--- title: "Ohio Rep. Robert Latta Bought Up to $15K Worth of Farmers & Merchants Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/284240547.md" description: "Ohio Representative Robert Latta reported purchasing Farmers & Merchants (NASDAQ:FMAO) stock valued between $1,001 and $15,000 on April 20, 2026. The stock is currently trading up 1.35% at $26.64. Under the STOCK Act, members of Congress must disclose stock transactions to prevent insider trading. While congressional transactions can influence investment decisions, they should not be the sole factor in making investment choices." datetime: "2026-04-27T15:00:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284240547.md) - [en](https://longbridge.com/en/news/284240547.md) - [zh-HK](https://longbridge.com/zh-HK/news/284240547.md) --- # Ohio Rep. Robert Latta Bought Up to $15K Worth of Farmers & Merchants Stock A April filing shows that Representative Robert Latta reported a purchase in Farmers & Merchants (NASDAQ:FMAO), valued between $1,001 and $15,000. The transaction date is listed as April 20, 2026, with the report published on April 24, 2026. At present, Farmers & Merchants shares are trading up 1.35% at $26.64. To keep an eye on Robert Latta's trades and other government stock activity, check out our real-time tracking tool! ### Why Congressional Transactions Matter A congressional transaction is when any representative or senator either buys or sells an individual stock. Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date. In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure. ### Why Congressional Transactions Matter Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider. When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise. A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down. _This article was generated by Benzinga's automated content engine and reviewed by an editor._ ### Related Stocks - [FMAO.US](https://longbridge.com/en/quote/FMAO.US.md) ## Related News & Research - [House panel looking into NEET, OSM issues seeks answers from NTA, CBSE](https://longbridge.com/en/news/288967627.md) - [Palo Alto Networks Delivers Strong FCF Margins - Is PANW Worth $350?](https://longbridge.com/en/news/289060221.md) - [Tom Lee's 'BitMine bought the bloodbath': BMNR reports $213M worth of Ethereum purchase](https://longbridge.com/en/news/289065036.md) - [BASF to focus on creating value as No. 1 rank slips](https://longbridge.com/en/news/289169138.md) - [SOPHiA GENETICS Confirms Leadership Transition Ahead of 2026 Annual General Meeting | SOPH Stock News](https://longbridge.com/en/news/289323746.md)