In Monday’s Wall Street session, Robinhood Markets Inc (NASDAQ:HOOD) shares traded at $48.05, down -1.11% from the previous session.
HOOD stock price is now 10.18% away from the 50-day moving average and 36.67% away from the 200-day moving average. The market capitalization of the company currently stands at $42.40B.
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With the price target reduced from $62 to $58, Needham maintained Buy rating for Robinhood Markets Inc (NASDAQ: HOOD). On April 08, 2025, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock keeping its target price maintained at $40, while ‘Needham’ rates the stock as ‘Buy’
In other news, STEVEN QUIRK, Officer bought 10,032 shares of the company’s stock on May 05 ’25. The stock was bought for $487,455 at an average price of $48.59. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 28 ’25, Director Bhatt Baiju sold 94,156 shares of the business’s stock. A total of $4,770,885 was realized by selling the stock at an average price of $50.67. A total of 16.60% 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.
The net profit margin was 48.51% and return on equity was 21.43% for HOOD. The company reported revenue of $927.0 million for the quarter, compared to $618.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 50.0 percent.
