Rep. Jonathan L. Jackson Buys Robinhood Markets, Inc. (NASDAQ:HOOD) Shares

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of Robinhood Markets, Inc. (NASDAQ:HOOD). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Robinhood Markets stock on October 8th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Shopify (NASDAQ:SHOP) on 10/8/2025.
• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 10/8/2025.
• Purchased $15,001 – $50,000 in shares of Shopify (NASDAQ:SHOP) on 10/6/2025.
• Purchased $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 9/5/2025.
• Purchased $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 9/3/2025.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 9/3/2025.
• Sold $1,001 – $15,000 in shares of ARM (NASDAQ:ARM) on 9/2/2025.
• Purchased $15,001 – $50,000 in shares of Doximity (NASDAQ:DOCS) on 8/25/2025.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 8/13/2025.

Robinhood Markets Trading Down 2.9%

HOOD opened at $131.93 on Wednesday. Robinhood Markets, Inc. has a 12 month low of $29.66 and a 12 month high of $153.86. The business’s 50-day moving average price is $131.37 and its 200-day moving average price is $101.53. The company has a market cap of $117.24 billion, a P/E ratio of 54.74, a P/E/G ratio of 3.17 and a beta of 2.42.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.20. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%.Robinhood Markets’s revenue for the quarter was up 100.0% compared to the same quarter last year. During the same period last year, the company earned $0.17 EPS. Equities research analysts forecast that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

HOOD has been the topic of several recent analyst reports. Keefe, Bruyette & Woods raised their target price on shares of Robinhood Markets from $121.00 to $135.00 and gave the stock a “market perform” rating in a report on Thursday, November 6th. Citigroup boosted their price objective on shares of Robinhood Markets from $120.00 to $135.00 and gave the company a “neutral” rating in a research report on Tuesday, September 23rd. Citizens Jmp upped their price objective on shares of Robinhood Markets from $170.00 to $180.00 and gave the company a “market outperform” rating in a research note on Friday, November 7th. Morgan Stanley raised their target price on Robinhood Markets from $110.00 to $146.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 1st. Finally, Bank of America boosted their price target on Robinhood Markets from $139.00 to $157.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Fourteen investment analysts have rated the stock with a Buy rating, eight have issued 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 an average target price of $132.65.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. HighTower Advisors LLC grew its position in Robinhood Markets by 6.4% in the 1st quarter. HighTower Advisors LLC now owns 50,264 shares of the company’s stock worth $2,092,000 after purchasing an additional 3,032 shares during the period. TD Private Client Wealth LLC boosted its stake in shares of Robinhood Markets by 184.4% in the 1st quarter. TD Private Client Wealth LLC now owns 1,829 shares of the company’s stock worth $76,000 after buying an additional 1,186 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Robinhood Markets by 3.1% in the first quarter. Wellington Management Group LLP now owns 16,261 shares of the company’s stock worth $677,000 after acquiring an additional 486 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in shares of Robinhood Markets by 125.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 19,201 shares of the company’s stock worth $799,000 after acquiring an additional 10,703 shares during the period. Finally, Metavasi Capital LP increased its position in Robinhood Markets by 275.0% during the first quarter. Metavasi Capital LP now owns 75,000 shares of the company’s stock valued at $3,122,000 after acquiring an additional 55,000 shares during the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Daniel Martin Gallagher, Jr. sold 25,000 shares of the company’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $148.34, for a total transaction of $3,708,500.00. Following the completion of the sale, the insider owned 565,949 shares of the company’s stock, valued at $83,952,874.66. This represents a 4.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Meyer Malka sold 1,093,288 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $103.87, for a total transaction of $113,559,824.56. Following the completion of the transaction, the director owned 3,976,234 shares in the company, valued at $413,011,425.58. This trade represents a 21.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 4,715,742 shares of company stock valued at $574,788,553. 19.95% of the stock is currently owned by company insiders.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

Robinhood Markets Company Profile

Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.