Robinhood Markets (NASDAQ:HOOD) CEO Vladimir Tenev Sells 375,000 Shares

Robinhood Markets, Inc. (NASDAQ:HOOD) CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.83, for a total value of $26,186,250.00. Following the completion of the sale, the chief executive officer owned 375,000 shares in the company, valued at $26,186,250. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Stock Up 3.1%

Shares of NASDAQ HOOD traded up $2.18 during trading on Wednesday, reaching $71.83. The company had a trading volume of 32,847,889 shares, compared to its average volume of 29,224,408. The company’s fifty day moving average price is $77.13 and its 200-day moving average price is $108.97. Robinhood Markets, Inc. has a 12 month low of $33.55 and a 12 month high of $153.86. The stock has a market cap of $64.67 billion, a P/E ratio of 34.87, a PEG ratio of 1.63 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the company posted $1.01 EPS. The business’s revenue was up 26.5% on a year-over-year basis. As a group, equities analysts predict that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. World Investment Advisors raised its stake in Robinhood Markets by 18.5% during the 4th quarter. World Investment Advisors now owns 15,635 shares of the company’s stock worth $1,768,000 after buying an additional 2,443 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in Robinhood Markets during the 4th quarter worth approximately $57,000. Corient Private Wealth LLC raised its stake in Robinhood Markets by 94.3% during the 4th quarter. Corient Private Wealth LLC now owns 93,449 shares of the company’s stock worth $10,588,000 after buying an additional 45,344 shares during the period. Hsbc Holdings PLC raised its stake in Robinhood Markets by 9.8% during the 4th quarter. Hsbc Holdings PLC now owns 1,449,346 shares of the company’s stock worth $164,612,000 after buying an additional 129,095 shares during the period. Finally, SHP Wealth Management acquired a new position in Robinhood Markets during the 4th quarter worth approximately $32,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Selected by the U.S. Treasury to help run the new government-backed “Trump Accounts” for children — this gives Robinhood a role in an anticipated mass onboarding effort, possible recurring deposits and long-term customer relationships that could increase assets under custody and transaction flow. Trump Accounts put Robinhood in front of the next generation of investors
• Positive Sentiment: Barclays lowered its price target from $124 to $89 but kept an “overweight” rating — the new $89 target implies meaningful upside vs. current levels and signals a continued bullish view on ROIC and growth prospects despite a smaller valuation cushion. Benzinga article
• Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage with a “market perform” rating and a $75 price target — modest upside from current levels but not a strong buy signal; adds another institutional viewpoint for market consensus. Benzinga article
• Negative Sentiment: Analysts and outlets report multiple price-target cuts and more cautious recommendations from several firms — this compresses near-term sentiment and could cap upside until growth/volume visibility improves. Price target reductions report
• Negative Sentiment: Sector note — Barclays downgraded Coinbase citing weak crypto volumes, highlighting that softer crypto trading could pressure exchanges’ profitability; weakness in crypto volumes is a cross-cutting risk for Robinhood’s crypto revenue stream. Coinbase downgraded at Barclays
• Negative Sentiment: Jefferies issued a pessimistic forecast on HOOD — adds downside analyst pressure that can amplify selling if macro or user-activity data disappoint. Jefferies forecast article

Analyst Ratings Changes

HOOD has been the topic of a number of recent analyst reports. Citizens Jmp reissued a “market outperform” rating and issued a $180.00 price objective on shares of Robinhood Markets in a research note on Wednesday, February 11th. Needham & Company LLC dropped their price objective on Robinhood Markets from $100.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. 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 research note on Monday, February 9th. New Street Research set a $122.00 price objective on Robinhood Markets in a research note on Thursday, March 5th. Finally, KeyCorp dropped their price objective on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. Eighteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $113.46.

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.