K. Michael Conaway bought Biogen Inc (NASDAQ: BIIB)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 3 trades in Biogen Inc (BIIB) since 2015, 1 purchase and 2 sales, worth an estimated $24K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: K. Michael Conaway bought $1,001 - $15,000 of Biogen Inc (NASDAQ: BIIB) on February 9, 2015. Since that trade, BIIB is down -47.28% against the S&P 500 up +330.46%, an outperformance of -377.75%.
Across these filings, K. Michael Conaway has been a net seller of BIIB (a buy-to-sell ratio of 0.50). The most recent disclosed BIIB transaction shown was dated April 1, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's BIIB trades vs the price
BIIB is down -47.28% since K. Michael Conaway bought on February 9, 2015, versus +330.46% for the S&P 500.
Performance since this trade
All K. Michael Conaway BIIB trades
K. Michael Conaway & BIIB trading FAQ
Is it legal for K. Michael Conaway to trade Biogen Inc (BIIB) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Biogen Inc (BIIB), 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 K. Michael Conaway buy BIIB?
K. Michael Conaway disclosed a purchase of $1,001 - $15,000 of Biogen Inc (BIIB) on February 9, 2015, according to public STOCK Act filings.
How has BIIB performed since K. Michael Conaway's trade?
Since K. Michael Conaway bought BIIB on February 9, 2015, the stock is down -47.28%, versus +330.46% for the S&P 500 over the same period, an outperformance of -377.75%.
How many times has K. Michael Conaway traded BIIB?
K. Michael Conaway has disclosed 3 BIIB trades since 2015 (1 purchase and 2 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 BIIB trades?
Quantellect tracks every disclosed congressional trade in Biogen Inc (BIIB) on the Biogen Inc congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's BIIB tradesAll congressional filings for Biogen IncK. Michael Conaway'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.