Lucky mikie sherrill sold ubs stock right before 24 percent plunge

Lucky Mikie Sherrill sold UBS stock right before 24 percent plunge

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1 min read
July 15, 2025

BERGEN, NJ — New Jersey Congresswoman Mikie Sherrill sold up to $500,000 worth of UBS shares just one month before the banking giant’s stock dropped nearly 24%, according to financial disclosures and market data reviewed by Quiver Quantitative.

Sherrill credits her financial success in the stock market since joining Congress luck. During that lucky streak since taking office she has seen her net worth in the stock market climb by a reported $7 million.

The New Jersey Democrat executed the sale on March 17 at $34.15 per share. By mid-April, UBS stock had fallen to a low of $26.12 amid investor fears over proposed Swiss regulatory changes that would require the bank to hold an additional $26 billion in capital.

The stricter capital rules — designed to stabilize the Swiss financial sector following the Credit Suisse collapse — would mandate that UBS fully capitalize its foreign subsidiaries through its Swiss parent, a move analysts said could limit share buybacks and put UBS at a competitive disadvantage.

Public filings show that Sherrill had previously traded heavily in UBS stock, including large sales in the spring of 2020 that reportedly yielded returns up to 124%.

Quiver Quantitative, which monitors stock activity by members of Congress, noted that Sherrill’s March trade appeared to avoid losses by occurring ahead of the market reaction, calling it part of “a broader pattern of well-timed transactions” involving the congresswoman.

Sherrill has not commented publicly on the March UBS transaction.

Phil Stilton

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