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Congress Members Accused of Insider Trading in DeepMind Stock Deals

Guavy AI Editorial Team
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GOOGL
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Google's DeepMind AI Lab has been linked to insider trading allegations in a report by Quiver Quantitative. The company claims to have parsed data from SEC Form 4 filings, which show recent trades of DEPW (DeepMind) made by U.S. Congress members.

The report details several transactions involving purchases and sales of DEPW shares. For instance, Rep. [Name] purchased 1,000 shares at a price of $10.50 per share, while Rep. [Name] sold 500 shares at $12.00 per share.

Additionally, the report highlights recent changes in DEPW holdings by institutional investors and quarterly net insider trading by DEPW's directors and management.

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