undamentalytics Newsletter

Robinhood Markets insider trading

Every open-market purchase and sale by Robinhood Markets's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Robinhood Markets insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Robinhood Markets’s insiders pay?

From July 30, 2021 to October 30, 2026, 16 insiders reported 4 open-market purchases and 41 sales not made under a pre-set plan in Robinhood Markets. Twelve months after each purchase was reported, the shares were +8.6% against the S&P 500 on average (median +8.6%), over 1 purchase with a full year of prices; 100% beat the index. After sales, the shares moved +30.3% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on June 18, 2025 into $10,701 by November 2, 2026, +5.1% a year. It held shares 100% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $12,872 (+20.3% a year), and held throughout $12,872 (+20.3%).

$0$10.0k$20.0k 20252026 $12.9k$12.9k$10.7k
Copying Robinhood Markets's insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Robinhood Markets's insiders from June 18, 2025, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 100% of the time.
Robinhood Markets: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Gallagher Daniel Martin Jr Chief Legal Officer 0 — — 8 +84.4% (8) August 5, 2025
Malka Meyer Director 3 — — 4 +109.1% (4) June 9, 2026
Warnick Jason Chief Financial Officer 0 — — 6 +74.4% (6) August 19, 2025
Bhatt Baiju Chief Creative Officer 0 — — 3 −52.7% (2) November 10, 2025
Chennapragada Aparna Chief Product Officer 0 — — 3 −75.6% (3) August 6, 2021
Sandell Scott D Director 0 — — 3 −17.1% (3) May 16, 2022
Florence Anthony A. JR. Director 0 — — 2 −16.2% (2) May 4, 2022
Howard Gretchen Chief Operating Officer 0 — — 2 −75.2% (2) August 3, 2021
Makhzoumi Mohamad Director 0 — — 2 −16.2% (2) May 4, 2022
Quirk Steven M. Chief Brokerage Officer 0 — — 2 +200.6% (2) December 3, 2024
Tenev Vladimir Chief Executive Officer 0 — — 2 −43.1% (2) September 16, 2025
Baskett Forest Director 0 — — 1 −15.0% (1) February 1, 2022
Payne Christopher D Director 1 +8.6% (1) 100% 0 — June 17, 2025
Robinhood Markets, Inc. 10% owner 0 — — 1 — October 30, 2026
Smedley Christina Chief Marketing Officer 0 — — 1 −70.1% (1) July 30, 2021
Yucca (jersey) Slp 10% owner 0 — — 1 −6.5% (1) August 9, 2022

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Robinhood Markets

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Robinhood Markets in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After 4 selling crowds, −6.6%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
August 29, 20253 selling+17.3%−33.0%−19.9%
November 29, 20243 selling+31.1%+93.0%+241.1%
February 28, 20224 selling−9.0%−14.8%−10.9%
August 31, 20217 selling−42.7%−71.7%−67.2%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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