Robinhood Markets Inc (NASDAQ: HOOD) Stock Has Gained 51.72% Over The Month – Is There Room For Growth?

Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares stood at 39.85 million during the last session, with the company’s beta value hitting 2.24. At the close of trading, the stock’s price was $63.86, to imply a decrease of -1.62% or -$1.05 in intraday trading. The HOOD share’s 52-week high remains $66.91, putting it -4.78% down since that peak but still an impressive 78.11% since price per share fell to its 52-week low of $13.98. The company has a valuation of $56.35B, with an average of 40.1 million shares in intraday trading volume over the past 10 days and average of 47.96 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Robinhood Markets Inc (HOOD), translating to a mean rating of 1.77. Of 18 analyst(s) looking at the stock, 5 analyst(s) give HOOD a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 10 recommend it as a Buy.

Robinhood Markets Inc (NASDAQ:HOOD) trade information

After registering a -1.62% downside in the last session, Robinhood Markets Inc (HOOD) has traded red over the past five days. The 5-day price performance for the stock is 4.02%, and 51.72% over 30 days. With these gigs, the year-to-date price performance is 71.39%. Short interest in Robinhood Markets Inc (NASDAQ:HOOD) saw shorts transact 28.43 million shares and set a 0.58 days time to cover.

The extremes give us $49 and $90 for target low and target high price respectively. As such, HOOD has been trading -40.93% off suggested target high and 23.27% from its likely low.

HOOD Dividends

Robinhood Markets Inc has its next earnings report out on 2025-Apr-29. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders

Robinhood Markets Inc insiders hold 0.85% of total outstanding shares, with institutional holders owning 69.58% of the shares at 70.18% float percentage. In total, 69.58% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 60.42 million shares (or 6.8571% of shares), all amounting to roughly $1.37 billion.

The next major institution holding the largest number of shares is RIBBIT MANAGEMENT COMPANY, LLC with 36.21 million shares, or about 4.1094% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $822.28 million.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Robinhood Markets Inc (HOOD) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 22.7 shares. This is just over 2.96% of the total shares, with a market valuation of $1.45 billion. Data from the same date shows that the other fund manager holds a little less at 10.75, or 1.40% of the shares, all valued at about 686.7 million.