Representative Marjorie Taylor Greene, or her portfolio manager, has added a new name to her already active trading history.
According to new disclosures reviewed by Finbold on June 19, Greene reported a first-time purchase of Snowflake Inc. (NYSE: SNOW) on June 6, buying between $1,001 and $15,000 worth of shares when the stock was trading at $210.84.
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As of the market close on June 18, SNOW ended the day at $212.08, up 1.26%, putting her position roughly 0.85% in the green. While the return is modest, it’s noteworthy given how closely this trade followed a short-term bottom and coincided with renewed institutional interest in the stock.
More interestingly, this is the first time Greene has ever reported a trade in Snowflake, a data warehousing company deeply embedded in the enterprise AI boom. The purchase comes at a time when Snowflake is up nearly 35% year-to-date.
On the same day, Greene also reported purchases in several other tech and healthcare names Adobe, Netflix, Gilead Sciences, ServiceNow, NextEra Energy, and Applied Materials.
