Khanna Buys Four CHWY and VZ Stakes as Retail Earnings Near

Ro Khanna stands out in the latest congressional disclosures with four purchases each of CHWY and VZ, building clear long exposure in online pet retail and telecom just as several related companies prepare earnings releases. The California Democrat also filed five sells against one buy in ACI, the grocery operator that reported fiscal second quarter results on October 13. That report delivered an adjusted EPS beat of $0.36 versus the $0.33 consensus but showed identical sales down 0.8 percent and prompted the company to withdraw its full year outlook while accelerating a cost review. The overlap between Khanna's selling and the subsequent softness raises timing questions even though no impropriety is suggested.

Home Depot, which carries three buys and three sells from five lawmakers including Khanna and Kevin Hern, reports November 17 with analysts modeling EPS near $3.85 on roughly $42.7 billion in revenue. That would represent low single digit growth in a housing market that remains challenging. Hern separately sold all four of his LMT positions, trimming defense exposure while the Oklahoma Republican also appears among the seven lawmakers behind a 41 trade cluster that spans both buys and sells. Additional names drawing congressional attention include META with balanced activity from Khanna and Maria Elvira Salazar plus three trades each in AVGO, CSCO and FDX.

The pattern points to selective positioning rather than blanket sector bets. Khanna's four CHWY purchases with zero sells suggest confidence that pet owners will maintain spending even if broader retail traffic softens, a view that contrasts the ACI sales. Verizon buys from both Khanna and Gilbert Cisneros may reflect expectations for stable cash flows from wireless subscriptions. These moves arrive as analyst revisions for consumer defensive and cyclical stocks have turned cautious, with long term growth estimates now anchored in the low to mid single digits.

Congressional filings continue to show elevated volume compared with prior years, though disclosure lags mean many trades become public only after the events they appear to anticipate. The 24 buys versus 14 sells in the largest cluster indicate a net long bias, yet the concentration in specific names such as CHWY, VZ and the mixed HD activity reveals lawmakers are discriminating rather than simply following indexes. With HD on deck and other covered companies scheduled through January, the coming reports will test whether these congressional positions were early reads on resilience or simply routine portfolio adjustments.

This is data analysis, not financial advice.