Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and let me tell you, this week didn’t disappoint. Names like Nvidia Corp. (NVDA) and Netflix Inc. (NFLX) stand out amid political purchase filings, notes Steve Strazza, director of research at AllStarCharts.
Sen. Ashley Moody was active, making sizable buys in NVDA and Super Micro Computer Inc. (SMCI) — dropping between $100,000 and $250,000 into each. This purchase is significantly larger than the typical size seen in political filings, making it a bold move that definitely grabs my attention.
And with technology reclaiming the leadership this month, these are exactly the kinds of stocks we want on our radar.
Meanwhile, Sen. Michael McCaul was busy, buying shares in NFLX and CACI International Inc. (CACI). NFLX continues to stand out as one of the strongest names in the market as the stock prints new all-time highs in both absolute and relative terms.
As for CACI, the company is a government contractor. The best political filings tend to be this way. Politicians have special insight into these dealings, so we pay close attention to these buys.
Finally, Sen. David McCormick has officially entered the crypto space, revealing an investment ranging from $115,000 to $250,000 in the Bitwise Bitcoin ETF (BITB).
