Skip to content

Here’s how much Marjorie Taylor Greene is down on her 4 recent stock bets

Here's how much Marjorie Taylor Greene is down on her 4 recent stock bets
Paul L.
Stocks

United States representative from Georgia Marjorie Taylor Greene is among the most active stock traders in Congress, with recent data suggesting she might be mimicking her colleague from California, Nancy Pelosi.

Notably, Greene has escalated her purchases recently as Congressional involvement in the stock market continues to raise concerns about the possibility of leveraging insider information.

However, since making her trades, the outcomes haven’t worked in favor of the lawmaker, as she continues to be in the red. In this context, an analysis of the lawmaker’s four recent recent buys has returned an average loss of about 23%. Below are the returns from her recent purchases:

CrowdStrike (NASDAQ: CRWD) 

One of her recent purchases in the cybersecurity company CrowdStrike (NASDAQ: CRWD) has seen the politician lose 34% since adding the equity to her portfolio. In the June 24, 2024 transaction, Greene spent between $6,006 and $90,000. 

Indeed, the transaction raised a question of conflict of interest, considering that the company is helping the Department of Defense manage cybersecurity operations. At the same time, Greene is a member of a House subcommittee overseeing the technology industry.

Although CrowdStrike has recently traded in tandem with the overall market, the stock’s trajectory was heavily impacted after the company experienced a major global IT outage that grounded most operations. This aspect has partly contributed to Greene’s losses. 

CRWD was trading at $248 at press time, gaining by almost 1% in the last 24 hours.

CRWD 24-hour stock price chart. Source: Finbold

ASML Holdings (NASDAQ: ASML) 

Greene also invested in ASML(NASDAQ: ASML), possibly banking on the company’s involvement in the booming semiconductor sector. Notably, the June 24 transaction saw the politician spending between $1,001 and $15,000.

ASML creates semiconductors, and interest in the equity is largely due to its extreme ultraviolet lithography systems, which are leveraged in making leading-edge nodes. Since her purchase, the stock has dropped 25%, trading at $779 at press time. In 2024, the equity has gained by almost 5%.

ASML 24-hour stock price chart. Source: Finbold

Nvidia (NASDAQ: NVDA)

Following significant returns for representatives like Pelosi, Greene invested in the semiconductor giant Nvidia (NASDAQ: NVDA). Notably, Nvidia’s venture into the artificial intelligence  (AI) space saw the stock rally almost 130% in 2024.

However, her purchase has not coincided with a period of bullishness for NVDA. In recent weeks, Nvidia has suffered notable losses mainly triggered by economic health concerns. Since her purchase on August 22, NVDA has dropped by 15.88%. Indeed, this is among the purchases by Greene that raised questions about whether she was copy-trading Pelosi.

In addition to the economic outlook, Nvidia continues to be weighed down by other factors, such as a possible antitrust investigation by the United States government. 

NVDA was trading at $112 at press time, rallying over 2% in the last 24 hours.

NVDA 24-hour stock price chart. Source: Finbold

Applied Materials (NASDAQ: AMAT)

Lastly, the politician is also in the red on her stake in semiconductor supplier Applied Materials (NASDAQ: AMAT), which has dropped by 18% since she purchased the stock on July 25. 

It’s worth noting that AMAT has seen recent investor interest due to the company’s core business of developing and manufacturing systems required to produce semiconductors, including those designed for AI applications. 

Notably, this business accounted for about 74% of the firm’s overall revenue in the second quarter of 2024.

At the time of reporting, AMAT was trading at $181 with daily gains of almost 1%. On a year-to-date basis, the equity is up 16%.

AMAT 24-hour stock price chart. Source: Finbold

In summary, considering the significant amounts politicians earn from stock trading, whether Greene will follow the trend remains to be seen. Only time will tell, considering the recent purchases coincide with heavy market volatility.

Buy stocks now with eToro – trusted and advanced investment platform


Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Paul L.
Stocks

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.