GuruFocus - On September 3, 2024, Gallagher Daniel Martin Jr, Chief Legal Officer of Robinhood Markets Inc (NASDAQ:HOOD), executed a sale of 12,500 shares of the company. Following this transaction, the insider now directly owns 1,045,068 shares in the company, as detailed in the SEC Filing.
Robinhood Markets Inc operates as a financial services company in the United States. It provides a platform for users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies.
Over the past year, Gallagher Daniel Martin Jr has sold a total of 191,674 shares of Robinhood Markets Inc and has not made any purchases of the stock. The company has seen a total of 57 insider sells and no insider buys over the same period.
Shares of Robinhood Markets Inc were priced at $19.33 on the day of the transaction. The company's market cap is approximately $17.40 billion.
The price-earnings ratio of Robinhood Markets Inc stands at 57.91, which is above the industry median of 17.37. The stock's GF Value is calculated at $15.93, indicating a price-to-GF-Value ratio of 1.21, suggesting that the stock is Modestly Overvalued.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale follows a trend in the company where insider sells have outnumbered buys, suggesting that insiders might be taking profits or reallocating their portfolios.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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