Records from July 15, 2026 indicate that Representative Rick Allen of Georgia made a sale of Intuit (NASDAQ:INTU), valued between $15,001 and $50,000, with the transaction dated June 10, 2026 and filed in July.
As of now, Intuit shares are trading up 1.72% at $284.52.
Representative's Recent Trading Activity
Over the previous three years, Rick Allen conducted 76 trades, totaling more than $2.39 million. The largest of these were in American Water Works Co and Ameriprise Finl stock. Some of the most notable transactions the Rep. has executed recently include:
- Intuit (NASDAQ:INTU): $15,001 - $50,000 Sale
- Accenture (NYSE:ACN): $15,001 - $50,000 Sale
- American Express (NYSE:AXP): $1,001 - $15,000 Purchase
Here’s a summary of Rick Allen's most recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| Intuit | INTU | STOCK | $15,001 - $50,000 | S | 2026-06-10 |
| Us Treasury Note 4% Due 5/31/30 | $100,001 - $250,000 | P | 2026-05-19 | ||
| Accenture | ACN | STOCK | $15,001 - $50,000 | S | 2026-05-08 |
| American Express | AXP | STOCK | $1,001 - $15,000 | P | 2026-05-08 |
| Taiwan Semiconductor | TSM | STOCK | $1,001 - $15,000 | P | 2026-05-08 |
To stay updated on Rick Allen's trades and other congressional trades, try our government trades tool for live updates!
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.
The Importance of Congressional Transactions
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.
Login to comment