Robinhood

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<a href="https://www.thestreet.com/crypto/investing/robinhood-stock-jumps-7-on-1-5-billion-share-buyback-news" rel="noopener noreferrer nofollow">Robinhood Markets, Inc.</a> (Nasdaq: HOOD) is an&nbsp;e-trading platform founded by&nbsp;Stanford classmates Vladimir Tenev and Baiju Bhatt in&nbsp;April 2013.
The exchange has gained immense popularity among traders over the years due to its commission-free offerings of stocks, options, and cryptocurrencies.
The company introduced commission-free crypto trading in February 2018, which increased significant user engagement.&nbsp;
The brokerage firm, which made its public debut on Nasdaq in July 2021,&nbsp;<a href="https://www.thestreet.com/crypto/investing/robinhood-jumps-6-on-s-p-500" rel="noopener noreferrer nofollow">joined</a>&nbsp;the much-coveted S&amp;P 500 benchmark in September 2025.
<a href="https://www.thestreet.com/crypto/markets/oils-favorite-exchange-just-beat-robinhood" rel="noopener noreferrer nofollow">Related: Oil's favorite exchange just beat Robinhood</a>
<h2 id="robinhood-stock-falls-30-in-2026">Robinhood stock falls 30% in 2026</h2>
When Robinhood&nbsp;<a href="https://www.thestreet.com/crypto/markets/robinhood-earnings-miss-wall-street-estimates" rel="noopener noreferrer nofollow">reported</a>&nbsp;the earnings for the first quarter of 2026 last month,&nbsp;the company posted&nbsp;$1.07 billion in revenue and&nbsp;$0.38 in&nbsp;diluted earnings per share (EPS).
The company failed to meet Wall Street estimates as analysts expected it to generate $0.39 in EPS and $1.139 billion in revenue.
Jim Cramer <a href="https://www.thestreet.com/crypto/markets/jim-cramer-questions-robinhoods-priorities-on-earnings-miss" rel="noopener noreferrer nofollow">criticized</a> the company for its diverse suite of products, questioning what its "real priorities" are.
Though the company's stock has risen more than 90% in the past five years, it has declined 35% in value this year as part of the broader crypto market downturn.
<h3 id="trending-on-thestreet-roundtable">Trending on TheStreet Roundtable:</h3>
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 <li><a href="https://www.thestreet.com/crypto/markets/cathie-wood-buys-stock-despite-its-drop-to-new-low" rel="noopener noreferrer nofollow">Cathie Wood buys stock despite its drop to new low</a></li>
 <li><a href="https://www.thestreet.com/crypto/policy/secs-surprising-move-this-week-could-transform-stock-trading" rel="noopener noreferrer nofollow">SEC's surprising move this week could transform stock trading</a></li>
</ul>
<h2 id="cfo-shiv-verma-sells-company-shares">CFO Shiv Verma sells company shares</h2>
Amid these circumstances, Robinhood CFO&nbsp;Shiv Verma <a href="https://www.sec.gov/Archives/edgar/data/1783879/000210858926000012/xslF345X06/wk-form4_1779222677.xml" rel="noopener noreferrer nofollow">disclosed</a> in a Form 4 filing with the&nbsp;Securities and Exchange Commission (SEC) that he sold the company's shares worth $420,535.73 on May 15.
Verma executed the sale of the shares&nbsp;pursuant to a&nbsp;pre-arranged&nbsp;Rule 10b5-1 trading plan:
<ul>
 <li>3,686 shares worth&nbsp;$284,298.23, priced at $77.1292 a piece</li>
 <li>1,750 shares worth&nbsp;$136,237.50, priced at $77.85 a piece</li>
</ul>
Following the sale of these shares before the weekend,&nbsp;Verma&nbsp;still held&nbsp;47,311 Robinhood shares.
Insider selling is a standard market practice in which a company executive or a major shareholder legally sells shares of their own company in the open market.
These transactions are required to be disclosed to the SEC, which publicly reports the stock sale price, number of shares, and date when the executive made the sale.
Investors often tend to see insider selling as an indication of low confidence in the company's prospects because the executives are selling their own shares.&nbsp;But executives may also sell their shares for diversification, taxes, or other requirements. So, insider selling doesn't necessarily indicate negative sentiment.
The HOOD stock was exchanging hands at $73.64 at the time of writing.
<a href="https://www.thestreet.com/crypto/markets/91-year-old-wall-street-bank-to-challenge-coinbase-robinhood" rel="noopener noreferrer nofollow">Related: 91-year-old Wall Street bank to challenge Coinbase, Robinhood</a>

Robinhood CFO sells shares amid market downturn

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