Key Points
- Robinhood insider Daniel Gallagher sold 10,000 shares for approximately $904,200 at an average price of $90.42, reducing his direct ownership by 2.12% to 461,396 shares. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Robinhood reported strong quarterly results, with revenue rising 32.5% year over year to $1.31 billion and EPS of $0.62, beating analyst expectations of $0.44.
- Wall Street remains broadly positive: 21 analysts rate HOOD a Buy and five rate it a Hold, producing a consensus “Moderate Buy” rating and an average price target of $120.52.
Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $90.42, for a total transaction of $904,200.00. Following the completion of the transaction, the insider directly owned 461,396 shares of the company's stock, valued at approximately $41,719,426.32. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robinhood Markets Stock Down 0.8%
Shares of Robinhood Markets stock opened at $92.80 on Thursday. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.86. The company has a market capitalization of $83.57 billion, a PE ratio of 40.88, a P/E/G ratio of 1.92 and a beta of 2.35. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. The business has a 50-day moving average of $99.07 and a 200-day moving average of $86.90.
Robinhood Markets (NASDAQ:HOOD - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $0.42 earnings per share. Robinhood Markets's revenue for the quarter was up 32.5% on a year-over-year basis. As a group, equities analysts forecast that Robinhood Markets, Inc. will post 2.02 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on HOOD shares. Sanford C. Bernstein lifted their price target on shares of Robinhood Markets from $130.00 to $160.00 and gave the stock an "outperform" rating in a research note on Monday, July 20th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a report on Wednesday, June 24th. Zacks Research upgraded shares of Robinhood Markets from a "strong sell" rating to a "hold" rating in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Robinhood Markets from $105.00 to $113.00 and gave the stock a "buy" rating in a report on Tuesday, June 30th. Finally, Argus upped their target price on shares of Robinhood Markets from $90.00 to $110.00 and gave the company a "buy" rating in a research note on Wednesday, June 17th. Twenty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $120.52.
View Our Latest Stock Report on HOOD
Institutional Investors Weigh In On Robinhood Markets
Institutional investors have recently modified their holdings of the business. Truist Financial Corp grew its holdings in shares of Robinhood Markets by 88.9% during the fourth quarter. Truist Financial Corp now owns 145,489 shares of the company's stock valued at $16,455,000 after purchasing an additional 68,458 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Robinhood Markets by 86.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 100,849 shares of the company's stock worth $11,406,000 after purchasing an additional 46,688 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Robinhood Markets by 196.3% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 722,857 shares of the company's stock valued at $81,755,000 after buying an additional 478,919 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in shares of Robinhood Markets by 100.0% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 60,000 shares of the company's stock valued at $6,786,000 after buying an additional 30,000 shares during the last quarter. Finally, Swiss Life Asset Management Ltd boosted its position in Robinhood Markets by 107.8% during the 4th quarter. Swiss Life Asset Management Ltd now owns 272,604 shares of the company's stock worth $30,832,000 after acquiring an additional 141,440 shares during the period. Institutional investors own 93.27% of the company's stock.
Key Stories Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Robinhood received approval from the U.K. Financial Conduct Authority to provide cryptocurrency services, expanding its international growth opportunity. However, limited permissions, regulatory requirements and intense competition could slow near-term benefits. Robinhood's UK Crypto Push: Growth Catalyst or Competitive Challenge?
- Positive Sentiment: Prediction markets are emerging as a major growth driver: event contracts generated $156 million in second-quarter 2026 revenue, helping strengthen the case that Robinhood is becoming more than a traditional stock-trading app. Why Hedge Funds Prefer Robinhood Stock Over SoFi
- Positive Sentiment: The company plans to list a fund giving retail investors access to investments in Y Combinator startups. The product could broaden Robinhood’s offerings and attract additional customer assets, although its structure includes limitations. Robinhood to List a Fund That Lets Anyone Back Y Combinator Startups
- Positive Sentiment: Robinhood recently reported strong second-quarter results, with revenue up roughly 32% year over year and earnings exceeding analyst expectations. Jim Cramer also described the company’s platform as having a competitive advantage. Lightning Round: Robinhood Has a Winning Site
- Neutral Sentiment: Robinhood is launching a second venture fund targeting up to $200 million, potentially creating fee revenue and product diversification but also adding execution and investment risks. Robinhood Launches Second Venture Fund
- Negative Sentiment: Cantor Fitzgerald issued a pessimistic price forecast, adding pressure to investor expectations after Robinhood’s substantial rally and elevated valuation. Cantor Fitzgerald Issues Pessimistic Forecast
- Negative Sentiment: Director Daniel Gallagher sold 10,000 shares worth approximately $904,200. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but insider selling can still weigh modestly on sentiment. SEC Insider Transaction 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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