Skip to main content

Market Overview

Sen. John Fetterman Has Bought Up to $30K Worth Of Alphabet Stock: Here's What You Should Know

Share:
Sen. John Fetterman Has Bought Up to $30K Worth Of Alphabet Stock: Here's What You Should Know

On June 9, 2025, it was reported that Senator John Fetterman executed a purchase of Alphabet (NASDAQ:GOOG) stock, valued between $2,002 and $30,000. The transaction, recorded in the June filing, was made on May 15, 2025.

At the time of writing, Alphabet shares are trading up 2.3% at $181.72.

Stay informed on John Fetterman's trades and other members of Congress with our real-time government trades tracking tool!

Why Congressional Transactions Matter

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.

 

Related Articles (GOOG)

View Comments and Join the Discussion!

Posted-In: BZI-GTGovernment News Politics Trading Ideas General

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com