Robinhood Chief Brokerage Officer Quirk Steven M. Sells 40131 Shares at $104.71/Share.

Robinhood Markets, Inc., the parent company of the popular online brokerage platform, has disclosed that Steven M. Quirk, Chief Brokerage Officer, has recently engaged in a transaction involving the sale of 40,131 shares of the company's common stock. The shares were sold at a price of $104.71 per share on August 5, 2025.

Robinhood Markets, Inc., the parent company of the popular online brokerage platform, has disclosed that Steven M. Quirk, Chief Brokerage Officer, has recently engaged in a transaction involving the sale of 40,131 shares of the company's common stock. The shares were sold at a price of $104.71 per share on August 5, 2025.

This transaction follows a series of significant insider sales and financial results reported by the company. On July 30, 2025, Robinhood Markets reported impressive financial results for the second quarter of the year. The company's net revenue jumped 45% year-over-year (YoY) to $989 million, net income grew 105% YoY to $386 million, and diluted earnings per share (EPS) jumped by a surprising 100% YoY to $0.42 [1].

However, President Donald Trump's tariff announcement the next day dampened the spirit of the market as the HOOD stock plunged 3% on Aug. 1. As the stock recovered by 6% on Aug. 4, ARK Invest offloaded 12,613 shares [1].

The latest insider sale by Quirk is part of a trend of insider activity. On August 1, 2025, Daniel Martin Gallagher, Jr., an insider, sold 225,000 shares of Robinhood Markets for a total of $22,493,250, resulting in a 27.54% decrease in his position [2]. Additionally, Baiju Bhatt, a director at Robinhood Markets, sold 1,578,939 shares of the company's stock on August 5, 2025, for a total value of $157,858,440 [3].

Despite these insider sales, Robinhood Markets continues to attract significant investment. Whipplewood Advisors LLC, Hantz Financial Services Inc., Hemington Wealth Management, Wayfinding Financial LLC, and CoreCap Advisors LLC have all recently increased their stakes in the company [2].

The company's strong financial performance and growth prospects have led several research analysts to upgrade their ratings. Cantor Fitzgerald, Deutsche Bank Aktiengesellschaft, Barclays, Keefe, Bruyette & Woods, and Needham & Company LLC have all raised their price targets on Robinhood Markets shares [2].

Robinhood Markets' platform offers a range of services, including cryptocurrency trading, dividend reinvestment, fraud detection, derivatives, fractional shares, recurring investments, and more. The company's vertically integrated platform has enabled the introduction of new products and services, contributing to its growth and success.

References:
[1] https://www.thestreet.com/crypto/markets/cathie-wood-dumps-1-4m-in-robinhood-to-buy-top-ai-stock
[2] https://www.marketbeat.com/instant-alerts/robinhood-markets-inc-nasdaqhood-insider-sells-2249325000-in-stock-2025-08-05/
[3] https://www.benzinga.com/insights/news/25/08/46905821/robinhood-markets-director-sold-157-86m-in-company-stock