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Robinhood Markets Inc (HOOD) Looks Ready for Growth Despite 54.13% Change This Year

Robinhood Markets Inc (NASDAQ: HOOD) is 54.13% 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 $54.65 in the last trading session, with the day’s gains setting it 2.78%.

Currently trading at $57.43, the stock is 20.94% and 30.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 40.94 million and changing 5.09% at the moment leaves the stock 59.91% off its SMA200. HOOD registered 221.74% gain for a year compared to 6-month gain of 92.33%.

The stock witnessed a 41.77% loss in the last 1 month and extending the period to 3 months gives it a 2.06%, and is 19.52% 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 5.68% over the week and 6.22% over the month.

Robinhood Markets Inc (HOOD) has around 2300 employees, a market worth around $50.68B and $3.28B in sales. Current P/E ratio is 32.78 and Fwd P/E is 36.34. Profit margin for the company is 48.51%. Distance from 52-week low is 310.80% and -14.17% from its 52-week high. The company has generated returns on investments over the last 12 months (19.71%).

with sales reaching $879.66M over the same period.The EPS is expected to shrink by -15.66% this year, but quarterly earnings will post 22.60% year-over-year. Quarterly sales are estimated to grow 28.98% in year-over-year returns.

Robinhood Markets Inc (HOOD) Top Institutional Holders

The shares outstanding are 767.85M, and float is at 736.56M with Short Float at 3.86%.

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 6.8571% 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

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Still, SEC filings show that on May 05 ’25, Gallagher Daniel Martin Jr (Chief Legal Officer) disposed off 25,000 shares at an average price of $47.69 for $1.19 million. The insider now directly holds 797,825 shares of Robinhood Markets Inc (HOOD).

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