Baiju Bhatt Sells 49,223 Shares of Robinhood Markets (NASDAQ:HOOD) Stock

Robinhood Markets, Inc. (NASDAQ:HOOD) Director Baiju Bhatt sold 49,223 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $95.09, for a total value of $4,680,615.07. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Baiju Bhatt also recently made the following trade(s):

• On Thursday, June 11th, Baiju Bhatt sold 57,898 shares of Robinhood Markets stock. The shares were sold at an average price of $89.63, for a total value of $5,189,397.74.
• On Wednesday, May 20th, Baiju Bhatt sold 67,422 shares of Robinhood Markets stock. The stock was sold at an average price of $75.38, for a total transaction of $5,082,270.36.

Robinhood Markets Stock Performance

Robinhood Markets stock opened at $89.84 on Thursday. The company has a 50 day moving average price of $97.55 and a 200 day moving average price of $87.84. The firm has a market capitalization of $80.90 billion, a price-to-earnings ratio of 43.40, a P/E/G ratio of 1.87 and a beta of 2.33. Robinhood Markets, Inc. has a 52 week low of $63.51 and a 52 week high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued 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 return on equity of 21.39% and a net margin of 41.12%.The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm posted $0.42 earnings per share. Robinhood Markets’s revenue was up 32.5% compared to the same quarter last year. Equities analysts forecast that Robinhood Markets, Inc. will post 1.95 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Zacks Research raised Robinhood Markets from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. KeyCorp raised their target price on Robinhood Markets from $100.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Wall Street Zen raised Robinhood Markets from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 12th. Citizens Jmp restated a “market outperform” rating and set a $155.00 price target on shares of Robinhood Markets in a report on Thursday, May 28th. Finally, Morgan Stanley raised their price target on Robinhood Markets from $95.00 to $124.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. Twenty-one analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $122.00.

More Robinhood Markets News

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

• Positive Sentiment: Second-quarter revenue rose 32% year over year to a record $1.31 billion, exceeding the $1.29 billion consensus estimate. Diluted earnings per share increased 48% to $0.62, beating analyst expectations of approximately $0.41-$0.44 and rising from $0.42 a year earlier. Robinhood Reports Second Quarter 2026 Results
• Positive Sentiment: Strong market volatility drove higher trading activity, supporting profitability. Robinhood also reported record net deposits of $22 billion, 4.8 million Gold subscribers and 13 business lines generating at least $100 million in annualized revenue, suggesting broader diversification beyond its core brokerage business. Robinhood quarterly profit rises on strong trading activity
• Positive Sentiment: Analysts have raised price targets and maintain generally favorable views of HOOD, with a reported consensus rating of “Moderate Buy” and average target price of $122.22. Expectations center on user growth, new products and expansion into crypto and prediction markets. Analysts hike Robinhood stock price target
• Neutral Sentiment: Robinhood is expanding its blockchain, tokenized-stock and prediction-market offerings, including a reported potential partnership with Crypto.com. These initiatives could create new revenue streams, but adoption and regulatory outcomes remain uncertain. Robinhood Eyes Crypto.com Partnership
• Negative Sentiment: Concerns remain that fading memecoin interest is weighing on Robinhood Chain trading volumes, potentially pressuring crypto-related revenue. HOOD’s high valuation also leaves less room for disappointment regarding expenses or management’s outlook. Robinhood Chain’s Trading Volumes Slump
• Negative Sentiment: Director Baiju Bhatt sold roughly $4.7 million of HOOD shares under a pre-arranged Rule 10b5-1 plan. The planned nature limits its significance, but the sale may still weigh on sentiment. Separately, CEO Vlad Tenev’s hacked X account raises reputational and security concerns, although the account was restored and the fraudulent post removed. Robinhood CEO Vlad Tenev says X account was hacked

Institutional Trading of Robinhood Markets

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sound Income Strategies LLC grew its position in Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after acquiring an additional 145 shares during the period. CYBER HORNET ETFs LLC raised its holdings in shares of Robinhood Markets by 527.8% in the fourth 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 last quarter. Elyxium Wealth LLC acquired a new position in Robinhood Markets during the 4th quarter worth about $27,000. MV Capital Management Inc. acquired a new position in Robinhood Markets during the 4th quarter worth about $27,000. Finally, Swiss RE Ltd. bought a new stake in shares of Robinhood Markets during the fourth quarter valued at approximately $27,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Company 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.