Since taking office in March, Senator Alan Armstrong (R-Okla.) has made hundreds of stock transactions. One of those trades by the former oil executive was buying shares of an AI company that has soared in value.
Senator Buys Nebius Stock
Sen. Armstrong bought $1,000 to $15,000 in Nebius Group NV (NASDAQ:NBIS) stock on March 30, 2026, according to data from the Benzinga Government Trades page.
That trade is one of more than 700 places by Armstrong since he took office on March 24, 2026. Armstrong replaced Markwayne Mullin in the vacant seat after Mullin left to become the Homeland Security Secretary.
Buying Nebius stock was one of the first moves by Armstrong when in office, buying shares six days after joining the U.S. Senate.
On March 30, 2026, Nebius stock traded between $89.65 and $102.24. Assuming Armstrong bought the full $15,000 in shares at the top of his purchase range, the senator could have bought 146.7 to 167.3 shares.
Today, that Nebius stock purchase would be worth between $33,520.95 and $38,228.05, resulting in a paper profit of between $18,520.95 and $23,228.05. The purchase is up over 120% and could be up over 150% if the shares were bought closer to the lows on the day Armstrong bought.
Nebius stock is up 18% Wednesday after the company reported quarterly financial results.
Armstrong’s Trading History
Armstrong is the former CEO of Williams Companies Inc (NYSE:WMB), an oil and gas company.
Among the largest transactions disclosed by Armstrong since taking office are sales of WMB stock between $5 million and $25 million. The senator also sold between $250,000 and $500,000 in WMB stock options.
Those trades are part of more than 700 trades totaling more than $25 million placed since March, according to data from Quiver Quantitative.
Most of the transactions were in the $1,000 to $15,000 and $15,000 to $50,000 transaction ranges.
The majority of the transactions made since March have been sales with $7.7 million in buying volume and $17.4 million in selling volume.
Based on the size of the trades, Armstrong is favoring technology stocks going forward and many of the top purchases were Magnificent Seven stocks. Apple, Alphabet and Nvidia were three of the senator’s five largest trades.
The STOCK Act requires members of Congress to report their stock transactions within 45 days. With the trades made by Armstrong dating back to March, they were made four months ago.
Unusual Whales flagged the disclosures, noting Armstrong reported more than 700 stock trades "with nearly all filed well beyond the STOCK Act’s 45-day reporting deadline," the account tweeted.
Unusual Whales highlighted that the current penalty is $200 for violating the STOCK Act.
“Senator Alan Armstrong just disclosed hundreds of stock trades made in late March, just days after he entered office. He JUST filed them – months past the deadline. This has got to be a record for the quickest STOCK ACT violation ever,” Quiver Quantitative tweeted.
Benzinga will continue to monitor Sen. Armstrong’s trading activity going forward.
Photo courtesy: ChristianLphoto / Shutterstock.com
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