US edition · Congressional trading
Three members of Congress bought Microsoft shares in disclosures
Filings from the past month show purchases by three politicians even as congressional selling reached $171.1mn.
Three members of Congress disclosed purchases of shares in Microsoft, the systems software company, in filings over the past 30 days. Cleo Fields, Josh Gottheimer and Gilbert Cisneros were the buyers.
Cisneros bought between $15,000 and $50,000 of Microsoft shares on 17 July. Microsoft shares rose 31 per cent between the transaction and 2 October.
The 34 filers reported 416 sales worth $171.1mn and 386 purchases worth $16.0mn across 802 trades, resulting in $155.1mn of net selling. Sales accounted for 91 per cent of trading value and purchases represented 9 per cent.
Tony Wied sold between $15,000 and $50,000 of stock in Upstart Holdings on 14 August. Upstart Holdings shares fell 25 per cent between the transaction and 2 October.
Companies in this column: Microsoft, Upstart Holdings.