Over the past three months, congress has traded over $53,011 dollars worth of Microsoft MSFT stock. A total of 11 transactions have taken place by 6 different congressional members. The total net investment came in at $17,003, leaning towards the buy-side.
Top Congressional Transactions for MSFT Over Past 3 Months
Member Name | Chamber | Symbol | Company | Transaction Date | Transaction Type | Amount |
---|---|---|---|---|---|---|
John Curtis | MSFT | Microsoft | House | 2023-05-11 | S (Partial) | $1,001.00 |
Daniel Goldman | MSFT | Microsoft | House | 2023-04-10 | P | $15,001.00 |
Kathy Manning | MSFT | Microsoft | House | 2023-04-28 | P | $1,001.00 |
Kathy Manning | MSFT | Microsoft | House | 2023-04-28 | P | $1,001.00 |
Kathy Manning | MSFT | Microsoft | House | 2023-04-28 | P | $15,001.00 |
Josh Gottheimer | MSFT | Microsoft | House | 2023-04-10 | P | $1,001.00 |
Josh Gottheimer | MSFT | Microsoft | House | 2023-04-27 | S | $1,001.00 |
Josh Gottheimer | MSFT | Microsoft | House | 2023-03-31 | P | $1,001.00 |
Josh Gottheimer | MSFT | Microsoft | House | 2023-03-24 | P | $1,001.00 |
Michael Burgess | MSFT | Microsoft | House | 2023-04-10 | S | $15,001.00 |
Given the recent trading activity from congressional members, it leads one to wonder how Microsoft has been performing. Let's look at how Microsoft has been performing recently.
Microsoft Price Performance Over Past 3 Months
As you can see, over the past three months, Microsoft stock price has gone up by 32.54% potentially contributing to the recent buy-side activity by congress.
Recap
Over the past three months, 6 congressional members have traded over $53,011.00 dollars worth of Microsoft stock, while the stock has increased by 32.54% over the same timeframe.
The recent buy-side activity by congress could be a result of members looking to buy in to the stocks recent price momentum.
However, the buy-side activity is not overwhelming as only 63.64% of the total amount traded were purchases and 36.36% were sales. This makes it difficult to say if congress truly is bullish on Microsoft. This is why it's important to keep a balanced perspective and look at the company's performance holistically.
As always, investors should conduct their due diligence and consider other factors, such as a company's financials, analyst ratings, and broader market trends, before making any investment decisions.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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