Trump stock jumps 50%: Is Marjorie Taylor Greene cashing in?

In recent months, Representative Marjorie Taylor Greene’s stock market activity has not lived up to the reputation of Congressional trades as highly lucrative – and possibly illegal.

One of her most high-profile buys – particularly given her political position – was the 2021 purchase of Digital World Acquisition Corp. (DWAC) shares. DWAC has since become Trump Media (NASDAQ: DJT), a company that has enjoyed a major rally in recent trading.

Specifically, DJT shares are up 49.26% in the latest five sessions and are 44.60% in the green cumulatively in the last 30 days. 

The rally came after a rather deep pullback following the most recent Trump-Harris debate. It resulted from a celebrity endorsement and what can be described as a power move.

Indeed, on October 5, the Republican candidate held a rally in Butler, Pennsylvania – the same town where the July 13 assassination attempt took place – and the crowd was galvanized further by Elon Musk’s appearance and endorsement of Trump.

Is Marjorie Taylor Greene cashing in?

Despite the positive momentum, Greene is unlikely to be cashing in on her DJT investments.

In fact, the stock rally did little to help move her toward profits as she purchased the shares on October 22, 2021, when they were trading somewhere between $92 and $94.

Considering DJT’s latest close placed the stock at $24.12, a further $70 upside would be required for Greene to be in the green. In total, the Representative lost up to $37,200 on the trade.

Still, there is some hope for the losses to diminish as DJT is still, at press time on October 11, inching higher and is up 3.98% in the pre-market.

MTG’s stock market success and failure

Finally, most of Greene’s other high-profile trades have offered, at best, middling performance. On June 24, the Representative purchased up to $15,000 worth of Crowdstrike (NASDAQ: CRWD) stock.

At the time, the shares were trading at $377.93, and CRWD price today stands at $314.92. 

Her two subsequent Crowdstrike trades fared somewhat better as they were made on September 3 – at approximately $266.80 – and September 20 – at about $299.85.

Still, one of Greene’s favored stocks has fared vastly better than most others. The Republican from Georgia reported three Nvidia (NASDAQ: NVDA) stock purchases: one in 2021 and two in 2024, all valued between $1,001 and $15,000.

The first of these stock buys is particularly impressive. On July 19, 2021, Greene spent about $18.74 per NVDA share – once the June 2024 split is accounted for – and, with Nvidia stock price today at $134.81 – she could be as much as $93,000 in the green.