Not only is Senator Markwayne Mullin active in politics, but he is also active in the stock market. He's back at it in 2025 after having an incredible trading record the previous year, making 32 trades in a single month among 22 different stocks. Mullin's portfolio is anything but quiet, with total purchases ranging from $300K to $1M and sales between $292K and $730K.
Mullin's most notable trade? Stride Inc. (LRN:US) is an online learning platform. The stock has subsequently surged to $137.66, a 29.45% return in just over a month, after he bought shares on January 2, 2025, at an average price of 106.34. For the senator, who also serves on the Senate Health, Education, Labor, and Pensions Committee—a relationship that some find questionable—that is a significant return.
Additionally, he placed bets in Westinghouse Air Brake Technologies (WAB:US), Applied Industrial Technologies (AIT:US), and Goldman Sachs (GS:US), all of which have increased since his purchases and have yielded returns of 9.98%, 8.32%, and 8.29% concurrently.
Conversely, on January 8, 2025, Mullin traded out the iShares Core MSCI EAFE ETF (IEFA:US). Since his sell, the ETF has dropped 2.77%, suggesting that he made a wise departure. Abbott Laboratories (ABT:US), iShares MSCI Eurozone ETF, and Vanguard Mid-Cap ETF were among the other noteworthy sales; all of these companies had slight losses after the transaction.
The continuous discussion around congressional stock trading is fueled by Mullin's transactions. Even while his investments are lawful, the fact that his committee work and personal business ventures intersect, particularly in the field of education, begs the question: Is he simply a wise investor, or does he have an advantage that the general public does not?
One thing is evident from his most recent victories: Markwayne Mullin is an expert market player. Will the public, however, allow politicians to continue their game as scrutiny of political trading intensifies?
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