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Recent Report Shows That Rep. Laurel Lee Sold Up to $100K Worth of Bank of America Stock

Benzinga·10/19/2026 15:00:05
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October 16, 2026 records indicate that Representative Laurel Lee filed a sale of Bank of America (NYSE:BAC), valued between $50,001 and $100,000. According to the October filing, the transaction occurred on August 24, 2026.

Currently, Bank of America shares are trading down 0.0683% at $51.2.

What Representative Has Been Trading Recently

In the last three years, Laurel Lee completed 24 stock transactions totaling more than $679 thousand. Alibaba Gr Holding and TuHURA Biosciences stocks were among the largest trades. Some of the most notable transactions the Rep. has executed recently include:

  • Bank of America (NYSE:BAC): $50,001 - $100,000 Sale
  • NOKIA A SHS by Nokia Corp. (OTC:NOKBF): $15,001 - $50,000 Purchase

Here’s a summary of Laurel Lee's recent trades:

Company Ticker Stock Type Amount Transaction Type Transaction Date
NOKIA A SHS by Nokia Corp. NOKBF STOCK $15,001 - $50,000 P 2026-09-18
Bank of America BAC STOCK $50,001 - $100,000 S 2026-08-24

To keep an eye on Laurel Lee's trades and other government stock activity, check out our real-time tracking tool!

The Importance of Congressional Transactions

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.

The Importance of Congressional Transactions

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.