Jul. 6 at 2:06 PM
Worth Monitoring: Notable Congressional Stock Purchases
Rep. Gil Cisneros (D), who serves on the House Armed Services Committee, recently purchased shares in two companies that hold active Department of Defense contracts contracts his committee oversees and authorizes funding for.
On June 30th, he bought:
Cadre Holdings (
$CDRE) a ballistic armor supplier for the U.S. military and FBI
Microchip Technology (
$MCHP) a semiconductor manufacturer with ongoing DoD contracts
$CDRE has already risen about 7% since his purchase.
