Morrison’s Rep Spends $34K on Meta Shares
- Rep.Kelly Morrison recently disclosed the purchase of Meta Platforms (META) stock valued between $34,006 and $160,000.
- Over the past three years,Morrison has engaged in approximately 30 transactions totaling over $987,000.
- A summary of Rep.Morrison's recent stock transactions is detailed below:
Rep. Kelly Morrison Reports Meta Platforms Stock Purchase
Rep.Kelly Morrison recently disclosed the purchase of Meta Platforms (META) stock valued between $34,006 and $160,000. According to a declaration filed April 11, 2025, the transaction occurred on the same day.
As of today, Meta Platforms shares are trading at $544.41, up 0.15%.
Recent Trading Activity
Over the past three years,Morrison has engaged in approximately 30 transactions totaling over $987,000. These activities primarily involved the buying and selling of shares in Target (TGT) and Meta Platforms. Key transactions include:
- Target (TGT): Sale valued between $100,001 and $250,000
- Meta Platforms (META): Purchase valued between $15,001 and $50,000
- Target (TGT): Sale valued between $15,001 and $50,000
Morrison’s Recent Transactions
A summary of Rep.Morrison’s recent stock transactions is detailed below:
| Company | Ticker | Asset Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| meta Platforms | META | Stock | $1,001 to $15,000 | Purchase | March 24, 2025 |
| Meta Platforms | META | Stock | $1,001 to $15,000 | Purchase | March 24, 2025 |
| Meta platforms | META | Stock | $15,001 to $50,000 | Purchase | march 24, 2025 |
| Target | TGT | Stock | $15,001 to $50,000 | sale | March 21, 2025 |
| Target | TGT | Stock | $100,001 to $250,000 | Sale | March 21, 2025 |
Understanding Congressional Stock Trades
A congressional stock trade refers to the purchase or sale of individual stocks by a member of congress, either a representative or a senator.
Members of Congress are required to periodically disclose their transactions to inform the public of their recent trading activities. these disclosures must be made within 30 days of being notified of the transaction and no later than 45 days after the transaction date.
The Stop Trading on Congressional Knowledge (STOCK) Act, signed into law by former President Barack Obama in April 2012, prohibits members of Congress from using non-public data obtained through their official duties for personal financial gain.The law also expanded disclosure requirements, mandating monthly filings by members of Congress.
Interpreting Congressional Trades
While congressional stock trades should not be the sole basis for investment decisions, they can offer valuable insights for investors.
A stock purchase by a senator or representative might suggest an expectation of future price appreciation.
Conversely,a sale can occur for various reasons and does not necessarily indicate a negative outlook on the stock’s future performance.