Part 4/8:
Let’s analyze a few key trades of Senator Mullen to understand the implications better.
1. Stride Inc. (Ticker: LRN)
Mullen's investment in Stride, a company well-placed in the education sector, caught attention, especially given its major trading period coinciding with the education budget planning season in July. Observers noted that Mullen built his position during a critical time when federal funding requests were being reviewed, hence having the potential for a notable advantage.
Despite a slight delay in reporting, his eventual exit in December yielded a remarkable gain, leading some to question the transparency surrounding such disclosures.