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ANALYSISActivity Spike

Five Lawmakers Show Sharp Spike in Trading Velocity

Chad
·Thursday, May 21, 2026

Mark Warner leads the group with a velocity z-score of 6.87, filing 43 trades over the past 90 days against a baseline of just 1.28 trades per month. The Virginia senator sold HYLS on March 30 and bought TEAM near April 13, positions that showed quick gains in subsequent weeks. Maria Elvira Salazar follows closely with a z-score of 5.97 and 37 trades in the same window, well above her prior monthly average of 1.88. The Florida representative added shares of GLW, MRVL, and MSFT during March and April filings.

Ed Case posted a z-score of 5.95 despite a lower absolute count of three trades, a steep rise from his 0.2 monthly baseline. The Hawaii representative disclosed an AAPL purchase well after the 45-day STOCK Act window. Tina Smith of Minnesota recorded a 5.59 z-score with six trades against a 0.42 monthly norm, while Gilbert Cisneros of California executed 243 trades at a 4.18 z-score, continuing elevated volume from a 23.4 monthly baseline.

These patterns emerge from public STOCK Act filings and show concentrated activity across both parties and chambers. Warner and Salazar focused on technology and materials names, while Case and Smith added consumer and industrial holdings. The timing of several purchases coincided with sector rebounds, though broader market context and individual portfolio goals also factor into the data.

No evidence of illegal conduct appears in the filings, yet the velocity increases invite closer scrutiny of access and disclosure timing. This is data analysis, not financial advice.

Mentioned in this article

HYLSTEAMGLWMRVLMSFTAAPLMark R WarnerMaria Elvira SalazarEd CaseTina SmithGilbert Cisneros

This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.