Richard W. Allen's Trade Disclosure
Politician Richard W. Allen, a Republican representing Georgia's 12th district, disclosed several financial transactions in a filing dated June 19, 2025. On May 16, 2025, Allen executed three notable trades:
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Thermo Fisher Scientific Inc (TMO): Allen sold shares of Thermo Fisher Scientific Inc, valued between $15,001 and $50,000. This transaction was conducted through his subholding, R.W. Allen & Associates. The sale indicates a potential shift in investment strategy or portfolio rebalancing involving this healthcare and laboratory equipment provider.
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U.S. Treasury Bill (912797MS3): Allen purchased a U.S. Treasury Bill due on October 2, 2025, with a transaction value between $1,001 and $15,000. This investment, made under subholding SCH1, suggests a move towards a more conservative, short-term fixed-income asset, likely as a means to preserve capital or manage liquidity.
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Netflix, Inc. (NFLX): In a contrasting move to his sale of TMO shares, Allen bought shares of Netflix, Inc., valued between $15,001 and $50,000, again through R.W. Allen & Associates. This acquisition indicates confidence in the streaming service's growth prospects or potential undervaluation in the market.
These trades reflect a strategic realignment in Allen's investment portfolio, balancing between growth-oriented stocks and the stability of government securities.
Transaction Date | Type | Symbol | Amount | Notes |
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May 16, 2025 | Sell | $15,001 - $50,000 | Thermo Fisher Scientific Inc Common Stock (TMO) [ST] FILING STATUS: New SUBHOLDING OF: R.W. Allen & Associates, | |
May 16, 2025 | Buy | $15,001 - $50,000 | Netflix, Inc. - Common Stock (NFLX) [ST] FILING STATUS: New SUBHOLDING OF: R.W. Allen & Associates, | |
May 16, 2025 | Buy | $1,001 - $15,000 | US Treasury Bill 912797MS3 DUE 10/02/25 [GS] FILING STATUS: New SUBHOLDING OF: SCH1 |