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A company insider recently sold 25,000 shares of Robinhood Markets Inc [HOOD]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Robinhood Markets Inc shares valued at $1,290,090 were sold by Gallagher Daniel Martin Jr on Feb 03 ’25. At $51.60 per share, Gallagher Daniel Martin Jr sold 25,000 shares. The insider’s holdings dropped to 706,642 shares worth approximately $38.3 million following the completion of this transaction.

Also, Pinner Jeffrey Tsvi sold 5,876 shares, netting a total of over 280,963 in proceeds. Following the sale of shares at $47.82 each, the insider now holds 0 shares.

Before that, Bhatt Baiju had sold 90,866 shares from its account. In a trade valued at $4,604,180, the Director traded Robinhood Markets Inc shares for $50.67 each. Upon closing the transaction, the insider’s holdings decreased to 90,866 shares, worth approximately $0.0.

As published in their initiating research note from Raymond James on February 05, 2025, Robinhood Markets Inc [HOOD] has been a Mkt perform. Analysts at Morgan Stanley resumed the stock at ‘”an Overweight”‘ outlook in a report released in mid January. As of January 07, 2025, JP Morgan has increased its “an Underweight” rating to a “Neutral” for HOOD. Earlier on December 09, 2024, Barclays upgraded its rating. Their new recommendation was “an Overweight” for HOOD stock which previously was a “an Equal weight”.

Analyzing HOOD Stock Performance

During the last five days, there has been a surge of approximately 5.96%. Over the course of the year, Robinhood Markets Inc shares have jumped approximately 45.46%. Shares of the company reached a 52-week high of $54.33 on 02/05/25 and a 52-week low of $37.35 on 01/02/25. A 50-day SMA is recorded $42.42, while a 200-day SMA reached $27.37. Nevertheless, trading volume fell to 16.58 million shares from 17.47 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 52.83, which, if violated, would cause prices to drop to 51.46. In the upper region, resistance lies at 54.95. The next price resistance is at 55.70. RSI (Relative Strength Index) is 70.73 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.34, which suggests the price will increase in the coming days. Percent R is at 1.43%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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