Billy Long bought MGM Resorts International (NYSE: MGM)
Billy Long (R-MO), a U.S. Representative, has disclosed 13 trades in MGM Resorts International (MGM) since 2015, 7 purchases and 6 sales, worth an estimated $374K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Billy Long bought $1,001 - $15,000 of MGM Resorts International (NYSE: MGM) on February 5, 2015. Since that trade, MGM is up +138.64% against the S&P 500 up +327.35%, an outperformance of -188.72%.
Across these filings, Billy Long has been a net buyer of MGM (a buy-to-sell ratio of 1.17). The most recent disclosed MGM transaction shown was dated March 4, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Billy Long's MGM trades vs the price
MGM is up +138.64% since Billy Long bought on February 5, 2015, versus +327.35% for the S&P 500.
Performance since this trade
All Billy Long MGM trades
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.
Billy Long & MGM trading FAQ
Is it legal for Billy Long to trade MGM Resorts International (MGM) stock?
Yes. Members of Congress are allowed to trade individual stocks, including MGM Resorts International (MGM), 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 Billy Long buy MGM?
Billy Long disclosed a purchase of $1,001 - $15,000 of MGM Resorts International (MGM) on February 5, 2015, according to public STOCK Act filings.
How has MGM performed since Billy Long's trade?
Since Billy Long bought MGM on February 5, 2015, the stock is up +138.64%, versus +327.35% for the S&P 500 over the same period, an outperformance of -188.72%.
How many times has Billy Long traded MGM?
Billy Long has disclosed 13 MGM trades since 2015 (7 purchases and 6 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 MGM trades?
Quantellect tracks every disclosed congressional trade in MGM Resorts International (MGM) on the MGM Resorts International congressional trading page, which aggregates filings across all members of Congress.
Billy Long's MGM tradesAll congressional filings for MGM Resorts InternationalBilly Long'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.