Stephen Knight sold Federal National Mortgage Association (OTCQB: FNMA)
Stephen Knight (R-CA), a U.S. Representative, has disclosed 5 trades in Federal National Mortgage Association (FNMA) since 2016, 2 purchases and 3 sales, worth an estimated $40K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Stephen Knight sold $1,001 - $15,000 of Federal National Mortgage Association (OTCQB: FNMA) on November 16, 2016. Since that trade, FNMA is up +101.33% against the S&P 500 up +302.05%, an outperformance of -200.72%.
Across these filings, Stephen Knight has been a net seller of FNMA (a buy-to-sell ratio of 0.67). The most recent disclosed FNMA transaction shown was dated August 3, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Stephen Knight's FNMA trades vs the price
FNMA is up +101.33% since Stephen Knight sold on November 16, 2016, versus +302.05% for the S&P 500.
Performance since this trade
All Stephen Knight FNMA 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.
Stephen Knight & FNMA trading FAQ
Is it legal for Stephen Knight to trade Federal National Mortgage Association (FNMA) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Federal National Mortgage Association (FNMA), 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 Stephen Knight sell FNMA?
Stephen Knight disclosed a sale of $1,001 - $15,000 of Federal National Mortgage Association (FNMA) on November 16, 2016, according to public STOCK Act filings.
How has FNMA performed since Stephen Knight's trade?
Since Stephen Knight sold FNMA on November 16, 2016, the stock is up +101.33%, versus +302.05% for the S&P 500 over the same period, an outperformance of -200.72%.
How many times has Stephen Knight traded FNMA?
Stephen Knight has disclosed 5 FNMA trades since 2016 (2 purchases and 3 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 FNMA trades?
Quantellect tracks every disclosed congressional trade in Federal National Mortgage Association (FNMA) on the Federal National Mortgage Association congressional trading page, which aggregates filings across all members of Congress.
Stephen Knight's FNMA tradesAll congressional filings for Federal National Mortgage AssociationStephen Knight'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.