A newer member of Congress may be the next to be closely monitored for their trading activity after recently selling off multiple Magnificent Seven stocks.
Congressman Sells Magnificent Seven Stocks
Congressman Matthew Van Epps (R-Tenn.) recently disclosed selling multiple stocks, as tracked by the Benzinga Government Trades page.
The trades are notable for the names involved and because these are the first disclosed trades made by Van Epps.
All the trades were made on June 16 and were sales, with the following transactions made:
- Sold $1,000 to $15,000 in Apple (NASDAQ:AAPL) stock
- Sold $1,000 to $15,000 in Amazon.com (NASDAQ:AMZN) stock
- Sold $1,000 to $15,000 in GE Aerospace (NYSE:GE) stock
- Sold $1,000 to $15,000 GE Vernova (NYSE:GEV) stock
- Sold $1,000 to $15,000 in Alphabet Inc (NASDAQ:GOOGL) stock
- Sold $1,000 to $15,000 in International Business Machines (NYSE:IBM) stock
- Sold $1,000 to $15,000 in Intel (NASDAQ:INTC) stock
- Sold $1,000 to $15,000 in Southwest Airlines (NYSE:LUV) stock
- Sold $1,000 to $15,000 in Meta Platforms (NASDAQ:META) stock
- Sold $1,000 to $15,000 in Microsoft Corporation (NASDAQ:MSFT) stock
- Sold $1,000 to $15,000 in NVIDIA Corporation (NASDAQ:NVDA) stock
- Sold $15,000 to $50,000 in Tapestry (NYSE:TPR) stock
- Sold $1,000 to $15,000 in ExxonMobil (NYSE:XOM) stock
The transactions were all sales with the congressman selling positions in six of the Magnificent Seven names during the month of June.
Congressman Begins Career With All Sales
Van Epps won a special election in 2025 and has been a member of Congress since. According to data from Quiver Quantitative, the congressman has disclosed only the $129,000 in sales and made no purchases since joining Congress.
With the purchases previously undisclosed, this means Van Epps owned the stocks prior to joining Congress, which makes it harder to determine whether he made a profit on the trades.
Benzinga will continue to monitor the trading history of members of Congress.
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