Rep. McGuire Trades in Apple and NVIDIA Stocks
Rep. John J. McGuire III of Virginia's 5th congressional district has made two significant trades in his Merrill Lynch SEP IRA account, according to a recent congressional trade report.
The first transaction involved Apple Inc. (NASDAQ:AAPL). On August 18, 2026, McGuire partially sold his holdings in Apple's common stock, with the value of the transaction falling between $1,001 and $15,000.
This sale came amidst a period of volatility for the tech giant, although the exact reasons for McGuire's decision remain unclear. At the time of the trade, Apple was trading at $328.56, near its 52-week high of $344.57, with an InvestingPro analysis indicating that the stock is overvalued relative to its Fair Value.
The second transaction was a purchase of common stock from NVIDIA Corporation (NASDAQ:NVDA) on August 18, 2026, with similar value ranging between $1,001 and $15,000. NVIDIA has been performing well in the market recently, which might have influenced McGuire's decision to invest.