Lamar Smith bought Steven Madden Ltd (NASDAQ: SHOO)
Lamar Smith (R-TX), a U.S. Representative, has disclosed 4 trades in Steven Madden Ltd (SHOO) since 2015, 3 purchases and 1 sale, worth an estimated $32K 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 Steven Madden Ltd (NASDAQ: SHOO) on November 4, 2015. Since that trade, SHOO is up +144.04% against the S&P 500 up +319.63%, an outperformance of -175.59%.
Across these filings, Lamar Smith has been a net buyer of SHOO (a buy-to-sell ratio of 3.00). The most recent disclosed SHOO transaction shown was dated October 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 SHOO trades vs the price
SHOO is up +144.04% since Lamar Smith bought on November 4, 2015, versus +319.63% for the S&P 500.
Performance since this trade
All Lamar Smith SHOO trades
| Traded | Type | Size | Return | Est. profit | |
|---|---|---|---|---|---|
| October 8, 2018 | SELL | $28.79 | +66.14% | — | |
| May 1, 2017 | BUY | $21.76 | +119.80% | +$1K | |
| February 4, 2016 | BUY | $18.39 | +160.05% | +$3K | |
| November 4, 2015 | BUY | $19.60 | +144.04% | +$2K |
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.
Lamar Smith & SHOO trading FAQ
Is it legal for Lamar Smith to trade Steven Madden Ltd (SHOO) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Steven Madden Ltd (SHOO), 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 SHOO?
Lamar Smith disclosed a purchase of $1,001 - $15,000 of Steven Madden Ltd (SHOO) on November 4, 2015, according to public STOCK Act filings.
How has SHOO performed since Lamar Smith's trade?
Since Lamar Smith bought SHOO on November 4, 2015, the stock is up +144.04%, versus +319.63% for the S&P 500 over the same period, an outperformance of -175.59%.
How many times has Lamar Smith traded SHOO?
Lamar Smith has disclosed 4 SHOO trades since 2015 (3 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 SHOO trades?
Quantellect tracks every disclosed congressional trade in Steven Madden Ltd (SHOO) on the Steven Madden Ltd congressional trading page, which aggregates filings across all members of Congress.
Lamar Smith's SHOO tradesAll congressional filings for Steven Madden LtdLamar 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.