Robinhood director Meyer Malka, the managing partner of a venture capital firm, snaps up 431,000 shares.
A Robinhood Markets director poured about $35 million into the company’s stock last week, buying up shares through a venture fund just as the online brokerage’s recent rally began to cool.
A securities filing shows director Meyer Malka bought 250,000 shares on June 5 at prices ranging from $80.07 to $81, or roughly $20 million in total. It wasn’t his only purchase that week; two days earlier, Malka snapped up 181,000 shares for $15 million, or $83.24 to $83.63 apiece.
The purchases were made through Bullfrog Capital, L.P., a venture capital fund associated with Malka. A disclaimer in the filing clarifies that the shares aren’t Malka’s personally, and that he doesn’t profit from them aside from whatever cut he may have as an investor in the fund.
Bullfrog Capital, L.P. is managed by Ribbit Capital, a Silicon Valley-based venture capital firm where Malka serves as managing partner.
As of June 5, Malka owned four million shares indirectly through various trusts and a holding vehicle for which he serves as an investment manager. He held just 1,812 shares directly, which were valued at $151,791 based on Tuesday’s closing price of $83.77.
The transactions occurred as Robinhood was beginning to come down from a dayslong surge at the end of May that briefly pushed shares above $90. That momentum was partly fueled by the launch of the Treasury Department’s Trump Account app, which was designed in partnership with Robinhood.
Robinhood stock got another lift on June 4, riding a rally in the S&P 500’s financial sector, which posted its biggest single-day gain since April 2025. Beyond broader sector trends, the stock often moves in tandem with Bitcoin and other cryptocurrencies, which drive a significant portion of its total transaction-based revenue.
Inside Scoop is a regular Barron’s feature covering stock transactions by corporate executives and board members—so-called insiders—as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.
Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com