Did Nancy Pelosi Sell Nvidia Stock Weeks Before Price Drop? What Records Show

Newsweek ^ | 1/29 | Robert Thorpe

[nickcarraway]

Recent financial disclosures have reignited the conversation about stock trading by lawmakers, particularly surrounding former House Speaker Nancy Pelosi's public disclosures regarding Nvidia stock transactions.

Why It Matters

Nvidia, known as one of the best tech stocks, recently experienced a significant drop, losing over 15 percent of its value in a single day. This decline, resulting in more than $500 billion reduction in market capitalization was one of the largest single-day losses in stock market history and triggered by concerns about competition from the Chinese AI startup DeepSeek.

Pelosi's disclosures regarding a sale of Nvidia stock—a major player among AI stocks—just weeks before its price drop has sparked questions about timing and transparency.

The financial decisions made by lawmakers and their families could influence public trust and reveal possible conflicts of interest. To address these concerns, prominent members of Congress, including Representative Alexandria Ocasio-Cortez and Senator Josh Hawley, have advocated for banning individual stock trading by lawmakers and their families.

What To Know

Pelosi's ability to outperform the market has made her a focal point for many investors looking to emulate her success. Her and her husband's trading activity is closely monitored by retail investors and platforms like Autopilot and Unusual Whales, which allow users to replicate investment strategies.

Lawmakers' trades are governed by the Stop Trading on Congressional Knowledge (STOCK) Act, which mandates disclosure but doesn't prevent trading activity altogether. In late 2024, her financial disclosures revealed several notable transactions involving the purchasing and selling of Nvidia shares.

[AnotherUnixGeek]

Nvidia, known as one of the best tech stocks, recently experienced a significant drop, losing over 15 percent of its value in a single day.

Buying opportunity - and I bought on the dip.

[Sertorius]

Now now, it is well known that her husband is the one that buys/sells stocks. Leave Nancy alone/sarc.

[Responsibility2nd]

Nancy Pelosi’s Husband Sold a Boatload of Nvidia Stock Right Before It Was Eviscerated by Chinese Startup

https://futurism.com/nancy-pelosis-husband-sold-nvidia-stocks-before-crash-chinese-ai

Nothing wrong with insider trading, right?

[dp0622]

It was a HUGE buying opportunity at 240 too a few months back :)

And AMD was a HUGE buy opportunity about 30 dollars higher ago.

Buying the DIP...don’t look for praise until it’s at least a few months from the “dip” :)

[nickcarraway]

Nothing wrong with insider trading, right?

Well, it is unethical, but it is not a crime, because the law is that Congress can do all the insider trading they want, and it's legal.

[Libloather]

She gets Sosha Security on top of all this?

[frank ballenger]

Nancy and her hubby have that amazing, stupendous luck of buying and selling just before government actions that affect their personal investment portfolios. Just lucky.

[Karl Spooner]

This should clue you in on the US chip business, particularly Ai. Maybe Nancy watches this channel channel. He has a video specifically on Nvidial’s future about 6 months ago, too.

https://youtu.be/yEkAdyoZnj0?si=HcBhoyMcXQC5t1dW

[Alvin Diogenes]

I think this is nothing like the headline implies.

According to the article, she sold shares of NVDA but then turned around and bought calls (highly leveraged LEAPs expiring in a year). This was all before the recent decline.

If she was going to act based on her knowledge of an forthcoming drop in the stock, she would have waited until yesterday to buy the LEAPs.

I’m certainly no fan of Nancy Pelosi, but articles like this are dumb and counterproductive.

[PAR35]

I’ve heard two of the best ways to trade stocks are to either track what Nancy does, or to do the opposite of what Jim Cramer recommends.

[Bobbyvotes]

Hope you sold it today for 8% quick profit.

[tumblindice]

The 2012 STOCK act makes it illegal, but it’s just words and stuff.

[ncfool]

She probably relayed the message from president Xi who told her what they were going to do to take Nvidia down. She is very dirty.

[ncfool]

Is Nancy‘s husband or George Soros invested in DeepSeek

[joethedrummer]

“Lawmakers’ trades are governed by the Stop Trading on Congressional Knowledge (STOCK) Act, ..”

- Written by the very people it is supposed to govern…

And we can be SURE they didn’t leave a ‘back door’ or two in it -from which to work around the whole thing, right???

I mean.. these are AMERICAN politicians, right?

[Thomas Jerome]

I sold my 200 shares the day before and bought them back the next day. That was pure luck.

[Machavelli]

They have sculpted a circuitous route to allow them to trade illegally. Pelosi is a vicious self-righteous BITCH who only talks the talk.

[Svartalfiar]

I’m certainly no fan of Nancy Pelosi, but articles like this are dumb and counterproductive.

So what reason would they have to personally decide to sell those stocks shortly before they lost 15%? One-off, sure, whatever. But her and her husband have these lucky breaks all the time somehow..

[Alvin Diogenes]

The point is that they bought back in before the decline.

I don’t know why they did that, but it’s misleading for the article to imply that they must have had inside information on the forthcoming decline. If they thought there was a decline coming, they wouldn’t have bought LEAPs a few weeks before the drop.

A better speculation would be that they sold the stock and, after that, got inside information on the upcoming Stargate project, and so decided to get back in again.

I have no idea if that’s true either, but at least it makes sense. Expecting a decline and buying calls makes no sense at all.