Seven members of Congress have placed 40 trades in NA, with buys outnumbering sells by 22 to 15, as the Canadian bank's quarterly results draw closer. This doubled activity from recent clusters includes Kevin Hern, John Fetterman, Ro Khanna, Suzan DelBene, Don Beyer, Vince Fong and Gilbert Cisneros. The net bullish tilt stands out at a moment when financials face mixed macroeconomic signals and could point to expectations of stable loan growth or margin resilience.
The pattern extends into retail. Ro Khanna sold seven of his eight positions in ACI immediately before the grocer's October 13 release. Albertsons beat adjusted EPS estimates with $0.36 versus the $0.31 to $0.33 consensus, held revenue essentially flat at $18.9 billion, and saw shares rise about 3 percent. The company flagged cost headwinds in digital fulfillment and shrink while accelerating a regional restructuring. Khanna's sales therefore preceded a report that, on the surface, exceeded expectations yet carried cautious language on needed improvements.
At the same time Khanna bought all four of his CHWY positions, potentially positioning for strength in e-commerce pet supplies. Home Depot, scheduled to report November 17 with consensus EPS of $3.85 and revenue of roughly $42.7 billion, drew a more balanced seven trades from five lawmakers including Hern, Khanna, Lloyd Doggett and Rick Larsen. The three buys against four sells reflect split views on housing turnover and big-ticket consumer spending.
Additional filings show targeted communication-services bets. Khanna and Cisneros each bought VZ shares, while META saw two buys and two sells split between Khanna and Maria Elvira Salazar. Smaller clusters appeared in AVGO, CSCO and EMR, often with net selling. The breadth across consumer defensive, cyclical and technology names illustrates how lawmakers are adjusting portfolios ahead of a concentrated earnings window rather than making one-directional sector calls.
What stands out is the acceleration in NA specifically and the contrast in Khanna's consumer book, where he exited the recent ACI winner while adding to CHWY. With disclosure rules lagging actual trade dates by up to 45 days, the full performance picture will emerge later. Still, the volume and split signals offer a real-time window into how these officeholders view the upcoming slate of results. 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.