Mike Garcia sold Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS)
Mike Garcia (R-CA), a U.S. Representative, has disclosed 6 trades in Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS) since 2020, 2 purchases and 4 sales, worth an estimated $146K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Mike Garcia sold $15,001 - $50,000 of Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS) on November 9, 2020. Since that trade, FAS is up +328.61% against the S&P 500 up +125.67%, an outperformance of +202.94%.
Across these filings, Mike Garcia has been a net seller of FAS (a buy-to-sell ratio of 0.50). The most recent disclosed FAS transaction shown was dated November 11, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Mike Garcia's FAS trades vs the price
FAS is up +328.61% since Mike Garcia sold on November 9, 2020, versus +125.67% for the S&P 500.
Performance since this trade
All Mike Garcia FAS trades
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.
Mike Garcia & FAS trading FAQ
Is it legal for Mike Garcia to trade Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS), 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 Mike Garcia sell FAS?
Mike Garcia disclosed a sale of $15,001 - $50,000 of Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS) on November 9, 2020, according to public STOCK Act filings.
How has FAS performed since Mike Garcia's trade?
Since Mike Garcia sold FAS on November 9, 2020, the stock is up +328.61%, versus +125.67% for the S&P 500 over the same period, an outperformance of +202.94%.
How many times has Mike Garcia traded FAS?
Mike Garcia has disclosed 6 FAS trades since 2020 (2 purchases and 4 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 FAS trades?
Quantellect tracks every disclosed congressional trade in Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New (FAS) on the Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : New congressional trading page, which aggregates filings across all members of Congress.
Mike Garcia's FAS tradesAll congressional filings for Direxion Financial Bull 3X Shares (FAS) [ST] F IlING S TATuS : NewMike Garcia'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.