Lamar Smith bought East West Bancorp Inc (NASDAQ: EWBC)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 3 trades in East West Bancorp Inc (EWBC) since 2017, 2 purchases and 1 sale, 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: Lamar Smith bought $1,001 - $15,000 of East West Bancorp Inc (NASDAQ: EWBC) on May 2, 2017. Since that trade, EWBC is up +192.86% against the S&P 500 up +252.32%, an outperformance of -59.47%.
Across these filings, Lamar Smith has been a net buyer of EWBC (a buy-to-sell ratio of 2.00). The most recent disclosed EWBC transaction shown was dated June 1, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Lamar Smith's EWBC trades vs the price
EWBC is up +192.86% since Lamar Smith bought on May 2, 2017, versus +252.32% for the S&P 500.
Performance since this trade
All Lamar Smith EWBC trades
Lamar Smith & EWBC trading FAQ
Is it legal for Lamar Smith to trade East West Bancorp Inc (EWBC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including East West Bancorp Inc (EWBC), 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 Lamar Smith buy EWBC?
Lamar Smith disclosed a purchase of $1,001 - $15,000 of East West Bancorp Inc (EWBC) on May 2, 2017, according to public STOCK Act filings.
How has EWBC performed since Lamar Smith's trade?
Since Lamar Smith bought EWBC on May 2, 2017, the stock is up +192.86%, versus +252.32% for the S&P 500 over the same period, an outperformance of -59.47%.
How many times has Lamar Smith traded EWBC?
Lamar Smith has disclosed 3 EWBC trades since 2017 (2 purchases 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 EWBC trades?
Quantellect tracks every disclosed congressional trade in East West Bancorp Inc (EWBC) on the East West Bancorp Inc congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's EWBC tradesAll congressional filings for East West Bancorp IncLamar Smith'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.