Robinhood Markets (NASDAQ:HOOD) Stock Price Down 3.5% on Insider Selling

07 May 2026, 17:08 by Jessica Moore · The Cerbat Gem

Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s share price traded down 3.5% on Thursday after an insider sold shares in the company. The company traded as low as $75.46 and last traded at $76.28. 21,629,564 shares were traded during mid-day trading, a decline of 29% from the average session volume of 30,572,529 shares. The stock had previously closed at $79.05.

Specifically, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction on Monday, May 4th. The shares were sold at an average price of $76.89, for a total transaction of $768,900.00. Following the completion of the sale, the insider owned 432,849 shares of the company’s stock, valued at approximately $33,281,759.61. The trade was a 2.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

A number of analysts have commented on the stock. Keefe, Bruyette & Woods lowered their target price on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Wall Street Zen lowered shares of Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Zacks Research cut shares of Robinhood Markets from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 8th. Finally, The Goldman Sachs Group decreased their price target on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating for the company in a report on Thursday, March 26th. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $107.88.

Check Out Our Latest Report on Robinhood Markets

Robinhood Markets News Roundup

Here are the key news stories impacting Robinhood Markets this week:

Positive Sentiment: Robinhood’s new Ventures Fund I attracted more than 150,000 retail investors at IPO, signaling strong consumer demand and a potential new revenue/asset base if Robinhood can monetize and retain participants. Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says
Positive Sentiment: Robinhood received in‑principle approval to launch brokerage services in Singapore, opening an APAC expansion path that could add customers and diversify revenue outside the U.S. Robinhood (HOOD) Receives In-Principle Approval to Launch Brokerage Services in Singapore
Neutral Sentiment: CEO Vlad Tenev is publicly bullish on scaling prediction markets and other new products — this shows strategy diversification but commercialization timelines and revenue predictability remain unclear. Robinhood CEO issues bold outlook on prediction markets business
Neutral Sentiment: Tokenized/AI‑company trading activity (e.g., Anthropic) is surging across crypto venues — this could lift crypto order flow industry‑wide, but it’s unclear how much Robinhood benefits versus crypto‑native venues. Anthropic Tokenized Trades Hit $1.6 Trillion Implied Valuation
Negative Sentiment: Robinhood has lagged peers YTD (down ~30% vs. Interactive Brokers up ~35%), highlighting concerns about customer mix and revenue durability; investors are pricing a weaker trading/revenue outlook relative to professional platforms. Robinhood Is Down 30% in 2026 While Interactive Brokers Is Up 35%: Here’s Why
Negative Sentiment: Competition in crypto trading is intensifying — Morgan Stanley/E*Trade launched lower‑fee direct crypto trading, which could pressure Robinhood’s crypto volumes and revenue. Robinhood Faces Cheaper Crypto Rival As Retail Venture Fund Expands Access
Negative Sentiment: Q1 results showed a revenue miss and softer crypto revenue, keeping near‑term growth and EPS upside in question — a key reason for recent selling pressure. MarketBeat Q1 coverage and performance details
Negative Sentiment: An insider sold 10,000 shares under a pre‑arranged 10b5‑1 plan; while routine, insider sales can be viewed negatively by some investors and add to short‑term pressure. Insider sale: Daniel Martin Gallagher, Jr. SEC filing

Robinhood Markets Trading Down 3.5%

The stock has a market capitalization of $68.68 billion, a price-to-earnings ratio of 36.85, a price-to-earnings-growth ratio of 2.52 and a beta of 2.29. The stock’s 50 day moving average is $76.38 and its two-hundred day moving average is $101.36.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.Robinhood Markets’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.37 earnings per share. On average, research analysts anticipate that Robinhood Markets, Inc. will post 1.86 earnings per share for the current year.

Hedge Funds Weigh In On Robinhood Markets

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. lifted its position in Robinhood Markets by 44.9% during the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after buying an additional 79 shares in the last quarter. First Command Advisory Services Inc. raised its holdings in shares of Robinhood Markets by 33.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares during the period. Evolution Wealth Advisors LLC raised its holdings in Robinhood Markets by 5.2% in the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock valued at $217,000 after acquiring an additional 95 shares during the period. ORG Partners LLC raised its holdings in Robinhood Markets by 5.5% in the 3rd quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after acquiring an additional 97 shares during the period. Finally, CogentBlue Wealth Advisors LLC raised its holdings in Robinhood Markets by 4.1% in the 4th quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock valued at $282,000 after acquiring an additional 98 shares during the period. 93.27% of the stock is owned by institutional investors and hedge funds.

About Robinhood Markets

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Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.