Robinhood Markets (NASDAQ:HOOD) Director Purchases $20,185,000.00 in 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 acquired at an average cost 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 acquired at an average cost 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 acquired at an average cost of $80.39 per share, for a total transaction of $20,017,110.00.

Robinhood Markets Stock Performance

Shares of HOOD stock traded down $1.27 during mid-day trading on Tuesday, hitting $83.77. 28,740,152 shares of the stock were exchanged, compared to its average volume of 29,744,605. The stock’s fifty day simple moving average is $78.39 and its two-hundred day simple moving average is $92.66. The stock has a market capitalization of $75.44 billion, a price-to-earnings ratio of 40.47, a P/E/G ratio of 2.47 and a beta of 2.35. Robinhood Markets, Inc. has a 12-month low of $63.51 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data 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). The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.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 posted $0.37 EPS. On average, research analysts expect that Robinhood Markets, Inc. will post 1.85 earnings per share for the current fiscal year.

More Robinhood Markets News

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

• Positive Sentiment: Cantor raised its price target on Robinhood Markets (HOOD), arguing that Wall Street is underestimating the company’s prediction-markets venture, which it says is becoming one of Robinhood’s fastest-growing businesses. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood also reported May 2026 operating data, which investors may view as another update on user activity and platform momentum heading into the next earnings cycle. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Several recent articles highlighted that Wall Street is turning more constructive on HOOD, and that prediction markets may help offset weakness in crypto-related revenue. Wall Street Turns Bullish on Robinhood Markets (HOOD)
• Neutral Sentiment: Robinhood remains one of the most searched and talked-about retail trading stocks, but several headlines are largely attention-driven rather than fundamentally new. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
• Negative Sentiment: Bearish commentary and insider-sale reports may be weighing on sentiment, reinforcing concerns after Robinhood’s sharp run and recent volatility. Bear of the Day: Robinhood Markets (HOOD)
• Negative Sentiment: Multiple reports of insider selling could pressure the stock, since investors often read insider disposals as a sign of caution. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HOOD shares. Zacks Research lowered Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Citigroup reaffirmed a “market outperform” rating on shares of Robinhood Markets in a report on Thursday, May 28th. Keefe, Bruyette & Woods dropped their price objective on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a report on Wednesday, April 29th. Mizuho raised their price objective on Robinhood Markets from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Finally, Needham & Company LLC lowered their price target on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Eighteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $110.18.

Hedge Funds Weigh In On Robinhood Markets

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Evolution Wealth Advisors LLC grew its holdings in shares of Robinhood Markets by 5.2% during the fourth quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after buying an additional 95 shares during the last quarter. CogentBlue Wealth Advisors LLC lifted its position in Robinhood Markets by 4.1% in the fourth quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock valued at $282,000 after purchasing an additional 98 shares during the period. Vision Financial Markets LLC lifted its position in Robinhood Markets by 100.0% in the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the period. Kovack Advisors Inc. lifted its position in Robinhood Markets by 2.5% in the third quarter. Kovack Advisors Inc. now owns 4,121 shares of the company’s stock valued at $590,000 after purchasing an additional 100 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its position in Robinhood Markets by 11.5% in the fourth quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company’s stock valued at $109,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 93.27% of the company’s stock.

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.