Robinhood Markets Inc’s recently made public that its Chief Legal Officer Gallagher Daniel Martin Jr unloaded Company’s shares for reported $11.25 million on Dec 23 ’24. In the deal valued at $37.51 per share,300,000 shares were sold. As a result of this transaction, Gallagher Daniel Martin Jr now holds 806,955 shares worth roughly $31.49 million.
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, Pinner Jeffrey Tsvi sold 5,876 shares, generating $222,824 in total proceeds. Upon selling the shares at $37.92, the Chief Technology Officer now owns 11,752 shares.
Before that, DANIEL MARTIN GALLAGHER bought 300,000 shares. Robinhood Markets Inc shares valued at $11,499,000 were divested by the Officer at a price of $38.33 per share.
Barclays upgraded its Robinhood Markets Inc [HOOD] rating to an Overweight from a an Equal weight in a research note published on December 09, 2024; the price target was increased to $49 from $26. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. Morgan Stanley also remained covering HOOD and has increased its forecast on November 25, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Needham revised its rating on November 18, 2024. It rated HOOD as “a Buy” which previously was an “a Hold”.
Price Performance Review of HOOD
On Friday, Robinhood Markets Inc [NASDAQ:HOOD] saw its stock fall -3.37% to $39.02. Over the last five days, the stock has gained 5.63%. Robinhood Markets Inc shares have risen nearly 206.28% since the year began. Nevertheless, the stocks have risen 194.27% over the past one year. While a 52-week high of $43.83 was reached on 12/16/24, a 52-week low of $10.38 was recorded on 01/19/24. SMA at 50 days reached $33.87, while 200 days put it at $23.90.
Levels Of Support And Resistance For HOOD Stock
The 24-hour chart illustrates a support level at 38.01, which if violated will result in even more drops to 37.01. On the upside, there is a resistance level at 40.23. A further resistance level may holdings at 41.45. The Relative Strength Index (RSI) on the 14-day chart is 54.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.03%. Stochastics %K at 57.49% indicates the stock is a holding.
How much short interest is there in Robinhood Markets Inc?
A steep rise in short interest was recorded in Robinhood Markets Inc stocks on 2024-12-13, dropping by -9.21 million shares to a total of 14.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 23.85 million shares. There was a decline of -62.88%, which implies that there is a negative sentiment for the stock.