Robinhood Markets Inc (NASDAQ:HOOD) shares traded 2.77% higher at $67.98 on Wall Street last session.
HOOD stock price is now 35.25% away from the 50-day moving average and 74.01% away from the 200-day moving average. The market capitalization of the company currently stands at $59.99B.
With the price target enhanced from $58 to $71, Needham maintained Buy rating for Robinhood Markets Inc (NASDAQ: HOOD). On May 01, 2025, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $62 to quote $58, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Warnick Jason, Chief Financial Officer sold 25,000 shares of the company’s stock on May 27 ’25. The stock was sold for $1,648,832 at an average price of $65.95. Upon completion of the transaction, the Chief Financial Officer now directly owns 881,814 shares in the company, valued at $59.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 27 ’25, Officer JASON WARNICK bought 25,000 shares of the business’s stock. A total of $1,579,250 was incurred on buying the stock at an average price of $63.17. A total of 16.50% 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 $67.13. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 1.35, and a quick ratio of 1.35.
The net profit margin was 48.51% and return on equity was 21.43% for HOOD.
