Jack Reed sold IBM Corp. (stock) (NYSE) (NYSE)
Jack Reed (D-RI), a U.S. Senator, has disclosed 6 trades in IBM Corp. (stock) (NYSE) (NYSE) since 2012, 3 purchases and 3 sales, worth an estimated $765K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Jack Reed sold $100,001 - $250,000 of IBM Corp. (stock) (NYSE) (NYSE) on February 1, 2012. Since that trade, NYSE is up +0.00% against the S&P 500 up +606.97%, an outperformance of -606.97%.
Across these filings, Jack Reed has been a balanced trader of NYSE (a buy-to-sell ratio of 1.00). The most recent disclosed NYSE transaction shown was dated February 27, 2013. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Jack Reed's NYSE trades vs the price
NYSE is up +0.00% since Jack Reed sold on February 1, 2012, versus +606.97% for the S&P 500.
Performance since this trade
All Jack Reed NYSE 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 & NYSE trading FAQ
Is it legal for Jack Reed to trade IBM Corp. (stock) (NYSE) (NYSE) stock?
Yes. Members of Congress are allowed to trade individual stocks, including IBM Corp. (stock) (NYSE) (NYSE), 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 sell NYSE?
Jack Reed disclosed a sale of $100,001 - $250,000 of IBM Corp. (stock) (NYSE) (NYSE) on February 1, 2012, according to public STOCK Act filings.
How has NYSE performed since Jack Reed's trade?
Since Jack Reed sold NYSE on February 1, 2012, the stock is up +0.00%, versus +606.97% for the S&P 500 over the same period, an outperformance of -606.97%.
How many times has Jack Reed traded NYSE?
Jack Reed has disclosed 6 NYSE trades since 2012 (3 purchases and 3 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 NYSE trades?
Quantellect tracks every disclosed congressional trade in IBM Corp. (stock) (NYSE) (NYSE) on the IBM Corp. (stock) (NYSE) congressional trading page, which aggregates filings across all members of Congress.
Jack Reed's NYSE tradesAll congressional filings for IBM Corp. (stock) (NYSE)Jack 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.