Politics

Senator Angus King Jr. Ditches Stocks in 2026 After 7 Months

Sen. Angus King Jr. disclosed full dispositions of nine stock positions on February 13, 2026, per Quiver Quantitative. The exits span Autodesk, Blackstone, Eli Lilly, Meta Platforms, Microsoft, Netflix, On Holding, PayPal, and Uber, with all holdings sold in full. The move, seven months into 2026, highlights how lawmakers’ trading can influence investor sentiment around tech and healthcare names.

📅 March 30, 2026
⏱️ 2 min read
Senator Angus King Jr. Ditches Stocks in 2026 After 7 Months

Key Takeaways

  • King fully sold nine stocks on Feb 13, 2026, including ADSK, BX, LLY, META, MSFT, NFLX, ONON, PYPL and UBER.
  • He has a history of around 125 trades dating back to 2014, totaling over $1.8 million in transactions.
  • Purchases in July 2025 (and Lilly in Dec 2025) contrast with a block of holdings bought earlier and not sold: XOM, NVDA, GOOGL, JPM, BAC, AMD.
  • Data source is Quiver Quantitative, with Benzinga’s Government Trades page noted for tracking lawmakers' trades; SEC Form 4 details aren’t provided in the article.

People Involved

  • Angus King Jr. U.S. Senator

Entities Involved

  • Autodesk, Inc. (ADSK) Stock sold in the Feb 13, 2026 dispositions
  • Blackstone Inc. (BX) Stock sold in the Feb 13, 2026 dispositions
  • Eli Lilly and Company (LLY) Stock sold in the Feb 13, 2026 dispositions
  • Meta Platforms, Inc. (META) Stock sold in the Feb 13, 2026 dispositions
  • Microsoft Corporation (MSFT) Stock sold in the Feb 13, 2026 dispositions
  • Netflix, Inc. (NFLX) Stock sold in the Feb 13, 2026 dispositions
  • On Holding AG (ONON) Stock sold in the Feb 13, 2026 dispositions
  • PayPal Holdings, Inc. (PYPL) Stock sold in the Feb 13, 2026 dispositions
  • Uber Technologies, Inc. (UBER) Stock sold in the Feb 13, 2026 dispositions
  • Exxon Mobil Corporation (XOM) Not sold; purchased July 2025
  • NVIDIA Corporation (NVDA) Not sold; purchased July 2025
  • Alphabet Inc. (GOOGL) Not sold; purchased July 2025
  • JPMorgan Chase & Co. (JPM) Not sold; purchased July 2025
  • Bank of America Corporation (BAC) Not sold; purchased July 2025
  • Advanced Micro Devices, Inc. (AMD) Not sold; purchased July 2025

MarketMoodz Analysis

For investors, the King's moves highlight how political risk and lawmakers' trading activity can tilt sentiment in high-beta equities. The sale of a nine-stock block that includes several Magnificent Seven components may weigh on near-term growth multiples, especially if viewed within ongoing policy discussions around tech antitrust, data privacy, and healthcare pricing.

Historically, congressional trading disclosures have sparked scrutiny and regulatory debate, pressuring investors to track Form 4 filings and quarterly disclosures for clarity. While King's dispositions are not a definitive signal of policy shifts, they contribute to a broader pattern that can influence risk appetite during periods of policy ambiguity.

What to watch next: SEC Form 4 filings for exact timing and size of trades; additional lawmakers' activity; updates on Benzinga's Government Trades tracker; and potential regulatory actions that could affect tech and healthcare names.

Source: Original Article

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