Robinhood Markets (NASDAQ:HOOD) Stock Price Down 3.9% on Insider Selling

Robinhood Markets, Inc. (NASDAQ:HOOD) shares fell 3.9% during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $116.55 and last traded at $116.97. 17,698,753 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 22,513,055 shares. The stock had previously closed at $121.70.

Specifically, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the transaction, the insider owned 403,612 shares of the company’s stock, valued at $49,071,146.96. This trade represents a 2.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $121.59, for a total value of $713,003.76. Following the sale, the chief technology officer directly owned 14,997 shares of the company’s stock, valued at $1,823,485.23. The trade was a 28.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Mizuho lifted their target price on Robinhood Markets from $145.00 to $172.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Needham & Company LLC lowered their price objective on shares of Robinhood Markets from $145.00 to $135.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Piper Sandler reissued an “overweight” rating on shares of Robinhood Markets in a research report on Monday. The Goldman Sachs Group restated a “buy” rating on shares of Robinhood Markets in a research note on Monday. Finally, Citizens Jmp upped their price objective on Robinhood Markets from $170.00 to $180.00 and gave the company a “market outperform” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.20.

More Robinhood Markets News

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

• Positive Sentiment: High‑profile bullish mentions and momentum calls that can support demand — Jim Cramer said he “really likes Robinhood for a long‑term story,” which can attract retail interest. Read More.
• Positive Sentiment: Zacks included HOOD on a short list of momentum stocks for January, highlighting continued investor interest tied to post‑December momentum. Read More.
• Positive Sentiment: Zacks also names Robinhood among crypto‑centric names to watch if Bitcoin rebounds — a stronger crypto market could lift trading volumes and revenue. Read More.
• Neutral Sentiment: Barclays trimmed its price target from $171 to $159 but kept an “overweight” rating — the cut reduces upside but the maintained buy stance is a modest endorsement of growth prospects. Read More. Read More.
• Neutral Sentiment: General industry coverage compares Robinhood to incumbents (e.g., Schwab) as investors weigh growth potential vs. profitability — useful context but not an immediate catalyst. Read More.
• Negative Sentiment: Zacks Research downgraded HOOD from “strong‑buy” to “hold,” which can hurt momentum flows and trigger some portfolio trimming. Read More.
• Negative Sentiment: Legal risk: Native American groups have escalated litigation against Robinhood and Kalshi — potential regulatory, litigation costs and reputational risk that can weigh on shares. Read More.
• Negative Sentiment: Significant insider selling: CEO Vladimir Tenev sold 375,000 shares (~$45.6M at ~ $121.63 avg) and other senior insiders (CTO Jeffrey Pinner and another exec) disclosed sales — large, concentrated sales often sap sentiment even if preplanned. SEC filings: Read More., Read More., Read More.

Robinhood Markets Stock Down 1.4%

The stock has a market capitalization of $103.76 billion, a P/E ratio of 47.88, a PEG ratio of 1.77 and a beta of 2.44. The company has a 50-day moving average price of $123.95 and a two-hundred day moving average price of $117.76.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.41 by $0.20. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company earned $0.17 earnings per share. Robinhood Markets’s revenue for the quarter was up 100.0% on a year-over-year basis. On average, sell-side analysts expect that Robinhood Markets, Inc. will post 1.35 earnings per share for the current year.

Institutional Investors Weigh In On Robinhood Markets

Institutional investors and hedge funds have recently made changes to their positions in the business. North Star Investment Management Corp. increased its stake in Robinhood Markets by 44.9% in the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after acquiring an additional 79 shares during the last quarter. First Command Advisory Services Inc. grew its holdings in shares of Robinhood Markets by 33.8% during the third quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock worth $46,000 after purchasing an additional 81 shares in the last quarter. CogentBlue Wealth Advisors LLC increased its position in shares of Robinhood Markets by 3.8% in the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after purchasing an additional 87 shares during the last quarter. ORG Partners LLC raised its stake in Robinhood Markets by 5.5% in the third quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after purchasing an additional 97 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its position in Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

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.