Robinhood CFO Sells $411K in Stock as Shares Fall 33% YTD
Robinhood’s chief financial officer, Shiv Verma, executed a $411,000 sale of company stock this week under a pre-arranged 10b5-1 trading plan, according to filings. The move comes while HOOD shares sit about 33% below their value at the start of the year, a drop that has kept investor attention on management activity and platform performance.
While 10b5-1 sales are often scheduled in advance and are not proof of management sentiment, the timing is notable amid the pullback. Analysts still carry an average price target of $121.71, suggesting Wall Street isn’t uniformly bearish, but the insider sale and year-to-date decline may weigh on short-term market confidence for a company that remains a key retail gateway to crypto and equities.