The Hill Ledger

US edition · Congressional trading

Pete Sessions sells $2.3mn of shares across 33 trades

The House filer sold stock in Microsoft, Costco Wholesale and Apple in filings disclosed on 27 October.

Pete Sessions disclosed 33 stock sales worth $2.3mn on 27 October, with no purchases. The sales accounted for 33 per cent of all sales value disclosed by members over the past 30 days.

The transactions included sales of between $250,000 and $500,000 each in Microsoft, Costco Wholesale and Apple, all traded on 2 October. Sessions took 25 days to disclose the trades. Shares in Microsoft, a software company whose revenue grew 17.9 per cent over the last 12 months, are up 2.6 per cent since the trade.

Disclosures across the past 30 days show $7.1mn of sales against $3.7mn of purchases, which represents $3.5mn of net selling. Holdings with no stock-market listing accounted for $124.3mn, which is 92 per cent of all disclosed value over the period, led by James C. Justice selling an unlisted holding in Greenbrier Hotel Corporation and Affiliates of over $50.0mn.

Companies in this column: Microsoft, Costco Wholesale, Apple.