Robinhood Markets Inc (NASDAQ: HOOD) is 58.96% higher on its value in year-to-date trading and has touched a low of $13.39 and a high of $66.91 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 $60.44 in the last trading session, with the day’s loss setting it -1.21%.
Currently trading at $59.23, the stock is 8.99% and 28.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.84 million and changing -2.00% at the moment leaves the stock 102.76% off its SMA200. HOOD registered 341.36% gain for a year compared to 6-month gain of 196.45%.
The stock witnessed a 23.01% loss in the last 1 month and extending the period to 3 months gives it a 83.83%, and is 11.04% 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 7.84% over the week and 5.46% over the month.
Robinhood Markets Inc (HOOD) has around 2200 employees, a market worth around $52.31B and $2.97B in sales. Current P/E ratio is 37.92 and Fwd P/E is 34.80. Profit margin for the company is 47.52%. Distance from 52-week low is 342.35% and -11.48% from its 52-week high. The company has generated returns on investments over the last 12 months (19.37%).
with sales reaching $925M over the same period.The EPS is expected to shrink by -5.21% this year, but quarterly earnings will post 25.87% year-over-year. Quarterly sales are estimated to grow 49.68% in year-over-year returns.
The shares outstanding are 764.90M, and float is at 732.25M with Short Float at 1.85%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 60.42 million shares valued at $1.37 billion. The investor’s holdings represent 6.9022 of the HOOD Shares outstanding. As of 2024-06-30, the second largest holder is RIBBIT MANAGEMENT COMPANY, LLC with 36.21 million shares valued at $822.28 million to account for 4.1364 of the shares outstanding. The other top investors are INDEX VENTURE ASSOCIATES VI LTD which holds 36.17 million shares representing 4.1052 and valued at over $821.42 million, while BLACKROCK INC. holds 3.7915 of the shares totaling 33.19 million with a market value of $753.69 million.
Robinhood Markets Inc (HOOD) Insider Activity
The most recent transaction is an insider sale by Warnick Jason, the company’s Chief Financial Officer. SEC filings show that Warnick Jason sold 150,000 shares of the company’s common stock on Feb 14 ’25 at a price of $63.72 per share for a total of $9.56 million. Following the sale, the insider now owns 0.9 million shares.
Robinhood Markets Inc disclosed in a document filed with the SEC on Feb 13 ’25 that Bhatt Baiju (Director) sold a total of 522,180 shares of the company’s common stock. The trade occurred on Feb 13 ’25 and was made at $62.70 per share for $32.74 million. Following the transaction, the insider now directly holds 0.0 shares of the HOOD stock.
Still, SEC filings show that on Feb 18 ’25, DANIEL MARTIN GALLAGHER (Officer) Proposed Sale 50,000 shares at an average price of $60.77 for $3.04 million. The insider now directly holds shares of Robinhood Markets Inc (HOOD).
