James Comer from Kentucky’s 1st district invests in Marvell Technology and Palantir, sells The Trade Desk shares

In recent trading activities, James Comer, the congressional representative from Kentucky’s 1st district, has made significant changes to his investment portfolio. Comer purchased stocks in Marvell Technology, Inc. (NASDAQ:MRVL), currently valued at $91.2 billion, and Palantir Technologies Inc . (NYSE:NASDAQ:PLTR), while selling his holdings in The Trade Desk, Inc. (NASDAQ:TTD).

On January 21, 2025, Comer acquired common stocks of Marvell Technology, Inc. and Palantir Technologies Inc. The value of each transaction falls within the range of $1,001 to $15,000. Marvell Technology is a global semiconductor company that has shown impressive momentum with an 80.6% price return over the past six months. According to InvestingPro, 28 analysts have revised their earnings upwards for the upcoming period, and the stock currently trades at $105.42. Palantir Technologies is a software company that specializes in big data analytics.

The following month, on February 4, Comer sold his Class A common stocks in The Trade Desk, Inc., a global technology company that provides a self-service platform for managing digital advertising campaigns. The sale was also valued between $1,001 and $15,000.

These transactions were conducted as new filings, as per the congressional trade report. All the transactions were made with common stocks, indicating a direct investment in the companies rather than through mutual funds or other investment vehicles.

These investment activities provide a glimpse into the trading behavior of one of the nation’s lawmakers. As always, investors are encouraged to conduct their own research and consult with a financial advisor when considering their investment decisions. For deeper insights, InvestingPro offers comprehensive analysis with 13 additional ProTips and detailed valuation metrics for Marvell Technology, available through their Pro Research Report.

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