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Technology - Software - Infrastructure - NASDAQ - US
$ 32.32
0.31 %
$ 28.6 B
Market Cap
55.72
P/E
1. INTRINSIC VALUE

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade.[ Read More ]

The intrinsic value of one HOOD stock under the base case scenario is HIDDEN Compared to the current market price of 32.3 USD, Robinhood Markets, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HOOD

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FINANCIALS
1.86 B REVENUE
37.33%
-1.04 B OPERATING INCOME
-9.98%
-541 M NET INCOME
47.37%
1.18 B OPERATING CASH FLOW
238.62%
-582 M INVESTING CASH FLOW
-870.00%
-610 M FINANCING CASH FLOW
66.43%
637 M REVENUE
-7.41%
48 M OPERATING INCOME
-75.38%
150 M NET INCOME
-20.21%
1.81 B OPERATING CASH FLOW
3255.56%
-123 M INVESTING CASH FLOW
-925.00%
-95 M FINANCING CASH FLOW
-126.19%
Balance Sheet Decomposition Robinhood Markets, Inc.
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Current Assets 31.8 B
Cash & Short-Term Investments 4.84 B
Receivables 3.5 B
Other Current Assets 23.5 B
Non-Current Assets 542 M
Long-Term Investments 73 M
PP&E 188 M
Other Non-Current Assets 281 M
Current Liabilities 25.5 B
Accounts Payable 384 M
Short-Term Debt 3.55 B
Other Current Liabilities 21.6 B
Non-Current Liabilities 91 M
Long-Term Debt 0
Other Non-Current Liabilities 91 M
EFFICIENCY
Earnings Waterfall Robinhood Markets, Inc.
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Revenue 1.86 B
Cost Of Revenue 760 M
Gross Profit 1.1 B
Operating Expenses 2.9 B
Operating Income -1.04 B
Other Expenses -495 M
Net Income -541 M
RATIOS
59.25% GROSS MARGIN
59.25%
-55.55% OPERATING MARGIN
-55.55%
-29.01% NET MARGIN
-29.01%
-8.08% ROE
-8.08%
-1.67% ROA
-1.67%
-10.27% ROIC
-10.27%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Robinhood Markets, Inc.
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Net Income -541 M
Depreciation & Amortization 71 M
Capital Expenditures -21 M
Stock-Based Compensation 871 M
Change in Working Capital 595 M
Others 646 M
Free Cash Flow 1.16 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Robinhood Markets, Inc.
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Wall Street analysts predict an average 1-year price target for HOOD of $22.9 , with forecasts ranging from a low of $12.5 to a high of $35 .
HOOD Lowest Price Target Wall Street Target
12.5 USD -61.32%
HOOD Average Price Target Wall Street Target
22.9 USD -29.28%
HOOD Highest Price Target Wall Street Target
35 USD 8.29%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Robinhood Markets, Inc.
image
Sold
0-3 MONTHS
214 M USD 6
3-6 MONTHS
36.7 M USD 4
6-9 MONTHS
41.7 M USD 5
9-12 MONTHS
15.9 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 9.64 M USD
Malka Meyer
Director
- 321218
30.0054 USD
1 week ago
Nov 07, 2024
Sell 3.18 M USD
Malka Meyer
Director
- 105875
30.0031 USD
1 week ago
Nov 08, 2024
Sell 84.4 M USD
Malka Meyer
Director
- 2791306
30.2464 USD
1 week ago
Nov 06, 2024
Sell 1.5 M USD
Warnick Jason
Chief Financial Officer
- 50000
30 USD
1 week ago
Nov 05, 2024
Sell 2.72 M USD
Bhatt Baiju
Director
- 108964
24.9201 USD
1 week ago
Nov 04, 2024
Sell 6.05 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
24.2112 USD
2 weeks ago
Nov 01, 2024
Sell 2.95 M USD
Warnick Jason
Chief Financial Officer
- 125000
23.5676 USD
1 month ago
Oct 17, 2024
Sell 2.6 M USD
Bhatt Baiju
Director
- 98404
26.4003 USD
1 month ago
Oct 08, 2024
Sell 5.2 M USD
Quirk Steven M.
Chief Brokerage Officer
- 208291
24.9792 USD
1 month ago
Oct 08, 2024
Sell 80.9 M USD
Malka Meyer
Director
- 3225806
25.0724 USD
1 month ago
Oct 04, 2024
Sell 5.72 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
22.8815 USD
1 month ago
Oct 03, 2024
Sell 280 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
22.3697 USD
1 month ago
Oct 01, 2024
Sell 546 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 23293
23.42 USD
2 months ago
Sep 09, 2024
Sell 2.74 M USD
Bhatt Baiju
Director
- 139916
19.5481 USD
2 months ago
Sep 04, 2024
Sell 4.81 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
19.2569 USD
2 months ago
Sep 03, 2024
Sell 242 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
19.3253 USD
2 months ago
Aug 26, 2024
Sell 524 K USD
Warnick Jason
Chief Financial Officer
- 25000
20.9562 USD
3 months ago
Aug 14, 2024
Sell 2.7 M USD
Bhatt Baiju
Director
- 143944
18.726 USD
3 months ago
Aug 05, 2024
Sell 4.01 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
16.0456 USD
4 months ago
Jul 12, 2024
Sell 2.67 M USD
Bhatt Baiju
Director
- 120236
22.2039 USD
4 months ago
Jul 05, 2024
Sell 5.62 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
22.4992 USD
4 months ago
Jul 03, 2024
Sell 285 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
22.7992 USD
4 months ago
Jun 20, 2024
Sell 2.62 M USD
Bhatt Baiju
Director
- 121226
21.6349 USD
5 months ago
Jun 04, 2024
Sell 5.26 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
21.0331 USD
5 months ago
Jun 04, 2024
Sell 263 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
21.045 USD
5 months ago
Jun 03, 2024
Sell 106 K USD
Warnick Jason
Chief Financial Officer
- 5000
21.2548 USD
5 months ago
May 30, 2024
Sell 8.66 M USD
Tenev Vladimir
Chief Executive Officer
- 406885
21.2776 USD
5 months ago
May 30, 2024
Sell 2.57 M USD
Bhatt Baiju
Director
- 116669
22.0248 USD
5 months ago
May 29, 2024
Sell 961 K USD
Tenev Vladimir
Chief Executive Officer
- 45545
21.1066 USD
5 months ago
May 21, 2024
Sell 1 M USD
Tenev Vladimir
Chief Executive Officer
- 47570
21.1199 USD
6 months ago
May 15, 2024
Sell 304 K USD
Bhatt Baiju
Director
- 16667
18.2674 USD
6 months ago
May 10, 2024
Sell 2.55 M USD
Bhatt Baiju
Director
- 153180
16.6284 USD
6 months ago
May 06, 2024
Sell 4.48 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
17.9274 USD
6 months ago
May 03, 2024
Sell 223 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
17.829 USD
6 months ago
May 02, 2024
Sell 427 K USD
Tenev Vladimir
Chief Executive Officer
- 25049
17.0416 USD
6 months ago
May 01, 2024
Sell 83.6 K USD
Warnick Jason
Chief Financial Officer
- 5000
16.7203 USD
6 months ago
Apr 23, 2024
Sell 2.71 M USD
Bhatt Baiju
Director
- 154160
17.6105 USD
7 months ago
Apr 18, 2024
Sell 286 K USD
Bhatt Baiju
Director
- 16667
17.1593 USD
7 months ago
Apr 04, 2024
Sell 4.67 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
18.6747 USD
7 months ago
Apr 01, 2024
Sell 98 K USD
Warnick Jason
Chief Financial Officer
- 5000
19.592 USD
7 months ago
Mar 19, 2024
Sell 286 K USD
Bhatt Baiju
Chief Creative Officer
- 16667
17.1674 USD
8 months ago
Mar 12, 2024
Sell 2.58 M USD
Bhatt Baiju
Chief Creative Officer
- 157177
16.4142 USD
8 months ago
Mar 05, 2024
Sell 199 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
15.9036 USD
8 months ago
Mar 04, 2024
Sell 4.19 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
16.7614 USD
8 months ago
Mar 01, 2024
Sell 82.4 K USD
Warnick Jason
Chief Financial Officer
- 5000
16.4738 USD
8 months ago
Feb 29, 2024
Sell 269 K USD
Bhatt Baiju
Chief Creative Officer
- 16667
16.1654 USD
8 months ago
Feb 26, 2024
Sell 7.56 M USD
Tenev Vladimir
Chief Executive Officer
- 500000
15.119 USD
8 months ago
Feb 26, 2024
Sell 7.04 M USD
Bhatt Baiju
Chief Creative Officer
- 466000
15.0968 USD
8 months ago
Feb 26, 2024
Sell 252 K USD
Bhatt Baiju
Chief Creative Officer
- 16667
15.09 USD
8 months ago
Feb 23, 2024
Sell 879 K USD
Quirk Steven M.
Chief Brokerage Officer
- 60895
14.4272 USD
8 months ago
Feb 21, 2024
Sell 2.55 M USD
Bhatt Baiju
Chief Creative Officer
- 188077
13.5693 USD
9 months ago
Feb 12, 2024
Sell 60 K USD
Warnick Jason
Chief Financial Officer
- 5000
12 USD
9 months ago
Feb 05, 2024
Sell 2.65 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
10.6075 USD
9 months ago
Feb 05, 2024
Sell 133 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
10.6086 USD
9 months ago
Feb 02, 2024
Sell 234 K USD
Bhatt Baiju
Chief Creative Officer
- 21587
10.8175 USD
9 months ago
Feb 02, 2024
Sell 234 K USD
Tenev Vladimir
Chief Executive Officer
- 21586
10.8179 USD
10 months ago
Jan 08, 2024
Sell 2.74 M USD
Bhatt Baiju
Chief Creative Officer
- 222877
12.2836 USD
10 months ago
Jan 04, 2024
Sell 3 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
12.0069 USD
10 months ago
Jan 02, 2024
Sell 62.2 K USD
Warnick Jason
Chief Financial Officer
- 5000
12.4332 USD
11 months ago
Dec 13, 2023
Sell 2.63 M USD
Bhatt Baiju
Chief Creative Officer
- 227859
11.5583 USD
11 months ago
Dec 13, 2023
Sell 240 K USD
Warnick Jason
Chief Financial Officer
- 20000
12 USD
11 months ago
Dec 11, 2023
Sell 2.9 M USD
Tenev Vladimir
Chief Executive Officer
- 250000
11.6018 USD
11 months ago
Dec 05, 2023
Sell 129 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
10.2981 USD
1 year ago
Nov 13, 2023
Sell 884 K USD
Bhatt Baiju
Chief Creative Officer
- 106319
8.311 USD
1 year ago
Nov 06, 2023
Sell 801 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
9.6093 USD
1 year ago
Nov 03, 2023
Sell 121 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
9.6943 USD
1 year ago
Nov 02, 2023
Sell 260 K USD
Bhatt Baiju
Chief Creative Officer
- 27832
9.3528 USD
1 year ago
Nov 02, 2023
Sell 260 K USD
Tenev Vladimir
Chief Executive Officer
- 27829
9.3536 USD
1 year ago
Oct 12, 2023
Sell 849 K USD
Bhatt Baiju
Chief Creative Officer
- 90021
9.4311 USD
1 year ago
Oct 04, 2023
Sell 112 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 11674
9.6006 USD
1 year ago
Oct 04, 2023
Sell 800 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
9.6024 USD
1 year ago
Sep 12, 2023
Sell 868 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 80000
10.8474 USD
1 year ago
Sep 12, 2023
Sell 877 K USD
Bhatt Baiju
Chief Creative Officer
- 80720
10.8656 USD
1 year ago
Sep 05, 2023
Sell 897 K USD
Tenev Vladimir
Chief Executive Officer
- 83334
10.7673 USD
1 year ago
Sep 05, 2023
Sell 134 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
10.7564 USD
1 year ago
Aug 11, 2023
Sell 871 K USD
Bhatt Baiju
Chief Creative Officer
- 81548
10.6791 USD
1 year ago
Aug 03, 2023
Sell 145 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
11.5647 USD
1 year ago
Aug 04, 2023
Sell 954 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
11.4471 USD
1 year ago
Aug 02, 2023
Sell 369 K USD
Tenev Vladimir
Chief Executive Officer
- 29604
12.453 USD
1 year ago
Aug 02, 2023
Sell 369 K USD
Bhatt Baiju
Chief Creative Officer
- 29606
12.4522 USD
1 year ago
Aug 01, 2023
Sell 63.4 K USD
Warnick Jason
Chief Financial Officer
- 5000
12.69 USD
1 year ago
Jul 12, 2023
Sell 881 K USD
Bhatt Baiju
Chief Creative Officer
- 73965
11.916 USD
1 year ago
Jul 11, 2023
Sell 480 K USD
Warnick Jason
Chief Financial Officer
- 40000
12 USD
1 year ago
Jul 05, 2023
Sell 124 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 11674
10.6312 USD
1 year ago
Jul 05, 2023
Sell 886 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
10.631 USD
1 year ago
Jun 12, 2023
Sell 868 K USD
Bhatt Baiju
Chief Creative Officer
- 92987
9.3328 USD
1 year ago
Jun 05, 2023
Sell 114 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
9.1125 USD
1 year ago
Jun 05, 2023
Sell 759 K USD
Tenev Vladimir
Chief Executive Officer
- 83334
9.1114 USD
1 year ago
May 11, 2023
Sell 918 K USD
Bhatt Baiju
Chief Creative Officer
- 96472
9.5163 USD
1 year ago
May 04, 2023
Sell 700 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
8.3988 USD
1 year ago
May 03, 2023
Sell 105 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
8.4176 USD
1 year ago
May 03, 2023
Sell 196 K USD
Tenev Vladimir
Chief Executive Officer
- 23311
8.4065 USD
1 year ago
May 03, 2023
Sell 196 K USD
Bhatt Baiju
Chief Creative Officer
- 23313
8.4056 USD
1 year ago
Apr 10, 2023
Sell 863 K USD
Bhatt Baiju
Chief Creative Officer
- 87413
9.8753 USD
1 year ago
Apr 04, 2023
Sell 812 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
9.7414 USD
1 year ago
Apr 05, 2023
Sell 113 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 11673
9.6821 USD
1 year ago
Mar 10, 2023
Sell 836 K USD
Bhatt Baiju
Chief Creative Officer
- 92691
9.0239 USD
1 year ago
Mar 06, 2023
Sell 820 K USD
Tenev Vladimir
Chief Executive Officer
- 83334
9.8369 USD
1 year ago
Mar 03, 2023
Sell 123 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
9.8161 USD
1 year ago
Feb 10, 2023
Sell 867 K USD
Bhatt Baiju
Chief Creative Officer
- 86806
9.9832 USD
1 year ago
Feb 06, 2023
Sell 884 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
10.6098 USD
1 year ago
Feb 03, 2023
Sell 136 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
10.9192 USD
1 year ago
Feb 02, 2023
Sell 225 K USD
Tenev Vladimir
Chief Executive Officer
- 19923
11.284 USD
1 year ago
Feb 02, 2023
Sell 225 K USD
Bhatt Baiju
Chief Creative Officer
- 19918
11.2848 USD
1 year ago
Jan 09, 2023
Sell 905 K USD
Bhatt Baiju
Chief Creative Officer
- 106061
8.5346 USD
1 year ago
Jan 05, 2023
Sell 102 K USD
Gallagher Daniel Martin Jr
Chief Legal Officer
- 12500
8.1284 USD
1 year ago
Jan 04, 2023
Sell 686 K USD
Tenev Vladimir
Chief Executive Officer
- 83333
8.2371 USD
7. News
Robinhood price target raised to $35 from $34 at Deutsche Bank Deutsche Bank analyst Brian Bedell raised the firm's price target on Robinhood to $35 from $34 and keeps a Buy rating on the shares. The firm says that a a conference today, Robinhood CFO Jason Warnick reviewed continued progress around a variety of growth initiatives, including higher crypto pricing, along with the company's philosophy around operating leverage and capital management. While much of the commentary was consistent with prior communication from management, Deutsche sees a few incremental comments that will support continued appreciation of the shares, the analyst tells investors in a research note. https://thefly.com - 3 days ago
Robinhood Markets, Inc. (HOOD) Wolfe Research Wealth Symposium (Transcript) Robinhood Markets, Inc. (NASDAQ:HOOD ) Wolfe Research Wealth Symposium November 13, 2024 11:45 AM ET Company Participants Jason Warnick - CFO Conference Call Participants Steven Chubak - Wolfe Research Steven Chubak All right. So good morning, everybody. seekingalpha.com - 3 days ago
Daffy Announces Robinhood Integration to Make Donating Crypto to Nearly Any Charity in the U.S. Seamless LOS ALTOS, Calif.--(BUSINESS WIRE)--Daffy.org, the modern platform for charitable giving, announces an integration with Robinhood. This innovative collaboration empowers Robinhood customers to effortlessly donate their crypto assets to nearly any U.S. charity through Daffy's modern donor-advised fund (DAF). Using Robinhood Connect, Robinhood customers can fund their Daffy accounts to make charitable donations with existing crypto in their Robinhood account, or by purchasing crypto with debit ca. businesswire.com - 3 days ago
Monster insider trading alert for Robinhood stock Malka Meyer, a director at Robinhood Markets, Inc. (NASDAQ: HOOD), recently sold a substantial portion of his holdings, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). finbold.com - 3 days ago
Bitcoin Melts Higher: 2 Stocks for Crypto Exposure A recent melt up in crypto has caught many eyes, with investors clamoring for exposure following the recent U.S. election. zacks.com - 4 days ago
Robinhood CEO Vlad Tenev on bitcoin rally: Market is reacting to the 'Trump pump' Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss impact of President-elect Trump's election victory on the crypto industry, crypto regulation under a second Trump term, the company's post-election rally, future of prediction markets, and more. youtube.com - 4 days ago
2 stocks set to benefit from post-election Bitcoin rally In the wake of Donald Trump's presidential victory, investor optimism has surged across the cryptocurrency market, driving notable gains in major crypto-related stocks. finbold.com - 4 days ago
Coinbase, Robinhood Stocks Fall. Why It's a Volatile Day for Crypto Shares. Crypto-exposed stocks were set for a volatile day Tuesday as Bitcoin fell from its overnight highs. barrons.com - 4 days ago
Bitcoin hits new record topping $88k for first time Meltem Demirors, Crucible Capital general partner, joins 'Fast Money' to discuss why Bitcoin is on its way to becoming a consensus trade and an institutional asset. youtube.com - 5 days ago
Tuesday's big stock stories: What's likely to move the market in the next trading session The postelection rally is charging ahead. Both the Dow and S&P 500 closed at record highs, while bitcoin logged eye-popping gains to trade above $88,000. cnbc.com - 5 days ago
Crypto-Related Investments Surge on Trump Win, MicroStrategy Buy The cryptocurrency euphoria that followed Donald Trump's victory in the U.S. presidential election continued Monday, with everything tied to the digital currency industry powering ahead. investopedia.com - 5 days ago
Robinhood Markets, Inc. Reports October 2024 Operating Data MENLO PARK, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2024: globenewswire.com - 5 days ago
8. Profile Summary

Robinhood Markets, Inc. HOOD

image
COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 28.6 B
Dividend Yield 0.00%
Description Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
Contact 85 Willow Road, Menlo Park, CA, 94025 https://robinhood.com
IPO Date July 29, 2021
Employees 2200
Officers Ms. Christina Y. Lai Esq. Vice President, Deputy General Counsel & Secretary Mr. Vladimir Tenev Co-Founder, President, Chief Executive Officer & Chairman of the Board Mr. Irvin Sha Head of Investor Relations & Capital Markets Ms. Mary Elizabeth Taylor Vice President & Head of External Affairs Mr. Baiju Prafulkumar Bhatt Co-Founder & Director Mr. Daniel M. Gallagher Jr. Chief Legal, Compliance & Corporate Affairs Officer Mr. Steven M. Quirk Chief Brokerage Officer