Robinhood Markets Inc (NASDAQ: HOOD) is 18.30% higher on its value in year-to-date trading and has touched a low of $13.98 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 $44.14 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $44.08, the stock is 4.78% and -5.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.89 million and changing -0.14% at the moment leaves the stock 30.94% off its SMA200. HOOD registered 145.30% gain for a year compared to 6-month gain of 67.80%. The firm has a 50-day simple moving average (SMA 50) of $46.43 and a 200-day simple moving average (SMA200) of $33.66325.
The stock witnessed a 4.90% loss in the last 1 month and extending the period to 3 months gives it a 5.56%, and is 29.00% 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 11.67% over the week and 9.71% over the month.
Robinhood Markets Inc (HOOD) has around 2300 employees, a market worth around $39.03B and $2.97B in sales. Current P/E ratio is 28.22 and Fwd P/E is 27.80. Profit margin for the company is 47.52%. Distance from 52-week low is 215.31% and -34.12% from its 52-week high. The company has generated returns on investments over the last 12 months (17.46%).
with sales reaching $909.41M over the same period.The EPS is expected to shrink by -16.31% this year, but quarterly earnings will post 23.58% year-over-year. Quarterly sales are estimated to grow 47.15% in year-over-year returns.
Robinhood Markets Inc (HOOD) Top Institutional Holders
987.0 institutions hold shares in Robinhood Markets Inc (HOOD), with institutional investors hold 74.52% of the company’s shares. The shares outstanding are 764.90M, and float is at 736.87M with Short Float at 3.40%. Institutions hold 73.62% of the Float.
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 4.1094 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 3.7667 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 Pinner Jeffrey Tsvi, the company’s Chief Technology Officer. SEC filings show that Pinner Jeffrey Tsvi sold 5,853 shares of the company’s common stock on Apr 07 ’25 at a price of $34.51 per share for a total of $0.2 million. Following the sale, the insider now owns 5853.0 shares.
Robinhood Markets Inc disclosed in a document filed with the SEC on Apr 03 ’25 that Gallagher Daniel Martin Jr (Chief Legal Officer) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Apr 03 ’25 and was made at $38.31 per share for $0.96 million. Following the transaction, the insider now directly holds 0.82 million shares of the HOOD stock.
Still, SEC filings show that on Apr 07 ’25, TENEV 2017 IRR TRUST AGREEMENT (Director) Proposed Sale 125,000 shares at an average price of $34.51 for $4.31 million. The insider now directly holds shares of Robinhood Markets Inc (HOOD).
