Robinhood Markets Inc’s filing revealed that its Chief Technology Officer Pinner Jeffrey Tsvi unloaded Company’s shares for reported $0.28 million on Jan 27 ’25. In the deal valued at $47.82 per share,5,876 shares were sold. As a result of this transaction, Pinner Jeffrey Tsvi now holds 0 shares worth roughly $0.0.
Then, Bhatt Baiju sold 90,866 shares, generating $4,604,180 in total proceeds. Upon selling the shares at $50.67, the Director now owns 0 shares.
Before that, Tenev Vladimir sold 500,000 shares. Robinhood Markets Inc shares valued at $25,387,300 were divested by the Chief Executive Officer at a price of $50.77 per share. As a result of the transaction, Tenev Vladimir now holds 0 shares, worth roughly $0.0.
Morgan Stanley reiterated its Robinhood Markets Inc [HOOD] rating to an Overweight in a research note published on January 17, 2025; the price target was $64. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early January from “an Underweight” to “a Neutral”. Barclays also remained covering HOOD and has increased its forecast on December 09, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Goldman revised its rating on December 06, 2024. It rated HOOD as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HOOD
On Friday, Robinhood Markets Inc [NASDAQ:HOOD] saw its stock fall -1.98% to $51.95. Over the last five days, the stock has gained 1.62%. Robinhood Markets Inc shares have risen nearly 39.43% since the year began. Nevertheless, the stocks have risen 371.84% over the past one year. While a 52-week high of $53.51 was reached on 01/30/25, a 52-week low of $10.51 was recorded on 01/02/25. SMA at 50 days reached $41.38, while 200 days put it at $26.83.
Levels Of Support And Resistance For HOOD Stock
The 24-hour chart illustrates a support level at 51.23, which if violated will result in even more drops to 50.50. On the upside, there is a resistance level at 53.08. A further resistance level may holdings at 54.21. The Relative Strength Index (RSI) on the 14-day chart is 66.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.75, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.34%. Stochastics %K at 93.20% indicates the stock is a selling.
How much short interest is there in Robinhood Markets Inc?
A steep rise in short interest was recorded in Robinhood Markets Inc stocks on 2025-01-15, growing by 2.6 million shares to a total of 17.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 14.64 million shares. There was a rise of 15.08%, which implies that there is a positive sentiment for the stock.
