Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Robinhood Markets, Inc. (NASDAQ:HOOD)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Robinhood Markets, Inc. (NASDAQ:HOOD). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Robinhood Markets stock on February 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 2/18/2026.

Robinhood Markets Stock Up 0.2%

HOOD opened at $78.69 on Thursday. Robinhood Markets, Inc. has a 52 week low of $29.66 and a 52 week high of $153.86. The business has a 50 day moving average price of $92.91 and a two-hundred day moving average price of $114.26. The company has a market cap of $70.85 billion, a PE ratio of 38.20, a P/E/G ratio of 1.77 and a beta of 2.47.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.03. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company’s revenue was up 26.5% on a year-over-year basis. During the same period last year, the business posted $1.01 EPS. As a group, sell-side analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Insider Transactions at Robinhood Markets

In other news, insider Steven M. Quirk sold 52,540 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the transaction, the insider owned 27,564 shares in the company, valued at $2,420,394.84. This trade represents a 65.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $75.49, for a total value of $754,900.00. Following the transaction, the insider directly owned 452,849 shares of the company’s stock, valued at $34,185,571.01. This trade represents a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 475,132 shares of company stock worth $55,127,149 over the last ninety days. 14.47% of the stock is currently owned by company insiders.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Banking unit momentum — Robinhood’s banking arm surpassed $1 billion in customer deposits and 65k customers, strengthening core funding, deposit income potential and cross‑sell opportunities. Robinhood banking unit crosses $1 bln in deposits, 65k customers, CEO Tenev says
• Positive Sentiment: Lower short interest — February short interest fell ~12.8% to ~30.13M shares (about 4.2% of shares), cutting a common near‑term selling pressure vector and reducing days‑to‑cover to ~1.2. (Data release)
• Positive Sentiment: Product & revenue diversification — Robinhood is expanding beyond trading (venture fund, premium Platinum card) and scaling prediction‑market products that management says are already meaningful, which supports revenue multiple expansion if adoption continues. Robinhood Broadens Beyond Trading With Venture Fund And Platinum Card
• Positive Sentiment: Prediction‑market sales traction — coverage notes prediction markets are already annualizing at material levels (reported ~$435M annualized in recent commentary), giving a new high‑growth revenue stream inside an already profitable platform.
• Neutral Sentiment: Analyst backdrop & technicals — some analysts see >50% upside to ~ $120 consensus targets and the stock is described as consolidating after a large 2026 drawdown; this sets a narrative of upside if execution holds. Robinhood Markets, Inc. (HOOD) Aims to Become a “Financial Super App” with 20%+ Growth
• Neutral Sentiment: Industry attention & framing — multiple market pieces are positioning Robinhood as part of broader themes (AI, prediction markets, “super app”), which can attract long‑only thematic flows but also increase scrutiny. (Investor press coverage)
• Negative Sentiment: Regulatory/legal risk on prediction markets — CEO commentary about turning Robinhood into a prediction‑markets “super app” has reignited debate over whether prediction contracts cross into gambling; former public officials have warned of state‑level legal challenges, which could slow rollouts or increase compliance costs. Robinhood’s CEO Has A ‘Super App’ Vision For Prediction Markets

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of Robinhood Markets by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock worth $10,831,756,000 after acquiring an additional 1,334,443 shares during the period. State Street Corp raised its holdings in Robinhood Markets by 2.7% during the fourth quarter. State Street Corp now owns 33,121,452 shares of the company’s stock worth $3,746,036,000 after purchasing an additional 875,297 shares during the last quarter. Geode Capital Management LLC boosted its position in Robinhood Markets by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock worth $2,386,944,000 after purchasing an additional 356,902 shares in the last quarter. Morgan Stanley boosted its position in Robinhood Markets by 23.9% during the fourth quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock worth $1,208,335,000 after purchasing an additional 2,061,832 shares in the last quarter. Finally, Norges Bank acquired a new stake in Robinhood Markets in the fourth quarter valued at $1,202,160,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on HOOD. Argus started coverage on shares of Robinhood Markets in a research report on Friday, January 9th. They issued a “buy” rating and a $145.00 price objective on the stock. Needham & Company LLC lowered their target price on shares of Robinhood Markets from $135.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Bank of America cut their price target on shares of Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Finally, Loop Capital set a $130.00 target price on Robinhood Markets in a research report on Monday, February 9th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.73.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.