New York, Jan 8, 2026, 18:57 ET — Market open for after-hours trading
- Robinhood shares down 1.4% after the bell as filings showed top executives sold stock under pre-set plans
- Traders eye Friday’s U.S. jobs report for rate signals that can jolt high-beta broker stocks
- Next company catalyst: Robinhood’s Feb. 10 quarterly results and management call
Robinhood Markets Inc (HOOD) shares dipped 1.4% to $115.39 in after-hours trading on Thursday. The move followed filings dated Jan. 7 revealing that CEO Vlad Tenev offloaded 375,000 shares, roughly $45.6 million worth. During the regular session, the stock swung between $113.90 and $117.30. SEC
Based in Menlo Park, California, this broker offers a sharp snapshot of retail trading and risk appetite, easily shaking market sentiment. Insider selling tends to stand out more after a big stock rally, especially when investors start hunting for signs of weakness.
A Mizuho survey this week found investors remain attracted to fintech, though their confidence dims when it comes to crypto-linked stocks. “Both retail and institutional investors lean bullish on Fintech,” analyst Dan Dolev wrote.
The filings revealed the sales occurred under Rule 10b5-1 plans, allowing insiders to prearrange trades and sidestep claims of acting on nonpublic information. After the sale, Tenev reported owning roughly 49.0 million Class B shares; the filings also indicated Chief Legal Officer Daniel Martin Gallagher Jr and Chief Technology Officer Jeffrey Pinner maintained substantial stakes.
Crypto markets remained a steady drag. Bitcoin slipped roughly 0.2% on Thursday. Meanwhile, crypto exchange Coinbase (COIN) drifted slightly lower, and broker Interactive Brokers (IBKR) dropped around 1.7%.
Beyond company-specific headlines, the next session carries a key macro trigger. Friday’s U.S. employment report arrives at 8:30 a.m. ET and has the power to shift rate expectations sharply. Morgan Stanley economists noted, “A 4.6% would keep the Fed on track to cut in January,” following the Chicago Fed’s estimate of the December jobless rate at 4.6%. Reuters
But this can go both ways. Pre-arranged sales happen all the time and don’t always mean a shift in outlook. Yet, Robinhood’s results remain vulnerable if trading volumes drop or the market calms down.
Robinhood plans to release its fourth-quarter and full-year 2025 results on Feb. 10, right after the market closes. A management video call will follow at 5:00 p.m. ET. The company said shareholders can submit and upvote questions between Feb. 3 and Feb. 9. Globenewswire