Robinhood Markets (NASDAQ:HOOD) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Robinhood Markets, Inc. (NASDAQ:HOOD). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Robinhood Markets stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Robinhood Markets Trading Down 3.1%

Shares of HOOD traded down $2.51 during trading hours on Tuesday, reaching $78.27. 17,019,212 shares of the company traded hands, compared to its average volume of 35,268,752. The firm has a market cap of $70.48 billion, a price-to-earnings ratio of 37.81, a PEG ratio of 2.64 and a beta of 2.29. Robinhood Markets, Inc. has a 12-month low of $57.68 and a 12-month high of $153.86. The stock’s fifty day moving average price is $76.51 and its 200 day moving average price is $99.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data 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). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the company earned $0.37 earnings per share. The firm’s revenue was up 15.1% compared to the same quarter last year. On average, research analysts forecast that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on HOOD shares. Zacks Research lowered shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. The Goldman Sachs Group decreased their price target on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating for the company in a research report on Thursday, March 26th. New Street Research set a $122.00 price target on shares of Robinhood Markets in a research report on Thursday, March 5th. JPMorgan Chase & Co. decreased their price target on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research report on Wednesday, April 29th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $107.88.

Hedge Funds Weigh In On Robinhood Markets

Several hedge funds and other institutional investors have recently bought and sold shares of HOOD. Vanguard Group Inc. increased its holdings in Robinhood Markets by 24.9% in the 3rd quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after buying an additional 18,824,923 shares during the period. State Street Corp increased its holdings in Robinhood Markets by 103.2% in the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after buying an additional 16,375,734 shares during the period. Norges Bank acquired a new position in Robinhood Markets in the 4th quarter worth approximately $1,202,160,000. Corient Private Wealth LLC increased its holdings in Robinhood Markets by 5,221.4% in the 4th quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock worth $289,519,000 after buying an additional 2,511,743 shares during the period. Finally, Jennison Associates LLC acquired a new position in Robinhood Markets in the 3rd quarter worth approximately $322,823,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood announced it will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 19, a potential catalyst for fresh investor updates on strategy, growth, and capital allocation. Article Title
• Positive Sentiment: The company launched a second venture fund aimed at early-stage and growth-stage private companies, reinforcing its move into private markets and potentially opening a new source of fees and platform engagement. Article Title
• Positive Sentiment: Analysts and market commentary highlighted that Robinhood’s venture fund strategy could broaden the company’s growth story beyond trading, which may improve sentiment around long-term monetization. Article Title
• Neutral Sentiment: Robinhood’s confidential filing for a second venture fund is a standard regulatory step, but it signals continued execution on a new business line that investors may watch closely. Article Title
• Neutral Sentiment: Coverage noted Robinhood’s expanding asset base and broader platform use, which supports the case that the business is evolving beyond a pure trading app. Article Title
• Negative Sentiment: Broader sentiment around pre-IPO and tokenized equity instruments came under pressure after Anthropic pushed back on unauthorized share transfers, which may make some investors more cautious about speculative private-market trading themes. Article Title

Insider Buying and Selling

In related news, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 375,000 shares in the company, valued at approximately $26,186,250. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total transaction of $768,900.00. Following the completion of the transaction, the insider owned 432,849 shares in the company, valued at approximately $33,281,759.61. This trade represents a 2.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 487,907 shares of company stock worth $35,444,040 in the last quarter. 19.95% of the stock is currently owned by corporate insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Robinhood Markets

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.