Alan S. Lowenthal bought DraftKings Inc (NASDAQ: DKNG)
Alan S. Lowenthal (D-CA), a U.S. Representative, has disclosed 23 trades in DraftKings Inc (DKNG) since 2020, 2 purchases and 21 sales, worth an estimated $82K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Alan S. Lowenthal bought $1,001 - $15,000 of DraftKings Inc (NASDAQ: DKNG) on January 21, 2020. Since that trade, DKNG is up +71.51% against the S&P 500 up +144.98%, an outperformance of -73.47%.
Across these filings, Alan S. Lowenthal has been a net seller of DKNG (a buy-to-sell ratio of 0.10). The most recent disclosed DKNG transaction shown was dated January 19, 2021. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Alan S. Lowenthal's DKNG trades vs the price
DKNG is up +71.51% since Alan S. Lowenthal bought on January 21, 2020, versus +144.98% for the S&P 500.
Performance since this trade
All Alan S. Lowenthal DKNG trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
Alan S. Lowenthal & DKNG trading FAQ
Is it legal for Alan S. Lowenthal to trade DraftKings Inc (DKNG) stock?
Yes. Members of Congress are allowed to trade individual stocks, including DraftKings Inc (DKNG), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Alan S. Lowenthal buy DKNG?
Alan S. Lowenthal disclosed a purchase of $1,001 - $15,000 of DraftKings Inc (DKNG) on January 21, 2020, according to public STOCK Act filings.
How has DKNG performed since Alan S. Lowenthal's trade?
Since Alan S. Lowenthal bought DKNG on January 21, 2020, the stock is up +71.51%, versus +144.98% for the S&P 500 over the same period, an outperformance of -73.47%.
How many times has Alan S. Lowenthal traded DKNG?
Alan S. Lowenthal has disclosed 23 DKNG trades since 2020 (2 purchases and 21 sales). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional DKNG trades?
Quantellect tracks every disclosed congressional trade in DraftKings Inc (DKNG) on the DraftKings Inc congressional trading page, which aggregates filings across all members of Congress.
Alan S. Lowenthal's DKNG tradesAll congressional filings for DraftKings IncAlan S. Lowenthal's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.