Congressman Sells Microsoft Stock, Buys this Financial Giant Ahead of Quarterly Results

The trading activity of members of Congress remains a popular topic with retail investors. A congressman buying a stock nearing a quarterly earnings report could be a trade to watch.

• Microsoft stock is showing positive momentum. What’s the outlook for MSFT shares?

Congressman Buys Goldman Sachs Rep. Michael Rulli (R-Ohio) recently disclosed several stock transactions for September, as shown on the Benzinga Government Trades page.

The trades are: Sept. 3: Sold $1,000 to $15,000 in Wells Fargo (NYSE:WFC) stock Sept.

3: Bought $1,000 to $15,000 in Goldman Sachs (NYSE:GS) stock Sept. 28: Sold $1,000 to $15,0000 in Microsoft Corp (NASDAQ:MSFT) stock See More: Top Growth Stocks The latest trades from Rulli show the sale of Wells Fargo and Microsoft and the purchase of Goldman Sachs.

Normally this wouldn’t be too much to look at, but the fact that Goldman Sachs and Wells Fargo both report quarterly financial results on Oct. 13 is interesting.

9% year-to-date in 2026. 25 year-over-year.

The company has beaten analyst estimates for earnings per share in six straight quarters. 18 billion.

The company has beaten analyst estimates for revenue in two straight quarters and five of the last six quarters overall. Read Also: Nancy Pelosi Discloses New $1 Million Transaction, But This Time It's Not a Stock Rulli’s Trading History The congressman is one of the smaller traders in Congress with 38 trades worth around $371,000, according to data from Quiver Quantitative.

While he has a limited trading history, Benzinga previously flagged that Rulli disclosed 32 stock trades, with some reported years after they were made, violating the STOCK Act. Rulli took office in 2024 and is worth $27 million, according to data from Quiver Quantitative.

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