EverHint - US Congressional Trading Activity — January 12-16, 2026 — Weekly Snapshot

Executive Summary

Congressional trading activity remained subdued this week with just 16 transactions across 7 members from both chambers. The most significant move came from Sen. Tommy Tuberville (R-AL), who completely liquidated his Apple position valued between $50,001-$100,000, marking the largest transaction of the week. The broader pattern showed mixed signals in technology stocks, with members reducing exposure to consumer tech and enterprise software while selectively adding positions in small-cap ETFs and telecommunications. Most transactions fell in the smallest disclosure brackets ($1,001-$15,000), suggesting routine portfolio maintenance rather than high-conviction repositioning.

Activity Breakdown

*One member (Linda Sanchez) appears in both Senate and House data—likely data classification issue

Net Signal: Bearish (4 purchases vs 12 sales, 2 full liquidations)

Size Distribution:

• $50,001 - $100,000: 1 transaction (Sen. Tuberville AAPL full sale)
• $15,001 - $50,000: 3 transactions
• $1,001 - $15,000: 12 transactions

Ownership Distribution:

• Direct (Self): 6 transactions
• Spouse: 2 transactions
• Joint: 3 transactions
• Unspecified: 5 transactions

Top Notable Transactions

🔴 Sen. Tommy Tuberville (R-AL) - Strong Bearish Signal

• Stock: AAPL (Apple Inc)
• Transaction: Sale (Full), $50,001 - $100,000
• Context: Complete liquidation of Apple position by Armed Services Committee member, largest transaction of the week. Sale executed mid-December as stock approached all-time highs.

🟢 Rep. Julia Letlow (R-LA) - Moderate Bullish Signal

• Stock: AAPL (Apple Inc)
• Transaction: Purchase, $15,001 - $50,000
• Context: Significant Apple purchase from October 2024 disclosed this week. Second-largest transaction, contrasts sharply with Tuberville's full sale.

🔴 Rep. Steve Cohen (D-TN-09) - Moderate Bearish Signal

• Stock: GS (Goldman Sachs Group)
• Transaction: Sale, $15,001 - $50,000
• Context: Financial Services Committee member reduces Goldman Sachs exposure as banking sector faces regulatory scrutiny.

🔴 Rep. Sheri Biggs (R-SC-03) - Weak Bearish Signal

• Asset: UBS Group AG Corporate Bond
• Transaction: Sale via Joint ownership, $15,001 - $50,000
• Context: Bond position liquidation may signal rotation out of fixed income or concerns about European banking exposure.

🟢 Rep. Dan Newhouse (R-WA-04) - Weak Bullish Signal

• Stock: TMUS (T-Mobile US Inc)
• Transaction: Purchase via Spouse, $1,001 - $15,000
• Context: Energy & Commerce Committee member adds telecom infrastructure exposure through spousal account.

🟢 Sen. John Boozman (R-AR) - Weak Bullish Signal

• Stock: IJR (iShares Core S&P Small-Cap ETF)
• Transaction: Purchase via Joint ownership, $1,001 - $15,000
• Context: Diversification into small-cap index fund, executed during holiday week when small-caps showed relative strength.

🔴 Sen. Markwayne Mullin (R-OK) - Weak Bearish Signal

• Stock: PRMB (Primo Brands Corp)
• Transaction: Sale (Full), $1,001 - $15,000
• Context: Complete liquidation of consumer goods position, smallest full sale of the period.

🟠 Sen. Mitch McConnell (R-KY) - Neutral

• Stock: LAZR (Luminar Technologies)
• Transaction: Sale (Partial) via Spouse, $1,001 - $15,000
• Context: Senate Minority Leader's spouse reduces lidar technology exposure. Luminar trades at multi-year lows.

🟠 Sen. John Boozman (R-AR) - Neutral

• Stock: BSX (Boston Scientific)
• Transaction: Sale (Partial) via Joint ownership, $1,001 - $15,000
• Context: Healthcare sector partial reduction, member maintains position but takes some profits.

🔴 Rep. Gilbert Cisneros (D-CA-31) - Weak Bearish Signal

• Stock: NFLX (Netflix)
• Transaction: Sale, $1,001 - $15,000
• Context: Streaming service reduction as Netflix faces content spending pressures.

🔴 Rep. Josh Gottheimer (D-NJ-05) - Weak Bearish Signal

• Stock: NOW (ServiceNow)
• Transaction: Sale via Joint ownership, $1,001 - $15,000
• Context: Enterprise software exposure reduced despite sector strength.

🔴 Rep. Rick Larsen (D-WA-02) - Weak Bearish Signal

• Stock: VRSK (Verisk Analytics)
• Transaction: Sale, $1,001 - $15,000
• Context: Data analytics position liquidated in early January, most recent transaction in the dataset.

🔴 Sen. Linda Sanchez (CA) - Weak Bearish Signal

• Stock: CSCO (Cisco Systems)
• Transaction: Sale, $1,001 - $15,000
• Context: Legacy networking equipment divestment. Transaction from October, disclosed in January.

Pattern Analysis

Apple Divergence (2 transactions, opposite directions)

• Net Signal: Strongly Mixed
• Sen. Tuberville: Full sale ($50-100K) - largest transaction
• Rep. Letlow: Purchase ($15-50K) - second-largest transaction
• Context: Rare direct disagreement on same stock by different members. Tuberville's December sale caught Apple near highs; Letlow's October purchase (disclosed late) came during prior dip.

Tech Sector Retreat (8 transactions across 6 stocks)

• Net Signal: Bearish
• Sales: AAPL, NFLX, NOW, VRSK, CSCO, LAZR (6 sales)
• Purchases: TMUS, AAPL (1 telecom buy, 1 legacy stock buy)
• Context: Members reducing consumer tech and enterprise software exposure, rotating toward infrastructure plays like T-Mobile.

Full Liquidations Signal Conviction (2 complete sales)

• Signal: Strong Bearish (for specific names)
• Sen. Tuberville: AAPL ($50-100K) - mega-cap tech exit
• Sen. Mullin: PRMB ($1-15K) - consumer goods exit
• Context: Complete position exits suggest members see better opportunities elsewhere or risk concerns.

Healthcare Sector Adjustment (1 transaction)

• Sen. Boozman: Partial sale of Boston Scientific ($1-15K)
• Signal: Neutral - position maintained, profit-taking

Financial Sector Caution (2 transactions)

• Rep. Cohen: Goldman Sachs sale ($15-50K)
• Rep. Biggs: UBS bond sale ($15-50K)
• Context: Financial Services Committee member reducing major bank exposure alongside European banking bond liquidation.

Spousal/Joint Account Activity (5 transactions)

• 31% of transactions executed through family accounts
• Pattern: Standard practice for portfolio diversification
• Notable: McConnell spouse LAZR sale, Newhouse spouse TMUS buy
• Context: Family account trading complicates direct signal interpretation.

Chamber Breakdown

Senate (7 transactions, 4 members)

• Net Signal: Strongly Bearish (1 buy vs 6 sales)
• Members: Tuberville (AL), Boozman (AR), McConnell (KY), Mullin (OK)
• Dominant Pattern: Tech sector reduction, two full liquidations
• Notable: Tuberville's $50-100K AAPL full sale dominates Senate activity
• Key Sectors: Technology (5), Healthcare (1), Small-Cap ETF (1)

House (9 transactions, 6 members)

• Net Signal: Moderately Bearish (3 buys vs 6 sales)
• Members: Letlow (LA), Newhouse (WA), Cohen (TN), Biggs (SC), Larsen (WA), Gottheimer (NJ), Cisneros (CA)
• Dominant Pattern: Selective tech rotation, late disclosure timing
• Notable: Letlow's October AAPL purchase disclosed 3+ months late
• Key Sectors: Technology (6), Financials (2), Telecom (1)

Sector Analysis

Technology (11 transactions)

• Net Signal: Bearish (-7 net sales)
• Sales: AAPL (full), NFLX, NOW, VRSK, CSCO, LAZR (partial)
• Purchases: AAPL, TMUS
• Analysis: Clear tech sector reduction with 11 of 16 total transactions. Members exiting consumer tech and enterprise software while selectively adding telecom infrastructure.

Financials (2 transactions)

• Net Signal: Bearish (-2 net sales)
• Sales: GS ($15-50K), UBS bond ($15-50K)
• Analysis: Financial Services Committee member reducing major bank exposure. Bond liquidation suggests fixed income rotation.

Healthcare (1 transaction)

• Net Signal: Neutral (partial sale)
• Sale: BSX (partial, $1-15K)
• Analysis: Profit-taking in medical device sector, position maintained.

Consumer Goods (1 transaction)

• Net Signal: Bearish (full liquidation)
• Sale: PRMB (full, $1-15K)
• Analysis: Complete exit from beverage/water company.

Small-Cap Broad Market (1 transaction)

• Net Signal: Bullish (+1 net purchase)
• Purchase: IJR ETF ($1-15K)
• Analysis: Diversification into small-cap index during period of relative small-cap strength.

Committee-Relevant Trading

Energy & Commerce Committee

• Rep. Dan Newhouse (WA-04): Purchased TMUS ($1-15K via spouse)
• Context: Committee overseeing telecommunications sector. Member adds T-Mobile exposure as 5G rollout continues.

Financial Services Committee

• Rep. Steve Cohen (TN-09): Sold GS ($15-50K)
• Context: Committee member with banking oversight reducing Goldman Sachs exposure during regulatory discussion period.

Armed Services Committee

• Sen. Tommy Tuberville (AL): Sold AAPL (full, $50-100K)
• Context: While committee focuses on defense, AAPL has significant DoD contracts for devices/services. Full liquidation is notable.

Notable: No defense contractor trading this period despite ongoing Pentagon budget negotiations.

Timing and Context

Legislative Context:

• No major committee hearings directly correlated with traded stocks this week
• Transactions occurred during standard 30-45 day disclosure window
• Most trades executed mid-to-late December 2025, disclosed January 2026

Market Context:

• Apple (AAPL): Trading near all-time highs during Tuberville's December sale window
• Tech sector: Mixed performance with mega-caps strong, small/mid-caps under pressure
• Goldman Sachs: Banking sector volatility around year-end regulatory discussions
• Small-caps: Showing relative strength vs. large-caps during Boozman's IJR purchase

Notable Timing:

• Rep. Letlow's AAPL purchase from October 2024 disclosed 3+ months late (unusual delay)
• Sen. Tuberville's AAPL full sale executed at stock highs (good timing)
• Rep. Larsen's VRSK sale on Jan 7, 2026 most recent transaction (shortest disclosure lag)

Disclosure Lag Analysis:

• Average lag: ~30-40 days
• Longest lag: Letlow AAPL (3+ months from October 2024)
• Shortest lag: Larsen VRSK (disclosed Jan 15, traded Jan 7 = 8 days)

Market Implications

The modest trading volume and small transaction sizes this week suggest congressional members are in portfolio maintenance mode rather than making high-conviction bets. However, the concentrated selling in technology stocks—11 of 16 total transactions—points to a consistent theme: members are reducing exposure to consumer-facing tech and enterprise software while selectively adding infrastructure plays.

Sen. Tuberville's complete Apple liquidation at the $50-100K level stands out as the week's most significant signal. As a member of the Armed Services Committee with visibility into defense contractor relations, his decision to fully exit Apple (a major DoD supplier) during the stock's run to all-time highs could indicate either profit-taking at perceived peak valuations or concerns about near-term headwinds. The direct contradiction with Rep. Letlow's earlier Apple purchase (disclosed this week from October) highlights the diversity of views among members, though the 3-month disclosure delay complicates interpretation.

The pattern of small transactions ($1-15K range) across multiple tech names suggests members are trimming positions rather than panicking. The rotation into T-Mobile by Rep. Newhouse (Energy & Commerce Committee) and the small-cap ETF purchase by Sen. Boozman indicate some members see value in infrastructure and diversified small-cap exposure. Financial sector selling by Rep. Cohen aligns with broader market concerns about banking sector headwinds, particularly notable given his Financial Services Committee role.

The high percentage of spousal and joint account transactions (31%) continues a common pattern that complicates direct signal interpretation. These family account trades often represent long-term portfolio management decisions rather than time-sensitive tactical moves. The absence of any defense contractor trading despite ongoing Pentagon budget discussions, and no cryptocurrency activity despite significant digital asset price movements, are notable omissions that may simply reflect this particular cohort's portfolio preferences.

Key Takeaways

• Low Activity Week: Only 7 members active across 16 transactions—well below typical weekly average
• Tech Sector Rotation: 11 of 16 transactions in technology, with net selling pressure across consumer tech and enterprise software
• Tuberville's Apple Exit: Largest transaction at $50-100K, complete liquidation near stock highs
• Size Matters (or Doesn't): 75% of transactions in smallest bracket ($1-15K), suggesting routine rebalancing not conviction
• Apple Divergence: Rare opposite-direction trading on same stock (Tuberville full sale vs. Letlow purchase) shows member disagreement
• Financial Sector Caution: Committee member reducing Goldman Sachs exposure, European bond liquidation
• Infrastructure Play: Telecom addition (TMUS) by committee member suggests selective tech sector optimism
• Full Liquidations Signal: Two complete exits (AAPL, PRMB) indicate stronger conviction than partial sales
• Spousal Account Activity: 31% of trades via family accounts complicates signal interpretation
• Disclosure Timing: One 3+ month delay (Letlow AAPL) raises questions about reporting compliance

Final Observations

This week's congressional trading reflects a relatively quiet period with no major red flags in terms of suspicious timing or insider-looking activity. The modest transaction sizes and routine nature of most trades suggest members are maintaining portfolios rather than acting on specific information. However, the consistent tech sector selling theme across both chambers and multiple members warrants monitoring in coming weeks to see if this pattern intensifies or reverses.

The contrast between Sen. Tuberville's major Apple liquidation and Rep. Letlow's earlier purchase (disclosed this week) serves as a reminder that congressional members—like all investors—have different time horizons, risk tolerances, and portfolio strategies. The 30-45 day disclosure lag means these transactions reflect market conditions from late December, when uncertainty around Fed policy, AI investment sustainability, and tech valuations were key themes.

📊 If this analysis helped your research, a like, share, or subscribe supports continued congressional trading transparency work at EverHint.

Independent, data-driven congressional trading transparency.
No hype. No promotions. Just experimental monitoring from EverHint.

This is not financial advice. Congressional disclosures have many motivations and 30-45 day lag times.
Do your own due diligence.
See https://www.everhint.com/disclaimer/ and https://www.everhint.com/faqs/