Chief Legal Officer Gallagher Daniel Martin Jr sold 12,500 shares of Robinhood Markets Inc (HOOD, Financial) on February 5, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 215,021 shares of the company and has not made any purchases of the stock.
Robinhood Markets Inc operates as a financial services company, providing a platform for users to invest in stocks, ETFs, options, and cryptocurrencies. The company has been known for its mobile app and website that offer people the ability to invest in public companies and exchange-traded products without paying a commission.
The insider transaction history at Robinhood Markets Inc indicates a trend of more insider selling than buying over the past year. There have been 48 insider sells and no insider buys during this period.
On the date of the insider's most recent transaction, shares of Robinhood Markets Inc were trading at $10.61 each, giving the company a market capitalization of approximately $9.51 billion.
The data provided reflects the transactions of the insider and does not necessarily indicate the company's performance or stock valuation. Investors often look at insider selling and buying patterns as one of many indicators that can inform investment decisions.
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.
