Rep. Michael A. Rulli (R-OH) Sells Wells Fargo (WFC) Stock
Rep. Michael Rulli disclosed a sale of Wells Fargo shares valued between $1,001 and $15,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Michael A. Rulli (R-OH) sold between $1,001 and $15,000 of Wells Fargo & Company ($WFC) stock on September 3, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed October 2, 2026.
Since the trade, $WFC is up 0.3% after 1 week, down 8.7% after 1 month and down 6.0% to date (from the $89.19 close on Sep 3, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Michael A. Rulli (R)
- Status:
- Member — House
- Party:
- Republican
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Oct 2, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Wells Fargo & Company ($WFC) | Sell | Sep 3, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. View the original: STOCK Act disclosure (House Clerk)
Key Points
- Rep. Michael Rulli, a Republican in the House, sold Wells Fargo shares valued between $1,001 and $15,000 on September 3, 2026.
- Wells Fargo & Company, trading at $83.65 on Friday, has a market cap of $261.7 billion and a P/E ratio of 12.6.
- The company offers diversified financial services and has a dividend yield of 2.32% with a payout ratio of 26.16%.
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Not investment advice. TradeTexts is not a registered investment adviser, and this automated Wells Fargo & Company alert may contain errors. Disclosures
Rep. Michael A. Rulli, a Republican serving in the House, recently disclosed a sale of Wells Fargo & Company shares. The transaction, which took place on September 3, 2026, involved shares valued between $1,001 and $15,000. This disclosure was made public on October 2, 2026, as part of the STOCK Act requirements, which mandate timely reporting of stock trades by U.S. politicians.
Michael A. Rulli vs. the S&P 500
Hypothetical returns from Michael A. Rulli's disclosed trades, not real profit or advice. How we model this.
Wells Fargo & Company Stock Down 2.9%
Shares of NYSE:WFC traded near $83.65 on Friday. Wells Fargo & Company has a market capitalization of about $261.7 billion. The stock has a P/E ratio of 12.6 and a forward P/E of 11.0, indicating investor expectations for future earnings. With a beta of 0.916, the stock is slightly less volatile than the market. Over the past year, the stock has ranged from a low of $72.78 to a high of $97.76, with recent moving averages of $87.18 (50-day) and $85.17 (200-day).
Recent Earnings
Wells Fargo reported revenue of $83.03 billion, reflecting a growth rate of 9.5%. The company achieved a net margin of 27.23% and a return on equity of 12.58%. Earnings per share stood at $6.88. The next earnings report is expected on October 13, 2026.
Dividend
Wells Fargo pays an annual dividend rate of $2.00 per share, yielding 2.32%. The dividend payout ratio is 26.16%, indicating a balanced approach to returning capital to shareholders while retaining earnings for growth. The company has established ex-dividend dates to manage its dividend distribution.
About Wells Fargo & Company
Wells Fargo & Company, headquartered in San Francisco, California, is a major player in the financial services sector. The company provides a wide range of banking, investment, mortgage, and financial services both in the United States and internationally. Under the leadership of CEO Charles W. Scharf, Wells Fargo operates through several segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. With approximately 197,466 employees, the company is committed to offering comprehensive financial solutions.
Bottom Line
The recent sale of Wells Fargo shares by Rep. Michael Rulli is a noteworthy disclosure under the STOCK Act, which aims to bring transparency to stock trades by public officials. Investors often track such trades for insights, though it's important to remember these reports are made after the fact. Wells Fargo continues to be a significant entity in the financial sector, offering a mix of growth and income potential.
Source: Michael A. Rulli's STOCK Act disclosure on $WFC (Sep 3, 2026). Read the original filing: STOCK Act disclosure (House Clerk). Written by software, not financial advice. How we make alerts