Market Commentary

Which Stocks Is Tommy Tuberville Trading These Days

Rahul Joshua18 Sept 2022 · 2 minutes read

Tommy Tuberville, one of the most active Senators on Wall Street, disclosed that he made tens of new trades in August.

Tuberville bought $100,000 - $250,000 worth of Intel Corp (INTC: US) shares on August 05 when INTC’s stock price closed at $35.39. Intel stock price currently trades below the $30 handle, which makes Tuberville’s entry price not so attractive.

On the other hand, the Senator from Alabama sold PayPal (PYPL: US) shares on August 11 when the stock closed at $99.11. The size of the trade ranging from $100,000 - $250,000 bracket, which makes it the joint biggest trade he made in August, alongside buying Intel shares. Earlier in August, Tuberville sold $15,000 - $50,000 worth of PayPal Holdings Inc shares. 

Tuberville also made three trades worth $50,000 to $100,000 each. These include buying iShares National Muni Bond ETF (MUB: US) and Cathie Wood’s ARK Innovation ETF (ARKK: US), as well as selling Stratasys (SSYS: US) shares.

Elsewhere, the Senator made dozen buy and sell trades in August, including some popular ETFs like iShare Core S&P 500 ETF (IVV: US) and Invesco S&P 500 Equal Weight ETF (RSP: US).

Tuberville disclosed that he bought $50,000 - $100,000 worth of Cleveland-Cliffs (CLF: US) shares on July 18. Senator’s biggest buy trades involved shares of PayPal and Qualcomm (QCOM: US), with each trade worth between $250,000 and $500,000.

CLF and PYPL are two of the most popular stocks traded by Tuberville, after ChannelAdvisor (ECOM: US). It comes as no surprise that Tuberville’s favorite sector for trading is IT, followed by Materials and Healthcare.

Senator Tuberville sits on the following committees: Agriculture, Nutrition & Forestry; Armed Services; Health, Education, Labor & Pensions; and Veteran’s Affairs.