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Rep. Vicente Gonzalez Reports a Large TSLA Purchase

A couple of big moves stand out today. 

Lawmakers are jumping into once high-flying momentum names that have recently unwound.

We’re also watching a near-million-dollar purchase in a Dow component that’s just broken down technically, completing a short-term top.

Let’s get into it:

📌 Tesla $TSLA
Rep. Vicente Gonzalez of Texas bought between $15,000 and $100,000 worth of $TSLA across two transactions.

It’s a vote of confidence in the EV giant that has seen its share price tumble from record highs as controversy surrounds its figurehead, Elon Musk. 

📌 Hims & Hers $HIMS
Rep. Tony Wield of Wisconsin also went on a shopping spree in $HIMS, investing somewhere in the vicinity of $250,000.

This health-focused company soared last year but has since pulled back sharply.

Here’s The Hot Corner, with data from March 18, 2025:

Click the table to enlarge it.

📌 Home Depot $HD

Director Gregory Brenneman stepped in with an $HD purchase worth $999,767, a significant insider buy for this bellwether and DJIA component. 

Despite recent technical weakness, an insider is clearly betting on a turnaround or long-term resilience.

Stay tuned. We'll be back on Wednesday with more insider activity.

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