Robinhood’s Q4 Lobbying and Insider Trading Activity Raises Eyebrows
$60,000 of ROBINHOOD lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This lobbying focused on topics such as:
“Securities law reform.”
For more details on corporate lobbying, visit Quiver Quantitative.
Recent Insider Trading Patterns at HOOD
In the past six months, HOOD insiders executed 37 trades, all of which involved selling shares; no new purchases were made. Here’s how the trading activity breaks down:
- VLADIMIR TENEV (CEO) conducted 5 trades, selling 1,750,000 shares.
- DANIEL MARTIN JR. GALLAGHER (Chief Legal Officer) made 6 trades, selling 418,677 shares.
- JEFFREY TSVI PINNER (CTO) sold 5,876 shares in total.
- BAIJU BHATT traded 7 times, with 843,055 shares sold.
- MEYER MALKA made 10 trades, selling 10,244,413 shares.
- JASON WARNICK (CFO) executed 6 trades, selling 425,000 shares.
- STEVEN M. QUIRK (Chief Brokerage Officer) traded 2 times, selling 228,152 shares.
For more insights into insider transactions, you can check Quiver Quantitative’s insider trading dashboard.
Institutional Activity in HOOD Stock
In the latest quarter, 282 institutional investors increased their holdings of HOOD shares, while 192 investors reduced their positions.
Here are some notable changes from major institutional investors:
- VANGUARD GROUP INC increased their stake by adding 7,861,700 shares (+13.0%) in Q3 2024.
- INDEX VENTURE ASSOCIATES VI LTD decreased their position by removing 7,233,966 shares (-20.0%) in Q3 2024.
- CITADEL ADVISORS LLC made significant cuts, selling 4,137,961 shares (-97.4%) in Q3 2024.
- TWO SIGMA ADVISERS, LP also trimmed their portfolio by 3,904,300 shares (-26.8%) in Q3 2024.
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC made a large acquisition with an addition of 3,817,355 shares (+1211858.7%) in Q3 2024.
- JANE STREET GROUP, LLC reduced their holdings by 3,578,647 shares (-77.4%) in Q3 2024.
- AZORA CAPITAL LP increased their position with 3,406,481 shares added (+inf%) in Q3 2024.
To monitor hedge funds’ stock portfolios, visit Quiver Quantitative’s institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative’s disclaimers for more information.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
