James B. Renacci sold Iridium Communications Inc (NASDAQ: IRDM)
James B. Renacci (R-OH), a U.S. Representative, has disclosed 3 trades in Iridium Communications Inc (IRDM) since 2016, 2 purchases and 1 sale, worth an estimated $24K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: James B. Renacci sold $1,001 - $15,000 of Iridium Communications Inc (NASDAQ: IRDM) on October 20, 2017. Since that trade, IRDM is up +325.38% against the S&P 500 up +224.00%, an outperformance of +101.38%.
Across these filings, James B. Renacci has been a net buyer of IRDM (a buy-to-sell ratio of 2.00). The most recent disclosed IRDM transaction shown was dated October 23, 2017. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
James B. Renacci's IRDM trades vs the price
IRDM is up +325.38% since James B. Renacci sold on October 20, 2017, versus +224.00% for the S&P 500.
Performance since this trade
All James B. Renacci IRDM trades
James B. Renacci & IRDM trading FAQ
Is it legal for James B. Renacci to trade Iridium Communications Inc (IRDM) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Iridium Communications Inc (IRDM), 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 James B. Renacci sell IRDM?
James B. Renacci disclosed a sale of $1,001 - $15,000 of Iridium Communications Inc (IRDM) on October 20, 2017, according to public STOCK Act filings.
How has IRDM performed since James B. Renacci's trade?
Since James B. Renacci sold IRDM on October 20, 2017, the stock is up +325.38%, versus +224.00% for the S&P 500 over the same period, an outperformance of +101.38%.
How many times has James B. Renacci traded IRDM?
James B. Renacci has disclosed 3 IRDM trades since 2016 (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 IRDM trades?
Quantellect tracks every disclosed congressional trade in Iridium Communications Inc (IRDM) on the Iridium Communications Inc congressional trading page, which aggregates filings across all members of Congress.
James B. Renacci's IRDM tradesAll congressional filings for Iridium Communications IncJames B. Renacci'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.