TechFlow reported on June 10 that, according to a disclosure shared by Futurum Equities Chief Market Strategist Shay Boloor, Robinhood Markets, Inc. director Meyer Malka has increased his holdings of HOOD shares again. The latest purchase involved 250,000 shares at an approximate price of $81 per share, with the transaction valued at about $20 million.
After this additional purchase, Meyer Malka’s total holdings rose to 8 million HOOD shares. Over the past week, his cumulative purchases of HOOD stock have exceeded $50 million, according to the information cited in the report.
At the time the news was published, HOOD was trading at $89.36, up 6.67% on the day. The disclosed information focuses on the director’s recent share purchases, the updated holding size, and HOOD’s share price at publication.

