Congresswoman Files Hundreds Of Stock Trades Late, Including Palantir Stock Up Over 600%

Congressional stock trading bans are gaining momentum due to recent STOCK Act violations. A new disclosure by Representative Lisa McClain (R-Mich.) revealed hundreds of stock transactions dating back to March 2024, with trades occurring as recently as August 2025.

Palantir Technologies (PLTR) has emerged as a frequently traded stock among lawmakers, raising conflict-of-interest concerns due to its government contracts. McClain, previously serving on the Armed Services Committee and Cyber Subcommittee, filed the transactions on August 13.

McClain's filing included five notable Palantir trades with corresponding daily stock highs:

• June 6, 2024: Purchased $15K-$50K at $23.95 high
• August 14, 2024: Purchased $15K-$50K at $31.37 high
• October 23, 2024: Sold $50K-$100K at $43.68 high
• November 7, 2024: Purchased $100K-$250K at $56.47 high
• June 17, 2025: Purchased $1K-$15K at $141.69 high

Palantir's current price of $177.17 represents substantial gains from McClain's earlier purchases: 639.7% growth since June 2024, 464.8% since August 2024, and 213.7% since November 2024.