Newly released congressional trading disclosures highlight Rep. Nancy Pelosi's significant buys in Bloom Energy Corporation and Intel Corporation during late July. The filings made public on August 21 show two separate purchases of BE stock totaling between $1.5 million and $6 million.
The first transaction on July 24 involved up to $5 million at a price of $184.89 per share. A follow-on buy on July 28 added between $500,000 and $1 million at $166.84. These positions have since returned 50.68 percent and 66.99 percent respectively, generating alpha of 47.3 percent and 63.87 percent. On the same day as the initial BE purchase Pelosi also bought Intel shares in two tranches totaling up to $1.5 million at $92.32 per share. Those holdings are up 14.07 percent with 10.68 percent alpha.
These results stand out against a backdrop of strong momentum in Intel. The company recently saw its stock surge 9.1 percent in one session on heavy volume, driven by plans for another round of CPU price hikes starting in October, an analyst upgrade to Outperform with a $120 target, and a milestone in high-NA EUV lithography where over 1 million wafers were processed. Intel's data center and AI segment grew 59 percent in its latest quarter, now comprising nearly 40 percent of revenue.
Other filings in the period included Rep. Tony Wied's purchase of UPST shares now down nearly 13 percent, Sen. Cory Booker's sale of AMZN ahead of a 7.3 percent drop in the stock, and Rep. Gilbert Cisneros' sale of BABA. The Pelosi trades represent the largest and highest-conviction activity in this window, showing clear overlap with subsequent positive catalysts in technology and industrials. The data suggests unusual timing relative to Intel's turnaround developments and broader AI tailwinds.
This is data analysis, not financial advice.
This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.