An official report on October 8, 2025 reveals Representative Laura Friedman's recent sale of Paramount Skydance (NASDAQ:PSKY) stock, valued between $1,001 and $15,000. The transaction took place on September 10, 2025, as per the October filing.
At this time, Paramount Skydance shares are trading down 3.08% at $17.93.
What Representative Has Been Trading Recently
Over the past three years, Laura Friedman executed 2 trades totaling over $2 thousand. The largest of these trades were in Paramount Skydance and Walt Disney stock. Some of the key transactions the Rep. has executed recently include:
- Walt Disney (NYSE:DIS): $1,001 - $15,000 Sale
- Paramount Skydance (NASDAQ:PSKY): $1,001 - $15,000 Purchase
Here is a list of Laura Friedman's most recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| Walt Disney | DIS | STOCK | $1,001 - $15,000 | S | 2025-08-26 |
| Paramount Skydance | PSKY | STOCK | $1,001 - $15,000 | E | 2025-08-07 |
Want to keep up with Laura Friedman and other congressional members' stock activities? Check out our government trades tool for real-time updates!
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.
