This House of Representative Just Bought Up To $30K In Alliance Res Partners Stock

A report on March 3, 2025 shows that Representative Virginia Foxx from North Carolina purchase stock in Alliance Res Partners ARLP, valued between $2,002 and $30,000. According to the March filing, the transaction occurred on March 3, 2025.

At the time of writing, Alliance Res Partners shares are trading down 2.05% at $24.57.

What Representative Has Been Trading Recently

Over the previous three years, Virginia Foxx conducted 327 trades, totaling more than $4.01 million. The largest of these were in NextEra Energy and Philip Morris Intl stock. Some of the most notable transactions the Rep. has executed recently include:

• Pembina Pipeline PBA: $50,001 - $100,000 Purchase
• Via Renewables VIASP: $50,001 - $100,000 Sale
• Alliance Res Partners ARLP: $15,001 - $50,000 Purchase

Here's a summary of Virginia Foxx's most recent trades:

Stay informed on Virginia Foxx's trades and other members of Congress with our real-time government trades tracking tool!

Why Congressional Transactions Matter

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.

The Importance of Congressional Transactions

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.