Robinhood Director Bhatt Baiju Sells 94,156 Shares at $50.67 per Share.

Robinhood Markets, Inc. has disclosed that Bhatt Baiju, a member of the company's board of directors, has sold 94,156 shares at a price of $50.67 per share on April 28, 2025.

Robinhood Markets, Inc. (NASDAQ:HOOD) disclosed that Baiju Bhatt, a member of the company's board of directors, sold 94,156 shares of the firm's stock on April 28, 2025. The shares were sold at an average price of $50.67 per share, resulting in a total transaction of $4,772,868.02. Following the sale, Bhatt now owns approximately 14,850 shares in the company, valued at approximately $731,573.37. This sale represents a significant reduction in his position, as he previously held a larger stake in the company [1].

The stock price of Robinhood Markets has been volatile in recent months, with the company experiencing both gains and losses. On April 25, 2025, the stock traded up by 2.7% to reach $49.45, with a 12-month high of $66.91 and a 12-month low of $13.98. The stock has a market cap of $43.79 billion, a PE ratio of 31.50, a PEG ratio of 1.05, and a beta of 2.17. The company's fifty-day and 200-day moving averages are $43.71 and $40.62, respectively [1].

Institutional investors have also shown interest in Robinhood Markets. In the first quarter of 2025, several institutional investors increased their positions in the company. Amalgamated Bank, Skylands Capital LLC, Colonial River Investments LLC, Kessler Investment Group LLC, and Mirae Asset Global Investments Co. Ltd. all made significant additions to their holdings in the company [1].

Analysts have recently adjusted their ratings and price targets for Robinhood Markets. Citigroup, Keefe, Bruyette & Woods, Needham & Company LLC, and Deutsche Bank Aktiengesellschaft have all revised their price objectives and ratings for the company. Despite these changes, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $53.88 [1].

Robinhood Markets operates a financial services platform in the United States, allowing users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services [1].

References:
[1] https://www.marketbeat.com/instant-alerts/baiju-bhatt-sells-47133-shares-of-robinhood-markets-inc-nasdaqhood-stock-2025-04-25/