On October 8, less than a month after disclosing more than 1,100 stock market trades, President Donald Trump – or his team – made another regulatory filing containing over 500 additional equity transactions.
By far the biggest purchase – reported as taking place on August 21 – involved up to $25 million worth of Meta Platforms (NASDAQ: META) stock. Notably, this investment is also one of the President’s most lucrative recent trades.
At the time of the purchase, META shares were changing hands at $549.90, while at press time, they are at $718.40, meaning the commander-in-chief recorded a profit of up to $7.66 million.
These are President Trump’s biggest buys and sales revealed in October
Some of the other large transactions – both disclosed and made on the same day as Meta Platforms – were the sales of Advanced Micro Devices (NASDAQ: AMD) and Church & Dwight Co Inc (NYSE: CHD), both reported at up to $5 million.
The August 17 sale of Modine Manufacturing Co (NYSE: MOD) was just as large, with President Trump selling up to $5 million worth of the equity.
On the bullish side, the billionaire Republic made no fewer than eight stock purchases disclosed at up to $5 million.
These include the equity of Chevron (NYSE: CVX), Netflix (NASDAQ: NFLX), Abbott Laboratories (NYSE: ABT), ConocoPhillips (NYSE: COP), AT&T (NYSE: T), Comcast (NASDAQ: CMCSA), Microsoft (NASDAQ: MSFT), and McDonald’s Corp (NYSE: MCD).
Here’s President Trump’s most profitable trade disclosed on October 8
Lastly, the relatively small investment in Everpure (NYSE: P) – reported as worth up to $50,000 – appears to be the most profitable among the trades revealed on October 8.
Indeed, P shares were changing hands at $93.40 on August 28 – the time of President Donald Trump’s purchase – and are, at press time on October 9, 62.5% higher at $151.39.
Everpure is a technology company that was originally focused on developing all-flash data storage hardware and software but has since expanded into various data management services.
Featured image via Shutterstock
