When members of Congress sell stocks, it can provide insights into how they view the market, policy risks, and industry prospects. Nevertheless, selling a stock doesn’t always mean they believe a company will underperform. It could also relate to portfolio diversification, cash flow needs, or ethical concerns. That said, in this guide, we’ll go through the top 10 stocks US Congress members are selling in 2024.
Receive Signals on US Congress Members' Stock Trades
Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.
How to track politicians’ stock trades?
Tracking stock trades by Congress members has become easier, thanks to the STOCK Act (Stop Trading on Congressional Knowledge Act). Passed in 2012, this legislation requires lawmakers to disclose trades within 45 days, ensuring transparency.
Another reliable way to stay updated on Congress members’ trades is Finbold Signals, a real-time tracking tool offering insights into Senate, Congress, insider, and institutional trades. It delivers alerts via email, Telegram, and Discord, keeping you informed.
Receive Signals on US Congress Members' Stock Trades
Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.
Top 10 stocks US Congress members are selling
Congressional stock disclosures for 2024 show some big names on the selling list. Here’s the breakdown of the top 10 stocks:
| Rank | Stock | Company name | Sector |
| 1 | NASDAQ: MSFT | Microsoft | Technology |
| 2 | BIVA: PXD | Pioneer Natural Resources | Energy |
| 3 | NYSE: ET | Energy Transfer LP | Energy |
| 4 | NASDAQ: AAPL | Apple Inc. | Technology |
| 5 | NASDAQ: GOOGL | Alphabet Inc. | Technology |
| 6 | NASDAQ: AMZN | Amazon Inc. | Consumer discretionary |
| 7 | NYSE: JNJ | Johnson & Johnson | Healthcare |
| 8 | NASDAQ: AMD | Advanced Micro Devices, Inc. | Technology |
| 9 | NYSE: IBM | International Business Machines | Technology |
| 10 | NYSE: DOW | Dow Inc. | Materials |
#1 Microsoft Corporation
Microsoft (NASDAQ: MSFT) continues to dominate the tech sector with its software, cloud computing, and AI offerings. However, Congressional sales of its stock in 2024 may indicate concerns about tightening regulations in the tech industry, particularly with AI oversight gaining traction.
#2 Pioneer Natural Resources Company
Pioneer Natural Resources (BIVA: PXD) is a major player in the oil and gas industry and is known for its focus on shale production. Congressional members selling PXD stock might reflect uncertainty about the energy sector’s future, especially with global pushes toward renewable energy and potential government-imposed restrictions on fossil fuels.
The stock’s volatility may also be a factor, as energy prices remain sensitive to geopolitical tensions and fluctuating demand. For investors, these trades could suggest caution regarding long-term reliance on traditional energy companies.
#3 Energy Transfer LP
As a leading pipeline operator, Energy Transfer (NYSE: ET) plays a crucial role in transporting oil and gas across the United States. The heavy sales by Congress members in 2024 might signal concerns over the stability of the fossil fuel infrastructure sector. With debates over environmental policies heating up, lawmakers could be distancing themselves from investments linked to carbon emissions.
#4 Apple Inc.
Apple (NASDAQ: AAPL) is a perennial favorite among investors due to its strong brand, innovative product lineup, and robust financials. Despite these strengths, Congressional members selling AAPL stock could hint at worries over slowing iPhone sales or increased competition from global tech players. Additionally, Apple’s ongoing antitrust battles and regulatory scrutiny may have factored into lawmakers’ decisions.
#5 Alphabet Inc.
Alphabet (NASDAQ: GOOGL) has been a cornerstone of the tech industry for years, with dominance in search, advertising, and cloud services. Yet, members of Congress selling GOOGL stocks may reflect regulatory fears, particularly surrounding antitrust lawsuits and privacy legislation targeting Big Tech.
#6 Amazon Inc.
Amazon’s (NASDAQ: AMZN) presence on this list suggests that members of Congress may have concerns about its stock valuation or competitive challenges. Rising operational costs, coupled with increasing unionization efforts among its workforce, could weigh on lawmakers’ confidence in the company’s profitability. In addition to that, Amazon faces scrutiny over antitrust issues, which could influence its market dynamics.
#7 Johnson & Johnson
Johnson & Johnson (NYSE: JNJ) offers a diversified portfolio of pharmaceutical, medical device, and consumer health products. Congressional sales of JNJ stocks might reflect concerns over litigation related to talcum powder claims or the company’s restructuring efforts. Beyond that, shifts in healthcare policy or competition from emerging biotech firms may be influencing lawmakers’ sell-offs.
#8 Advanced Micro Devices, Inc.
AMD (NASDAQ: AMD) remains a leader in the semiconductor industry, competing fiercely with Intel and NVIDIA (NASDAQ: NVDA). The selling of AMD by US politicians in 2024 might reflect concerns over the sector’s cyclical nature and the ongoing challenges in managing supply chain disruptions.
#9 International Business Machines
IBM (NYSE: IBM) has been undergoing a significant transformation, focusing on cloud computing, AI, and hybrid solutions to modernize its business. Despite these efforts, Congress members selling IBM stock may signal skepticism about the company’s ability to compete with newer, more agile tech firms. Concerns over the pace of revenue growth in emerging segments could also be a factor.
#10 Dow Inc.
Dow (NYSE: DOW) is heavily tied to the performance of the global manufacturing sector. Congressional sales of Dow stock appear to reflect concerns about slower economic growth, rising raw material costs, or geopolitical tensions disrupting global supply chains.
For more info on what US Senators and members of Congress are buying, selling, and trading, feel free to check out the following guides:
- Top 10 Stocks US Senators Are Buying in 2024
- Top 10 Stocks US Senators Are Selling in 2024
- The Most Traded Stocks Among US Senators in 2024
- Top 10 Stocks US Congress Members Are Buying in 2024
The bottom line
The top 10 stocks US Congress members are selling in 2024 provide a glimpse into market sentiment from some of the nation’s most informed individuals and can highlight potential opportunities and risks for individual investors.
Besides the STOCK Act, the most convenient way to track Congress trades effectively is through Finbold Signals—a tool that provides real-time updates on what US Congress members are selling and buying right now.
Receive Signals on US Congress Members' Stock Trades
Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs
What does it mean when Congress members sell stocks?
When politicians sell stocks, it can signal their expectations about future market conditions, industry challenges, or regulatory developments. However, not all sales are market-related; some may simply reflect individual financial decisions or adherence to ethical standards.
Can politicians’ stock trades impact the market?
While individual trades by politicians may not significantly move the market, the public perception of these trades can influence investor sentiment. If Congress members sell stocks en masse, it could raise concerns about the sectors or companies involved.
How can I track stock trades made by Congress members?
You can track these trades through public disclosures required under the STOCK Act, which mandates lawmakers to report stock transactions within 45 days. On the other hand, for real-time updates, tools like Finbold Signals provide detailed insights into political, institutional, and insider trades.
Should I be worried if Congress members are selling a stock I own?
Not necessarily. Congressional trades provide an additional perspective but shouldn’t dictate your investment decisions. Consider the broader market context, company fundamentals, and your financial goals before making any changes.
Are Congressional stock trades legal?
Yes, Congressional members are allowed to trade stocks, but they must follow transparency rules under the STOCK Act, which requires them to disclose trades publicly. This ensures greater accountability and helps avoid conflicts of interest.
What sectors are most affected by Congressional stock sales in 2024?
The most affected sectors in 2024 include technology, energy, and healthcare, as many top-selling stocks—like Microsoft, Apple, Energy Transfer, and Johnson & Johnson—come from these industries.
