Former House Speaker Nancy Pelosi has made significant trades in major technology stocks, including Apple, Nvidia, Amazon, and Alphabet, according to a recent Periodic Transaction Report filed on Monday. The report covers transactions made between mid-December 2024 and mid-January 2025.
Key Trades Overview
Apple Inc. (NASDAQ:AAPL)
Pelosi sold 31,600 shares of Apple common stock.
The sale, executed on the last trading day of 2024, was valued between $5 million and $25 million, marking her most substantial transaction over the past month.
Alphabet Inc. (NASDAQ:GOOGL) & Amazon.com Inc. (NASDAQ:AMZN)
Pelosi purchased 50 call options in each company.
Strike price: $150, with an expiration date of January 16, 2026.
Each transaction was valued between $250,001 and $500,000, and both occurred on January 14, 2025.
NVIDIA Corporation (NASDAQ:NVDA)
Pelosi sold 10,000 shares, with an estimated value between $1 million and $5 million.
She exercised 500 call options worth between $500,001 and $1 million.
Additionally, she purchased 50 call options with a strike price of $80, expiring on January 16, 2026.
Palo Alto Networks Inc. (NASDAQ:PANW)
Exercised 140 call options, valued between $1 million and $5 million.
Tempus AI Inc. (NASDAQ:TEM) & Vistra Energy Corp. (NYSE:VST)
Purchased 50 call options in each company.
Ethical Concerns and Transparency
Pelosi and her husband, Paul Pelosi, have long been active participants in the stock market. Critics argue that her position as a lawmaker could provide her with insider knowledge, giving her an unfair advantage in financial markets.
However, the 2012 STOCK Act (Stop Trading on Congressional Knowledge Act) prohibits lawmakers from using non-public information for personal gain. This law mandates that members of Congress and their families disclose stock transactions within 45 days to ensure transparency and accountability.
Market Implications
Pelosi’s trading activity in top technology firms may indicate confidence in the long-term potential of these companies. Investors often closely monitor such transactions to gauge potential market trends.
Conclusion
Pelosi’s recent stock trades highlight her continued engagement in financial markets, focusing on prominent tech firms. As always, these disclosures serve as an important reminder of the intersection between politics and finance, raising questions about ethical standards and regulatory oversight in congressional stock trading.