Robinhood Markets Inc (NASDAQ: HOOD) is 55.65% higher on its value in year-to-date trading and has touched a low of $7.91 and a high of $24.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HOOD stock was last observed hovering at around $20.28 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $19.83, the stock is 2.02% and -7.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.63 million and changing -2.22% at the moment leaves the stock 22.36% off its SMA200. HOOD registered 93.46% gain for a year compared to 6-month gain of 40.74%.
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The stock witnessed a -15.33% loss in the last 1 month and extending the period to 3 months gives it a -4.85%, and is 7.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.42% over the week and 5.57% over the month.
Robinhood Markets Inc (HOOD) has around 2200 employees, a market worth around $17.41B and $2.26B in sales. Current P/E ratio is 60.79 and Fwd P/E is 30.10. Profit margin for the company is 12.82%. Distance from 52-week low is 150.70% and -20.30% from its 52-week high. The company has generated returns on investments over the last 12 months (4.02%).
with sales reaching $653.32M over the same period.The EPS is expected to grow by 216.60% this year, but quarterly earnings will post 39.80% year-over-year.
Robinhood Markets Inc (HOOD) Top Institutional Holders
652.0 institutions hold shares in Robinhood Markets Inc (HOOD), with institutional investors hold 79.58% of the company’s shares. The shares outstanding are 745.40M, and float is at 580.16M with Short Float at 5.85%. Institutions hold 78.98% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 56.83 million shares valued at $1.14 billion. The investor’s holdings represent 6.3791 of the HOOD Shares outstanding. As of 2024-03-31, the second largest holder is INDEX VENTURE ASSOCIATES VI LTD with 43.4 million shares valued at $873.72 million to account for 4.8721 of the shares outstanding. The other top investors are GALILEO (PTC) LTD which holds 40.94 million shares representing 4.5957 and valued at over $824.15 million, while RIBBIT MANAGEMENT COMPANY, LLC holds 4.0636 of the shares totaling 36.2 million with a market value of $728.73 million.
Robinhood Markets Inc (HOOD) Insider Activity
The most recent transaction is an insider sale by Bhatt Baiju, the company’s Director. SEC filings show that Bhatt Baiju sold 143,944 shares of the company’s common stock on Aug 14 ’24 at a price of $18.73 per share for a total of $2.7 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Aug 05 ’24, Tenev Vladimir (Chief Executive Officer) disposed off 250,000 shares at an average price of $16.05 for $4.01 million. The insider now directly holds 0 shares of Robinhood Markets Inc (HOOD).
