An official report on July 15, 2025 reveals Representative Rick Allen's recent purchase of Intuit INTU stock, valued between $1,001 and $15,000. The transaction took place on June 20, 2025, as per the July filing.
At this time, Intuit shares are trading down 0.22% at $744.34.
What Representative Has Been Trading Recently
In the past three years, Rick Allen made 52 stock trades totaling more than $1.65 million. The largest trades involved stocks like SouthState and Accenture. Their most notable trades made recently include key transactions:
- Netflix NFLX: $15,001 - $50,000 Purchase
- Thermo Fisher Scientific TMO: $15,001 - $50,000 Sale
- Intuit INTU: $1,001 - $15,000 Purchase
Here's a summary of Rick Allen's recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| Intuit | INTU | STOCK | $1,001 - $15,000 | P | 2025-06-20 |
| Netflix | NFLX | STOCK | $15,001 - $50,000 | P | 2025-05-16 |
| Thermo Fisher Scientific | TMO | STOCK | $15,001 - $50,000 | S | 2025-05-16 |
| Us Treasury Bill 912797Ms3 Due | $1,001 - $15,000 | P | 2025-05-16 |
If you want to stay updated on Rick Allen'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.
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.
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