In a filing, Robinhood Markets Inc revealed its Officer JASON WARNICK acquired Company’s shares for reported $2.95 million on Nov 01 ’24. In the deal valued at $23.57 per share,125,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Bhatt Baiju sold 98,404 shares, generating $2,597,895 in total proceeds. Upon selling the shares at $26.40, the Director now owns 0 shares.
Before that, BAIJU PRAFULKUMAR BHATT LIVING bought 98,404 shares. Robinhood Markets Inc shares valued at $2,650,020 were divested by the Officer at a price of $26.93 per share.
Barclays upgraded its Robinhood Markets Inc [HOOD] rating to an Equal weight from a an Underweight in a research note published on September 06, 2024; the price target was increased to $20 from $18. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in mid August from “a Hold” to “a Buy”. Piper Sandler also remained covering HOOD and has increased its forecast on August 12, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Citigroup revised its rating on August 05, 2024. It rated HOOD as “a Neutral” which previously was an “a Sell”.
Price Performance Review of HOOD
On Monday, Robinhood Markets Inc [NASDAQ:HOOD] saw its stock jump 1.46% to $24.32. Over the last five days, the stock has lost -12.77%. Robinhood Markets Inc shares have risen nearly 90.89% since the year began. Nevertheless, the stocks have risen 156.54% over the past one year. While a 52-week high of $28.58 was reached on 10/30/24, a 52-week low of $7.91 was recorded on 01/19/24. SMA at 50 days reached $23.53, while 200 days put it at $19.64.
Levels Of Support And Resistance For HOOD Stock
The 24-hour chart illustrates a support level at 23.72, which if violated will result in even more drops to 23.12. On the upside, there is a resistance level at 24.74. A further resistance level may holdings at 25.16. The Relative Strength Index (RSI) on the 14-day chart is 44.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.32%. Stochastics %K at 15.78% indicates the stock is a buying.
How much short interest is there in Robinhood Markets Inc?
A steep rise in short interest was recorded in Robinhood Markets Inc stocks on 2024-10-15, dropping by -1.05 million shares to a total of 22.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 23.78 million shares. There was a decline of -4.61%, which implies that there is a negative sentiment for the stock.
