On November 18, 2024, Jason Warnick, the Chief Financial Officer of Robinhood Markets Inc, sold 50,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 962,032 shares of the company.
Robinhood Markets Inc (HOOD, Financial) is a financial services company that operates a popular trading platform, offering commission-free trades of stocks, exchange-traded funds, and cryptocurrencies via a mobile app. The company aims to democratize finance for all by making investing accessible to everyone.
Over the past year, Jason Warnick has sold a total of 300,000 shares and has not purchased any shares. The insider transaction history for Robinhood Markets Inc indicates that there have been 0 insider buys and 61 insider sells over the same period.
As of the day of the recent sale, shares of Robinhood Markets Inc were trading at $35 each, giving the stock a market cap of $31.893 billion. The company's price-earnings ratio stands at 59.73, which is higher than the industry median of 18.99 but lower than the company’s historical median price-earnings ratio.
With a trading price of $35 and a GF Value of $17.06, Robinhood Markets Inc has a price-to-GF-Value ratio of 2.05, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
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.
