Home Depot Makes Strategic Lobbying Moves and SEC Disclosures
$80,000 in lobbying expenses from THE HOME DEPOT was recently reported for Q4 of 2024 in a new filing under the Lobbying Disclosure Act.
Key Lobbying Topics Uncovered
This lobbying expenditure addressed several important issues, including:
- Organized Retail Crime
- FY 2025 Department of Homeland Security Appropriations Act
- De Minimis Threshold
- Tariff Policies
- Corporate Tax Rate and Expiring Provisions of the Tax Cuts and Jobs Act
- Workforce Issues, including the East Coast Ports Strike
- Nominations and Housing Issues
For more information about corporate lobbying, visit Quiver Quantitative.
Congressional Trading in Home Depot Stocks
In the last six months, members of Congress have traded $HD stock six times, with five purchases and one sale recorded.
Here’s a summary of the congressional trading activity for $HD stock during this period:
Monitor congressional stock trades on Quiver Quantitative’s trading dashboard.
Insider Trading Patterns at Home Depot
In the past six months, HD insiders executed 13 trades of $HD stock, all involving sales, with no shares purchased.
Recent Insider Transactions:
- WILLIAM D BASTEK (EVP, Merchandising) sold 2,969 shares.
- ANN MARIE CAMPBELL (Senior EVP) sold 30,068 shares over three trades.
- TIMOTHY A. HOURIGAN (EVP – Human Resources) sold 16,004 shares.
- TERESA WYNN ROSEBOROUGH (EVP, Gen. Counsel & Corp. Sec.) sold 27,279 shares over four trades.
- HECTOR A PADILLA (EVP – US Sales and Operations) sold 3,626 shares over two trades.
- RICHARD V MCPHAIL (EVP & CFO) sold 6,500 shares.
- KIMBERLY R SCARDINO (SVP-Finance, CAO & Controller) sold 1,700 shares.
For tracking insider trades, check out Quiver Quantitative’s insider trading dashboard.
Hedge Fund Activity Surrounding Home Depot
Recently, 1,728 institutional investors increased their stakes in HD stock, while 1,546 reduced their holdings in the most recent quarter.
Notable Institutional Transactions:
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added 8,762,735 shares (+51,250.1%) in Q3 2024.
- JPMORGAN CHASE & CO increased their portfolio by 2,102,226 shares (+24.1%) in Q3 2024.
- PRICE T ROWE ASSOCIATES INC /MD/ acquired 1,701,080 shares (+26.7%) in Q3 2024.
- CAPITAL INTERNATIONAL INVESTORS added 1,575,235 shares (+57.7%) in Q3 2024.
- ALPHINITY INVESTMENT MANAGEMENT PTY LTD divested 1,564,733 shares (-100.0%) in Q3 2024.
- BANK OF AMERICA CORP /DE/ increased their holding by 1,519,664 shares (+10.7%) in Q3 2024.
- WULFF, HANSEN & CO. sold off 1,474,787 shares (-99.7%) in Q3 2024.
For insights on hedge fund stock portfolios, visit Quiver Quantitative’s institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative’s disclaimers for more information.
This article was originally published on Quiver News; read the full story.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
