Does Robinhood Markets Inc. (HOOD) Have Insiders Selling Shares?

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As of Wednesday close, Robinhood Markets Inc.’s (NASDAQ:HOOD) stock was up $0.37, moving up 4.07 percent to $9.46. The average number of shares traded per day over the past five days has been 9,059,101 shares. 2 times new highs have been achieved over the past 5 days, with a $0.14 gain in that time frame. In the last twenty days, the average volume was 16,520,080, while in the previous 50 days, it was 12,488,340.

Since last month, HOOD stock retreated -12.65%. Shares of the company fell to $8.29 on 11/09/22, the lowest level in the past month. A 52-week high of $29.22 was reached on 01/03/22 after having rallying from a 52-week low of $6.81. Since the beginning of this year, HOOD’s stock price has dropped by -46.73% or -$8.30, and marked a new high 1 time. However, the stock has declined by -67.62% since its 52-week high.


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HOOD stock investors should be aware that Robinhood Markets Inc. (HOOD) stock had its last reported insider trading activity 23 days ago on Nov 02. Tenev Vladimir, the Chief Executive Officer of the company, disposed of 29,368 shares for $11.63 on Nov 02. It resulted in a $341,500 divestment by the insider. Bhatt Baiju sold 29,366 shares at an average price of $11.63 on Nov 02. The insider now owns 399,032 shares following the transaction. On Aug 18, Chief Legal Officer Gallagher Daniel Martin Jr sold 27,181 shares at $10.11 apiece. The transaction was valued at $274,841.

Financial Health

In the three months ended June 29, Robinhood Markets Inc.’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 90.80% percent. In the year ended June 29, operating margins totaled -95.30%. Based on annual data, HOOD earned -$1.64 billion in gross profit and brought in $1.82 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -22.50%. Return on equity (ROE) for the past 12 months was -18.10%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HOOD’s revenue fell -1.09% to $318.0 million during the quarter, while net income inched up to $361.0 million. While analysts expected Robinhood Markets Inc. to report -$0.37 quarterly earnings, the actual figure was -$0.34 per share, beating the consensus estimate by 8.10%. During the quarter, the company generated -$159.0 million in EBITDA. The value of shareholders’ equity is $886.76 million.

Technical Picture

This quick technical analysis looks at Robinhood Markets Inc.’s (HOOD) price momentum. With a historical volatility rate of 104.20%, the RSI 9-day stood at 45.58% on 23 November.

With respect to its five-day moving average, the current Robinhood Markets Inc. price is up by +1.50% percent or $0.14. At present, HOOD shares trade -14.62% below its 20-day simple moving average and +12.62% percent above its 100-day simple moving average. However, the stock is currently trading approximately -12.24% below its SMA50 and -29.30% below its SMA200.

Stochastic coefficient K was 19.21% and Stochastic coefficient D was 18.58%, while ATR was 0.80. Given the Stochastic reading of 27.21% for the 14-day period, the RSI (14) reading has been calculated as 45.65%. As of today, the MACD Oscillator reading stands at -0.37, while the 14-day reading stands at -0.67.

Analyst Ratings

Robinhood Markets Inc. downgraded its rating on Robinhood Markets Inc. (NASDAQ: HOOD) to an Underweight in a note to investors on August 31, 2022. The analysts firm previously had an Equal weight rating on the stock.Robinhood Markets Inc. (HOOD) has been rated Hold by analysts. According to 2 brokerage firms, HOOD is a sell, and 6 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 0 analysts rate Robinhood Markets Inc. stock as buy, with 5 recommending it as overweight.

With a median target price of $11.25, the current consensus forecast for the stock is $7.00 – $28.00. Based on these forecasts, analysts predict Robinhood Markets Inc. (HOOD) will achieve an average price target of $12.29.

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