Robinhood Rises to 12th in Trading Volume Amid Earnings Surge and Insider Selling

Robinhood Markets (HOOD) rose 0.74% on August 18, 2025, with a trading volume of $4.02 billion, ranking 12th in the market. The stock’s performance reflects a mix of regulatory pressures, earnings momentum, and insider activity. Despite a recent intraday decline of 3.07%, the price stabilized ahead of broader market volatility.

Robinhood’s Q2 earnings exceeded expectations, with revenue up 45% year-over-year, but crypto’s contribution fell to 27% from 35% in 2024. Regulatory investigations into crypto trading costs and rising margin balances—up 111% year-over-year—heightened investor caution. Insiders sold 4.6 million shares in the last 90 days, including CEO Vladimir Tenev’s 385,485 shares in July. These factors weighed on sentiment despite earnings resilience.

Technical indicators show mixed signals: RSI at 58.92 suggests neutrality, while the 200-day moving average ($57.60) remains far below the current price. Key support levels at $105.29 and $97.63 are critical for near-term stability. Options activity highlights bearish sentiment, with high-IV calls like HOOD20250822C114 and HOOD20250822C115 attracting attention. Both contracts face rapid time decay, making them speculative plays on short-term rebounds.

Backtest data indicates HOOD has historically recovered after intraday declines of -3% or more. The 3-Day win rate stands at 50.93%, rising to 52.37% over 30 days, with a maximum gain of 9.46% in that period. This suggests the stock may retain momentum if it holds above $105.29. However, regulatory risks and insider selling remain key uncertainties for the near term.