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Robinhood Markets (NASDAQ:HOOD) Chief Legal Officer Daniel Martin Gallagher Jr. sold 225,000 shares of Class A Common Stock on August 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $99.973, for a total transaction value of $22,493,925. The sale comes amid Robinhood’s remarkable performance, with the stock surging over 185% year-to-date and 547% over the past year, pushing its market capitalization to $93.6 billion.
The prices for the sale ranged from $99.03 to $101.11. Following the transaction, Gallagher directly owns 591,887 shares of Robinhood Markets. Trading at a P/E ratio of 51.3 and price-to-book of 11.6, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Discover more insights and 12 additional ProTips for HOOD with an InvestingPro subscription.
In other recent news, Robinhood Markets reported strong financial results for the second quarter of 2025, significantly surpassing analysts’ expectations. The company achieved an earnings per share of $0.42, which was a 40% increase over the forecasted $0.30. Revenue reached $989 million, exceeding the anticipated $908.32 million by 8.88%. Following these results, several investment firms have adjusted their outlook on the company. Cantor Fitzgerald raised its price target to $118 from $100, citing Robinhood’s strong second-quarter performance and noting that the third quarter has started strongly with net deposits in July exceeding $6 billion.
Additionally, Citizens JMP increased its price target to $130 from $125, maintaining a Market Outperform rating and highlighting the company’s impressive earnings report. Mizuho (NYSE:MFG) also raised its price target to $120 from $99, pointing to the accelerating growth in funded accounts as a key factor. Meanwhile, Compass Point reiterated its Buy rating with a $105 price target, emphasizing the effectiveness of Robinhood’s promotional strategy. These developments reflect a positive sentiment among analysts regarding Robinhood’s recent performance and strategic initiatives.
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