Jim McDermott sold Goldman Sachs Group Inc (NYSE: GS)
Jim McDermott (D-WA), a U.S. Representative, has disclosed 2 trades in Goldman Sachs Group Inc (GS) since 2014, 1 purchase and 1 sale, worth an estimated $65K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Jim McDermott sold $15,001 - $50,000 of Goldman Sachs Group Inc (NYSE: GS) on November 20, 2014. Since that trade, GS is up +550.96% against the S&P 500 up +330.84%, an outperformance of +220.12%.
Across these filings, Jim McDermott has been a balanced trader of GS (a buy-to-sell ratio of 1.00). The most recent disclosed GS transaction shown was dated September 22, 2015. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Jim McDermott's GS trades vs the price
GS is up +550.96% since Jim McDermott sold on November 20, 2014, versus +330.84% for the S&P 500.
Performance since this trade
All Jim McDermott GS trades
Jim McDermott & GS trading FAQ
Is it legal for Jim McDermott to trade Goldman Sachs Group Inc (GS) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Goldman Sachs Group Inc (GS), 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 Jim McDermott sell GS?
Jim McDermott disclosed a sale of $15,001 - $50,000 of Goldman Sachs Group Inc (GS) on November 20, 2014, according to public STOCK Act filings.
How has GS performed since Jim McDermott's trade?
Since Jim McDermott sold GS on November 20, 2014, the stock is up +550.96%, versus +330.84% for the S&P 500 over the same period, an outperformance of +220.12%.
How many times has Jim McDermott traded GS?
Jim McDermott has disclosed 2 GS trades since 2014 (1 purchase and 1 sale). 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 GS trades?
Quantellect tracks every disclosed congressional trade in Goldman Sachs Group Inc (GS) on the Goldman Sachs Group Inc congressional trading page, which aggregates filings across all members of Congress.
Jim McDermott's GS tradesAll congressional filings for Goldman Sachs Group IncJim McDermott'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.