Robinhood Markets Inc’s recently made public that its Director BAIJU PRAFULKUMAR BHATT LIVING acquired Company’s shares for reported $4.83 million on Feb 07 ’25. In the deal valued at $53.17 per share,90,866 shares were bought.
Then, Gallagher Daniel Martin Jr sold 25,000 shares, generating $1,290,090 in total proceeds. Upon selling the shares at $51.60, the Chief Legal Officer now owns 706,642 shares.
Before that, Pinner Jeffrey Tsvi sold 5,876 shares. Robinhood Markets Inc shares valued at $280,963 were divested by the Chief Technology Officer at a price of $47.82 per share. As a result of the transaction, Pinner Jeffrey Tsvi now holds 0 shares, worth roughly $0.0.
Raymond James initiated its Robinhood Markets Inc [HOOD] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who remained covering the stock and in mid January has reiterated a ‘”an Overweight”‘ rating for it. JP Morgan also remained covering HOOD and has increased its forecast on January 07, 2025 with a “Neutral” recommendation from previously “an Underweight” rating. Barclays revised its rating on December 09, 2024. It rated HOOD as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of HOOD
On Monday, Robinhood Markets Inc [NASDAQ:HOOD] saw its stock jump 0.73% to $56.27. Over the last five days, the stock has gained 8.42%. Robinhood Markets Inc shares have risen nearly 51.02% since the year began. Nevertheless, the stocks have risen 411.55% over the past one year. While a 52-week high of $55.98 was reached on 02/10/25, a 52-week low of $11.00 was recorded on 01/02/25. SMA at 50 days reached $43.54, while 200 days put it at $27.94.
Levels Of Support And Resistance For HOOD Stock
The 24-hour chart illustrates a support level at 55.46, which if violated will result in even more drops to 54.64. On the upside, there is a resistance level at 57.18. A further resistance level may holdings at 58.08. The Relative Strength Index (RSI) on the 14-day chart is 71.91, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.43%. Stochastics %K at 89.49% 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.
