Director Payne Reports a $2 Million $HOOD Purchase

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Robinhood Markets $HOOD – Board member Christopher Payne – who joined in December – filed a $2 million buy, the first Form 4 we’ve seen in years.

When someone close to the company steps up like that, especially after such a long drought, it gets our attention.

Here’s The Hot Corner, with data from June 17, 2025:

Click the table to enlarge it.

📌 Mach Natural Resources $MNR – William W. McMullen just dropped $4.1 million into this oil and gas name. That’s a sizable buy, and it comes right as energy stocks have been catching a bid.

📌 ConocoPhillips $COP – Director Kirk Johnson revealed a purchase of 5,300 shares, equivalent to $499,472.

📌 Bausch Health $BHC – John Paulson is back, this time with a $21.17 million buy.

This marks his second massive purchase in just a few days. Paulson clearly sees serious value in this stock which has lost over 90% off its all-time highs in 2015 – and he’s not being subtle about it.