Paradiem LLC Sells 5,806 Shares of Robinhood Markets, Inc. $HOOD

Paradiem LLC decreased its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD) by 65.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 3,060 shares of the company’s stock after selling 5,806 shares during the period. Paradiem LLC’s holdings in Robinhood Markets were worth $212,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. CYBER HORNET ETFs LLC lifted its position 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 purchasing an additional 190 shares during the period. MV Capital Management Inc. purchased a new position in Robinhood Markets during the fourth quarter valued at approximately $27,000. Swiss RE Ltd. bought a new position in Robinhood Markets in the fourth quarter worth approximately $27,000. Elyxium Wealth LLC bought a new position in Robinhood Markets in the fourth quarter worth approximately $27,000. Finally, Sound Income Strategies LLC lifted its holdings in Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after buying an additional 145 shares during the period. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: Morgan Stanley raised its price target on Robinhood Markets (HOOD) to $124 from $95, which signals improved upside expectations even though the firm kept an equal-weight rating.
• Positive Sentiment: Barclays also turned more bullish earlier in the week, lifting its target to $122 and maintaining an overweight rating, reinforcing analyst confidence in HOOD’s growth outlook.
• Positive Sentiment: Robinhood Chain is drawing major attention after quickly climbing into the top tier of blockchains by 24-hour DEX volume, with articles highlighting surging activity, meme-coin trading, and broader crypto engagement that could boost Robinhood’s platform relevance. Article: HOOD Stock Drops Despite Price Target Hike — Robinhood Chain Beats ARB, HYPE, NEAR In DEX Trading
• Positive Sentiment: CEO Vlad Tenev’s comments about expanding stock ownership and broadening access to investing keep the long-term growth story in focus, especially as Robinhood adds new products and markets. Article: Robinhood CEO Vlad Tenev Says ‘Only 62% of Americans’ Exposed to Stocks: ‘I’d Like to Get That to 100’
• Neutral Sentiment: Several reports note Robinhood remains heavily followed by investors and analysts, but these are more confirmation of elevated attention than new fundamental information.
• Negative Sentiment: Recent insider selling, including sales by a Robinhood director and ongoing ARK Invest trimming of HOOD shares, may be weighing on sentiment even though some trades were pre-planned under Rule 10b5-1.

Robinhood Markets Stock Performance

Shares of HOOD stock opened at $111.97 on Monday. Robinhood Markets, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $153.86. The firm has a market capitalization of $100.83 billion, a price-to-earnings ratio of 54.09, a PEG ratio of 2.41 and a beta of 2.33. The stock’s 50-day simple moving average is $91.01 and its 200-day simple moving average is $89.25.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 earnings per share. As a group, equities analysts forecast that Robinhood Markets, Inc. will post 1.88 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on HOOD shares. China Renaissance started coverage on Robinhood Markets in a research report on Tuesday, July 7th. They set a “buy” rating on the stock. JPMorgan Chase & Co. reduced their price target on Robinhood Markets from $113.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Loop Capital set a $110.00 price objective on Robinhood Markets in a research note on Wednesday, June 17th. The Goldman Sachs Group raised their price objective on Robinhood Markets from $108.00 to $121.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, Wall Street Zen upgraded Robinhood Markets from a “strong sell” rating to a “sell” rating in a research note on Sunday. Twenty-one investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $118.00.

Insider Buying and Selling at Robinhood Markets

In related news, Director Meyer Malka purchased 250,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was acquired at an average price of $80.74 per share, with a total value of $20,185,000.00. Following the completion of the acquisition, the director owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. This represents a 6.80% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $83.68, for a total transaction of $836,800.00. Following the sale, the insider owned 481,396 shares of the company’s stock, valued at $40,283,217.28. The trade was a 2.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have acquired 680,000 shares of company stock worth $55,306,560 and have sold 659,112 shares worth $68,741,158. 14.47% of the stock is owned by company insiders.

Robinhood Markets 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.