Bill Cassidy sold International Business Machines (NYSE: IBM)
Bill Cassidy (R-LA), a U.S. Senator, has disclosed 4 trades in International Business Machines (IBM) since 2017, 2 purchases and 2 sales, worth an estimated $32K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Bill Cassidy sold $1,001 - $15,000 of International Business Machines (NYSE: IBM) on August 19, 2020. Since that trade, IBM is up +141.78% against the S&P 500 up +134.29%, an outperformance of +7.49%.
Across these filings, Bill Cassidy has been a balanced trader of IBM (a buy-to-sell ratio of 1.00). The most recent disclosed IBM transaction shown was dated November 5, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Bill Cassidy's IBM trades vs the price
IBM is up +141.78% since Bill Cassidy sold on August 19, 2020, versus +134.29% for the S&P 500.
Performance since this trade
All Bill Cassidy IBM trades
| Traded | Type | Size | Return | Est. profit | |
|---|---|---|---|---|---|
| November 5, 2020 | SELL | $86.80 | +160.89% | — | |
| August 19, 2020 | SELL | $93.66 | +141.78% | — | |
| April 23, 2018 | BUY | $98.03 | +130.99% | +$4K | |
| November 17, 2017 | BUY | $99.14 | +128.40% | +$4K |
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
Bill Cassidy & IBM trading FAQ
Is it legal for Bill Cassidy to trade International Business Machines (IBM) stock?
Yes. Members of Congress are allowed to trade individual stocks, including International Business Machines (IBM), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Bill Cassidy sell IBM?
Bill Cassidy disclosed a sale of $1,001 - $15,000 of International Business Machines (IBM) on August 19, 2020, according to public STOCK Act filings.
How has IBM performed since Bill Cassidy's trade?
Since Bill Cassidy sold IBM on August 19, 2020, the stock is up +141.78%, versus +134.29% for the S&P 500 over the same period, an outperformance of +7.49%.
How many times has Bill Cassidy traded IBM?
Bill Cassidy has disclosed 4 IBM trades since 2017 (2 purchases and 2 sales). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional IBM trades?
Quantellect tracks every disclosed congressional trade in International Business Machines (IBM) on the International Business Machines congressional trading page, which aggregates filings across all members of Congress.
Bill Cassidy's IBM tradesAll congressional filings for International Business MachinesBill Cassidy's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.