Mosley Wealth Management Takes Position in Robinhood Markets, Inc. $HOOD

Mosley Wealth Management purchased a new stake in Robinhood Markets, Inc. (NASDAQ:HOOD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 14,373 shares of the company’s stock, valued at approximately $1,626,000.

Several other hedge funds have also modified their holdings of HOOD. Sound Income Strategies LLC lifted its holdings in shares of Robinhood Markets by 152.6% in the 4th quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after buying an additional 145 shares during the period. CYBER HORNET ETFs LLC lifted its holdings 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 valued at $26,000 after buying an additional 190 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Robinhood Markets in the 4th quarter valued at approximately $27,000. Godsey & Gibb Inc. acquired a new stake in shares of Robinhood Markets in the 4th quarter valued at approximately $28,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Robinhood Markets by 90.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 268 shares of the company’s stock valued at $28,000 after buying an additional 127 shares during the period. 93.27% of the stock is owned by institutional investors and hedge funds.

Robinhood Markets Price Performance

NASDAQ HOOD opened at $92.23 on Friday. Robinhood Markets, Inc. has a 1-year low of $63.51 and a 1-year high of $153.86. The company has a market capitalization of $83.05 billion, a P/E ratio of 44.56, a PEG ratio of 2.16 and a beta of 2.35. The business has a 50 day moving average price of $79.63 and a 200 day moving average price of $92.17.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the previous year, the business earned $0.37 earnings per share. The business’s revenue for the quarter was up 15.1% on a year-over-year basis. On average, research analysts expect that Robinhood Markets, Inc. will post 1.83 earnings per share for the current fiscal year.

Key Robinhood Markets News

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

• Positive Sentiment: Robinhood’s securities division was reportedly approved to underwrite IPOs, potentially unlocking a new, higher-margin revenue stream and supporting its “super app” ambitions. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Needham raised its price target on HOOD to $97 and kept a buy rating, reinforcing the bullish case after the company’s latest strategic moves. Needham Raises Robinhood Price Target
• Positive Sentiment: Director Meyer Malka bought 250,000 shares, signaling insider confidence in Robinhood’s outlook. Insider Trade: Meyer Malka Purchases Shares
• Positive Sentiment: Coverage highlighting Robinhood’s prediction-markets push and product expansion suggests Wall Street sees additional growth avenues that may not yet be fully priced in. HOOD Stock Gains Overnight: Cathie Wood’s ARK Sells Shares Even As Robinhood Stacks Up Fresh Catalysts
• Neutral Sentiment: Recent articles also framed HOOD as a debated stock with bullish and bearish views, but those pieces did not add fresh fundamental data beyond the new catalyst headlines. Is Robinhood Markets, Inc. (HOOD) A Good Stock To Buy Now?
• Negative Sentiment: Some commentary still points to pressure from Robinhood’s crypto exposure and prior bearish ratings, which could temper enthusiasm if trading activity slows. Bear of the Day: Robinhood Markets (HOOD)

Analyst Ratings Changes

Several research firms have recently commented on HOOD. Citizens Jmp reissued a “market outperform” rating and issued a $155.00 price target on shares of Robinhood Markets in a report on Thursday, May 28th. The Goldman Sachs Group raised their price target on Robinhood Markets from $95.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Needham & Company LLC raised their price target on Robinhood Markets from $85.00 to $97.00 and gave the company a “buy” rating in a report on Thursday. Barclays reduced their price target on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, New Street Research set a $122.00 price objective on Robinhood Markets in a research note on Thursday, March 5th. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.73.

Insider Transactions at Robinhood Markets

In related news, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $69.83, for a total value of $26,186,250.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at $26,186,250. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 10,837 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total value of $931,006.67. Following the transaction, the insider directly owned 81,989 shares of the company’s stock, valued at $7,043,674.99. The trade was a 11.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders bought 680,000 shares of company stock worth $55,306,560 and sold 571,602 shares worth $41,959,746. Company insiders own 14.47% of the company’s stock.

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.