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A Congressman who traded $11.5 million keeps selling stocks, including shares of Alphabet and AbbVie.

MarketRead the original at benzinga.com
Neutral

A disclosed Sept. 14 sale of $15,000–$50,000 of Alphabet Class A is real but tiny against Alphabet's $4.29T market cap and may be for tax or legal reasons, so it does not change the company's view.

GOOGL · Alphabet Inc.

AI read · Neutral

The AI's read

A disclosed Sept. 14 sale of $15,000–$50,000 of Alphabet Class A by Rep. Pete Sessions is a real trade but tiny versus Alphabet's $4.29T size and may reflect tax or legal reasons, so I read it as neutral for Alphabet.

ABBV · AbbVie Inc.

AI read · Neutral

The connection

A disclosed Sept. 14 sale of $15,000–$50,000 of AbbVie is small relative to AbbVie's size and could be for tax or legal reasons, so it does not change the company's view.

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