Lamar Smith bought The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 3 trades in The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK) since 2017, 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: Lamar Smith bought $1,001 - $15,000 of The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK) on February 3, 2017. Since that trade, MIK is up +0.00% against the S&P 500 up +268.41%, an outperformance of -268.41%.
Across these filings, Lamar Smith has been a net seller of MIK (a buy-to-sell ratio of 0.50). The most recent disclosed MIK transaction shown was dated May 8, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Lamar Smith's MIK trades vs the price
MIK is up +0.00% since Lamar Smith bought on February 3, 2017, versus +268.41% for the S&P 500.
Performance since this trade
All Lamar Smith MIK trades
Lamar Smith & MIK trading FAQ
Is it legal for Lamar Smith to trade The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK) stock?
Yes. Members of Congress are allowed to trade individual stocks, including The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK), 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 MIK?
Lamar Smith disclosed a purchase of $1,001 - $15,000 of The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK) on February 3, 2017, according to public STOCK Act filings.
How has MIK performed since Lamar Smith's trade?
Since Lamar Smith bought MIK on February 3, 2017, the stock is up +0.00%, versus +268.41% for the S&P 500 over the same period, an outperformance of -268.41%.
How many times has Lamar Smith traded MIK?
Lamar Smith has disclosed 3 MIK trades since 2017 (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 MIK trades?
Quantellect tracks every disclosed congressional trade in The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS (MIK) on the The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTS congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's MIK tradesAll congressional filings for The Michaels Companies, Inc. (MIK) F ILINg S TaTUS : New S UbHoLdINg o F : MERRILL LYNCH INVESTMENT aCCoUNTSLamar 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.