Lamar Smith sold The Michaels Companies, Inc. (MIK) (MIK)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 3 trades in The Michaels Companies, Inc. (MIK) (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 sale: Lamar Smith sold $1,001 - $15,000 of The Michaels Companies, Inc. (MIK) (MIK) on January 12, 2018. Since that trade, MIK is up +0.00% against the S&P 500 up +198.21%, an outperformance of -198.21%.
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 sold on January 12, 2018, versus +198.21% 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) (MIK) stock?
Yes. Members of Congress are allowed to trade individual stocks, including The Michaels Companies, Inc. (MIK) (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 sell MIK?
Lamar Smith disclosed a sale of $1,001 - $15,000 of The Michaels Companies, Inc. (MIK) (MIK) on January 12, 2018, according to public STOCK Act filings.
How has MIK performed since Lamar Smith's trade?
Since Lamar Smith sold MIK on January 12, 2018, the stock is up +0.00%, versus +198.21% for the S&P 500 over the same period, an outperformance of -198.21%.
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) (MIK) on the The Michaels Companies, Inc. (MIK) congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's MIK tradesAll congressional filings for The Michaels Companies, Inc. (MIK)Lamar 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.