If You Invested $1,000 In NVIDIA Stock When Nancy Pelosi And Her Husband Did, Here's How Much You'd Have Now

Congresswoman Nancy Pelosi is often scrutinized for stocks and options transactions that are made by herself or her venture capitalist husband.

One of the stocks often targeted by retail traders is NVIDIA Corp NVDA, which the Pelosis have bought and sold several times in the past two years and owning the name could have been a conflict of interest.

What Happened: Pelosi (D-Calif.) disclosed in December 2023 the purchase of Nvidia options in November 2023.

The former Speaker of the House disclosed that her husband bought 50 Nvidia call options with a strike price of $120 and an expiration of Dec. 20, 2024. The transaction was valued at between $1 million and $5 million, with Unusual Whales pinning the purchase price at around $1.8 million.

The transaction took place on Nov. 22, 2023, when Nividia shares traded between $476.90 to $503.35. The stock has risen significantly since the time of purchase by the Pelosis.

Nvidia shares were previously owned by the Pelosis, which came before the U.S. government passing the CHIPS Act in July 2022 and before Pelosi traveled to Taiwan in support of semiconductor spending by the U.S. government.

The timing of the transaction was heavily criticized and Pelosi later disclosed selling the Nvidia shares in July 2022. The disclosure from Pelosi showed that she and her husband sold 25,000 Nvidia shares at an average price point of $165.05. The filing reported that the transaction was done at a loss of $341,365.

By selling Nvidia shares after public pressure, the Pelosis missed out on millions of dollars in potential profits. The latest transaction in November 2023 has passed the $1 million profit level for the Pelosis and continues to rise in value.

While not everyone has made over $1 million on shares of Nvidia like the Pelosis, investors could have profited nicely with an investment in the technology company at the time the congresswoman disclosed her latest purchase.

Related Link: 10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)

Investing $1,000 in Nvidia Stock: Shares of Nvidia traded between $484.67 and $493.83 on Dec. 22, 2023, the date Pelosi disclosed her latest transaction in the technology giant.

A $1,000 investment in Nvidia at the intraday high could have purchased 2.02 shares of Nvidia. Today those 2.02 shares would be worth $1,572.09, based on a price of $778.26 for Nvidia shares at the time of writing.

This represents a potential gain of 57.2% over the last two months.

For comparison, the same $1,000 investment could have purchased 2.10 shares of the SPDR S&P 500 ETF Trust SPY at the time. That investment would be worth $1,061.17 and up 6.1% over the last two months.

Investing alongside Pelosi in the case of Nvidia has proven to be a profitable trade. Shares of Nvidia are up 277% in the last year and one of the top performing companies.

In case you were wondering, the 25,000 shares of Nvidia sold by the Pelosis in July 2022 at a loss of $341,365 would be worth a substantial amount today. The shares would have a value of $19,456,500 today.

Based on an average sale price of $165.05, the Pelosis missed out on a profit of around $15.33 million by selling the Nvidia shares in July 2022.

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