<div id="readability-page-1"><p>Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) Director Baiju Bhatt sold 47,133 shares of the firm's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $45.27, for a total transaction of $2,133,710.91. Following the completion of the sale, the director now owns 7,863 shares in the company, valued at approximately $355,958.01. The trade was a 85.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.</p><div><p><span></span><span>Get <strong>Robinhood Markets</strong> alerts:</span></p></div><ul><li>Markets Think Robinhood Earnings Could Send the Stock Up</li></ul><p>Baiju Bhatt also recently made the following trade(s): </p><ul><li>On Wednesday, April 16th, Baiju Bhatt sold 223,072 shares of Robinhood Markets stock. The shares were sold at an average price of $41.24, for a total transaction of $9,199,489.28. </li><li>On Monday, March 24th, Baiju Bhatt sold 47,023 shares of Robinhood Markets stock. The stock was sold at an average price of $46.37, for a total transaction of $2,180,456.51. </li><li>On Friday, March 21st, Baiju Bhatt sold 223,528 shares of Robinhood Markets stock. The shares were sold at an average price of $43.21, for a total transaction of $9,658,644.88. </li><li>On Thursday, February 13th, Baiju Bhatt sold 522,180 shares of Robinhood Markets stock. The shares were sold at an average price of $62.70, for a total value of $32,740,686.00. </li><li>On Friday, February 7th, Baiju Bhatt sold 90,866 shares of Robinhood Markets stock. The stock was sold at an average price of $55.34, for a total value of $5,028,524.44. </li></ul><h2>Robinhood Markets Stock Up 2.7 %</h2><p>NASDAQ:HOOD traded up $1.30 during mid-day trading on Friday, reaching $49.45. 34,530,486 shares of the company were exchanged, compared to its average volume of 24,798,262. Robinhood Markets, Inc. has a 12 month low of $13.98 and a 12 month high of $66.91. The stock has a market cap of $43.79 billion, a PE ratio of 31.50, a PEG ratio of 1.05 and a beta of 2.17. The company has a fifty day moving average of $43.71 and a 200 day moving average of $40.62. </p><ul><li>Robinhood Strategies Could Be a Game-Changer for Young Investors</li></ul><p>Robinhood Markets (NASDAQ:HOOD - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.13. Robinhood Markets had a net margin of 47.81% and a return on equity of 13.53%.  On average, equities research analysts anticipate that  Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year. </p><h2>Institutional Investors Weigh In On Robinhood Markets</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the company. Amalgamated Bank increased its position in  Robinhood Markets by 2.3% in the first quarter. Amalgamated Bank now owns 35,704 shares of the company's stock worth $1,486,000 after purchasing an additional 806 shares during the period.  Skylands Capital LLC acquired a new stake in shares of  Robinhood Markets during the 1st quarter worth approximately $125,000.  Colonial River Investments LLC bought a new stake in shares of  Robinhood Markets during the first quarter worth approximately $296,000.  Kessler Investment Group LLC acquired a new position in  Robinhood Markets in the first quarter valued at approximately $5,091,000.  Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in  Robinhood Markets by 21.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,676 shares of the company's stock valued at $112,000 after acquiring an additional 478 shares during the last quarter. Institutional investors own  93.27% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><ul><li>From Trading to Checking Accounts: Robinhood's Big Bet on Banking</li></ul><p>A number of brokerages recently commented on HOOD. Wolfe Research lowered Robinhood Markets from an &#34;outperform&#34; rating to a &#34;peer perform&#34; rating in a research note on Tuesday, February 18th. Citigroup reduced their price objective on shares of Robinhood Markets from $60.00 to $50.00 and set a &#34;neutral&#34; rating for the company in a report on Wednesday, April 2nd. Keefe, Bruyette &amp; Woods  reissued a &#34;market perform&#34; rating and issued a $60.00 target price on shares of Robinhood Markets in a research note on Thursday, March 27th. Needham &amp; Company LLC dropped their price target on shares of Robinhood Markets from $70.00 to $62.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, March 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Robinhood Markets from $75.00 to $61.00 and set a &#34;buy&#34; rating on the stock in a report on Wednesday, March 12th. Six research analysts have rated the stock with a hold rating and twelve have issued  a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $53.88.</p><p><b>View Our Latest Stock Analysis on Robinhood Markets</b></p><h2>About Robinhood Markets</h2> (Get Free Report)<p>Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Robinhood Markets</li><li>What Does Downgrade Mean in Investing?</li><li>Short Sellers Gave Up on These 3 Names Recently</li><li>What is the Dow Jones Industrial Average (DJIA)?</li><li>3 Boring Stocks Outperforming the Market This Year</li><li>3 REITs to Buy and Hold for the Long Term</li><li>If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SE9PRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SE9PRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Robinhood Markets Right Now?</h2><p>Before you consider Robinhood Markets, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Robinhood Markets wasn't on the list.</p><p>While Robinhood Markets currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HOOD

<p>Baiju Bhatt, Director of Robinhood Markets, Inc. (NASDAQ:HOOD), sold 47,133 shares at an average price of $45.27, totaling $2,133,710.91, representing an 85.70% decrease in his position. Post-sale, he holds 7,863 shares valued at approximately $355,958.01. This transaction follows several other significant sales by Bhatt in recent months. Robinhood's stock rose 2.7% to $49.45, with a market cap of $43.79 billion and a PE ratio of 31.50. Institutional investors own 93.27% of the company, and analysts have set various price targets for the stock.</p>

Baiju Bhatt Sells 47,133 Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) Stock