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Quantellect · Congress · Trade Detail
NYSE: MGAMagna International Inc
RepublicanHouse

K. Michael Conaway sold Magna International Inc (NYSE: MGA)

K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 1 trade in Magna International Inc (MGA) since 2016, a single sale, worth an estimated $8K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).

The trade highlighted here is a sale: K. Michael Conaway sold $1,001 - $15,000 of Magna International Inc (NYSE: MGA) on September 12, 2016. Since that trade, MGA is up +131.57% against the S&P 500 up +294.83%, an outperformance of -163.26%.

Data updated

MGA trades
1
Disclosed Vol
$8K
Buys
0
0%
Sells
1
100%
Buy / Sell
0.00
ratio
First → Last
2016

K. Michael Conaway's MGA trades vs the price

MGA is up +131.57% since K. Michael Conaway sold on September 12, 2016, versus +294.83% for the S&P 500.

Performance since this trade

Price change since trade
+131.57%
S&P 500 change since trade
+294.83%
Outperformance vs S&P 500
-163.26%

All K. Michael Conaway MGA trades

TradedTypeSizeReturnEst. profit
September 12, 2016SELL$29.84+131.57%

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.

K. Michael Conaway & MGA trading FAQ

Is it legal for K. Michael Conaway to trade Magna International Inc (MGA) stock?

Yes. Members of Congress are allowed to trade individual stocks, including Magna International Inc (MGA), 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 sell MGA?

K. Michael Conaway disclosed a sale of $1,001 - $15,000 of Magna International Inc (MGA) on September 12, 2016, according to public STOCK Act filings.

How has MGA performed since K. Michael Conaway's trade?

Since K. Michael Conaway sold MGA on September 12, 2016, the stock is up +131.57%, versus +294.83% for the S&P 500 over the same period, an outperformance of -163.26%.

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 MGA trades?

Quantellect tracks every disclosed congressional trade in Magna International Inc (MGA) on the Magna International Inc congressional trading page, which aggregates filings across all members of Congress.

K. Michael Conaway's MGA tradesAll congressional filings for Magna International 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.