On January 15, 2025, Congressman Bill Keating, a Democrat representing Massachusetts' 9th district, filed a financial disclosure revealing recent stock trades. On January 7, 2025, Keating executed two significant transactions.
Firstly, he purchased shares of Amazon.com, Inc. (AMZN), with the transaction valued between $1,001 and $15,000. This acquisition indicates a potential confidence in Amazon's market performance or strategic positioning within the e-commerce and technology sectors.
On the same day, Keating sold shares of Airbnb, Inc. (ABNB), also valued between $1,001 and $15,000. This divestment may suggest a reallocation of investment focus or a response to market conditions affecting the travel and hospitality industry, particularly those impacting Airbnb.
These transactions reflect Keating's active engagement in managing his investment portfolio, with a focus on high-profile technology and service-oriented companies.