A report on July 24, 2026 shows that Representative Pete Sessions from Texas sale stock in Ares Capital (NASDAQ:ARCC), valued between $1,001 and $15,000. According to the July filing, the transaction occurred on July 24, 2026.
At the time of writing, Ares Capital shares are trading up 1.22% at $18.86.
What Representative Has Been Trading Recently
In the past three years, Pete Sessions made 61 stock trades totaling more than $958 thousand. The largest trades involved stocks like BlackRock Utility Infr and Lockheed Martin. Their most notable trades made recently include key transactions:
- Ares Capital (NASDAQ:ARCC): $1,001 - $15,000 Sale
Here’s a summary of Pete Sessions's recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| Ares Capital | ARCC | STOCK | $1,001 - $15,000 | S | 2026-07-24 |
To stay updated on Pete Sessions's trades and other congressional trades, try our government trades tool for live updates!
Why Congressional Transactions Matter
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.
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