Insiders Buy Robinhood, Dump Dell

Ribbit Capital, a board-level venture firm at HOOD, filed this week showing it bought $20.2M in Robinhood shares on June 5. Director Meyer Malka filed an identical $20.2M purchase on the same day. That follows an earlier Ribbit buy of $15.1M on June 3. Combined, the board-linked investor added over $55M worth of stock in just days — a rare, aggressive cluster of conviction buying.

On the sell side, Silver Lake Group filed a massive exit from DELL. The private equity firm dumped over $442M in Dell shares between June 2 and June 5. A related entity, SL SPV-2, added another $34M in sales. The filings appeared June 4 and June 9. Silver Lake holds board representation at Dell — making this a notable insider disposal at the $400 price level.

CRWD Chairman Gerhard Watzinger filed a $5.25M sale on June 9, selling 7,500 shares at $700 each. Independent director Denis O'Leary also filed multiple sales totalling over $8M around the same date.

Mexican billionaire Carlos Slim filed two sales in PBF Energy totalling roughly $14M this week, trimming his 10%+ stake in the US refiner.

This article is for informational purposes only and does not constitute financial advice.