Several U.S. lawmakers have dramatically accelerated their stock trading in recent months, with Disclosed Capitol's velocity analysis flagging extreme outliers. Rep. Ed Case (D-HI) leads with a z-score of 8.42, filing 4 trades in the last 90 days against a historical baseline of just 0.2 per month. His total trade count now stands at 13, a pace that demands attention amid broader market volatility.
Sen. Mark R. Warner (D-VA) shows similar intensity, with a 6.87 z-score and 43 trades over 90 days—more than 30 times his monthly baseline of 1.28. Warner's cumulative filings reach 136, including recent purchases like Atlassian (TEAM) on April 13, 2026, which climbed 45% in the following 21 days from seven-year lows. Sen. Tina Smith (D-MN) follows at 5.59 z-score, with 6 recent trades versus 0.42 monthly norm, totaling 42 disclosures. Her latest include sales of 3M (MMM, $50K-$100K) and Berkshire Hathaway (BRK.B, $100K-$250K).
Republicans aren't absent: Rep. Lloyd K. Smucker (R-PA) registered a 3.98 z-score, jumping to 7 trades in 90 days from 0.2 monthly, for 22 total. Sen. John Fetterman (D-PA) hit 3.8, with 13 trades against a 1.5 baseline, accumulating 58. These surges coincide with public scrutiny on platforms like X, where general sentiment questions overlaps between committee roles—such as Warner's defense and intelligence oversight or Smith's health panel—and trades in related sectors like medical devices (e.g., Smith's past Tactile Systems, TCMD).
The timing raises eyebrows under the STOCK Act's disclosure rules, especially as reform bills to ban congressional trading stall in Congress. Recent reports note late filings for Case and others, fueling debates. With markets navigating AI booms, defense spending, and economic uncertainty, this uptick suggests lawmakers are positioning aggressively. Investors may watch for conviction scores and cluster signals in upcoming data.
This is data analysis, not financial advice.
This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.