Meyer Malka Purchases 250,000 Shares of Robinhood Markets (NASDAQ:HOOD) Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Meyer Malka bought 250,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average price of $80.74 per share, for a total transaction of $20,185,000.00. Following the acquisition, the director directly owned 3,924,427 shares of the company’s stock, valued at $316,858,235.98. The trade was a 6.80% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Meyer Malka also recently made the following trade(s):

• On Wednesday, June 3rd, Meyer Malka bought 181,000 shares of Robinhood Markets stock. The stock was bought at an average price of $83.45 per share, for a total transaction of $15,104,450.00.
• On Thursday, May 28th, Meyer Malka bought 249,000 shares of Robinhood Markets stock. The stock was bought at an average price of $80.39 per share, for a total transaction of $20,017,110.00.

Robinhood Markets Trading Up 3.1%

Shares of HOOD stock opened at $86.36 on Thursday. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86. The firm’s 50 day moving average is $79.17 and its 200 day moving average is $92.28. The stock has a market capitalization of $77.77 billion, a P/E ratio of 41.72, a P/E/G ratio of 2.09 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the business posted $0.37 EPS. The company’s revenue for the quarter was up 15.1% compared to the same quarter last year. As a group, equities analysts predict that Robinhood Markets, Inc. will post 1.83 earnings per share for the current year.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an IPO underwriter, a potentially major step that could let Robinhood compete in a high-fee part of investment banking and broaden its business model. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts turned more upbeat on Robinhood’s prediction-markets business, with commentary that Wall Street may be underestimating the growth and monetization potential of that segment. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood reported May 2026 operating data, keeping investor attention on usage trends and platform momentum heading into the next quarter. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Director Meyer Malka bought 250,000 shares for about $20.2 million, signaling insider confidence in the company’s outlook. Insider Trade: Meyer Malka Purchases Shares
• Neutral Sentiment: Several articles highlighted HOOD as a heavily watched stock and noted bullish analyst upgrades, but these reports mostly reiterated the same IPO and prediction-markets themes. Stocks making the biggest moves midday: Super Micro, Cracker Barrel, Robinhood Markets, truckers & more
• Negative Sentiment: Some coverage still points to weakness in Robinhood’s crypto business and prior bearish commentary, which could temper enthusiasm if new growth initiatives take longer to scale. Robinhood’s Crypto Bet Is Structurally Different From Everyone Else’s

Analysts Set New Price Targets

A number of brokerages have commented on HOOD. Citizens Jmp reaffirmed a “market outperform” rating and set a $155.00 target price on shares of Robinhood Markets in a report on Thursday, May 28th. Keefe, Bruyette & Woods reduced their target price on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Morgan Stanley reduced their target price 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. Zacks Research raised shares of Robinhood Markets from a “strong sell” rating to a “hold” rating in a report on Monday. Finally, Needham & Company LLC reduced their target price on shares of Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $110.18.

Institutional Trading of Robinhood Markets

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Rathbones Group PLC increased its stake in shares of Robinhood Markets by 3.3% in the first quarter. Rathbones Group PLC now owns 5,129 shares of the company’s stock worth $355,000 after purchasing an additional 165 shares in the last quarter. Glenmede Trust Co. NA increased its stake in shares of Robinhood Markets by 22.5% in the first quarter. Glenmede Trust Co. NA now owns 10,426 shares of the company’s stock worth $723,000 after purchasing an additional 1,914 shares in the last quarter. Summitry LLC purchased a new stake in shares of Robinhood Markets in the first quarter worth $432,000. Groupama Asset Managment purchased a new stake in shares of Robinhood Markets in the first quarter worth $260,000. Finally, J. Derek Lewis & Associates Inc. purchased a new stake in shares of Robinhood Markets in the first quarter worth $218,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

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.