Congressional Trading Report: Rep. Mark Green Sold Over $100K In NGL Energy Partners Stock
Portfolio Pulse from Benzinga Insights
Tennessee Representative Mark Green reported selling NGL Energy Partners (NYSE:NGL) stock valued between $100,001 - $250,000 on February 1, 2024. NGL Energy Partners shares are slightly down at $5.83. Congressional transactions, such as this, are monitored under the STOCK Act to prevent insider trading and require timely public disclosure.
February 02, 2024 | 3:05 pm
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Rep. Mark Green sold between $100,001 - $250,000 worth of NGL Energy Partners stock. Shares are trading down slightly at $5.83.
The sale of a significant amount of NGL stock by a Congressman could lead to negative sentiment among investors, potentially causing a short-term dip in stock price. However, the STOCK Act ensures such transactions are monitored to prevent insider trading, which might mitigate some negative impact.
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