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

Robinhood Markets, Inc. (NASDAQ:HOOD) CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction on Monday, April 6th. The shares were sold at an average price of $69.83, for a total transaction of $26,186,250.00. Following the completion of the sale, the chief executive officer owned 375,000 shares in the company, valued at approximately $26,186,250. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robinhood Markets Stock Down 2.4%

NASDAQ:HOOD opened at $70.12 on Friday. The stock has a market cap of $63.13 billion, a P/E ratio of 34.04, a price-to-earnings-growth ratio of 1.73 and a beta of 2.46. The firm’s fifty day simple moving average is $75.88 and its 200 day simple moving average is $108.44. Robinhood Markets, Inc. has a twelve month low of $37.78 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly 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 business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.01 earnings per share. On average, analysts expect that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

Institutional Trading of Robinhood Markets

A number of hedge funds have recently modified their holdings of HOOD. Valley National Advisers Inc. boosted its holdings in shares of Robinhood Markets by 113.6% during the 3rd quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Robinhood Markets by 152.6% during 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 in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in shares of Robinhood Markets by 527.8% during 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 in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of Robinhood Markets by 107.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 99 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in shares of Robinhood Markets during the 4th quarter valued at $27,000. Institutional investors own 93.27% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Sanford C. Bernstein cut their price target on shares of Robinhood Markets from $160.00 to $130.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Argus assumed coverage on shares of Robinhood Markets in a report on Friday, January 9th. They issued a “buy” rating and a $145.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. Needham & Company LLC cut their price target on shares of Robinhood Markets from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Finally, Piper Sandler cut their price target on shares of Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $113.46.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood was selected by the U.S. Treasury (with BNY Mellon) to run the new “Trump Accounts” child savings program — a large, recurring account flow and distribution channel with millions already signed up that could boost long‑term deposits and engagement. Read More.
• Positive Sentiment: Institutional buying from ARK/Cathie Wood ($12–13M reported) is a visible demand signal that can support near‑term liquidity and sentiment, especially among momentum traders. Read More.
• Neutral Sentiment: Barclays cut its price target from $124 to $89 but kept an “overweight” rating — lowers upside expectations while remaining constructive; it could temper rally narratives. Read More.
• Neutral Sentiment: Keefe, Bruyette & Woods initiated coverage at “market perform” with a $75 target — adds another sell‑side reference point but is not a strong buy signal. Read More.
• Neutral Sentiment: Leveraged ETF (HOOW) chatter is drawing trader attention — bullish takes highlight deep pullback, while others warn of amplified downside; this mainly affects short‑term flows rather than HOOD’s fundamentals. Read More.
• Negative Sentiment: Significant insider selling: CEO Vladimir Tenev sold 375,000 shares (~50% of his holdings), CTO Jeffrey Pinner sold ~5,835 shares, and director Daniel Gallagher sold 10,000 shares. Trades used Rule 10b5‑1 plans (reduces timing concerns) but the magnitude can sap sentiment and add sell pressure. Read More.
• Negative Sentiment: Regulatory/legal risk from exposure to Kalshi (a prediction markets platform) has resurfaced after a major integration with Fox amid state‑level bans and criminal charges; an upcoming Ninth Circuit matter could affect Kalshi’s national reach and indirectly impact Robinhood. Read More.
• Negative Sentiment: Multiple broker notes and price‑target trims (and at least one pessimistic Jefferies report) are adding analyst‑driven downside pressure heading into earnings season. Read More.

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.