Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) CFO Shiv Verma sold 3,984 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $98.84, for a total value of $393,778.56. Following the transaction, the chief financial officer owned 59,927 shares in the company, valued at approximately $5,923,184.68. This represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Shiv Verma also recently made the following trade(s):
- On Friday, May 15th, Shiv Verma sold 5,436 shares of Robinhood Markets stock. The stock was sold at an average price of $77.36, for a total value of $420,528.96.
- On Wednesday, April 15th, Shiv Verma sold 5,436 shares of Robinhood Markets stock. The stock was sold at an average price of $85.86, for a total value of $466,734.96.
Robinhood Markets Stock Up 5.3%
Shares of Robinhood Markets stock traded up $4.93 on Monday, hitting $98.12. 36,455,451 shares of the company were exchanged, compared to its average volume of 30,029,047. The stock has a market capitalization of $88.36 billion, a price-to-earnings ratio of 47.40, a price-to-earnings-growth ratio of 2.33 and a beta of 2.35. The company has a 50-day moving average price of $80.09 and a 200 day moving average price of $92.02. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.86.
Institutional Investors Weigh In On Robinhood Markets
Institutional investors have recently made changes to their positions in the stock. CYBER HORNET ETFs LLC lifted its holdings in shares of Robinhood Markets by 527.8% in the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock worth $26,000 after acquiring an additional 190 shares during the last quarter. MV Capital Management Inc. acquired a new stake in Robinhood Markets in the 4th quarter valued at approximately $27,000. Swiss RE Ltd. acquired a new stake in Robinhood Markets in the 4th quarter valued at approximately $27,000. Elyxium Wealth LLC acquired a new stake in Robinhood Markets in the 4th quarter valued at approximately $27,000. Finally, Sound Income Strategies LLC increased its holdings in Robinhood Markets by 152.6% in the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares during the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.
Robinhood Markets News Roundup
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Analysts are increasingly optimistic on Robinhood, with one report saying another price target was raised and brokerage sentiment remains “Moderate Buy,” reinforcing the view that the stock can keep climbing. Another analyst raises Robinhood price target
- Positive Sentiment: Robinhood’s prediction markets business is getting attention, with one analyst projecting revenue could rise sharply in 2026, helped by World Cup-related betting activity. Thanks to the World Cup, Robinhood’s 2026 prediction markets revenue could skyrocket
- Positive Sentiment: Robinhood is also benefiting from surging platform usage tied to the SpaceX IPO and other new offerings, highlighting stronger engagement and potential for more trading revenue. Robinhood downloads surge with SpaceX IPO
- Positive Sentiment: Investor excitement around Robinhood’s newly approved IPO underwriting business is adding another growth avenue beyond its core brokerage and crypto products. Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
- Neutral Sentiment: Robinhood director Baiju Bhatt disclosed a pre-planned sale of 57,898 shares, which is worth noting but was conducted under a Rule 10b5-1 trading plan, making it less concerning for investors. Baiju Bhatt sale disclosure
- Neutral Sentiment: Crypto-related headlines are also supportive, as easing geopolitical fears and stronger Bitcoin prices are helping lift crypto stocks more broadly, including HOOD. Bitcoin Holds Highs as Geopolitical Fear Eases
Analyst Ratings Changes
Several research analysts have recently weighed in on the company. Citigroup restated a “market outperform” rating on shares of Robinhood Markets in a report on Thursday, May 28th. Morgan Stanley cut their price target on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, April 10th. JPMorgan Chase & Co. cut their price target on shares of Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Wall Street Zen upgraded shares of Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $130.00 price target on shares of Robinhood Markets in a report on Tuesday, April 14th. Eighteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $110.73.
View Our Latest Stock Report on HOOD
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.
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