<div id="readability-page-1"><p>Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) traded down 1% during mid-day trading on Tuesday after an insider sold shares in the company. The company traded as low as $104.97 and last traded at $105.70. 9,364,381 shares traded hands during trading, a decline of 77% from the average session volume of 41,437,586 shares. The stock had previously closed at $106.77.</p><div><p><span></span><span>Get <strong>Robinhood Markets</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 07/21 - 07/25</li></ul><p>Specifically,  Director Baiju Bhatt sold 418,338 shares of the business's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $101.88, for a total transaction of $42,620,275.44. Following the sale, the director directly owned 10,518 shares in the company, valued at approximately $1,071,573.84. The trade was a 97.55% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this link. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities analysts have recently issued reports on the stock. Redburn Atlantic  reaffirmed a &#34;sell&#34; rating and issued a $48.00 price objective (up previously from $40.00) on shares of Robinhood Markets in a research note on Monday, June 9th. Piper Sandler lifted their price objective on shares of Robinhood Markets from $70.00 to $110.00 and gave the stock an &#34;overweight&#34; rating in a research note on Tuesday, July 15th. Compass Point lifted their price objective on shares of Robinhood Markets from $64.00 to $96.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday, June 27th. Cantor Fitzgerald lifted their price objective on shares of Robinhood Markets from $89.00 to $100.00 and gave the stock an &#34;overweight&#34; rating in a research note on Tuesday, July 1st. Finally, JMP Securities lifted their target price on shares of Robinhood Markets from $70.00 to $125.00 and gave the stock a &#34;market outperform&#34; rating in a research report on Monday, July 14th. One investment analyst  has rated the stock with a sell rating, six have assigned  a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $85.29.</p><ul><li>How Robinhood Stock Benefits From New Pro Gambling Tax Changes</li></ul><p><b>Check Out Our Latest Research Report on HOOD</b></p><h2>Robinhood Markets Price Performance</h2><p>The firm's 50 day moving average is $83.80 and its two-hundred day moving average is $60.44. The firm has a market capitalization of $92.01 billion, a P/E ratio of 59.30, a PEG ratio of 5.35 and a beta of 2.36. </p><ul><li>Robinhood Stock Gets 5 Price Target Upgrades, Signaling Upside</li></ul><p>Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.04). Robinhood Markets had a return on equity of 15.42% and a net margin of 48.77%. The company had revenue of $927.00 million for the quarter, compared to the consensus estimate of $917.12 million. During the same period last year, the firm earned $0.18 earnings per share. The company's revenue for the quarter was up 50.0% compared to the same quarter last year.  Analysts anticipate that  Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently bought and sold shares of HOOD. Whipplewood Advisors LLC grew its holdings in shares of  Robinhood Markets by 564.4% during the first quarter. Whipplewood Advisors LLC now owns 598 shares of the company's stock worth $25,000 after purchasing an additional 508 shares during the last quarter.  Hemington Wealth Management grew its holdings in shares of  Robinhood Markets by 52.2% during the first quarter. Hemington Wealth Management now owns 636 shares of the company's stock worth $26,000 after purchasing an additional 218 shares during the last quarter.  Wayfinding Financial LLC bought a new stake in shares of  Robinhood Markets during the first quarter worth about $30,000.  CoreCap Advisors LLC grew its holdings in shares of  Robinhood Markets by 191.6% during the fourth quarter. CoreCap Advisors LLC now owns 837 shares of the company's stock worth $31,000 after purchasing an additional 550 shares during the last quarter.  Finally, Pandora Wealth Inc. bought a new stake in shares of  Robinhood Markets during the first quarter worth about $33,000. Institutional investors and hedge funds own  93.27% of the company's stock. </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>Read More</h2><ul><li>Five stocks we like better than Robinhood Markets</li><li>Special Purpose Acquisition Company (SPAC) What You Need to Know </li><li>Deckers Stock Recovers on Strong Earnings—More Upside Ahead?</li><li>How to Choose Top Rated Stocks</li><li>A New Data Center Overhaul Could Push Super Micro Computer Higher</li><li>3 Dividend Kings To Consider</li><li>CrowdStrike Stock Eyes Next Move With AI in Focus</li></ul><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>Robinhood Markets (NASDAQ:HOOD) shares fell 1% after insider selling by Director Baiju Bhatt, who sold 418,338 shares at an average price of $101.88. The stock traded as low as $104.97, with a significant drop in trading volume. Analysts have mixed ratings, with a consensus target price of $85.29. The company reported a 50% revenue increase year-over-year, with an EPS of $0.37, missing estimates. Institutional investors hold 93.27% of the stock, indicating strong institutional interest.</p>

Robinhood Markets (NASDAQ:HOOD) Shares Down 1% Following Insider Selling