The last time Nancy Pelosi disclosed that her husband traded for a loss was in July, when Paul Pelosi sold $25,000 shares of NVIDIA stock for a loss of $341,365.īiden signed the CHIPS and Science Act of 2022 with a goal of strengthening 'American manufacturing, supply chains, and national security, and invest in research and development, science and technology, and the workforce of the future to keep the United States the leader in the industries of tomorrow, including nanotechnology, clean energy, quantum computing, and artificial intelligence. Selling at an average price of US212, which is higher than the current price might have been the right call as holding on to stock would have meant their investment would be. The disclosure of a financial loss is notable as Nancy Pelosi - or any member of Congress - rarely volunteers that level of detail about stock trades by themselves or their spouses. At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. NVIDIA Corporations (NASDAQ:NVDA) stock rose 6.1 last week, but insiders who sold US156m worth of stock over the last year are probably in a more advantageous position. That same day, he also sold 100 call options (10,000 shares) of Micron Technology at a price of $1.84 per share and a total loss of $392,575.

Since September 2012, Tesla has seen its share price skyrocket more than 13,600, meaning an initial investment of 5,000 back then would be worth 687,000 today. On September 16, Paul Pelosi sold 50 call options (5,000 shares) of NVIDIA at a strike price of $26.86 per share, for a loss of $361,476. Tesla (NASDAQ: TSLA) and Nvidia (NASDAQ: NVDA) illustrate that point perfectly.

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