Robinhood Markets (NASDAQ:HOOD) CEO Vladimir Tenev Sells 375,000 Shares of Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $113.72, for a total value of $42,645,000.00. Following the transaction, the chief executive officer directly owned 375,000 shares in the company, valued at $42,645,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vladimir Tenev also recently made the following trade(s):

• On Tuesday, September 22nd, Vladimir Tenev sold 240,834 shares of Robinhood Markets stock. The stock was sold at an average price of $125.33, for a total transaction of $30,183,725.22.
• On Monday, September 21st, Vladimir Tenev sold 259,166 shares of Robinhood Markets stock. The shares were sold at an average price of $125.58, for a total transaction of $32,546,066.28.

Robinhood Markets Stock Performance

Shares of NASDAQ:HOOD traded down $2.49 on Wednesday, hitting $109.51. The company had a trading volume of 18,752,059 shares, compared to its average volume of 27,203,029. The stock has a market cap of $98.46 billion, a price-to-earnings ratio of 48.24, a P/E/G ratio of 2.34 and a beta of 2.35. The stock has a 50 day moving average price of $106.69 and a 200 day moving average price of $94.37. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.56. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.44 by $0.18. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the firm posted $0.42 EPS. Robinhood Markets’s revenue was up 32.5% compared to the same quarter last year. Analysts expect that Robinhood Markets, Inc. will post 2.14 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on HOOD shares. Jefferies Financial Group upped their target price on Robinhood Markets from $127.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, September 8th. KeyCorp boosted their price target on Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Wells Fargo & Company initiated coverage on Robinhood Markets in a research report on Friday, October 2nd. They set an “equal weight” rating and a $125.00 price objective on the stock. Finally, Citizens Jmp boosted their target price on shares of Robinhood Markets from $155.00 to $165.00 and gave the company a “market outperform” rating in a research report on Friday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.71.

Robinhood Markets News Summary

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

• Positive Sentiment: Barclays raised its price target to $132 from $105 and maintained an Overweight rating, citing potential upside from Robinhood’s growth initiatives. Barclays Robinhood price target report
• Positive Sentiment: Robinhood reportedly purchased approximately $25 million of bitcoin for its corporate balance sheet. Management described the move as a strategic alignment with the crypto community, although the investment is small relative to the company’s roughly $100 billion valuation. Robinhood bitcoin balance sheet article
• Positive Sentiment: Robinhood Chain integrated with NEAR Intents, enabling cross-chain swaps across more than 180 assets. The partnership could improve crypto liquidity, user choice and transaction activity on Robinhood’s blockchain platform. Robinhood Chain NEAR Intents integration
• Positive Sentiment: Recent quarterly results remain a fundamental support: Robinhood reported $1.31 billion in revenue, up 32.5% year over year, and $0.62 in EPS, exceeding consensus estimates of $1.29 billion and $0.44, respectively. Robinhood second-quarter earnings report
• Neutral Sentiment: The company’s approximately $25 billion crypto balance largely represents customer assets held in custody, rather than Robinhood’s own treasury holdings. This limits the direct balance-sheet impact of crypto price movements but highlights the platform’s dependence on customer trading activity. Robinhood customer crypto custody article
• Negative Sentiment: Bitcoin and other crypto assets are retreating amid a broader crypto-market “perfect storm,” weighing on crypto-linked broker stocks and potentially reducing trading volumes and transaction revenue. Crypto market downturn article
• Negative Sentiment: State regulators are increasing scrutiny of Robinhood’s prediction-market expansion. Possible limits on sports-related contracts could slow volume growth and reduce monetization potential. Robinhood prediction market regulatory scrutiny
• Negative Sentiment: Robinhood Chain’s memecoin activity reportedly surged to $443 million per day before collapsing 96%, raising concerns about the durability and volatility of blockchain-related revenue. Robinhood Chain memecoin activity article
• Negative Sentiment: The Justice Department charged two former Robinhood engineers with allegedly trading crypto derivatives using confidential listing information. The case does not accuse Robinhood itself, but it creates reputational and compliance risk. DOJ charges former Robinhood engineers

Institutional Investors Weigh In On Robinhood Markets

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP increased its holdings in Robinhood Markets by 37.1% in the 2nd quarter. Wellington Management Group LLP now owns 786,318 shares of the company’s stock valued at $78,852,000 after buying an additional 212,855 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Robinhood Markets during the 2nd quarter worth approximately $22,691,000. Nykredit A S acquired a new stake in shares of Robinhood Markets during the 2nd quarter worth approximately $29,008,000. NewEdge Advisors LLC boosted its holdings in shares of Robinhood Markets by 18.3% in the 2nd quarter. NewEdge Advisors LLC now owns 68,920 shares of the company’s stock valued at $6,911,000 after purchasing an additional 10,685 shares in the last quarter. Finally, Groupe la Francaise bought a new position in Robinhood Markets in the second quarter valued at about $5,544,000. Institutional investors own 93.27% of the company’s stock.

About Robinhood Markets

Robinhood Markets, Inc (NASDAQ: HOOD) operates a financial services platform designed to provide investing and trading products through mobile applications and a website. Its offerings include commission-free trading in stocks and exchange-traded funds, options trading, cryptocurrency services, margin investing, and retirement accounts. The company also provides cash management features and other tools intended to help customers manage and invest their money.

Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood gained prominence by expanding access to investing through a low-cost, easy-to-use digital platform.