Greg Gianforte bought International Business Machines (NYSE: IBM)
Greg Gianforte (R-MT), a U.S. Representative, has disclosed 3 trades in International Business Machines (IBM) since 2018, 2 purchases and 1 sale, worth an estimated $558K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Greg Gianforte bought $100,001 - $250,000 of International Business Machines (NYSE: IBM) on December 21, 2018. Since that trade, IBM is up +193.42% against the S&P 500 up +237.91%, an outperformance of -44.49%.
Across these filings, Greg Gianforte has been a net buyer of IBM (a buy-to-sell ratio of 2.00). Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Greg Gianforte's IBM trades vs the price
IBM is up +193.42% since Greg Gianforte bought on December 21, 2018, versus +237.91% for the S&P 500.
Performance since this trade
All Greg Gianforte IBM trades
Greg Gianforte & IBM trading FAQ
Is it legal for Greg Gianforte 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 Greg Gianforte buy IBM?
Greg Gianforte disclosed a purchase of $100,001 - $250,000 of International Business Machines (IBM) on December 21, 2018, according to public STOCK Act filings.
How has IBM performed since Greg Gianforte's trade?
Since Greg Gianforte bought IBM on December 21, 2018, the stock is up +193.42%, versus +237.91% for the S&P 500 over the same period, an outperformance of -44.49%.
How many times has Greg Gianforte traded IBM?
Greg Gianforte has disclosed 3 IBM trades since 2018 (2 purchases and 1 sale). 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.
Greg Gianforte's IBM tradesAll congressional filings for International Business MachinesGreg Gianforte'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.