Robinhood Markets (HOOD): $82.47
Market Cap: $74.26B
Enterprise Value: $82.64B
Last week turned up a fascinating list of insider purchases at companies we have covered in the past across articles and our podcast. If I had to pick a company to discuss this week, it would have been Robinhood Markets (HOOD) on account of Director Meyer Malka’s $35 million purchase last week. He purchased these shares earlier in the week, before the nearly 7% drop in the stock last Friday. A lot of momentum stocks lost steam last week and the volatility index (VIX) spiked nearly 40% in a single day.
Robinhood vs. Schwab
When looking at Robinhood I was shocked that the company’s market cap of $74.26 billion is nearly half that of Schwab’s (SCHW) $154.50 billion. To put this in perspective, Schwab had $12.61 trillion in total client assets in April 2026 compared to $345 billion for Robinhood. The comparison however ends there because Robinhood has a large crypto trading business and is now venturing into prediction markets that are currently dominated by Polymarket and Kalshi. In contrast, Schwab has a massive advisory business and, after its acquisition of Ameritrade, a platform that independent advisors often use. When it comes to trading, Schwab handles only about twice as many trades as Robinhood.