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In a recent congressional trade report, it was revealed that Byron Donalds, the representative for Florida’s 19th congressional district, has made several stock transactions. These transactions, which took place in January 2025, involve companies such as First Citizens BancShares, Inc. (NASDAQ:FCNCA), GoDaddy Inc. (NYSE:GDDY), Merck (NSE:PROR) & Company, Inc. (NYSE:MRK), and RLI Corp . (NYSE:RLI).
The report indicates that Donalds purchased stocks of First Citizens BancShares and GoDaddy. Specifically, he bought stocks of First Citizens BancShares on January 21 and 16, and GoDaddy on January 21 and 16, with each transaction valued between $1,001 and $15,000.
These purchases were made through his Moran Wealth Individual Retirement Account (IRA). Want to make informed investment decisions like professionals? InvestingPro offers exclusive Fair Value estimates and financial health scores for these and other major stocks.
In addition to these purchases, Donalds also sold stocks of Merck & Company and RLI Corp. The sales of Merck & Company stocks occurred on January 16, while the RLI Corp stocks were sold partially on January 16 and fully on January 21. Each of these sales was also valued between $1,001 and $15,000 and were made through the same Moran Wealth IRA.
These transactions demonstrate Donalds’ active engagement in the stock market. As a member of Congress, his trading activities are closely watched and periodically reported to maintain transparency and ethical standards. It is important to note that this report does not indicate any illegal or unethical behavior on the part of Donalds. His transactions are a part of his personal investment strategy, managed through his IRA.
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