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Big Buying in Robinhood, Perpetua, Nuvation

June 22, 2025

Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and this week, one of the hottest stocks in the market joined our Hot Corner universe.

Here’s the most notable activity:

The most significant insider buy this week came from Robinhood $HOOD, where board member Christopher Payne made a $2 million open-market purchase — the first insider buy since 2021. 

We wrote more about the purchase and outlined a trade in the stock which you can read here.

Perpetua Resources $PPTA is another one that stands out.

Paulson & Co. just filed a Form 4 showing a $100 million purchase — bringing their ownership to 45.2%.

Over at Nuvation Bio $NUVB, five top executives — including the CEO, CFO, and CRO — stepped in with buys at the same time, totaling $1.1 million.

You don’t see that often. But when you do, it’s a clear signal that leadership is standing behind the business.

Finally, we got a political disclosure from Rep. Tim Moore, who bought Super Micro Computer $SMCI in the $15,001–$50,000 range.

I actually love the short-term setup in SMCI right now. We bought calls in Breakout Multiplier this week.

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Happy Sunday. 

Steve