From MarketBeat:

CFO at Robinhood Markets, Inc, sells 5,000 shares of stock for a total value of $62,150. Transaction filed with SEC on January 2nd. CFO now owns 921,267 shares valued at $11,451,348.81.

Shares of NASDAQ:HOOD traded up $0.19 on Thursday at $11.98. The company has market capitalization of $10.36 billion, a PE ratio of -14.61 and a beta of 1.40. 50-day simple moving average is $10.33 and 200-day simple moving average is $10.52.

Robinhood posted quarterly revenue of $467 million, up 29.4% year-over-year. Analysts expect Robinhood to post -0.64 EPS for the current year.

Hedge funds and institutional investors hold 58.98% of Robinhood’s shares. Vanguard, BlackRock and others have significant holdings of company’s stock.

Several equities analysts have set price targets for HOOD stock but opinions vary, with average rating of “Hold” and consensus price target of $12.27 per share.

Robinhood Markets, Inc operates a popular fintech platform in the US, allowing users to invest in stocks, ETFs, options, gold, and cryptocurrencies. The company also provides educational resources on its platform.

Instant news alert was generated using data analysis. Robinhood Markets offers promising investments, despite current “Hold” rating from analysts. Get a report on top 5 alternative stock picks.



Read more: Insider Selling: Robinhood Markets, Inc. (NASDAQ:HOOD) CFO Sells 5,000 Shares of Stock