Core Insights - Rep. Marjorie Taylor Greene purchased shares of Netflix Inc. on October 24, following a significant drop in the stock price after a disappointing third-quarter earnings report [1][2] Investment Activity - The purchase of Netflix was valued between $1,001 and $15,000 and was part of 14 new investments disclosed in a Periodic Transaction Report filed on October 28 [2][5] - Greene's investment strategy appears to align with a "buy the dip" approach, as she made the purchase shortly after the stock's decline [2] - This transaction adds to her existing position in Netflix, which she had previously purchased in June and May [3] Broader Investment Strategy - Greene's investment in Netflix is part of a larger trend of increasing her holdings in the technology sector, including purchases in Microsoft Corp., Amazon.com Inc., and MercadoLibre Inc. [3] - She has also continued to build her position in the iShares Bitcoin Trust ETF, indicating a consistent strategy of adding to existing holdings [4] - Other notable purchases in October included investments in finance (Berkshire Hathaway Inc., Blackstone Inc.), healthcare (Amgen Inc., Cardinal Health Inc.), and energy (Chevron Corp.) [5][6] Summary of Transactions - A total of 14 transactions were reported, all of which were purchases valued between $1,001 and $15,000, with no sales reported [5][6]
Marjorie Taylor Greene Buys Netflix Stock After Downbeat Q3 Earnings, Expands Big Tech Bet - Netflix (NASDAQ:NFLX)