Jim McDermott sold Fifth Third Bancorp (NASDAQ: FITB)
Jim McDermott (D-WA), a U.S. Representative, has disclosed 3 trades in Fifth Third Bancorp (FITB) since 2016, 1 purchase and 2 sales, worth an estimated $49K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Jim McDermott sold $1,001 - $15,000 of Fifth Third Bancorp (NASDAQ: FITB) on September 27, 2016. Since that trade, FITB is up +284.30% against the S&P 500 up +306.28%, an outperformance of -21.97%.
Across these filings, Jim McDermott has been a net seller of FITB (a buy-to-sell ratio of 0.50). The most recent disclosed FITB transaction shown was dated October 11, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Jim McDermott's FITB trades vs the price
FITB is up +284.30% since Jim McDermott sold on September 27, 2016, versus +306.28% for the S&P 500.
Performance since this trade
All Jim McDermott FITB trades
Jim McDermott & FITB trading FAQ
Is it legal for Jim McDermott to trade Fifth Third Bancorp (FITB) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Fifth Third Bancorp (FITB), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. BullishWhales tracks those disclosures; this page does not imply the trade was improper.
When did Jim McDermott sell FITB?
Jim McDermott disclosed a sale of $1,001 - $15,000 of Fifth Third Bancorp (FITB) on September 27, 2016, according to public STOCK Act filings.
How has FITB performed since Jim McDermott's trade?
Since Jim McDermott sold FITB on September 27, 2016, the stock is up +284.30%, versus +306.28% for the S&P 500 over the same period, an outperformance of -21.97%.
How many times has Jim McDermott traded FITB?
Jim McDermott has disclosed 3 FITB trades since 2016 (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 FITB trades?
BullishWhales tracks every disclosed congressional trade in Fifth Third Bancorp (FITB) on the Fifth Third Bancorp congressional trading page, which aggregates filings across all members of Congress.
Jim McDermott's FITB tradesAll congressional filings for Fifth Third BancorpJim McDermott'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.