Baiju Bhatt Sells 67,422 Shares of Robinhood Markets (NASDAQ:HOOD) Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Baiju Bhatt sold 67,422 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $71.32, for a total value of $4,808,537.04. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Baiju Bhatt also recently made the following trade(s):

• 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 Trading Down 4.7%

NASDAQ HOOD opened at $69.08 on Wednesday. The stock has a market cap of $62.19 billion, a PE ratio of 33.53, a P/E/G ratio of 1.64 and a beta of 2.47. Robinhood Markets, Inc. has a twelve month low of $29.66 and a twelve month high of $153.86. The stock has a fifty day simple moving average of $85.01 and a 200-day simple moving average of $112.43.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company’s quarterly revenue was up 26.5% on a year-over-year basis. During the same period last year, the company earned $1.01 EPS. Research analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current year.

Robinhood Markets News Summary

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Board authorizes up to $1.5 billion share buyback, which boosts cash-return potential and supports EPS / shareholder confidence. Article Title
• Neutral Sentiment: Analyst activity is mixed: some firms (e.g., Mizuho) have reiterated positive ratings but trimmed price targets amid the stock’s recent weakness — a signal that upside is still expected but at a reset valuation. Article Title
• Neutral Sentiment: Coverage pieces and value-comparison write-ups are circulating (EVR vs HOOD, “has the market overreacted?” analyses) that may bring speculative trading and headlines but not immediate fundamental change. Article Title
• Neutral Sentiment: Reported spikes in short interest were posted in multiple feeds, but the underlying numbers appear inconsistent/erroneous (zero shares / NaN increases and 0 days-to-cover across reports), making it unclear whether short sellers are materially pressuring the stock right now.
• Negative Sentiment: Regulatory risk: reports that the Senate is moving to restrict prediction markets (a business area for Robinhood and peers) could hit future product expansion and revenue potential if new rules curb growth. Article Title
• Negative Sentiment: Sentiment and positioning concerns: commentary noting large YTD share declines and Robinhood’s strategic pivot toward banking/cards highlight execution risk and investor skepticism about sustainability of growth after crypto revenue declines. Article Title
• Negative Sentiment: Market reaction/context piece: a headline noting today’s dip (HOOD down more than the broader market) underscores that investor flows and sentiment — not just fundamentals — are amplifying volatility. Article Title

Institutional Investors Weigh In On Robinhood Markets

A number of hedge funds have recently bought and sold shares of the stock. Caisse Des Depots ET Consignations acquired a new stake in shares of Robinhood Markets during the 3rd quarter worth about $3,984,000. Aberdeen Group plc boosted its holdings in 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 purchasing an additional 157,643 shares in the last quarter. Jennison Associates LLC acquired a new position in Robinhood Markets in the third quarter valued at approximately $322,823,000. NEOS Investment Management LLC purchased a new position in Robinhood Markets in the third quarter valued at approximately $11,994,000. Finally, New York Life Investment Management LLC acquired a new stake in Robinhood Markets during the third quarter worth approximately $14,989,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HOOD. Compass Point reissued a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. The Goldman Sachs Group lowered their price objective on shares of Robinhood Markets from $152.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Cantor Fitzgerald cut their target price on Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. Finally, Barclays lowered their price target on Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $120.59.

About Robinhood Markets

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.