Robinhood: chief technology officer Pinner sells $548k in stock

Robinhood Markets (NASDAQ:HOOD), the financial services company with a market capitalization of $83.27 billion, saw its Chief Technology Officer Jeffrey Tsvi Pinner sell 5,864 shares of Class A Common Stock on July 7, 2025, for approximately $548,353. According to InvestingPro analysis, the stock is currently trading above its Fair Value, having surged over 318% in the past year. The sales were executed at a weighted average price of $93.5118, with prices ranging from $91.83 to $95.39.

Following the transaction, Pinner directly owns 8,908 shares of Robinhood Markets, Inc. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 11, 2024.

In other recent news, WonderFi Technologies Inc. has received a recommendation from Glass Lewis (JO:LEWJ), an independent proxy advisory firm, for its shareholders to vote in favor of the company’s proposed acquisition by Robinhood Markets, Inc. This recommendation follows a similar endorsement from Institutional Shareholder Services. The transaction involves Robinhood’s subsidiary Wrangler Holdings acquiring all outstanding WonderFi shares for C$0.36 each. Meanwhile, Datadog Inc (NASDAQ:DDOG). is set to join the S&P 500 index, replacing Juniper Networks Inc (NYSE:JNPR). following Juniper’s acquisition by Hewlett Packard Enterprise Co (NYSE:HPE). This inclusion in the S&P 500 reflects Datadog’s growth since its public debut in 2019.

Robinhood Markets has seen several positive developments, with KeyBanc, Cantor Fitzgerald, and Mizuho (NYSE:MFG) all raising their price targets for the company. KeyBanc increased its target to $110, citing Robinhood’s recent crypto user event and product innovations. Cantor Fitzgerald raised its target to $100, highlighting Robinhood’s expansion into cryptocurrency as a key driver. Mizuho also adjusted its target to $99, noting Robinhood’s rapid product innovation and expansion into over 30 countries in the EU and European Economic Area. These analyst updates reflect Robinhood’s strategic efforts to expand its cryptocurrency offerings and product capabilities.

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