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MENLO PARK, CA – Jason Warnick, the Chief Financial Officer of Robinhood Markets , Inc. (NASDAQ:HOOD), sold 25,000 shares of Class A Common Stock on May 27, 2025. The sale comes as the stock has surged over 70% in the past six months, with the company’s market capitalization now reaching $56.37 billion. The shares were sold at a weighted-average price of $65.95, with transaction prices ranging from $63.91 to $67.12, resulting in a total sale value of approximately $1.65 million.
Following this transaction, Warnick retains ownership of 881,814 shares in the company. The sale was conducted under a Rule 10b5-1 trading plan, which was adopted on May 10, 2024.
In other recent news, Robinhood Markets has announced the expansion of its desktop platform to the United Kingdom (TADAWUL:4280), aiming to provide UK retail investors with enhanced trading tools. This strategic move is part of Robinhood’s broader effort to grow its global presence and attract more retail investors. Meanwhile, Robinhood’s acquisition of WonderFi Technologies is supported by Mogo Inc., with the transaction expected to close in the second half of 2025, pending approvals. The acquisition price represents a significant premium over WonderFi’s recent trading prices, highlighting the value Robinhood sees in this deal.
In analyst updates, Needham raised its price target for Robinhood to $71, maintaining a Buy rating, citing the company’s product expansion in the cryptocurrency sector as a key driver. Keefe, Bruyette & Woods also maintained their Market Perform rating with a $47 price target, noting that while equity trading volumes met expectations, options and cryptocurrency trading volumes were slightly below forecasts. The firm’s earnings per share estimate for Robinhood is higher than consensus, suggesting potential upside if current trends continue. These developments reflect Robinhood’s ongoing efforts to enhance its offerings and strategic positioning in the market.
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