Daniel Martin Gallagher, Jr. Sells 10,000 Shares of Robinhood Markets (NASDAQ:HOOD) Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total transaction of $836,800.00. Following the sale, the insider directly owned 481,396 shares of the company’s stock, valued at approximately $40,283,217.28. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Stock Performance

HOOD traded down $5.86 on Friday, reaching $82.47. 35,199,825 shares of the company’s stock were exchanged, compared to its average volume of 29,844,258. The company’s 50 day moving average is $77.90 and its 200-day moving average is $93.10. The company has a market cap of $74.27 billion, a price-to-earnings ratio of 39.84, a PEG ratio of 2.48 and a beta of 2.35. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.37 EPS. Sell-side analysts forecast that Robinhood Markets, Inc. will post 1.85 EPS for the current year.

Hedge Funds Weigh In On Robinhood Markets

Large investors have recently added to or reduced their stakes in the company. Vision Financial Markets LLC lifted its stake in Robinhood Markets by 100.0% during the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the last quarter. CYBER HORNET ETFs LLC lifted its stake in Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after purchasing an additional 190 shares during the last quarter. MV Capital Management Inc. bought a new position in Robinhood Markets during the fourth quarter worth $27,000. Swiss RE Ltd. bought a new position in Robinhood Markets during the fourth quarter worth $27,000. Finally, Elyxium Wealth LLC bought a new position in Robinhood Markets during the fourth quarter worth $27,000. 93.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HOOD shares. Mizuho upped their price target on Robinhood Markets from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. New Street Research set a $122.00 price target on Robinhood Markets in a report on Thursday, March 5th. Barclays decreased their price target on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. Finally, Loop Capital set a $94.00 price target on Robinhood Markets in a report on Wednesday, May 27th. Nineteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $106.54.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood is benefiting from the end of FINRA’s Pattern Day Trader rule, which removes the $25,000 minimum for day trading and should make the platform more attractive to smaller retail accounts. Article link
• Positive Sentiment: The company is also getting attention for opening SpaceX IPO access to everyday investors, a move that could bring in new users, deposits, and more engagement on Robinhood’s platform. Article link
• Positive Sentiment: Director Meyer Malka bought 181,000 shares for about $15.1 million, adding to a prior purchase last week. Insider buying is often seen as a confidence signal from management.
• Positive Sentiment: Robinhood is expanding its wealth-management push through TradePMR, with advisor-network tools, AI features, lending perks, and broader access for RIAs, which could support longer-term revenue growth beyond retail trading. Article link
• Positive Sentiment: Goldman Sachs recently raised its price target on HOOD to $105 and kept a buy rating, reinforcing a constructive analyst view on the stock. Article link
• Neutral Sentiment: Robinhood’s presentation at the Piper Sandler fintech conference and other commentary this week were largely updates on strategy and execution rather than immediate earnings catalysts. Article link
• Negative Sentiment: Some articles also highlight ongoing valuation and competitive concerns, with investors still watching whether Robinhood can prove its new products translate into durable earnings growth. Article link

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.