The Trading Trends of House Representative Scott Franklin: A Detailed Analysis of 33 Stock Market Transactions
Portfolio Pulse from Benzinga Insights
House Representative Scott Franklin executed 33 stock market transactions in the past 3 months, with a net total of $288,995 invested. Top transactions include purchases in Comcast (CMCSA) and Costco Wholesale (COST), and partial sales of Apple (AAPL) shares. Franklin appears bullish on Communication Services and Consumer Staples sectors, while bearish on Information Technology and Consumer Discretionary sectors.
May 26, 2023 | 7:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Scott Franklin sold partial shares of Apple four times, each worth $1,001, possibly taking profits from his holdings.
Franklin's partial sales of Apple shares may indicate profit-taking, but it's important to remember that congressional members can trade stock for various reasons, including personal financial needs or diversification. Therefore, the impact on AAPL's stock price in the short term is uncertain.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 60
NEUTRAL IMPACT
Scott Franklin purchased $200,004 worth of Comcast shares, indicating a bullish stance on the Communication Services sector.
While Franklin's purchases of Comcast shares indicate a bullish stance on the Communication Services sector, it's important to remember that congressional members can trade stock for various reasons, including personal financial needs or diversification. Therefore, the impact on CMCSA's stock price in the short term is uncertain.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 80
NEUTRAL IMPACT
Scott Franklin invested $100,002 in Costco Wholesale shares, showing a positive outlook on the Consumer Staples sector.
Franklin's investment in Costco Wholesale suggests a positive outlook on the Consumer Staples sector. However, congressional members can trade stock for various reasons, including personal financial needs or diversification. Therefore, the impact on COST's stock price in the short term is uncertain.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 80