Congressman Van Epps sells six Magnificent Seven stocks
Congressman Matthew Van Epps disclosed selling $129,000 worth of stocks on June 16, including positions in six Magnificent Seven companies. These sales mark his first disclosed trades since joining Congress following a special election in 2025. The transactions involved only sales, with no purchases reported.
*this image is generated using AI for illustrative purposes only.
Congressman Matthew Van Epps (R-Tenn.) recently disclosed selling $129,000 worth of stocks, including positions in six of the Magnificent Seven companies. The sales, made on June 16, represent the first disclosed trades by Van Epps since he joined Congress. The transactions are notable as they involve major technology holdings and consist entirely of sales, with no purchases reported.
Breakdown of Transactions
All transactions were sales executed on June 16. The following table details the stocks sold by the congressman:
| Stock | Exchange | Ticker | Amount Sold |
|---|---|---|---|
| Apple | NASDAQ | AAPL | $1,000 to $15,000 |
| Amazon.com | NASDAQ | AMZN | $1,000 to $15,000 |
| GE Aerospace | NYSE | GE | $1,000 to $15,000 |
| GE Vernova | NYSE | GEV | $1,000 to $15,000 |
| Alphabet Inc | NASDAQ | GOOGL | $1,000 to $15,000 |
| International Business Machines | NYSE | IBM | $1,000 to $15,000 |
| Intel | NASDAQ | INTC | $1,000 to $15,000 |
| Southwest Airlines | NYSE | LUV | $1,000 to $15,000 |
| Meta Platforms | NASDAQ | META | $1,000 to $15,000 |
| Microsoft Corporation | NASDAQ | MSFT | $1,000 to $15,000 |
| NVIDIA Corporation | NASDAQ | NVDA | $1,000 to $15,000 |
| Tapestry | NYSE | TPR | $15,000 to $50,000 |
| ExxonMobil | NYSE | XOM | $1,000 to $15,000 |
Trading History and Context
Van Epps won a special election in 2025 and has been a member of Congress since. According to data from Quiver Quantitative, the congressman has disclosed only the $129,000 in sales and made no purchases since joining Congress. The lack of prior purchase disclosures indicates that Van Epps owned the stocks before taking office, making it difficult to determine whether he realized a profit on the trades.
Does this complete divestiture suggest Van Epps plans to adopt a blind trust or avoid holding individual stocks entirely during his tenure?
How might these sales influence upcoming legislative discussions regarding antitrust policies or regulations targeting the 'Magnificent Seven' technology giants?
Could this move signal a broader trend among new congressional members to liquidate personal holdings to preempt potential conflicts of interest?
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