Recent Filing Shows That Rep. Thomas Kean Bought Over $9K Worth of Amazon.com Stock
A May filing shows that Representative Thomas Kean reported a purchase in Amazon.com (NASDAQ:AMZN), valued between $9,009 and $135,000. The transaction date is listed as May 15, 2025, with the report published on May 15, 2025.
At present, Amazon.com shares are trading down 0.23% at $204.7.
Representative's Recent Trading Activity
In the last three years, Thomas Kean completed 90 stock transactions totaling more than $356 thousand. Aon and Johnson & Johnson stocks were among the largest trades. Some of the most notable transactions the Rep. has executed recently include:
- Stryker (NYSE:SYK): $15,001 - $50,000 Purchase
- Franklin Resources (NYSE:BEN): $1,001 - $15,000 Purchase
- Amazon.com (NASDAQ:AMZN): $1,001 - $15,000 Purchase
Here's a summary of Thomas Kean's recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| Franklin Resources | BEN | STOCK | $1,001 - $15,000 | S (Partial) | 2025-04-28 |
| Amazon.com | AMZN | STOCK | $1,001 - $15,000 | P | 2025-04-24 |
| Analog Devices | ADI | STOCK | $1,001 - $15,000 | P | 2025-04-24 |
| Fiserv | FI | STOCK | $1,001 - $15,000 | P | 2025-04-24 |
| Prologis | PLD | STOCK | $1,001 - $15,000 | P | 2025-04-24 |
Stay informed on Thomas Kean's trades and other members of Congress with our real-time government trades tracking tool!
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.