Jack Reed bought Enact Holdings Inc (NASDAQ: ACT)
Jack Reed (D-RI), a U.S. Senator, has disclosed 5 trades in Enact Holdings Inc (ACT) since 2014, 3 purchases and 2 sales, worth an estimated $40K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Jack Reed bought $1,001 - $15,000 of Enact Holdings Inc (NASDAQ: ACT) on July 9, 2014. Since that trade, ACT is up +43.53% against the S&P 500 up +351.43%, an outperformance of -307.90%.
Across these filings, Jack Reed has been a net buyer of ACT (a buy-to-sell ratio of 1.50). The most recent disclosed ACT transaction shown was dated March 3, 2015. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Jack Reed's ACT trades vs the price
ACT is up +43.53% since Jack Reed bought on July 9, 2014, versus +351.43% for the S&P 500.
Performance since this trade
All Jack Reed ACT 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.
Jack Reed & ACT trading FAQ
Is it legal for Jack Reed to trade Enact Holdings Inc (ACT) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Enact Holdings Inc (ACT), 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 Jack Reed buy ACT?
Jack Reed disclosed a purchase of $1,001 - $15,000 of Enact Holdings Inc (ACT) on July 9, 2014, according to public STOCK Act filings.
How has ACT performed since Jack Reed's trade?
Since Jack Reed bought ACT on July 9, 2014, the stock is up +43.53%, versus +351.43% for the S&P 500 over the same period, an outperformance of -307.90%.
How many times has Jack Reed traded ACT?
Jack Reed has disclosed 5 ACT trades since 2014 (3 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 ACT trades?
Quantellect tracks every disclosed congressional trade in Enact Holdings Inc (ACT) on the Enact Holdings Inc congressional trading page, which aggregates filings across all members of Congress.
Jack Reed's ACT tradesAll congressional filings for Enact Holdings IncJack Reed'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.