An official report on January 22, 2025 reveals Representative Thomas Kean's recent purchase of Canadian Pacific Kansas CP stock, valued between $1,001 and $15,000. The transaction took place on January 22, 2025, as per the January filing.
At this time, Canadian Pacific Kansas shares are trading up 0.74% at $79.0.
Representative's Recent Trading Activity
In the past three years, Thomas Kean made 68 stock trades totaling more than $320 thousand. The largest trades involved stocks like Aon and Johnson & Johnson. Their most notable trades made recently include key transactions:
- Liberty Global LBTYK: $15,001 - $50,000 Purchase
- Canadian Pacific Kansas CP: $1,001 - $15,000 Purchase
- Pernod Ricard PRNDY: $1,001 - $15,000 Sale
Here's a summary of Thomas Kean's recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| Canadian Pacific Kansas | CP | STOCK | $1,001 - $15,000 | P | 2024-12-27 |
| Pernod Ricard | PRNDY | STOCK | $1,001 - $15,000 | S | 2024-12-27 |
| Alphabet | GOOG | STOCK | $1,001 - $15,000 | S | 2024-12-19 |
| Abbott Laboratories | ABT | STOCK | $1,001 - $15,000 | P | 2024-12-16 |
| Franklin Resources | BEN | STOCK | $1,001 - $15,000 | S (Partial) | 2024-12-16 |
If you want to stay updated on Thomas Kean's trades and other congressional members, check out our government trades tool to track their activity in real time!
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.
Why Congressional Transactions Matter
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.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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