Robinhood (HOOD) Stock Falls 20% From Highs as Director Cashes Out $5.6 Million
The post Robinhood (HOOD) Stock Falls 20% From Highs as Director Cashes Out $5.6 Million appeared on BitcoinEthereumNews.com.
TLDR Robinhood director Jonathan Rubinstein sold 42,430 shares worth $5.6 million on November 11, 2025, through transactions ranging from $131.76 to $134.37 per share. The sales were executed under a Rule 10b5-1 trading plan established by The Jonathan J. Rubinstein Trust in August 2025. Robinhood stock has surged 316% over the past year, currently trading at $120.92 near its 52-week high of $153.86. The company reported record Q3 2025 results with 100% year-over-year revenue growth, beating analyst expectations with $1.27 billion in revenue and $0.61 EPS. Multiple analyst firms raised price targets, ranging from $135 to $180, following the strong earnings report and success of new features like Prediction Markets. Robinhood Markets director Jonathan Rubinstein sold $5.6 million worth of company stock on November 11, 2025. The transaction involved 42,430 shares of Class A Common Stock through The Jonathan J. Rubinstein Trust. The sales occurred across four separate transactions. The first sale moved 23,796 shares at an average price of $131.76. The second transaction covered 12,834 shares at $132.56 per share. Robinhood Markets, Inc., HOOD The third sale involved 4,900 shares at $133.52. The final transaction sold 900 shares at $134.37 per share. All sales were executed under a Rule 10b5-1 trading plan that the trust adopted on August 4, 2025. After completing these sales, the trust maintains ownership of 146,678 Robinhood shares. The stock has experienced a massive 316% return over the past year. Shares currently trade at $120.92, close to the 52-week high of $153.86. The timing of the sale comes after Robinhood reported record third quarter results for 2025. The company posted revenue of $1.27 billion, beating analyst estimates. Earnings per share reached $0.61, exceeding expectations. Strong Quarterly Performance Drives Analyst Optimism Revenue grew 100% year-over-year in the third quarter. This growth came from strength across all…
Filed under: News - @ November 14, 2025 3:30 pm