A May filing shows that Representative Jefferson Shreve reported a purchase in Apple (NASDAQ:AAPL), valued between $1,800,068 and $4,750,000. The transaction date is listed as May 8, 2025, with the report published on May 8, 2025.
At present, Apple shares are trading up 0.65% at $198.77.
Representative's Recent Trading Activity
In the past three years, Jefferson Shreve made 323 stock trades totaling more than $6.94 million. The largest trades involved stocks like Microsoft and Broadcom. Their most notable trades made recently include key transactions:
- Broadcom (NASDAQ:AVGO): $100,001 - $250,000 Purchase
- AbbVie (NYSE:ABBV): $50,001 - $100,000 Sale
- Applied Mat (NASDAQ:AMAT): $50,001 - $100,000 Purchase
Here's a summary of Jefferson Shreve's recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| AbbVie | ABBV | STOCK | $50,001 - $100,000 | S | 2025-04-17 |
| Agilent Technologies | A | STOCK | $15,001 - $50,000 | P | 2025-04-17 |
| Applied Mat | AMAT | STOCK | $50,001 - $100,000 | P | 2025-04-17 |
| Ares Management | ARES | STOCK | $50,001 - $100,000 | P | 2025-04-17 |
| Autodesk | ADSK | STOCK | $15,001 - $50,000 | P | 2025-04-17 |
Want to keep up with Jefferson Shreve and other congressional members' stock activities? Check out our government trades tool for real-time updates!
The Importance of Congressional Transactions
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
The Importance of Congressional Transactions
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.