Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Robinhood Markets Inc shares valued at $1,803,982 were sold by Bhatt Baiju on Dec 12 ’24. At $40.02 per share, Bhatt Baiju sold 45,077 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
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
Also, Malka Meyer sold 32,894 shares, netting a total of over 1,200,019 in proceeds. Following the sale of shares at $36.48 each, the insider now holds 5,200,042 shares.
Before that, Bhatt Baiju had sold 186,514 shares from its account. In a trade valued at $7,112,301, the Director traded Robinhood Markets Inc shares for $38.13 each. Upon closing the transaction, the insider’s holdings decreased to 186,514 shares, worth approximately $0.0.
As published in a research note from Barclays on December 09, 2024, Robinhood Markets Inc [HOOD] has been rated up from an Equal weight to an Overweight and the price target has been revised to $49 from $26. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of November 25, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for HOOD. Earlier on November 18, 2024, Needham upgraded its rating. Their new recommendation was “a Buy” for HOOD stock which previously was a “a Hold”.
Analyzing HOOD Stock Performance
During the last five days, there has been a drop of approximately -6.08%. Over the course of the year, Robinhood Markets Inc shares have jumped approximately 189.95%. Shares of the company reached a 52-week high of $43.83 on 12/16/24 and a 52-week low of $10.38 on 01/19/24. A 50-day SMA is recorded $32.63, while a 200-day SMA reached $23.34. Nevertheless, trading volume fell to 23.93 million shares from 26.96 million shares the previous day.
Support And Resistance Levels for Robinhood Markets Inc (HOOD)
According to the 24-hour chart, there is a support level at 35.87, which, if violated, would cause prices to drop to 34.81. In the upper region, resistance lies at 38.34. The next price resistance is at 39.75. RSI (Relative Strength Index) is 50.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.73, which suggests the price will decrease in the coming days. Percent R is at 83.92%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
