This House of Representative Just Bought Up To $375K In Biogen Stock - Biogen (NASDAQ:BIIB), IBM (NYSE:IB

Representative Maria Elvira Salazar of Florida disclosed a Biogen stock purchase valued between $115,010 and $375,000, with the transaction dated May 11, 2026 and filed in June. Biogen shares were trading at about $195.34 and up 1.41% on the day of the report. In the past three years, Salazar has made 68 stock trades totaling more than $3.57 million, with Biogen and Civitas Resources among the largest. Notable recent buys include Biogen in the $50,001‑$100,000 range and IBM (IBM) in the $15,001‑$50,000 range. The information is part of ongoing monitoring of congressional transactions. Under the STOCK Act, which was signed into law by President Obama in 2012, congressional members must file periodic transaction reports within 30 days from notification and disclose within 45 days of a trade. The article notes that such congressional transactions are not investment advice, but can inform public perception of potential stock trajectories. Analysts and watchdogs use the data to gauge how lawmakers' positions might align with or diverge from their official duties. The piece frames these filings as a transparency mechanism, not a trading signal.