Nancy Pelosi is one of the most renowned and effective stock traders on Capitol Hill.
Over the course of 2024, the California congresswoman’s portfolio secured an impressive 146.2% return — although that was hardly outside of the norm for her.
The former Speaker of the House tends to adopt a long-term, buy-and-hold approach — and most of her investments center around big tech. Provided that you get the timing right, copying Pelosi’s investments is generally advisable.
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Beyond a track record that includes stellar returns, the very news that the congresswoman has invested in a company tends to make its stock move to the upside. That effect is even more pronounced when the business in question has a smaller market capitalization.
Finbold’s congressional trading radar picked up an interesting investment made by Pelosi on January 14. As revealed in a periodic transaction report, the congresswoman invested between $50,001 and $100,000 in Tempus AI (NASDAQ: TEM). TEM stock immediately surged by 20% — since then, it has seen even greater gains.
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Tempus AI stock surges after Nancy Pelosi’s purchase
Pelosi invested between $50,000 and $100,000 in Tempus AI stock on January 14. At the time of her purchase, TEM stock was changing hands at a price of $31.83. On January 30, the price of a Tempus AI share closed at $57.19 — equating to a 79.67% surge. In the pre-market trading session on January 31, prices reached levels as high as $60.20 — extending the rally to 89.12%.
Accordingly, the congresswoman’s investment is now worth between $94,560 and $189,120, depending on the exact size of the trade. In other words, Pelosi profited $44,560 to $89,120 on her TEM stock investment.
Well, she would have profited that much — the Representative’s trade didn’t include the direct purchase of stocks. Rather, she spent $50,000 to $100,000 to acquire 50 call options on the stock, with a strike price of $20 and an expiration date of January 16, 2026.
With 50 calls, the congresswoman can purchase 5,000 TEM shares for a total of $100,000. At present, 5,000 units of Tempus AI stock are worth $301,000.
Once we subtract the price that would have to be paid to exercise the options contracts, we’re left with a figure of $201,000. Depending on the exact price the former Speaker paid for the calls, she could be in the green to the tune of anywhere from $101,000 to $151,000.
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