On May 20, 2026, Baiju Bhatt, a director at Robinhood Markets, Inc. (NASDAQ:HOOD), sold 67,422 shares of the company's Class A Common Stock for approximately $5.08 million. The shares were sold at prices between $73.81 and $76.28, while the stock is currently trading at $73.63, leading to a market capitalization of $66.2 billion. This sale was executed under a Rule 10b5-1 trading plan established on November 13, 2025, and resulted in the Baiju Bhatt Living Trust no longer holding Class A shares from these transactions. Despite the stock's 31% decline over the past six months, Robinhood's customer base has expanded to 27.6 million funded accounts, a year-over-year increase of 1.65 million. The company's total platform assets rose to $345 billion, with net deposits for April totaling $6.0 billion. Deutsche Bank has reiterated its Buy rating for Robinhood, maintaining a price target of $86.00. Additionally, Bhatt's space startup, Cowboy Space Corp., recently raised $275 million in funding, valuing it at $2 billion.