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U.S. Representative Daniel Crenshaw has only made 33 stock trades since entering office. They include some of the most well-timed congressional trades we’ve ever seen. Here are his top five most profitable transactions:
Crenshaw sold his Rivian stock, $RIVN, on December 23rd, 2021. Since then, the stock has fallen 84%.
Some other moves which weren't as profitable as the others, but just as strange. On 11/8/2021, Crenshaw bought stock in Tesla. On 11/12/2021, he sold stock in Tesla. On 11/12/2021, he bought stock in Tesla again. On 11/16/2021, he sold stock in Tesla again.
Crenshaw purchased the Direction Daily Financial Bull 3X Shares ETF, $FAS, at almost exactly the lowest point of the COVID market crash. The graph below doesn’t do this trade justice. It doesn't show that he sold near the peak on 1/10/22 for a return of over 500%.
Crenshaw bought stock in Wynn Resorts, $WYNN, on October 25th, 2022. Since then, the stock has risen 80%.
Crenshaw bought Facebook stock, $META, on October 25th, 2022. Since then, the stock has risen 104%.
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