Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 461,396 shares in the company, valued at $41,719,426.32. The trade was a 2.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robinhood Markets Stock Performance
Shares of NASDAQ HOOD opened at $90.71 on Friday. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86. The company has a market cap of $81.69 billion, a PE ratio of 39.96, a P/E/G ratio of 1.82 and a beta of 2.35. The stock has a 50 day simple moving average of $99.19 and a 200-day simple moving average of $86.77. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm earned $0.42 EPS. Robinhood Markets’s revenue was up 32.5% on a year-over-year basis. On average, equities research analysts forecast that Robinhood Markets, Inc. will post 2.02 EPS for the current year.
Key Robinhood Markets News
- Positive Sentiment: Robinhood’s prediction-markets business is emerging as a significant growth engine. Event contracts generated $156 million in second-quarter 2026 revenue, supporting the view that the company is diversifying beyond traditional stock and cryptocurrency trading. Why Hedge Funds Prefer Robinhood Stock Over SoFi
- Positive Sentiment: The company received U.K. regulatory approval to provide cryptocurrency services. The expansion creates a potential international growth catalyst, although restricted permissions, competition and regulatory obligations may limit near-term revenue. Robinhood’s UK Crypto Push
- Positive Sentiment: Robinhood plans to list a fund that would allow retail investors to gain exposure to Y Combinator startups. The product could broaden the platform and attract customer assets, while its structure and access limitations remain considerations. Robinhood to List a Fund That Lets Anyone Back Y Combinator Startups
- Positive Sentiment: Robinhood’s latest quarterly results were strong: earnings beat expectations, revenue reached $1.31 billion, and sales grew 32.5% year over year. The company also received favorable commentary about its competitive platform. Lightning Round: Robinhood Has a Winning Site
- Neutral Sentiment: Coverage contrasting Robinhood with SoFi argues that investors and hedge funds increasingly prefer HOOD because of its faster-growing prediction-markets and platform businesses. However, the comparison also highlights how high expectations can cause strong operating results to be overlooked by Wall Street. Why Wall Street Keeps Ignoring SoFi’s Record Growth for Robinhood
- Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for HOOD, adding pressure to a stock trading at a premium valuation following its substantial rally. Cantor Fitzgerald Issues Pessimistic Forecast
- Negative Sentiment: Director Daniel Martin Gallagher Jr. sold 10,000 shares for approximately $904,200. The sale was made under a pre-arranged Rule 10b5-1 plan and represents a relatively small reduction in his holdings, limiting its significance but still weighing modestly on sentiment. SEC Insider Transaction Filing
Analyst Ratings Changes
Several research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. China Renaissance initiated coverage on shares of Robinhood Markets in a report on Tuesday, July 7th. They set a “buy” rating on the stock. Barclays reduced their price target on shares of Robinhood Markets from $122.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Piper Sandler reaffirmed an “overweight” rating on shares of Robinhood Markets in a research note on Thursday, July 2nd. Finally, The Goldman Sachs Group lowered their price objective on shares of Robinhood Markets from $137.00 to $118.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Twenty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.52.
View Our Latest Report on Robinhood Markets
Institutional Investors Weigh In On Robinhood Markets
A number of large investors have recently added to or reduced their stakes in HOOD. State Street Corp grew its holdings in shares of Robinhood Markets by 103.2% in the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after purchasing an additional 16,375,734 shares during the last quarter. Norges Bank bought a new position in Robinhood Markets during the 4th quarter valued at about $1,202,160,000. Bank of New York Mellon Corp acquired a new position in Robinhood Markets in the second quarter valued at about $379,695,000. Amundi boosted its position in Robinhood Markets by 89.0% in the first quarter. Amundi now owns 6,385,232 shares of the company’s stock valued at $442,497,000 after buying an additional 3,007,103 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in Robinhood Markets by 5,221.4% during the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock worth $289,519,000 after buying an additional 2,511,743 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.
Robinhood Markets Company Profile
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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