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Congressman Meuser sold hundreds of thousands worth of Nvidia stock in February

AuthorSenad Karaahmetovic
Published 03/22/2024, 10:54 AM
Updated 03/22/2024, 10:54 AM
© Reuters

Congressman Dan Meuser, a Republican serving as the U.S. representative for Pennsylvania's 9th congressional district since 2019, disclosed today he was selling Nvidia (NASDAQ:NVDA) shares last month.

Meuser disclosed that the sale occurred on February 20, when Nvidia stock price closed at $694.52. The largest trade was in the range of $250,000 - $500,000. Moreover, Meuser completed two more sales, both in the range of $15,000 - $50,000.

Rep. Meuser selling Nvidia shares is nothing new. He has been continuously reducing his stake in Nvidia over the last few months. Back in 2023, he had reported two series of trades in May and August, all of them including Nvidia stock sale.

The Congressman had also sold some NVDA shares in early 2022, before the rapid advance in the stock price started. 

Earlier this month, Congressman Ro Khanna disclosed the $50,000 - $100,000 sale of Nvidia stock, which took place on January 10. Nvidia stock is up nearly 250% over the last 52 weeks and as much as 87% in 2024.

Also today, Congressman Meuser disclosed he bought US Treasury bills in a transaction valued at $250,000 - $500,000.

Latest comments

wonder how the insider in Congress know Nvda was going to take off this year ?  Did they like pass some law that favor Tesla or gave billions to Intel to make it so obvious to all the congressman that Nvda is the stock to buy??
Better ask Hunter...he and the "Big Guy" would know all the scams
pelosi did this daily
SHE'S SPECIAL!
It's good to be a politician. First-hand news of all over the world. Al Capone is nothing to compare to this white-collar mafia.
the only politician who acts and talks like a mob boss is Donald trump and his cronies in Congress.
if it was pelosi instead of meuser in this article, the maga-cult members would be clawing their eyes out, concocting the most insane conspiracy theories...
Differance is Nancy Pelosi doesnot disclose as her husband buys the shares based on her inside info. He doesnt have to report it or the other frirends family
And we know this how?
 knows the answer but has to pretend....another TDS symptom....no treatment
Does Rooters keep track of Hunter's trades?
another stupid conspiratorial statement by a devoted brain washed maga cult member.
I am infidelity not voting for Hunter.
 on the booze early again
the way meuser is trading looks more like a typical retail trader not an insider.
Insider trading for me but not for thee.
LMAO.. If insider trading he would have kept the stock. Hell, he sold when I bought, and I'm up 58%
 Nvidia is extremely overvalued. The congressman is not the only one who knows this. Look at the overall market. Its completely overvalued. Also look at what happened to Cisco in the 90s. Take your profits now and place them into short term T-bills, then wait for the correction.
 Hello Antifa.
I think American taxpayers would find it interesting to know the net worth of every elected politician entering Congress and then follow that up with the net worth of that same congressman after completing the first term of office.
That would take the fun out of it for the Democrat crooks
Why is this even a headline? Obviously he was way too early so it is not like he knew about some inside information and traded on it. He missed 300 points of the move. Don’t waste your time publishing this nonsense.
Agree!
True, at face value. However, may be they did not time it perfectly and NVDA is going to crash like TSLA has and we are the ones who don't know, but insiders do.
otb but according to statistics insiders are still holding massive positions in nvda. again he's trading like a retail trader.
how do i learn trading?
not an expert but copy trading helped me to learn how to analyze and think while making profit. copy trade a pro till you become one!
Buying US Treasury bills in a transaction valued at $250,000 - $500,000 is the bigger story to me. He’s playing it safe for a reason.
There sre paid services that disclose congress men buys and sells.
free services like quiverquant also
Anyone know where one can find a list of Congressman, or other elected officials, and companies they bought or sold shares of stock in? Thanks. Mark
quiverquant or capitoltrades
He doesnt know what hes doing.
New China sanctions coming.
bingX
It proved that they also not know what will happen. I think ge feel bad to have sold in 2022 and 2023
What is the moral of the news??? Congress should not trade??
Never sell NVDA
Not even for a nice fat profit?
AOC sold 8 shares of RENT recently
the stupıdıty of a trumper is boundless.
the stų pıdıty of a Trumper is limitless.
AOC thinks RICO Is AN island where her abuela lives
slow day for the media ?
Must be a slow day for the liberal media ?
Do Democrats ever sell stocks?
Dems don't own stock, they rely on government handouts
you people are pathetıc
Go have another sip of your Kool Aid
so what
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