King of insider trades is back with $360k worth of stock trades

After taking a months-long pause in his stock trades following the release of a trading bot that mimics his stock market activity, a United States Senator from Alabama, Tommy Tuberville, seems to be back, as he has filed nearly $360,000 worth of stock sales and purchases.

Indeed, amid the debate about whether the U.S. Congress and Senate members should be able to carry out stock trades given their positions and access to exclusive information, Senator Tuberville has filed five stock sales and one purchase, according to the filing from September 13.

Which stocks Tommy Tuberville traded recently?

Specifically, as the data shows, this U.S. politician has sold up to $50,000 worth of Apple (NASDAQ: AAPL) stocks, up to $15,000 in CVS (NYSE: CVS) shares, up to $100,000 in Eaton Vance Floating Rate Fund (MUTF: EIBLX), up to $50,000 in Medtronic (NYSE: MDT), and up to $50,000 in United Parcel Service (NYSE: UPS).

On the other hand, his only reported stock purchase is that of mutual fund American Funds Bond Fund of America (ABNFX) F2 class, of which Senator Tuberville has bought up to $100,000 in value, and which took place on August 26, like the rest of his most recently reported stock trades.

As a reminder, Senator Tuberville had stopped reporting his stock trades earlier this year following the release of his trading bot by Nancy Pelosi Stock Tracker, the platform following U.S. politicians’ stock market activity, making a break in the 38 consecutive months of trading, as Finbold reported on August 28.

Given their position, which makes them privy to information unavailable to ‘regular’ stock market traders, it is no surprise that many members of the public feel resentful towards U.S. politicians trading stocks, particularly those sitting in committees that make policies directly or indirectly affecting stocks’ price.

As for Senator Tuberville, he sits in the Committee on Agriculture, Nutrition, and Forestry, the Committee on Armed Services, the Committee on Health, Education, Labor, and Pensions, as well as the Committee on Veterans’ Affairs, according to the most recent Senate data.

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