K. Michael Conaway sold Wells Fargo & Company (NYSE: WFC)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 4 trades in Wells Fargo & Company (WFC) since 2014, 2 purchases and 2 sales, worth an estimated $32K 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 Wells Fargo & Company (NYSE: WFC) on September 12, 2016. Since that trade, WFC is up +126.25% against the S&P 500 up +294.83%, an outperformance of -168.58%.
Across these filings, K. Michael Conaway has been a balanced trader of WFC (a buy-to-sell ratio of 1.00). Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's WFC trades vs the price
WFC is up +126.25% since K. Michael Conaway sold on September 12, 2016, versus +294.83% for the S&P 500.
Performance since this trade
All K. Michael Conaway WFC trades
| Traded | Type | Size | Return | Est. profit | |
|---|---|---|---|---|---|
| September 12, 2016 | SELL | $37.07 | +126.25% | — | |
| March 30, 2016 | BUY | $36.58 | +129.29% | +$6K | |
| March 30, 2016 | BUY | $36.58 | +129.29% | +$6K | |
| November 12, 2014 | SELL | $38.89 | +115.64% | — |
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 & WFC trading FAQ
Is it legal for K. Michael Conaway to trade Wells Fargo & Company (WFC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Wells Fargo & Company (WFC), 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 WFC?
K. Michael Conaway disclosed a sale of $1,001 - $15,000 of Wells Fargo & Company (WFC) on September 12, 2016, according to public STOCK Act filings.
How has WFC performed since K. Michael Conaway's trade?
Since K. Michael Conaway sold WFC on September 12, 2016, the stock is up +126.25%, versus +294.83% for the S&P 500 over the same period, an outperformance of -168.58%.
How many times has K. Michael Conaway traded WFC?
K. Michael Conaway has disclosed 4 WFC trades since 2014 (2 purchases 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 WFC trades?
Quantellect tracks every disclosed congressional trade in Wells Fargo & Company (WFC) on the Wells Fargo & Company congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's WFC tradesAll congressional filings for Wells Fargo & CompanyK. 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.