Robinhood Markets (NASDAQ:HOOD) Director Baiju Bhatt Sells 65,694 Shares of Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Baiju Bhatt sold 65,694 shares of Robinhood Markets stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $72.30, for a total transaction of $4,749,676.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD traded down $0.69 during trading on Thursday, reaching $76.84. 4,125,843 shares of the stock traded hands, compared to its average volume of 30,260,328. The stock has a market cap of $69.10 billion, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 1.48 and a beta of 2.43. The stock has a 50-day moving average of $100.89 and a two-hundred day moving average of $116.48. Robinhood Markets, Inc. has a 52-week low of $29.66 and a 52-week high of $153.86.

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

Hedge Funds Weigh In On Robinhood Markets

Several institutional investors have recently added to or reduced their stakes in HOOD. Banque Transatlantique SA raised its holdings in shares of Robinhood Markets by 32.2% during the 4th quarter. Banque Transatlantique SA now owns 15,000 shares of the company’s stock worth $1,697,000 after acquiring an additional 3,656 shares in the last quarter. MidFirst Bank bought a new stake in Robinhood Markets in the fourth quarter worth $426,000. Floyd Financial Group LLC purchased a new stake in Robinhood Markets during the fourth quarter valued at $991,000. Beaird Harris Wealth Management LLC lifted its position in Robinhood Markets by 3.6% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 31,502 shares of the company’s stock valued at $3,563,000 after purchasing an additional 1,089 shares during the last quarter. Finally, Kera Capital Partners Inc. lifted its position in Robinhood Markets by 0.5% during the fourth quarter. Kera Capital Partners Inc. now owns 113,340 shares of the company’s stock valued at $12,819,000 after purchasing an additional 619 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on HOOD shares. Needham & Company LLC decreased their target price on Robinhood Markets from $135.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Citizens Jmp restated a “market outperform” rating and set a $180.00 price target on shares of Robinhood Markets in a research note on Wednesday, February 11th. Wolfe Research upgraded Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price on the stock in a research report on Monday, February 9th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Robinhood Markets in a research report on Wednesday, February 11th. Finally, Wall Street Zen lowered Robinhood Markets from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.71.

More Robinhood Markets News

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

• Positive Sentiment: Cryptocurrency strength ahead of Nvidia earnings boosted trading outlook for Robinhood as bitcoin rallied, supporting expectations for higher crypto-related activity on HOOD’s platform. Bitcoin Price Rose Close to $70,000. What Nvidia Earnings Mean for Cryptos.
• Positive Sentiment: Shares jumped intraday after a rally in bitcoin renewed expectations for higher user engagement and trading volumes on Robinhood’s platform. Robinhood (HOOD) Stock Trades Up, Here Is Why
• Positive Sentiment: Robinhood launched a $1B closed-end fund (Robinhood Ventures Fund I) to give retail investors pre-IPO exposure (SpaceX, Stripe, Databricks), expanding feeable products beyond trading. This diversification could raise margins over time. Robinhood Opens Pre IPO Access With New US$1b Closed End Fund
• Positive Sentiment: Robinhood unveiled a testnet for its new blockchain chain — a move into infrastructure that may deepen crypto product moat and future revenue streams. Robinhood announces launch of testnet for its brand new chain
• Neutral Sentiment: Analysis arguing the market is overlooking Robinhood’s shift to higher-margin businesses — bullish thesis but notes recent headwinds (Q4 revenue miss, crypto weakness). Helpful for medium-term narrative but not an immediate catalyst. Why The Market Is Missing Robinhood’s High-Margin Makeover
• Neutral Sentiment: Market chatter and small intraday bounces cited by outlets (Benzinga, WallStreetBets mentions) — shows retail interest and volatility but not a sustained directional signal. Robinhood Stock Edges Higher Tuesday: What’s Driving The Action?
• Negative Sentiment: Director Baiju Bhatt sold ~65.7k shares (~$4.75M) late Feb — insider selling can weigh on sentiment even if preplanned. SEC filing — Baiju Bhatt Form 4
• Negative Sentiment: Analyst price-target cuts (reported ~15% reduction) and coverage noting Robinhood among “troubled financials” add downward pressure and can limit near-term upside. Robinhood Markets (HOOD) price target decreased by 15.09% to 130.24
• Negative Sentiment: Coverage re-examining Robinhood alongside other pressured financials highlights macro/sector risk and past Q4 revenue miss—factors that can keep the stock underperforming until top-line momentum returns. Revisiting 3 Troubled Financials: Has Anything Changed With Blue Owl, PayPal, or Robinhood?

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.