In Monday’s Wall Street session, Robinhood Markets Inc (NASDAQ:HOOD) shares traded at $35.41, up 2.61% from the previous session.
HOOD stock price is now -25.54% away from the 50-day moving average and 7.04% away from the 200-day moving average. The market capitalization of the company currently stands at $31.35B.
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With the price target reduced from $70 to $62, Needham maintained Buy rating for Robinhood Markets Inc (NASDAQ: HOOD). On March 19, 2025, Compass Point recently initiated its ‘Buy’ rating on the stock quoting a target price of $61, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’
In other news, Gallagher Daniel Martin Jr, Chief Legal Officer sold 25,000 shares of the company’s stock on Apr 03 ’25. The stock was sold for $957,725 at an average price of $38.31. Upon completion of the transaction, the Chief Legal Officer now directly owns 822,825 shares in the company, valued at $29.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 07 ’25, Director TENEV 2017 IRR TRUST AGREEMENT bought 125,000 shares of the business’s stock. A total of $4,313,750 was incurred on buying the stock at an average price of $34.51. A total of 16.78% of the company’s stock is owned by insiders.
During the past 12 months, Robinhood Markets Inc has had a low of $13.98 and a high of $66.91. According to the stock market information, the enterprise value for the company is $25975246848, which is based on a 22.67 price-to-earnings ratio, a 3.00 price-to-earnings-growth ratio, and a beta of 2.15. The fifty day moving average price for HOOD is $47.557 and a two-hundred day moving average price translates $33.08145 for the stock.
The latest earnings results from Robinhood Markets Inc (NASDAQ: HOOD) was released for 2024-12-31. The net profit margin was 47.52% and return on equity was 19.24% for HOOD. The company reported revenue of $1.01 billion for the quarter, compared to $471.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 115.29 percent.
