Rep. Thomas Kean Has Bought Up to $45K Worth Of Illumina Stock: Here's What You Should Know

April 18, 2025 records indicate that Representative Thomas Kean filed a purchase of Illumina ILMN, valued between $3,003 and $45,000. According to the April filing, the transaction occurred on April 18, 2025.

Currently, Illumina shares are trading down 0.23% at $71.03.

What Representative Has Been Trading Recently

In the last three years, Thomas Kean completed 79 stock transactions totaling more than $345 thousand. Aon and Johnson & Johnson stocks were among the largest trades. Some of the most notable transactions the Rep. has executed recently include:

• Stryker SYK: $15,001 - $50,000 Purchase
• Illumina ILMN: $1,001 - $15,000 Purchase
• nVent Electric NVT: $1,001 - $15,000 Purchase

Here's a summary of Thomas Kean's recent trades:

To keep an eye on Thomas Kean's trades and other government stock activity, check out our real-time tracking tool!

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.