinhood Markets stock. The stock was purchased at an average cost of $83.45 per share, with a total value of $15,104,450.00.
- On Thursday, May 28th, Meyer Malka bought 249,000 shares of Robinhood Markets stock. The stock was purchased at an average cost of $80.39 per share, with a total value of $20,017,110.00.
Robinhood Markets Stock Down 1.5%
HOOD opened at $83.77 on Wednesday. The business has a 50 day moving average price of $78.74 and a two-hundred day moving average price of $92.42. The company has a market cap of $75.44 billion, a PE ratio of 40.47, a P/E/G ratio of 2.53 and a beta of 2.35. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86.
Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm's revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 earnings per share. As a group, sell-side analysts expect that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms have commented on HOOD. Citizens Jmp reaffirmed a "market outperform" rating and set a $155.00 price objective on shares of Robinhood Markets in a research note on Thursday, May 28th. Jefferies Financial Group reduced their price objective on Robinhood Markets from $88.00 to $84.00 and set a "buy" rating for the company in a research note on Monday, April 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a research note on Friday, March 27th. New Street Research set a $122.00 target price on Robinhood Markets in a research report on Thursday, March 5th. Finally, Wall Street Zen cut Robinhood Markets from a "hold" rating to a "sell" rating in a research report on Saturday, February 14th. Eighteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $110.18.
Check Out Our Latest Report on Robinhood Markets
Trending Headlines about Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an underwriter, which could expand Robinhood’s role in IPOs and create a new growth avenue beyond its core brokerage business. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
- Positive Sentiment: Analysts are raising their outlook on Robinhood as they see more value in the company’s prediction-markets business, suggesting Wall Street may be underestimating a fast-growing revenue stream. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn't Priced In
- Positive Sentiment: Robinhood reported May 2026 operating data, keeping investors focused on monthly business momentum and usage trends. Robinhood Markets, Inc. Reports May 2026 Operating Data
- Positive Sentiment: Director Meyer Malka bought 250,000 shares in an insider purchase worth about $20.2 million, a sign of confidence from a major company insider. Insider Trade: Meyer Malka Purchases Shares
- Neutral Sentiment: Several articles discussed Robinhood as a trending or heavily watched stock, but they did not add new fundamental information that clearly changes the investment outlook. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
- Negative Sentiment: Coverage also pointed to weakness in Robinhood’s crypto business and recent bearish commentary, which may be weighing on sentiment despite the new growth initiatives. Bear of the Day: Robinhood Markets (HOOD)
- Negative Sentiment: There were also reports of insider selling earlier in the period, which can create some caution even when offset by newer insider buying. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock
Hedge Funds Weigh In On Robinhood Markets
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Caisse Des Depots ET Consignations acquired a new stake in shares of Robinhood Markets in the 3rd quarter worth approximately $3,984,000. Aberdeen Group plc grew its holdings in shares of Robinhood Markets by 565.1% in the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company's stock worth $26,565,000 after acquiring an additional 157,643 shares during the period. NEOS Investment Management LLC acquired a new stake in shares of Robinhood Markets in the 3rd quarter worth approximately $11,994,000. Truist Financial Corp grew its holdings in shares of Robinhood Markets by 88.9% in the 4th quarter. Truist Financial Corp now owns 145,489 shares of the company's stock worth $16,455,000 after acquiring an additional 68,458 shares during the period. Finally, New York Life Investment Management LLC acquired a new stake in shares of Robinhood Markets in the 3rd quarter worth approximately $14,989,000. Institutional investors and hedge funds own 93.27% of the company's stock.
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.
Further Reading
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