The Trading Trends of House Representative Scott Franklin: A Detailed Analysis of 33 Stock Market Transactions

Over the past 3 months, House Representative Scott Franklin has executed a total of 33 transactions in the stock market, trading a total of $327,033 worth of stock. Of the 33 transactions, 14 were purchases and 19 were sales, leading to them to put a net total of $288,995 into the market.

Scott Franklin's Top 10 Transactions Over The Past 3 Months

Scott Franklin, a House Representative, has made a series of transactions over the past 3 months, with Comcast CMCSA and Costco Wholesale COST being the top companies he invested in. He bought $50,001 worth of shares in each of the four transactions with Comcast, while he made two similar purchases with Costco Wholesale. Interestingly, he also sold partial shares of Apple AAPL four times, each worth $1,001. These transactions suggest that Franklin is bullish on the media and retail sectors, while he may be taking profits from his Apple holdings.

Scott Franklin's Sector-wise Net Investment Over Past 3 Months

It can be helpful to look at an investor's trading activity on a sector level, to see if there are any broader trends in where they are putting their money into or pulling their money out of. This can be insightful when trying to identify segments of the stock market that an investor has a positive or negative outlook on. Let's look at a breakdown of which sectors Scott Franklin invested in.

Over the past 3 months, Scott Franklin has invested a significant amount of money in the Communication Services and Consumer Staples sectors, with net investment amounts of $204,008 and $102,004 respectively. However, he has pulled out money from the Information Technology and Consumer Discretionary sectors, with net investment amounts of -$11,011 and -$6,006 respectively. This suggests that Franklin may be bullish on the Communication Services and Consumer Staples sectors, while being bearish on the Information Technology and Consumer Discretionary sectors.

House Representative Scott Franklin's recent trading spree could indicate that they prefer particular sectors or companies over others and that they are re-balancing their portfolio to reflect those preferences. However, it's important to remember that congressional members can trade stock for a variety of reasons, including personal financial needs or diversification of their investment portfolios. Therefore, it's important to keep a balanced perspective and look at the stock market's performance holistically.

This article was generated by Benzinga's automated content engine and reviewed by an editor.