Tracking the equity investments made by politicians can be a good strategy. Typically, individuals in power have access to information that’s not available to the retail investor. In a new disclosure last month, U.S. Representative Nancy Pelosi purchased call options of Palo Alto Networks (PANW) totaling $1.25 million, with a strike price of $200 and an expiration date as far out as January 2025, according to Quiver Quantitative data.
Overall, members of Congress traded PANW stock 10 times in the last six months. Seven of these transactions were purchases, and three were sales. As the cybersecurity play attracts heightened interest on Capitol Hill, let’s see whether PANW is a good stock to buy right now.
