Virginia Foxx, U.S. Representative

Virginia Foxx

RepublicanNC05houseFiled Jan 6, 2025
22 total filings on record
Trades
15
Tickers
15
Max Value
$50K-$100K
Timing Flags
2

Price Movement Since Trade

How each stock has moved from the trade date to the most recent close.

$ABBV✓ GOOD CALL
Health Care
Trade Day
$176.19
Dec 6, 2024
Current
$211.32
Apr 30, 2026
Change
+19.94%
+$35.13
$ASC✗ BAD SELL
Trade Day
$11.33
Dec 6, 2024
Current
$17.72
Apr 30, 2026
Change
+56.40%
+$6.39
$PBA✗ BAD SELL
Energy
Trade Day
$39.44
Dec 6, 2024
Current
$46.52
Apr 30, 2026
Change
+17.95%
+$7.08

Suspicious Timing Detected

2 flags
1.

Rep. Foxx bought $1K-$15K in $JNJ on Dec 6, 2024 — 62 days before HR1062 (Growing and Preserving Innovation in America Act of 2025) was introduced, a bill that would permanently lock in higher tax deductions for US multinationals, directly benefiting Johnson & Johnson's foreign IP income.

2.

Rep. Foxx bought $1K-$15K in $BMY on Dec 6, 2024 — 77 days before HR1492 was introduced, a bill that would extend Medicare price negotiation safe harbors for small-molecule drugs from 7 to 11 years, shielding Bristol-Myers Squibb's drug portfolio from earlier price negotiations.

These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.

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All Transactions

BUY$1K-$15K
$ABBVAbbVie Inc. Common Stock (ABBV)
$176.19 \u2192 $211.32+19.9%
Dec 6, 2024 \u2022 self
BUY$1K-$15K
$AEPAmerican Electric Power Company, Inc. (AEP)
$95.85 \u2192 N/A
Dec 6, 2024 \u2022 self
BUY$1K-$15K
$AMGNAmgen Inc. - Common Stock (AMGN)
$272.58 \u2192 N/A
Dec 6, 2024 \u2022 self
BUY$1K-$15K
$BMYBristol-Myers Squibb Company Common Stock (BMY)
Dec 6, 2024 \u2022 self
BUY$1K-$15K
$DUKDuke Energy Corporation (DUK)
$112.10 \u2192 N/A
Dec 6, 2024 \u2022 self
BUY$1K-$15K
$EFCEllington Financial Inc. 7.00% Series D Cumulative Perpetual Redeemable Preferred Stock (EFC$D)
Dec 30, 2024 \u2022 self
BUY$1K-$15K
$JNJJohnson & Johnson Common Stock (JNJ)
$149.31 \u2192 N/A
Dec 6, 2024 \u2022 self
BUY$1K-$15K
$PSAPublic Storage Common Stock (PSA)
$334.00 \u2192 N/A
Dec 6, 2024 \u2022 self
SELL$50K-$100K
$TAT&T Inc. Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Perpetual Preferred Stock, Series A (T$A)
Dec 6, 2024 \u2022 self
PARTIAL SELL$50K-$100K
$PBAPembina Pipeline Corp. Ordinary Shares (PBA)
$39.44 \u2192 $46.52+18.0%
Dec 6, 2024 \u2022 self

Connected Legislative Activity

3 signals

These bills and contracts share tickers or sectors with this filing's trades.

BillHR1492bullish

To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program.

HR1492 retroactively extends the Medicare price negotiation safe harbor for small-molecule drugs from 7 to 11 years, matching biologics. This shields billions in revenue for major pharma companies, particularly pure-play small-molecule firms like Vertex and large players with top-selling Part D drugs like Pfizer, Bristol-Myers Squibb, and Gilead. The bill is early-stage with 67 cosponsors and a Republican sponsor, giving it moderate momentum.

Feb 21, 2025
BMYGILDLLYMRKPFEVRTX
BillHR1062bullish

Growing and Preserving Innovation in America Act of 2025

HR1062 permanently locks in higher FDII and GILTI deductions for US multinationals, preventing a ~3.3 ppt effective tax rate increase on foreign IP income scheduled for 2026. This directly boosts after-tax net income for companies with large international revenue streams, including MSFT, AAPL, GOOGL, AMZN, NVDA, JNJ, PFE, KO, and PG. The bill is in early committee stage — structural impact is contingent on passage through the 119th Congress.

Feb 6, 2025
AAPLAMZNGOOGLJNJKOMSFT
BillHR1148bearish

SMARTER Act

The SMARTER Act (HR1148) introduces direct bearish policy risk for the smart grid ecosystem. The bill removes federal support for smart grid cost recovery and requires states to consider banning ratepayer cost recovery entirely. Pure-play supplier Itron ($ITRI) faces the highest revenue exposure, with a 30-day decline of -5.44% and current price at $84.75 near its 52-week low of $78.53. Major utilities NextEra ($NEE), Duke ($DUK), and Sempra ($SRE) face regulatory uncertainty that could slow their multi-billion dollar grid modernization programs, though their diversified rate bases partially buffer the near-term impact. The bill is early-stage (referred to committee Feb 2025), but its legislative direction is unambiguous and negative for smart grid investment.

Feb 7, 2025
DUKITRINEESRE

Other Filings by Virginia Foxx

Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.