Robinhood Markets (NASDAQ:HOOD) Director Baiju Bhatt Sells 57,261 Shares

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Baiju Bhatt sold 57,261 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $86.38, for a total value of $4,946,205.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, March 20th, Baiju Bhatt sold 67,422 shares of Robinhood Markets stock. The shares were sold at an average price of $71.32, for a total value of $4,808,537.04.
• On Monday, February 23rd, Baiju Bhatt sold 65,694 shares of Robinhood Markets stock. The stock was sold at an average price of $72.30, for a total value of $4,749,676.20.

Robinhood Markets Stock Up 0.6%

Shares of NASDAQ:HOOD traded up $0.53 on Monday, hitting $91.28. 35,389,929 shares of the company traded hands, compared to its average volume of 30,439,123. The company has a market cap of $82.18 billion, a PE ratio of 44.31, a PEG ratio of 2.64 and a beta of 2.46. The stock has a 50 day simple moving average of $75.32 and a 200-day simple moving average of $106.05. Robinhood Markets, Inc. has a 52 week low of $39.21 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results 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. 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 for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the business posted $1.01 EPS. Robinhood Markets’s revenue was up 26.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Robinhood Markets, Inc. will post 2.01 earnings per share for the current year.

Institutional Trading of Robinhood Markets

Large investors have recently made changes to their positions in the stock. Valley National Advisers Inc. boosted its position in Robinhood Markets by 113.6% in the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the period. Sound Income Strategies LLC grew its stake in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC increased its stake in shares of Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after buying an additional 190 shares during the period. Golden State Wealth Management LLC boosted its stake in Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 99 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in Robinhood Markets in the fourth quarter valued at approximately $27,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HOOD. New Street Research set a $122.00 price objective on Robinhood Markets in a research note on Thursday, March 5th. Keefe, Bruyette & Woods began coverage on Robinhood Markets in a research note on Wednesday, April 8th. They issued a “market perform” rating and a $75.00 price objective on the stock. Argus started coverage on shares of Robinhood Markets in a report on Friday, January 9th. They issued a “buy” rating and a $145.00 target price on the stock. Jefferies Financial Group reduced their target price on shares of Robinhood Markets from $88.00 to $84.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Finally, Morgan Stanley cut their target price on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, April 10th. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $109.63.

Key Robinhood Markets News

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

• Positive Sentiment: Mizuho raised its HOOD price target to $115 (from $105) and kept an Outperform rating, arguing the SEC’s PDT rule change will materially expand Robinhood’s addressable intraday-trading customer base and boost margin revenue. Mizuho Raises Robinhood to $115
• Positive Sentiment: The SEC replaced the $25,000 PDT minimum with a broker-determined intraday margin framework, allowing accounts as small as ~$2,000 to day trade — a structural win for Robinhood given its large base of small retail accounts and focus on active traders. This regulatory shift is being highlighted across outlets as a direct growth driver. PDT Rule Is On Its Way Out
• Positive Sentiment: Analysts and coverage (e.g., TipRanks) are also strengthening the bull case by pointing to Robinhood’s expansion beyond core trading — product diversification (cash management, crypto, prime services) could compound the upside from higher trading activity. Robinhood Expands Beyond Trading
• Negative Sentiment: An insider sale totaling about $725k was reported, which can create short-term selling pressure or signal personal liquidity-taking even if relatively small vs. market cap. Monitor for any follow-up insider activity. Insider Selling: Robinhood
• Neutral Sentiment: CEO Vlad Tenev gave interviews about vision and legacy; useful for sentiment/brand but less directly material to near-term numbers. Vlad Tenev Interview

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.