Despite recent progress on a bill that would ban members of Congress from trading individual stocks, trading activity from lawmakers remains high. In a recent filing, Florida Rep. Laurel Lee disclosed selling Apple call contracts while purchasing put contracts, possibly changing her opinion on AAPL stock.
This trade coincides with Warren Buffett’s Berkshire Hathaway selling nearly half of its stake in Apple, citing tax-saving measures. Lee also owns other companies in her portfolio, such as Meta Platforms, Bank of America, and Qualcomm.
The Top Stocks Politicians Are Buying and Selling This Week
Arkansas Sen. John Boozman made several trades recently, including purchasing Vanguard FTSE Developed Markets ETF and Alphabet stock, while selling SPDR S&P MidCap 400 ETF and Lam Research stock. Boozman’s diverse portfolio mainly consists of exchange-traded funds.
Overall, these trades highlight the active trading behavior of Congress members and how their decisions can impact the market and individual stock prices. It’s essential for investors to stay informed about these activities to make informed decisions about their own portfolios.