Gottheimer Sells $750K in Microsoft as Lawmakers File 38 Trades

The biggest single trade of the week came from Josh Gottheimer (D-NJ), who sold roughly $750,000 worth of Microsoft stock. The sale was part of a seven-trade week for the New Jersey Democrat, who also filed purchases in other technology names. Gottheimer's Microsoft sale accounted for nearly a fifth of the total trading volume among lawmakers for the period Sep 11 to Sep 18.

Overall, 38 trades were disclosed by eight lawmakers across 25 different stocks. Buys and sells were evenly split at 17 each. The week's activity was led by four lawmakers who each filed at least six trades, with one more filing four.

Boozman Leads in Volume

John Boozman (R-AR), the ranking member of the Senate Agriculture Committee, filed the most trades of any lawmaker: nine. Boozman's filings included a mix of buys and sells across several sectors, with a notable purchase in an agricultural equipment company. His trading activity has been consistent in recent quarters, and this week's batch continues that pattern. Boozman also reported a small sale in a financial services firm, part of what appears to be routine portfolio rebalancing.

Gottheimer's Active Week

Gottheimer, who sits on the House Financial Services Committee, filed seven trades in total. Besides the Microsoft sale, he reported purchases in a cloud computing company and a healthcare insurer. Gottheimer has been an active trader throughout his time in Congress, and his disclosures often include both large and mid-sized transactions. His Microsoft sale was the largest single transaction of the week, with a midpoint value of $750,000.

Kean and Donalds Each File Six

Thomas H. Kean, Jr. (R-NJ) filed six trades, all in technology and consumer discretionary stocks. Kean, a member of the House Foreign Affairs Committee, reported three buys and three sells. His largest transaction was a sale of Alphabet stock worth between $100,000 and $250,000. Kean also added to his position in a semiconductor firm, a sector he has favored in past filings.

Byron Donalds (R-FL) also filed six trades. The Florida Republican, who serves on the House Oversight Committee, reported four buys and two sells. His purchases included shares of Johnson & Johnson and a defense contractor. Donalds sold a smaller position in a consumer goods company. His trading activity has drawn attention in the past due to its frequency, and this week continues that trend.

Armstrong Adds Four Trades

Alan Armstrong (R-OK) filed four trades, all of which were buys. Armstrong, a member of the House Energy and Commerce Committee, purchased shares in two energy companies and a utility. His buys included Williams Companies, a natural gas infrastructure firm, which saw two purchases from lawmakers this week. Armstrong's focus on energy aligns with his committee work, though he has also traded in other sectors in previous filings.

Top Stocks: Microsoft Leads

Microsoft was the most traded stock of the week, with five transactions: two buys and three sells. The largest was Gottheimer's sale, but other lawmakers also moved in and out of the tech giant. Alphabet saw two sells and no buys, while Johnson & Johnson also had two sells. On the buy side, Williams Companies had two buys and no sells. Liberty Broadband had two trades, both of which were classified as exchanges or conversions, meaning no net change in ownership was recorded.

One Late Filing

Of the 38 trades disclosed this week, one was filed past the 45-day deadline set by the STOCK Act. That filing came from a lawmaker whose name appears in the data tables appended below. Late filings have been a recurring issue in congressional trading, though the rate this week was lower than in many previous periods. The STOCK Act requires lawmakers to report trades within 45 days of execution, and violations can result in fines, though enforcement has been sporadic.

Context and Patterns

The week's trading activity shows a mix of sector preferences. Technology stocks attracted the most attention, with Microsoft and Alphabet accounting for seven of the 38 trades. Healthcare and energy also saw multiple transactions. The even split between buys and sells suggests lawmakers were more balanced in their approach than in some recent weeks, where sells have dominated.

For a full list of recent disclosures, see the latest congressional trades page. The tables below provide a breakdown of the top traders, top stocks, largest trades, and the late filing.

Most active members this week

Most traded stocks

Largest trades of the week

Filed past the 45-day deadline

The STOCK Act gives members 45 days to disclose a trade. These filings missed it (see the deadline tracker for the full record):