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Nancy Pelosi sells Apple, Nvidia stock; Buys Alphabet, Amazon calls, filing shows

Investing.com– Former House Speaker Nancy Pelosi made big trades in several major technology stocks, including Apple, Nvidia, Amazon and Alphabet, between mid-December and mid-January, a filing showed on Monday.

Pelosi- who currently represents California’s 11th congressional district- sold 31,600 shares of Apple Inc (NASDAQ:AAPL) common stock for between $5 million and $25 million on the last trading day of 2024, by far her biggest trade over the past month, a Periodic Transaction (JO:TCPJ) Report showed.

She also purchased 50 call options with a strike price of $150 and an expiration date of January 16, 2026, in Alphabet Inc Class A (NASDAQ:GOOGL) stock and Amazon.com Inc (NASDAQ:AMZN), respectively. Both purchases were valued between $250,001 and $500,000, and occurred on Jan 14 2025.

Pelosi sold 10,000 shares of NVIDIA Corporation (NASDAQ:NVDA) common stock for $1 million to $5 million. She also exercised 500 call options on Nvidia worth between $500,001 to $1 million, and purchased 50 call options in the chipmaker with a strike price of $80 and an expiration date of Jan 16, 2026.

Among other transactions, Pelosi exercised 140 call options in Palo Alto Networks Inc (NASDAQ:PANW) worth $1 million to $5 million, and purchased 50 call options in Tempus AI Inc (NASDAQ:TEM).

Pelosi also purchased 50 call options in Vistra Energy Corp (NYSE:VST).

Pelosi, and her husband Paul Pelosi, have been largely active in equity markets, with critics arguing that her status as a lawmaker gives her an edge.

A 2012 law makes it illegal for lawmakers to use their knowledge from Congress for personal gain, and requires them or family members to disclose stock transactions within 45 days.

Data from analytics firm Unusual Whales, which tracks Congressional trading activity, shows Pelosi’s portfolio jumped 70.9% in 2024, vastly outperforming a 25% rise in the S&P 500.

But Pelosi was far from the most successful trading member of Congress. Representative David Rouzer, of North Carolina’s 7th district, saw his portfolio jump 140% last year.

Unusual Whales also has exchange-traded funds that track the trading activities of Democratic and Republican lawmakers- NANC and KRUZ.

This post appeared first on investing.com
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